Freehold Bar & Development Opportunity located In St Austell. Comes with five bedroom accommodation. Offered with vacant possession.
Veritas Business Sales are delighted to offer for sale this popular three storey, grade II listed Bar which is located in St Austell. The property has been a watering hole for over 200 years and has been in the hands of our client for the past 2 years and they are now offering the site for sale to concentrate on other interests.
The business is owner operated and has an annual turnover of £110,000 net of vat with a GP of circa (50%). The Stag Inn is a busy locals pub which is currently 100% wet led and now being offered with vacant possession.
This is a superb opportunity for an existing licensed operator to increase turnover by implement food sales or alternatively it may be of interest to investors, builders or developers. With this in mind early viewing is highly recommended as this is not to be missed.