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Free Of Tie Pub In Dartmoor National Park For Lease

Dartmoor National Park, Devon, UK
Asking Price:
£60,000
Turnover:
Available on request
Net Profit:
Available on request

A beautifully located public house situated on the south-western side of the Dartmoor National Park boasting glorious views over the Plym Valley from the trade garden.

Description
The White Thorn is a traditional public house that has recently undergone a sympathetic regeneration and repair programme and is now very well presented throughout.

The business has the enviable benefit of a large carpark together with well laid out decked area and traditional beer garden. The pub also boasts a useful paddock area to tie up your trusty steed whilst taking refreshment.

The building has seen a complete refocusing in the recent times and now offers a comfortable traditional public house providing a varied and tasty menu, and as a freehouse, a drinks selection to appeal to all tastes.

Business
For further details please refer to the brochure.

Accommodation
Ground Floor Main Entrance Single Bar area with central bar servery dining and lounge areas
Ladies and Gents WCs (newly installed)
Commercial Kitchen and Wash Up – Door to Rear Beer cellar and store with door to carpark
First Floor
Private accommodation briefly comprising of: Kitchen, Lounge/Dining Room, 3 Bedrooms, office/bedroom 4, Bathroom WC
Outside
Trade garden and car park area
N.B. The property benefits from a new combi boiler.

Rateable Value
From 1st April 2023 : £13,250

Residential Council Tax Band: B

Local Authority: South Hams District Council
N.B. Partial small business relief available to qualifying parties.

Lease
The property is available by way of an assignment of an existing lease expiring in 2029.

Rent
£24,000 per annum + VAT payable quarterly in advance.
The landlords granted concessional rental terms to the vendors in lieu of the refurbishment programme which they are willing to continue. Further details available upon request.

Price
Offers Invited in the Region of £60,000 for the Lease, Goodwill, Fixtures + Fittings + SAV

Services
Mains electricity and water, drainage to septic tank. LPG bulk tank.

VAT
The property is elected to VAT and as with HMRC protocol 90% of the rent is subject to VAT with 10% allocated to the residential flat not subject to VAT

Viewing
Strictly by prior appointment with Waycotts

Property Information

Property:

Leasehold

Leasehold Type:
Existing

Other Information

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