The Royal Oak
Lostwithiel, Cornwall
The Royal Oak is a superb pub based in the picturesque and medieval town of Lostwithiel that benefits from not only a wide catchment area surrounding the area but a high influx of tourists to the area as well. An asset to the town, the pub boasts large trading areas, two restaurant areas accommodating 60 covers and 5 ensuite letting bedrooms with scope to develop more.
This multi-faceted business is also about to receive a £50,000 investment and refurbishment to redecorate both the internal and external areas to the pub. With a beautiful beer garden, a catering kitchen suitable for providing a quality traditional menu and scope to re-establish the site as a more upmarket or destination food pub, now is the ideal time to invest in this business.
Available immediately on a 10 Year Lease, the Royal Oak has Ingoings of approximately £49,500, with an Annual Rent of £45,160. Estimated earnings based on an average operator are £47,088.
The site offers a vast array of opportunities with a multitude of income streams and represents an excellent business prospect. The pub would suit an experienced operator who can maximise all aspects of this business to their full potential. To find out more about this and all other opportunities in the South West, contact Sandi on 0844 848 3269 or visit our website www.punchpubs.co.uk