The Royal Oak | Greenwith Hl
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The Royal Oak Greenwith Hl
2,500 SF 100% Leased Retail Building Truro TR3 7PX $1,007,605 ($403/SF)
Investment Highlights
- Central village freehouse restaurant on prominent roadside location close to Truro and Falmouth
- Extensive outside trading areas to the rear and front of house
- Car parking for 30+ cars
- Traditional style bar restaurant areas for 35+ covers
- Owners’ quality 3-bedroom accommodation
Executive Summary
Offers in the region of £795,000 for the freehold interest to include goodwill, fixtures and fittings plus stock at valuation.
The Royal Oak comprises a detached 18th/19th Century, two-storey stone and cobb construction under a pitched slate roof with many later additions and adjacent car parking. The ground floor comprises open-plan bar restaurant area with adjacent dining area off, kitchen and wc facilities. Owners’ three-bedroom accommodation is at first floor level.
The Royal Oak has been owned and managed by our clients for over 10 years, during which time have built an enviable freehouse restaurant, trading in this ideal location in the centre of the village of Perranwell. The Royal Oak has only come to the market due to the vendors’ desire to pursue other business interests.
The Royal Oak trades as a quality freehouse restaurant which is open all day, seven days a week throughout the year. The business enjoys an exceptional and excellent loyal, local following throughout the year with a boost from the many visitors to the area during seasonal months.
The Royal Oak comprises a detached 18th/19th Century, two-storey stone and cobb construction under a pitched slate roof with many later additions and adjacent car parking. The ground floor comprises open-plan bar restaurant area with adjacent dining area off, kitchen and wc facilities. Owners’ three-bedroom accommodation is at first floor level.
The Royal Oak has been owned and managed by our clients for over 10 years, during which time have built an enviable freehouse restaurant, trading in this ideal location in the centre of the village of Perranwell. The Royal Oak has only come to the market due to the vendors’ desire to pursue other business interests.
The Royal Oak trades as a quality freehouse restaurant which is open all day, seven days a week throughout the year. The business enjoys an exceptional and excellent loyal, local following throughout the year with a boost from the many visitors to the area during seasonal months.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
B
Year Built
1800
Price
$1,007,605
Price Per SF
$403
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.17
Land Acres
0.33 AC
Frontage
45 FT on Perranwell Station
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-
Jeremy Beeching -
Scott Burridge Commercial LLP
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The Royal Oak | Greenwith Hl
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