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Delightful Village Inn, Currently Closed In Kingsteignton For Sale

Kingsteignton, Devon, UK
Asking Price:
£250,000
Turnover:
Available on request
Net Profit:
Available on request

An attractive two storey terrace property, with painted and rendered elevations under a pitched slate roof. The property has been extended at ground floor level to the rear and has a courtyard style beer garden and partially converted barn to the back of the site.

Offers in excess of £250,000 + VAT.

Property Information

Property:

Freehold

Location:

Kingsteignton is a large village, situated on the northern edge of Newton Abbot, in South Devon. Reputed to be one of the largest villages in the UK, Kingsteignton was founded in the early 8th century as the centre of a vast Saxton estate, between Teignmouth and Manaton. Situated on the eastern edge of the Bovey basin clay pit, the village has grown over the last two centuries prospering on the opportunities of the clay mine. Kingsteignton is home to two high achieving primary schools and an excellent community college. In addition, there is a large hotel, two national supermarkets, a thriving industrial area and many local services.

The Drewdrop Inn lies within a heavily populated residential area, with all amenities close by. The Dewdrop Inn also has immediate access to the A380 South Devon to Exeter link road, which in turn links to the M5.

The village lies at the head of the Teign Estuary and is approximately 5 miles west of Teignmouth and 9 miles north of Torquay and the beautiful South Devon coastline. Dartmoor National Park is less than a 15-minute drive away.

Premises Details:

The premises comprises:-

Main entrance door
Leading to:-

Open plan trading area
Traditionally decorated, spacious trading area with curved central bar servery with back bar fittings behind. Pool Table (not owned) to the rear, wall mounted darts board, 2 x wall mounted TVs, carpeted and decorated with an array of traditional pub 'bric and bac' and framed historical prints.

Door through to:-

Bottle store
Formerly operated as an off license with door to outside.

Dry store

cloakrooms

gents
With 2 urinals, 2 wash hand basins, 1 WC, tiled floor and walls.

Ladies
2 WC's, 2 wash hand basins in vanity units and carpeted.

First floor

spacious owner's flat
Accessed via central staircase leading to:-

Double bedroom

family bathroom
With WC, wash hand basin and bath.

Further double bedroom

living room

third double bedroom

separate wc

landing
With built in cupboards.

Domestic kitchen
With fitted units and access to flat roof balcony.

Outside
Courtyard patio area used as outside trading space which is partially covered with smoking shelter.

Barn
Two storey former barn, which has been partially converted at ground floor providing:-

Bin storage

store

temperature controlled ground floor beer cellar

Outside steps up to:-

First floor
Currently used as storage.

General information

the business
The Dewdrop Inn is currently closed, following the sad passing of the former tenant, who had been in occupation for several decades.

The Dewdrop Inn has been an extremely popular 'locals pub' serving the immediate vicinity and the wider Kingsteignton community.

The availability of the Dewdrop Inn presents a great opportunity to buy a reasonably priced freehold business, which is a ‘turn key’ operation. Whilst the premises could benefit from a little updating in places, the pub has always been a firm favourite with locals and regulars who are waiting to return!

Rateable value
2017 List: £9,300. Please note this is not Rates Payable. 100% Small Business Rate Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority.

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

Energy Performance Rating:
D

Other Information

Related Documents:

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