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Classic English Country Inn In Bampton For Lease

Bampton, Devon, UK
Asking Price:
£99,950
Turnover:
Available on request
Net Profit:
Available on request

A substantial 3 storey end of terrace building with white washed stone elevations under a pitched slate roof. The pub exudes character with a rustic main bar area and has the benefit of 3 beautifully presented en-suite letting rooms with a well-appointed owners flat on the first floor. The business also benefits from a sun terrace on the first floor and a restaurant/private dining room.

Property Information

Property:

Leasehold

Location:

Bampton is a historic charter town lying in mid Devon close to the Somerset border and on the edge of the Exmoor National Park. Bampton is ideally situated in rural Devon at the centre of an area with much to do and explore, and is an attractive and popular town. The whole of the centre of the town is a conservation area and there are almost 100 listed buildings in the parish. The town has a wide range of local amenities and history dating back to Roman times. Bampton is situated approximately 6 miles north of Tiverton and 19 miles north of Exeter, and is only a 15 drive from the M5 motorway.

Premises Details:

The premises comprises:-

Entrance porch
Leading to:-

Main trading area
A well-appointed, character room with stripped oak wood flooring with circa 40 covers. Focal and centrally positioned oak topped and fronted bar servery. 2 fireplaces with cast iron log burners and exposed ceiling beams with seating at rustic timber tables with upholstered chairs. The bar servery has bespoke back fittings with glass washer, bottle fridge, point of sale, electronic tills, ice machine and espresso coffee machine.

Ladies, gents & disabled wc

Commercial kitchen
Fully equipped with an impressive range of catering inventory.

Ground floor beer cellar
Temperature controlled with further storage.

First floor dining room
A stunning room with vaulted ceiling, exposed beams and oak flooring providing circa 20 covers for over-spill or private dining.

Sun terrace
Accessed via the first floor. A lovely ‘suntrap’ outside seating area with circa 12 covers at cast iron outdoor furniture.

Private living accommodation
Situated at first floor, comprising:-

Lounge

Kitchen

2 x Double
En-suite bedrooms.

Family bathroom

Further double bedroom
Currently used as an office.

Second floor
3 en-suite letting rooms all presented to a very high standard with the benefit of WiFi, flat screen TV's and coffee machines.

Room 1
Double en-suite with shower.

Room 2
Twin en-suite with bath.

Room 3
Double with en-suite bath.

Under eaves storage

General information

Rateable valueable
2017 List - £23,000. Please note this is not rates payable. For further information, we advise you contact the local billing authority, Mid Devon District Council.

Business
The Swan is a very successful English country inn reputed to be the oldest pub in Bampton. The inn has achieved many great accolades over recent years including 2 AA Rosettes for culinary excellence. In 2017, 18 and 19 The Swan was named as Estrella Damns top 50 gastro pubs int he UK and also been named by the AA as the national Inn of the Year for 2019/20. While the inn is very well known for its food the trade is split circa 50/50 between food and wet sales. The Swan appeals to a wide range of customers and still retains a proper pub feel rather than that of a restaurant. The ever changing menu ranges from classic pub dishes to more elaborate plates depending on the season. The chefs use the availability of local produce whenever possible and the daily menu is updated weekly. Sunday lunch is always popular at the Swan and the private dining room is often used for special occasions and functions. The Swan takes great pride in their well-kept ales, sourcing many Westcountry beers to compliment the wide selection of wines and spirits on offer. The Swan stocks over 35 different gins including 2 local ones. The 3 letting rooms are a very useful addition to the business and consistently receive top reviews online. These spacious rooms have been totally renovated and provide a perfect spot for a weekend getaway to the country or a business stopover. Rooms include full English breakfast with a tariff ranging from £105 - £120 per room, per night.

The Swan is run by the owner and his wife at ‘arm’s length’ distance together with a team of 3 in the kitchen supported by a compliment of part time and casual staff.

The Swan is a particularly successful inn located in a very desirable Devon town. The sale provides a rather unique opportunity for a budding publican to build on the already successful platform established by the current owners. A viewing of this special country inn is highly recommended.

Tenure - leasehold
We have been informed that the property is held on a private 'free of tie', renewable lease with full repairing and insuring obligations. There are 12 years unexpired at a current rent of £35,000 per annum.

Transfer of a going concern (TOGC)
The sale of the property includes the goodwill of the business and trade inventory and will be subject to Transfer of Undertakings (Protection of Employment) regulations (TUPE).

Services
We have been informed the premises are connected to all mains services.

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

Energy Performance Rating:
E

Other Information

Related Documents:

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