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3193 - Pub Restaurant and Letting Rooms in Penhallow Cornwall For Sale, Preferred Commercial

3193 - Pub Restaurant and Letting Rooms in Penhallow Cornwall For Sale, Preferred Commercial

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Business Details


Pub Restaurant and Letting Rooms in Penhallow Cornwall For Sale

Penhallow, Cornwall, England

Advert Ref: 3193

Business Description


Preferred Commercial is delighted to offer for sale this thriving public house and restaurant with letting rooms, which was established in the 1930s and which has been in our client's careful hands since 2001. The pub 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 £807,000 per annum with a gross profit of 64%. The White House Inn offers an extensive range of real ales, fine wine and spirits, along with traditional pub carvery and 12 en-suite letting rooms. The turnover could be further increased by embarking on a modest marketing campaign to promote the business further. There is scope to host events and functions, such as birthdays, weddings and live music. The business has an excellent reputation and a loyal customer base, enjoying much repeat trade and word of mouth recommendations. There is a website in place advertising the business and services provided with online booking facilities. The premises are well-equipped to suit the trade and boast a spacious bar area and commercial kitchen. The property also boasts 3-bedroom owners' accommodation and 9-self-contained flats, 6 of which are let out to generate additional income. This is an ideal opportunity to acquire an already busy public house with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.


Business Status

Price Reduction

Property

Freehold

Location


The White House Inn occupies substantial 2-storey detached premises, ideally located in a prominent trading position on the busy A3075 in the hamlet of Penhallow near Truro, Cornwall. The premises benefit from ample private parking and are surrounded by picturesque countryside. Perranporth is just a short drive away and possesses a wealth of complementary shops, business, amenities and attractions. There are a number of caravan parks and camping sites nearby and numerous beaches within driving distance. The area is popular with tourists, day trippers and surfers all year round and is a desirable place in which to live. Newquay lies 7 miles to the north, while Redruth is 8 miles to the south with Truro approximately 6 miles away.


Premises Details


Substantial detached 2-storey public house premises with 12-letting rooms, 3-bedroom owners' accommodation and 9 further flats. Briefly comprising: Ground Floor • Main bar area with wooden shaped bar servery, 2 x drink chillers, feature fireplace and tables and chairs for up to 100 covers • Restaurant area with tables and chairs for up to 75 covers, triple carvery unit and a waitress station • Games area with pool table and access to children's indoor play area • Children' indoor play area • Commercial kitchen • Preparation and wash room • Office • Storeroom with walk-in-refrigerator and walk-in-freezer • Ladies and gents WCs with wash hand basins • Beer cellar First Floor • Owners' flat with 3 x bedrooms, 2 x bathrooms, kitchen, lounge and diner • Second flat with 2 x bedrooms, lounge, kitchen and bathroom • 2 x bedsits Apartments • 6 x self-contained apartments 2-storey lodge • 12 x en-suite letting rooms External • Parking for up to 100 vehicles • Patio garden with 21 x 6-seater benches • Large water fountain • Smoking shelter • Crazy golf course • Circuit race track for electric buggies


Trading Hours

Mon - Thurs: 11:00am to 12:00am Fri - Sat: 11:00am to 1:00am Sun: 12:00pm to 11:00pm