Overview
Description
Opportunities such as these are rare to the market: an award winning brewery, freehouse with accommodation and the opportunity to expand the business.
The Star Inn has been recognised since 2000 by CAMRA and present in the Good Beer Guide since 2002 where it has remained for the last 23 years. On the premises there’s a small set of barns which in 2008 saw the beginning of Penzance Brewing Company being formed and this has gone on to successfully provide 20% of the revenue through the Star Inn itself and the remaining 80% of the revenue servicing approximately 15 pubs in the local area.
Penzance Brewing Company’s beers have been listed in the CAMRA Good Beer Guide since 2010 and has a strong following with a plethora of CAMRA awards at Cornwall, South West and National level.
The accommodation comprises a large freehouse with numerous seating areas, bar, cellar, cold store, kitchen and WCs.
To the first floor there is a 4 bed, kitchen and 1 reception accommodation which is currently let to the brewer and his partner with spare rooms for staying family. This could easily be reconfigured as owners’ accommodation as a whole, or with some letting rooms as historically was the case.
The brewery comprises the barns to the rear.
The two businesses, Star Inn (Crowlas) Ltd and Penzance Brewing Company Ltd have combined adjusted net profit in the region of £100,000. Full profit and loss accounts are available following a conversation with ourselves.
The businesses will ideally be sold together, however there is the opportunity to purchase the brewery separately if desired. The Star Inn is a purely wet led pub and temporarily closed at the end of February. Each business will be sold with all fixtures and fittings included and an inventory can be provided prior to sale.
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