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The Royal Oak, Lostwithiel, Cornwall - SOLD

The Royal Oak, Lostwithiel, Cornwall - SOLD - 3rd February 2016

Stunning Character Cornish Inn with 6 En-Suite Letting Rooms

The deceptively spacious character Cornish Inn with impressive turnover has been sold by licensed leisure property specialists, Stonesmith of Exeter.
Having bought the leasehold interest in 2014, Graham Tobias and Simon Elliot, who have a wealth of licensed experience and previously ran busy London pubs, have now well and truly made their mark and have recently purchased the freehold of The Royal Oak in a deal brokered by Stonesmith. The business trades as a traditional pub serving good quality locally sourced and freshly prepared food together with great ales and weekly live music.
With many excellent reviews and a TripAdvisor Certificate of Excellence, 95% recommendations on Toprooms.com, this popular and well patronised business is presented in first class order throughout and retains much of the original charm and character including flagstone flooring, open fireplaces, exposed stone walls, beamed ceilings etc. The stunning property briefly comprises:- Tap Bar (34 plus standing room), Lounge Bar & Restaurant Areas (66), an extremely well equipped Catering Kitchen with Ancillary Facilities, 6 high quality En-Suite Letting Bedrooms and an Owners 2 Bedroom Cottage with Sitting Room, Kitchen and Bathroom. Externally, the property benefits from a Customer Car Park for 17 vehicles with a flagstone front terrace offering seating for 12 customers and a further raised flagstone Patio Beer Garden providing further al fresco seating for around 48 customers.

Situated in the centre of the picturesque and historic town of Lostwithiel, originally a port and the capital of Cornwall, Lostwithiel is today a bustling town and one of the most sought after small towns in Cornwall. Nearby is the historic Restormel Castle as well as Lostwithiel Golf and Country Club and the town also benefits from a mainline rail link to London Paddington. Lostwithiel has a year round population of circa 3,000 which of course is greatly expanded during the peak summer months. The town is an ideal base for exploring the beautiful Fowey Estuary as well as the coves and beaches along the South Cornish coast and surrounding countryside. The world renowned Eden Project is within 6 miles and the National Trustís Lanhydrock Estate is within 4 miles. The area is a magnet for daytrippers and tourists throughout the year.

The freehold interest has been sold by Stonesmith off an undisclosed price. Full details of all our current businesses are available to view on our website www.stonesmith.co.uk and if you are thinking of selling or would like professional advice, Stonesmith can be contacted in confidence on 01392 201262 for

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