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EX14

£495,000

Business rates & charges may apply

Sidney Phillips Limited, South West
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: Sui Generis

sui_generis_3

Key features

  • In village close to major holiday route
  • Beamed bars and restaurant (80)
  • Five bedroom flat
  • Exceptional mature gardens (100+)
  • Large car park (25+)
  • Scope to improve trade further
  • Historic planning to convert barn into three letting units
  • SELLER REF 94644

Description

The Flintlock Inn is a well known country village free house which is predominately catering driven. It occupies a central position in Marsh, a village which runs parallel to the A303 London to West Country trunk road. Marsh lies in rich countryside on the edge of the Somerset/East Devon border, midway between Ilminster and Honiton, and enjoys panoramic views across the Yarty Valley.

The cathedral city of Exeter and junction 29 of the M5 motorway are less than 30 minutes' away by car and the area has benefitted from a new dual carriageway section linking Honiton to Exeter.

The Flintlock Inn occupies a detached, two-storey property with rendered elevations under a pitched tile roof.

The Flintlock Inn has been in our clients' ownership since February 2019. Historically, the business had an excellent reputation for food with gross weekly takings of £5,000.

Our clients currently run the business on a more casual basis, trading below the VAT threshold. There is great local support, with a trading split of 60% food to 40% wet. The business hosts quiz nights, Sunday lunches and an occasional wedding or private event.

Our clients only open on Friday evenings and Sunday lunchtimes, hence there is plenty of scope for a hands-on operator to re-establish this destination free house by opening seven days a week, and by exploring the historic planning permission in order to create a more passive income stream from letting accommodation.

FREEHOLD £495,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

EX14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Axminster Station8.1 miles

About Sidney Phillips Limited, South West

Shepherds Meadow, Eaton Bishop, HR2 9UA

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

Notes

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Disclaimer - Property reference 94644. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sidney Phillips Limited, South West. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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