| Town centre pub with b&b potential in west Cornwall |
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| Written by Richard Gilbert | |
| Monday, 18 February 2008 | |
 Miller Commercial are marketing the leasehold interest in The Plough Inn, College St, Camborne, off a revised asking price of £64,950 SAV. Richard Gilbert of the Truro based commercial agency comments, ‘At the revised guide price this business now represents excellent value for money for a couple seeking a licensed trade opportunity in Cornwall’.The thriving town-centre public house provides a large main bar area and servery, 35-cover restaurant and a pool table area. On the first floor, the accommodation offered is particularly spacious, with a private lounge and 6 bedrooms. Outside, there is a large courtyard, various storage buildings, cellar and a recently created under-cover smoking area. The Plough Inn is being made available with the remainder of a Punch Taverns lease for a term of 10 years commencing 2001, with a current passing rental of £38,844 per annum exclusive. The public house shows recent annual sales turnover in the region of £167,000. It is located on one of the main thoroughfares of this historic West Cornwall town, which has seen considerable economic regeneration over recent years. It borders on a densely populated part of the town and should continue to do well. Richard Gilbert continues, ‘This public house is favoured by having a number of bedrooms available for B&B activity in an industrial area, where visiting workers seek temporary accommodation’. FOR FULL DETAILS CONTACT RICHARD GILBERT AT MILLER COMMERCIAL TRURO ON 01872 247027 |
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