Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Character Grade Ii Listed Sixteen Century Coaching Inn For Lease

Great Torrington, Devon, UK
Asking Price:
On request
Turnover:
Not applicable
Net Profit:
Not applicable

An attractive, traditional coaching inn, reputed to date from the 16th century, situated in the heart of the historic town of Great Torrington. The Black Horse has a white double gabled frontage complete with leaded windows in black timber frames. The Inn is believed to have been the headquarters of the royalist leader Lord Hopton and after his defeat at the battle of Torrington in 1646, the parliamentarian Thomas Fairfax during the English Civil War. Internally, the Inn is a superb example of an ‘olde worlde’ Inn with a wealth of exposed beams and timberwork, part cobbled floors, open fires and exposed stonework. Recently closed but previously popular with the locals and visitors to the town, the Black Horse represents a fantastic opportunity for a prospective lessee to acquire a great town centre pub.

NIL INGOING

Property Information

Property:

Leasehold

Leasehold Type:
New
Location:

Great Torrington, referred to as Torrington, is a friendly, welcoming town, set in the midst of rolling, unspoilt green countryside. An ancient settlement extraordinarily sited on an inland cliff top with steep drops down to the River Torridge below. This impressive situation offers spectacular views. Situated some 6 miles south of the north Devon coastal town of Bideford and the popular sandy beaches of the area, Great Torrington is a vibrant community.

Premises Details:

The accommodation briefly comprises:-

Wooden door to:-

ENTRANCE PORCH
With glazed doors to:-

ENTRANCE HALL
With partly cobbled floor.

MAIN BAR
Leaded window to the front. Fully carpeted, cast iron wood burner, beamed ceilings, partly panelled walls. Timber BAR SERVERY with brass rail.

BASEMENT CELLAR
With ‘drop’ hatch from road.

LOUNGE BAR
Providing up to 20 Covers. Open fire with brick surround, fully carpeted, partly panelled walls, beamed ceiling.

RESTAURANT
Arranged over 2 levels with up to 26 covers on the lower level and 36 covers on the upper level. Stone inglenook fireplace on the lower level and natural stone fireplace (not used) with cast iron log burner on the upper level. Beamed ceilings, fully carpeted.

SEPARATE BAR
At the top of the restaurant with timber topped servery, tea and coffee preparation area. Door to:-

LADIES & GENTS CLOAKROOMS

COMMERCIAL KITCHEN
Non-slip flooring, full stainless steel extraction system. Walk in fridge, walk in freezer.

Door to:-

STORAGE ROOM

STAFF WC

BOTTLE STORE

STORAGE ROOM
Stairs from Ground to:-

FIRST FLOOR LETTING ACCOMMODATION

BEDROOM 1
Family room (formerly arranged with double and single bed). En-suite with bath, pedestal wash hand basin and WC.

BEDROOM 2
Double room. Wash hand basin and En-suite with WC and bath.

BEDROOM 3
Twin/double room. En-suite with pedestal wash hand basin, bath and WC.

OWNERS ACCOMMODATION

LIVING ROOM
With high ceiling and open fire with brick surround.

2 DOUBLE BEDROOMS

2 SINGLE BEDROOMS

FAMILY BATHROOM
With bath, pedestal wash hand basin.

SEPARATE WC

Stairs to the:-

SECOND FLOOR

DOUBLE BEDROOM

OFFICE

OUTSIDE
To the rear there is a paved and gravelled private garden with pond, raised flower beds and walls surrounding. OUTSIDE STORAGE SHED.

GENERAL INFORMATION

RATEABLE VALUE
£30,500. Council Tax Band B. For information, we advise you to contact the Local Authority, Torridge District Council.

TENURE
We are advised that the premises will be offered on a new Free of Tie lease from the Wellington Pub Company for a term of 20 years with index-linked annual rent reviews together with open market rent review every five years, full repairing and insuring covenants and at a rent to be agreed with the landlords. A deposit will be required equivalent to three months rent plus VAT. Guide Rent of £45,000 per annum.

Applicants will be required to provide detailed background information and a business plan to be approved by the lessors. A personal licence is also necessary. References and a credit check will also be applied for.

SERVICES
We are informed that all mains services are connected.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

STOCK
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

Energy Performance Rating:
C

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Bettesworths. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here