Closed substantial character village pub, in 2 acres, sold on behalf of Enterprise Inns by Stonesmith.
Occupying a prominent trading position and operated as a tied trade business for Enterprise Inns, Stonesmith of Exeter have sold The Butchers Arms at St Ive, Nr Liskeard in Cornwall.
The Butchers Arms sits on the outskirts of Liskeard and Callington and traded as a public house until January 2014.
A substantial Grade II Listed building, in need of total renovation, it provided a main bar, lounge bar, kitchen and family sized private living accommodation with 5 bedrooms, a lounge, kitchen/breakfast room and bathroom. The property is set in over 2 acres and incorporated a trade garden with children’s play area, trade terrace, extensive car park, private lawned gardens and 2 adjoining paddocks with outbuildings and barns.
With a great deal of interest for this pub company disposal, the sale offered prospective new owners the opportunity to reinstate the pub or to consider an alternative use.
Mike Phillips, Director of selling agents Stonesmith commented “After significant interest, a sale was agreed and a deal concluded within two months of the property coming to the market. It shows continued demand for well priced freehold pubs in the South West and also demonstrates that buyers are still in the market for the right opportunity.”
The freehold sold off an asking price of £275,000. Properties for sale can be viewed on Stonesmith’s website www.stonesmith.co.uk and Mike Phillips can be contacted on 01392 201262