Sidney Phillips has been instructed to market for sale the Pendarves Arms in the Cornwall town of Camborne.
Camborne is within easy reach of the Cornwall coastline and the long sandy beaches of Towans and Hayle. The town has a population of over 21,000 people. Camborne formerly had a rich history in mining of tin and copper which brought great prosperity in the 18th and 19th century. In recent times Camborne is benefitting from a regeneration initiative which is encouraging new businesses to the area.
The Pendarves Arms occupies a prominent roadside location on the A3047 which is one of the main approach roads into Camborne when leaving the A38 Camborne bypass. The property stands mid-terraced built of local stone under a slate roof in an area of mature residential housing. The premises is believed to have been a public house since 1754. It benefits from a traditional bar and snug, pool room and four bedroom owners accommodation.
In the hands of the present owners since 2012 the Pendarves Arms has been a popular free house with a strong sports following, particularly from darts, pool and Euchre teams. The business also shows BT Sports and has a particular interest with rugby followers. The business is structured to be able to be run by a two-person team and consequently is profitable.
The freehold interest of the Pendarves Arms is available off an asking price of £330,000.
For further information about this pub for sale, other businesses for sale or how to buy a business please call Sidney Phillips on 01752 234180, or email DevonCornwall@sidneyphillips.co.uk.
(June 2022)