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Established Cornish Town Centre Inn In Lostwithiel For Sale

Lostwithiel, Cornwall, UK
Asking Price:
£3,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

• Cornish town centre inn
• With four en-suite letting bedrooms
• Well presented character bar seats 60
• Opportunity to create self-contained restaurant for 25 plus commercial kitchen
• Partly covered quality courtyard seating area for 20
• Great value for money
• Annual rent only £15,000
• Free of tie for wines, spirits and minerals

Property Information

Property:

Leasehold

Lease Terms:

The property is available on the basis of a brand new agreement with Red Oak Taverns.

There will be a tie to Red Oak Taverns for beers, lagers, and ciders, but the site is free of charge for wines, spirits, and minerals.

The annual rent is £15,000.

Location:

The King's Arms is situated at the top of Fore Street in the ancient 12th-century Cornish stannary town of Lostwithiel, said to be one of the most vibrant and lively communities in Cornwall.

The town is ideally located; it is surrounded by breath-taking countryside and close to a number of unspoilt beaches on Cornwall’s south-east coast.

Antique shops and regular fairs have made Lostwithiel the antiques capital of Cornwall, while the wide range of independent shops provides everything from grocery and convenience goods to deli foods and gifts.

Lostwithiel’s calendar is full of highlights such as Lost Fest, Carnival Week, and Dickensian Night, as well as regular markets, vintage fairs, and auctions.