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EX39

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£495,000

Business rates & charges may apply

JD Commercial, Devon
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SECTOR

Pub for sale

Key features

  • Public House within expanding North Devon village
  • For sale after 35 years in the same family ownership
  • Character accommodation throughout including thatched roof, beamed ceilings, exposed stonework fireplaces
  • Lounge bar, restaurant, pool room, skittle alley / function room
  • Beer garden and car park
  • Owners 3 bedroomed adjoining cottage with private garden area
  • Additional one bedroomed flat suitable for Air BnB, letting, further owner's accommodation
  • Character and well maintained accommodation

Description

LOCATION AND SITUATION
The property is situated on the main arterial road through the village close to the village shop and primary school The Towns of Bideford and Great Torrington are both approximately 6 away. The village has approximately 1,200 residents although this has increased in recent years due to new housing developments having been completed and further developments bringing up new housing numbers in the village an additional 200.

THE PROPERTY AND CONSTRUCTION
The 13th Century thatched property offers the type of character patrons hope to find from a village centre Public House, including beamed ceiling, exposed stonework, fireplaces, wood burners etc. Having a main lounge bar, 2 x restaurant areas, former pool room currently additional seating, kitchen and skittle alley / function suite it is the private accommodation that offers considerable scope. The private areas are currently configured as a 3 bedroomed owners cottage adjoining the public house as well as an additional first floor one bedroomed flat, making the business suitable for dual family occupation, having live in staff, dependent relative or additional income from holiday / Air BnB rental. The main owner's cottage had a new kitchen and bathroom fitted in Spring 2020, whilst the thatch roof was compacted and the roof ridge replaced at a similar time. There are outside areas for both the business and private accommodation, with 2 outside seating areas for the public house, one to the front and the other within the beer garden to the side of the property. To the rear of the owner's cottage is a private garden area that was landscaped in Spring 2020. To the rear of the property is a car park which also has freezer storage, owners' workshop and log store.

THE PROPOSAL
Our clients are inviting offers for the Freehold interest.

THE BUSINESS
Having been within the same family ownership for the past 35 years, the business is owner operated by a husband and wife partnership, with one of the partnership front of house and the other operating the kitchen. In addition there is a pool of approximately 5 members of part time staff. Operating hours currently Monday 7-11pm through skittle season, Tuesday - closed, Wednesday-Saturday - 12-3pm food to 2pm and 6-11pm food to 8:30pm, Sunday- 12-6pm food to 3pm. It should be noted that these are reduced hours from our clients previous 7 days per week operation due to their pending retirement. Turnover on these reduced hours has been between £230,000 - £245,000 (which currently includes a 6 week holiday period as well) with turnovers of £350,000 - £360,000 regularly achieved with 7 day opening. It is estimated the wet dry split is approximately 55:45. The premises is host to a number of teams, 5 winter skittles teams, 1 x darts team and hosts a number of quiz nights throughout the year.

THE STOCK
Any current stock to be purchased at valuation upon completion.

LICENCE
The property is sold with the benefit of a Premises Licence.

THE INVENTORY
The property is sold with an inventory of trade fixtures, fittings and equipment.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

THE ACCOMMODATION (comprises)

GROUND FLOOR

MAIN LOUNGE BAR
Entrance door, beamed ceiling, stonework fireplace with recessed wood burner, carpet, table and chair seating for 16, bar stool seating, stonework return bar servery with chiller, glass washer, stainless steel single drainer sink, assorted draft beer / cider pumps

RESTAURANT
Beamed ceiling, stonework fireplace with recessed wood burner, carpet, covers for 14, return bar servery from main lounge bar, doorway to:-

SECOND RESTAURANT
Exposed stonework, fireplace, carpet, electric heating, covers for 18

FURTHER SEATING
Former pool room with further covers for 10

SKITTLE ALLEY / FUNCTION SUITE
Skittle alley and ball return, wooden flooring, dart board

COMMERCIAL KITCHEN
Eye and base units, tiled flooring, 6 burner hob, Blue Seal Turbofan oven, extraction canopy system (installed 2025), griddle, double deep fat fryer, 2 x fridges, microwave, water boiler, dishwasher, upgraded fire alarm system (2025)

UTILITY ROOM
Plumbing for washing machine

LADIES TOILETS
2 x low level w.c's, 2 x wash hand basins, non slip flooring, down lighters

GENTS TOILETS
3 x urinals, low level w.c., wash hand basin, non slip flooring, down lighters

DISABILITY FRIENDLY TOILET

CELLAR
Assorted cooling equipment, pumps, lines etc

OUTSIDE
To the front of the property is a paved area with picnic bench seating for approximately 24, with further outdoor seating within the side beer garden with is predominately laid to lawn with many established trees and shrubs. There is also a children's activity frame. To the rear of the property is a private car park, as well as freezer / fridge store, owners garage / workshop and log store.

