Busy Public House In Liskeard Cornwall For Sale

Business description

Preferred Commercial is delighted to offer for sale this busy public house, which has been in our client's careful hands since 2003 and which is only now being offered to the market due to a change in our client's circumstances. The business trades 7 days a week and generates a turnover in the region of £320,000 per annum with a gross profit of 50%. The White Horse offers an extensive range of alcohol, including real ales, fines wines and spirits, along with traditional pub food. The business also operates an outside catering service, offering sandwiches and buffets. We feel the turnover could be further increased by extending the range of food available and perhaps by embarking on a modest marketing campaign. There is also scope to expand on the outside catering side of the business and establish a website. Our client has gained an enviable reputation and is renowned for providing quality food and service. The premises boast a spacious bar area, commercial kitchen and games room. There is self-contained 4-bedroom owners' accommodation to the first floor, with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already busy public house with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 21 years
Remaining: 13 years
Review: every 5 years
Rent: £36,000 per annum

Leasehold rent:

£36,000 per annum

Location:

The White Horse occupies substantial 2-storey mid-parade premises, ideally located in the heart of the market town of Liskeard, Cornwall. The town centre's main parking facilities are to the rear and there is a range of amenities in the vicinity. The pub is surrounded by a variety of complementary shops and businesses, enjoying a high footfall and much passing trade. There is a densely populated residential area, surrounding the business. The town is well-served by public transport with numerous bus stops and a railway station within walking distance. The premises are easily accessed via the A-road network, including the A38 and the A390. Liskeard is a rural market town, surrounded by picturesque countryside, the town is popular with day trippers and walkers alike. The town is also a highly desirable place in which to live and work. St Austell is approximately 16 miles to south west, while Plymouth lies approximately 20 miles away.

Premises details:

Substantial 2-storey mid-parade public house premises with self-contained 4-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Bar area with a range of seating, bar servery, 2 x glass fronted chillers and electronic cash register
• Games room with pool table and door to beer garden
• Beer cellar with line cleaner and ice machine
• Ladies and gents WCs with wash hand basins
• Commercial kitchen with a range of units, fryer, 4 x microwave ovens, 2 x refrigerators and 2 x freezers
• Storeroom with 3 x freezers
• Second storeroom

First Floor
• Lounge with feature fireplace
• Kitchen
• Bedroom/office
• 3 x double bedrooms
• Bathroom

External
• Large beer garden with raised patio area
• Bottle store
• Balcony for owners' accommodation

Business Operation

Trading hours:

Mon - Sat: 10:30am to 12:00am
Sun: 12:00pm to 12:00am