Sought After Location Free Of Tie Village Pub For Sale

Business description

Detached free of tie village and destination freehouse set in 1½ acres of grounds with spacious 4 double bedroom owners accommodation in a sought after location.

The Inn is a substantial detached freehouse with origins reputedly dating back to 1650. The property, which backs onto the River Avon, is located on the outskirts of the much sought after village of Avonwick, being situated in the heart of the South Hams countryside. Avonwick is situated within the Parish of North Huish, with a population of around 360 people and enjoys easy access to the A38 main road within 1½ miles and is approximately 5 miles from the town of Ivybridge, 7 miles from the ancient market town of Totnes, 18 miles from the city of Plymouth and 35 miles from the city of Exeter. The village also lies on the southern edge of Dartmoor National Park in an Area of Outstanding Natural Beauty.

This is a substantial detached building of predominantly stone construction with rendered and painted elevations under pitched tiled roofs. Well presented throughout, the property retains much of the original charm and character and briefly comprises:- Main Bar (20+), Restaurant (36), well equipped Commercial Catering Kitchen and spacious 4 Double Bedroom Owners Accommodation with letting potential (subject to the necessary planning consents). Externally, the property is set in approximately 1.5 acres of grounds backing onto the River Avon and incorporates car parking for 40+ vehicles, large lawned Beer Garden with seating for 60 customers, Orchard, small Paddock, Vegetable Garden and a range of useful Outbuildings.

Property information

Property:

Leasehold

Lease terms:

The property is held on a 21 year free of tie lease from June 2002
Current rent of £22,000 pa. Next review is due in 2013.

Leasehold rent:

£22,000 per annum

Living accommodation:

Spacious 4 Double Bedroom Accommodation Potential for Letting Accommodation

Location:

Village on southern edge of Dartmoor National Park and in
an Area of Outstanding Natural Beauty

Premises details:

Detached free of tie village pub set in 1.5 acres of ground in sought after location