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Traditional 18th Century Former Cornish Coaching Inn In Launceston For Tenancy For Sale

Launceston, Cornwall, UK
Asking Price:
£5,000
Turnover:
Available on request
Net Profit:
Available on request

• Traditional 18th century former Cornish coaching inn
• Close to all attractions of Devon & Cornwall including Dartmoor National Park
• Very well presented throughout with many original features
• Bar trading areas/games area for 115
• Two-floor restaurant/function room seats 250
• Well-equipped commercial kitchen
• Three-bedroom private accommodation plus separate flat
• Excellent outdoor trading space plus large car park

Property Information

Property:

Tenancy

Tenancy Terms:

The White Horse Inn is available on the basis of a 5-year (TAW initially) agreement with Red Oak Taverns.

Part Tied – free-of-tie for Wines, Spirits & Minerals. Tied to BIB Minerals.

Annual rent is quoted at £35,000. Stepped Rent in month 1 to aid business start-up.

Location:

Launceston is a town in Cornwall. It is 1 mile (1.6 km) west of the middle stage of the River Tamar, which constitutes almost the entire border between Cornwall and Devon.

The A388 runs through the town close to the centre where the property is situated. The town remains figuratively the "gateway to Cornwall", due to having the A30, one of the two dual carriageways into the county, pass directly next to the town. The other dual carriageway, and alternative main point of entry, is the A38 at Saltash over the Tamar Bridge. There are smaller points of entry to Cornwall on minor roads.

The town is home to Launceston Steam Railway, a narrow-gauge heritage railway that runs as a tourist attraction during the summer months and is popular with visitors, as well as Launceston Castle. Dartmoor National Park is 27 minutes (14.1 miles) via A388.

There is a mainline railway station and plenty of local and national bus routes linking the town with the rest of the country.

Formerly a coaching inn our subject property has a prominent roadside position and is a short walk from the busy town centre.