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SOLD: The Cornish Arms, Pendoggett, Cornwall

SOLD: The Cornish Arms, Pendoggett, Cornwall - 3rd July 2019

ATTRACTIVE CHARACTER 16TH CENTURY VILLAGE INN SITUATED CLOSE TO PICTURESQUE PORT ISAAC AND THE STUNNING NORTH CORNWALL COASTLINE

THE CORNISH ARMS, PENDOGGETT, ST KEW, BODMIN, CORNWALL, PL30 3HH

Stonesmith are delighted to have sold The Cornish Arms, a substantial and deceptively spacious character Cornish village inn. With origins reputedly dating back to the 16th century, the sale represented an exceptional opportunity to acquire one of Cornwall’s foremost licensed premises boasting an impressive turnover, but still offering much potential throughout.

The Cornish Arms is presented to a high standard having been the subject of a comprehensive programme of improvement by our clients over the last 2 years. The inn is renowned for its ambience, retaining much of the original charm and character within a spacious trading environment. The inn briefly comprises of a three bar areas, a coffee room and main dining room. There is a fully equipped Commercial Catering Kitchen along with 7 quality en suite Letting Bedrooms and 2 Double Bedroom Owners Accommodation.

The Cornish Arms occupies a prominent and visible trading position in the centre of the popular and accessible Cornish village of Pendoggett, designated an Area of Outstanding Natural Beauty. The North Cornish coastline is around 2.5 miles away at Port Isaac, a historic fishing port famed for its picturesque fisherman’s cottages and narrow streets. The village itself has been the stage for various film and television series, most notable being Doc Martin.

The business trades as a traditional country village inn offering an extensive home cooked traditional pub food menu, using local produce, where possible. The business enjoys a healthy mix of food and wet trade together with impressive accommodation revenue. The Cornish Arms is very much at the centre of the local community and the business also benefits from an influx of tourists, holiday makers and walkers year-round, with a significant increase in the numbers to the area during the busy summer months.

Mike Phillips, Director of selling agents Stonesmith, commented: “We are delighted to announce the sale of the renowned Cornish Arms in Pendoggett. The sale of this quality freehouse generated significant levels of interest with a sale being agreed within two weeks of the pub coming to the market. The new owners are local operators Adrian and Sandra Bresnan, and we wish them every success with their latest venture.”

The Cornish Arms was sold for an undisclosed figure off an asking price of £95,000 for the valuable free of tie leasehold interest. Full details of all properties Stonesmith currently have on the market are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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