Summary - 18 WEST STREET TAVISTOCK PL19 8AN
1 bed 1 bath Pub
**Standout Features:**
- **Turnover:** £309,657 with an adjusted net profit of £77,162 (y/e July 2024)
- **Capacity:** Licensed for 300 guests; predominantly wet sales.
- **Size:** Generous 1,275 sq ft across four floors.
- **Location:** Prime spot on West Street in Tavistock, a historic market town.
- **Condition:** Reasonable, with an opportunity for renovation and expansion.
- **Outdoor Space:** Includes two terraces and a trade garden.
Jack Chams Pub, a rare find after 20 years on the market, offers a tremendous business opportunity in the heart of Tavistock, PL19 8AN. This spacious, four-floor Victorian commercial property features a well-established bar and lounge with capacity for 300, making it perfect for lively gatherings. The interior boasts two separate bar areas, a pool table, and a vibrant nightclub atmosphere on the lower level. Excellent fast broadband and mobile signal enhance its appeal for modern patrons.
While the pub is in reasonable condition, the granite walls may require insulation updates. Future owners can capitalize on the existing customer base or diversify by introducing a food menu to accompany sports broadcasts, tapping into local demand. With a garden area and raised decking, there’s ample space for outdoor enjoyment, inviting a family-friendly atmosphere or making it a desirable drinking spot.
Set in a renowned town filled with rich history and community spirit, this property also benefits from good access to amenities and reputable schools nearby, catering well to families and investors alike. With a competitive price of £350,000 and potential to enhance profitability, this is a rare opportunity not to be missed!
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