The Quarryman's Rest, Briton Street, Bampton, Tiverton, Devon EX16 9LN

LOCATION

Bampton is an attractive and historic town with a river running through the centre just off the A395, to the north of Tiverton is on the edge of the Exmoor National Park, with access on to the M5 (J27) via the A361. There is one other pub, a fish & chip shop, Cost Cutter store Pizza Takeaway and café and bakery.

DESCRIPTION

This 250-year-old attractive stone built pub sits on the main road at the top of the hill looking down into the historic town.

On the ground floor there is an open plan beamed bar for circa 50 and restaurant with a large log burner.

Up three steps and there is a separate dining/function room for circa 40 with its own bar.

Also there is a commercial kitchen and customer WC's.

On the first floor is a one-bedroom owner's accommodation with its own kitchen and bathroom and separate access.

Also on the first floor are 6 letting rooms, with only 3 currently being let.

Outside is a large beer garden and car park for 8 vehicles.

To the front of the property is a beer terrace for circa 20.

Total Gross Internal Area: 500 sq m (5,382 sq ft).

TENURE

The property is offered for sale on the basis of a freehold investment sale.

Lease Terms: 6 years 11 months
Years Left on Lease: 1 year 11 months
VAT Applicable: No

The property is at present let to an individual with Personal Guarantee for a term of 6 years 11 months from 1st July 2020 at a current rent of £37,000 p.a. and the Lease contains full repairing and insuring covenants.

Rent review on 01.07.23 outstanding

Rateable Value
Current rateable value (1 April 2023 to present) £5,100.