Coaching Inn Group takes Cornwall site for £8m
The internationally-renowned Jamaica Inn pub has been bought by the Coaching Inn Group.
The internationally-renowned Jamaica Inn pub has been bought by the Coaching Inn Group, which has purchased the property from operator Allen Jackson off a guide price of £8m.
Daphne du Maurier’s best-selling novel 'Jamaica Inn' gave the Cornwall pub its international fame. The 18th century, 36-bedroom coaching inn was also once owned by the thriller writer Alistair McLean.
Property adviser Knight Frank completed the sale of the pub, which joins the a growing Coaching Inn Group portfolio after the Kevin Charity-led business was bought by the RedCat Pub Company at the beginning of the year.
Under Jackson’s eight-year ownership, the property received substantial investment and evolved into a thriving private leisure business with multiple income streams. It generated circa £4m revenue in its most recent financial year.
The Jamaica Inn was originally constructed around 1750 and consists of a restaurant, bar, farm shop and gift shop, as well as two museums dedicated to the history of smuggling and du Maurier.