CORNWALL – TOWN HISTORIC 15TH CENTURY REAL ALE FREE HOUSE

Tower Street, Launceston, Cornwall, PL15 8BQ

Ref: 46905

Asking Price £315,000 Freehold

Key Features

  • Centre of historic market town
  • Recently restored 15th Century Inn
  • Noted for cask ales
  • Two character bars
  • Enclosed courtyard
  • Three bedroom flat
  • Location

    The Bell Inn is a Grade II listed public house, of 15th Century origins occupying a prime central position in the historic town of Launceston. The Bell Inn is believed to have been constructed as part of the accommodation for stonemasons who built the nearby Church of St Mary Magdalene the clock tower of which stands almost opposite. The Bell Inn has been restored by the present owners with the property featuring some fine character features including arched granite doorways and chamfered granite window frames.

    Launceston is an ancient Cornish town with a rich history and a population of over 9,000. A centre piece of the town is Launceston Castle which dates to Norman times. The centre of Launceston includes a variety of national and local retailers all of which are a few minutes’ walk from the Bell Inn.

    Property

    TRADE AREAS
    GROUND FLOOR
    Entrance with porch from Tower Street in the MAIN BAR which has an oak floor, two adjoining fireplaces one for wood storage and the other having a wood burning stove. Overhead timber beams, timber framed wall panelling and a fine mellow wood constructed bar servery counter with canopy over and back bar display feature. There is a seating capacity for over 30 with settles, upholstered bar stools and dark wood tables. Lower-level LOUNGE BAR with fitted carpeting, dado panelling and a variety of furniture with seating for approximately 30.
    Staircase to a lower level where there are tiled LADIES AND GENTLEMENS TOILETS. Refrigerated BEER STORE and BOTTLE STORE.

    FIRST FLOOR
    KITCHEN with stairless steel extractor hood. Proprietors OFFICE.

    OWNERS ACCOMMODATION
    SECOND FLOOR
    Three BEDROOMS all being double sized. BATHROOM with over bath shower.

    EXTERNAL
    Enclosed COURTYARD with direct access from Tower Street. This is attractively displayed with a paved base, steel fire escape and furniture of posier tables and ornamental tractor seat stools.

    The Business

    In the present ownership since 2014, since when the premises has been sympathetically improved and upgraded and are now well known for its range of cask ales with up to six real ale pumps on offer and two traditional ciders. The business is featured in the CAMRA guide. This is a wet sales business with food restricted to pies and pasties. Prior to COVID the business had a turnover in the region of £155,000 per annum. This level of turnover has been re-established post COVID.

    Tenure

    FREEHOLD £315,000 to include goodwill, fixtures and fittings. Stock at valuation in addition. 

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full premises licence is held from 11:00 to 00:00 seven days a week.

    Services

    All main services are connected.

    Local Authority: Cornwall Council, County Hall, Treyew Road, Truro TR1 3AY
    Telephone: 0300 1234 100

    Rateable Value: £11,750