Mixed licensed & leisure business near bude, north Cornwall
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Written by Russell Weetch
Thursday, 31 January 2008
 Miller Commercial of Truro are offering The Red Post Inn at Launcells, Bude, North Cornwall, off a revised freehold guide price of £895,000. The interesting mixed business stands prominently at the junction of the A372 Bude to Holsworthy road, with the B3254 Kilkampton to Launceston road.

At the junction stands an unusual directional road sign painted in red, from which the public house is appropriately named.

The business is set in 2.5 acres [approx] and offers a public house, which has been fashioned from a former stable block and provides a 40 cover restaurant. In addition, there has been the more recent development of a fish & chip takeaway. On the leisure side of the business is the holiday park, providing 37 touring pitches and 12 static caravan pitches. This includes a recent increase of 6 static pitches. To conclude details of the extensive business premises is a 2 bedroomed letting bungalow. The owners’ private property is made up of a charming and attractive 16th century Grade 11 Listed thatched cottage offering well proportioned accommodation.

This business has been evolving and developing in turnover over recent years and being so close to the marvellous beaches at Bude it does demonstrate a seasonal trading influence. Sales for the year to March 2006 show at £110,000 with a reconstituted net profit in the region of £25,000.

Russell Weetch, Head of Hotels, Licensed & Leisure at Miller Commercial comments, ‘The Red Post Inn represents an outstanding opportunity to acquire a well presented business and live in a fine, character, thatched home’.

FOR FULL DETAILS CONTACT RUSSELL WEETCH AT MILLER COMMERCIAL TRURO ON 01872 247005.