PRIVATE ACCOMMODATION

There are two entrances to the private accommodation, one from street level, providing a self contained entrance, the second from within the main building

GROUND FLOOR ENTRANCE FROM STREET LEVEL
Covered entrance porch

DINING ROOM
17`8 x 11`6 (5.40m x 3.50m) Beamed ceiling, carpet, radiator heating

LOUNGE
17`5 x 11`6 (5.30m x 3.50m) Exposed stonework fireplace with feature former bread oven, wood burner, carpet, radiator heating

KITCHEN - Fitted Spring 2020
13`9 x 10`2 (4.20m x 3.10m) Tiled floor, eye and base units, stainless steel single drainer sink, 4 burner gas oven, breakfast bar, beamed ceiling

4 PIECE WETROOM - Fitted Spring 2020
13`9 x 6`3 (4.20m x 1.90m)

FIRST FLOOR

BEDROOM 1
15`5 x 9`6 (4.70m x 2.90m) Carpet, radiator heating, wardrobe

BEDROOM 2
12`6 x 9`10 (3.80m x 3.00m) Carpet, radiator heating

BEDROOM 3
12`6 x 9`6 (3.80m x 2.90m) Carpet, radiator heating, with potential to interlink to flat

OWNERS FLAT - FIRST FLOOR

LOUNGE
14`9 x 12`9 (4.50m x 3.90m) Carpet, radiator heating

BEDROOM
12`2 x 9`10 (3.70m x 3.00m) Radiator heating, wardrobe

3 PIECE BATHROOM
7`10 x 5`11 (2.40m x 1.80m)

KITCHEN
10`10 x 9`6 (3.30m x 2.90m) Base units, sink unit and drainer

OUTSIDE
To the rear of the owner cottage is a private garden area that was landscaped in Spring 2020.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.


IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients' properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: / E-MAIL:

Brochures

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chapleton Station10.5 miles

About JD Commercial, Devon

42 Ridgeway Drive, Westward Ho, EX39 1TW

Having experience in Commercial Estate Agency since 1996, the company JD Commercial is headed up by James Doble who during his time in the Commercial market has established the importance of service in achieving successful results.

Whether it is the sale of a Leisure Property such as a Hotel or Tea Room to a private buyer, or the letting of a High Street Retail Unit to a plc, the importance of communication between all parties involved in the transaction is key. This is all brought together through JD Commercial. After all, once a purchaser is found this is often where the hard work begins.

Having the understanding that not only a purchaser's solicitor will be instructed at the point of sale, but often a Surveyor / Valuer, Bank Manager and Accountant means that we have the understanding of what is required from each party. Knowing exactly at what stage a transaction is means unnecessary costs and time delays can be avoided, as well as both vendor and purchaser experiencing a smooth transaction.

Being 100% dedicated to the Commercial Property market we do not split our time between Commercial and Residential property and as such all of our time and marketing is aimed at the Commercial sector. With our wealth of experience we have certainly noticed a change, over the years, of the ways and formats of achieving interest in property and can offer traditional or more contemporary solutions on how to market a property.

We deal with all types of Business Premises and Commercial Property throughout Devon, Cornwall and Somerset, of which they can generally be split into two sectors:- Hospitality Trade / Business Transfer and Commercial Business Property.

Hospitality Trade and Business Transfer:

Hotels / Guest Houses / Guest Accommodation and Bed & Breakfast

Public Houses / Inns, free of tie and tied

Self Catering Complexes / Camping and Caravan Sites

Catering Trade from Tea Rooms to Sandwich Bars

Business Transfer, lock up or with accommodation, such as Post Offices and Convenience Stores

Commercial Business Premises:

Retail Units

Industrial Premises

Office Accommodation

Investment Property

Development Land

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1716. 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 JD Commercial, Devon. 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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