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News Release

Exeter

Jones Lang LaSalle completes sale of Swan Inn in Truro


Exeter, 12 October 2012 - Jones Lang LaSalle has announced the sale of the Swan Inn, Bosvigo Road, Truro. The property has been sold off offers in excess of £240,000 to a local purchaser who is looking at options to develop the site into residential dwellings.
 
Michael Easton, Associate Director at Jones Lang LaSalle commented: “This is the third pub sale in the city for us after we previously worked with clients to sell Il Gato Nero on Richmond Hill and The Famous Old Globe on Frances Street. 
 
"We have always seen strong levels of interest in the sites we have offered in Truro and are pleased to see this latest disposal through to completion. Purchasers are seeing value in the pub market at present and despite the difficult market conditions, we are seeing consistent sale levels during the course of the year much like 2011.”
 
The site was jointly marketed by Stratton Creber commercial in Truro.