The Countryman Inn at Langdon Cross, Launceston has revised guide price
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Written by Richard Gilbert
Monday, 31 March 2008
 Miller Commercial of Truro are marketing The Countryman Inn at Langdon Cross, Nr. Launceston, off a reduced guide price of £129,950 SAV. The most beautifully appointed hostelry stands alongside the B3254, linking the border town of Launceston with Cornwall’s north coast at the resort of Bude.

The Countryman is a substantial, thatched, public house and it offers a main bar area, adjoining lounge bar, an attractive 34 cover restaurant, with a further 48 cover functions room. Outside, the premises provide a trade patio garden, a children’s play area and ample parking. The first floor offers 5 guest letting rooms, together with the owners’ private accommodation, which benefits from 3 bedrooms.

The business is being made available by assignment of the existing Punch Taverns plc lease, for a term of 10 years from March 2006, at a current passing rental of £52,000 p.a.x.

The business trades strongly and retains considerable goodwill in the adjacent rural community. Recent annual sales are quoted as being in excess of £415,000 with the wet/dry trading split being 60/40.

Richard Gilbert of Miller Commercials Hotel, Licensed & Leisure Dept reports, ‘The Countryman Inn ticks all the boxes as to what a classic country pub should look like and offer. It trades well, yet the availability of the 5 letting bedrooms has not been fully exploited so far in trading. The current guide price is highly realistic in the present market and I feel at this figure it should generate good interest’.

FOR FULL DETAILS CONTACT RICHARD GILBERT AT MILLER COMMERCIAL TRURO ON 01872 247027.