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Freehold Freehouse With Accommodation For Sale

Barnstaple, Devon, UK
Asking Price:
£225,000
Turnover:
Not applicable
Net Profit:
Not applicable

£225,000 + VAT

This Grade II Listed building offers extensive space with a ground floor of around 800 sq ft plus cloakrooms. Upstairs is a self-contained 4 bedroom owner’s apartment. To the side is a small yard and access to a cottage beyond which is approached via Church Walk. This Cottage which is owned by our clients is available separately for an asking price of £150,000.

Webbers Commercial are acting for the freehold owner and we are not selling the property as a going concern. However for many years it has been a popular public house with a licence and as a good live music venue. The pub could continue or a buyer may revert to residential or some other commercial use subject to obtaining planning permission for change of use. The property is currently run by an operator other than the freehold owner. Buyers should satisfy for themselves the liability of any existing staff. TUPE stands for the Transfer of Undertakings (Protection of Employment) Regulations and its purpose is to protect employees if the business in which they are employed changes hands. Its effect is to move employees and any liabilities associated with them from the old employer to the new employer by operation of law.

Property Information

Property:

Freehold

Living Accommodation:

4 Bedroom Owners Accommodation

Location:

In a popular town centre location close to the famous Butchers Row in the heart of the historic market town of Barnstaple. The Queens Theatre is nearby as is the Pannier Indoor Market and the bus station is within level walking distance. There is a bus stop directly outside of the pub and on one side is a busy fish and chip restaurant/takeaway. All High Street amenities are close by. Barnstaple is the main commercial centre of North Devon having a population of around 35,000 inhabitants. There are good road links via the North Devon Link Road to junction 27 of the M5 motorway and rail links via the Tarka regional line to Exeter.

Contact Information

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