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One Of The Most Iconic Freehouse In Devon For Lease

Dartmoor National Park, Devon, UK
Asking Price:
£695,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£500K - £1M
Net Profit:
Available on request

THE PROPERTY
The Plume of Feathers is a substantial Grade II listed character moorland village inn which is Princetown's oldest building, built in circa 1795, a couple of decades before Dartmoor prison. The property occupies a prominent landmark trading position in the centre of Princetown and has all the necessary attributes for a successful multifaceted business with Four Interconnecting Character Bar and Dining Areas (80+), separate Restaurant/Function Room (90+), extensive and well equipped Commercial Kitchen with Extensive Backup Facilities, New Bunk House (sleeps 18) with Communal Kitchen/Dining Room, Old Bunk House (sleeps 20) with Communal Kitchen and Dining Room, Owner's 2/3 Bedroom Private Apartment with Lounge, Kitchen and 3 Further Rooms providing additional Owner's/Staff Accommodation. The property stands in approximately 19 acres which incorporate various Fields and Paddocks with outbuildings including a Stable Block, extensive Car Parking Areas (100+), Camping Field (75 tents), Touring Field (10 motorhomes), Extensive Patio and Lawned Trade Seating Areas providing Alfresco Seating for 90+ customers. The Plume of Feathers is a highly regarded and well-presented iconic moorland inn, and a viewing is strongly recommended.

INTERNAL DETAILS
Customer entrance doors to the front and rear of the property. Main Bar a traditional character room with part flag stone and part carpeted flooring, heavily beamed ceilings, exposed stone walls, feature fireplace with inset wood burning stove, wall mounted menu boards, further fire place with inset gas effect wood burner, range of free standing tables and chairs comfortably seating 24 customers. Main Bar Servery fitted with a range of backbar fittings, display shelving and optics with Altro flooring, two double glass fronted bottle fridges, two single glass fronted bottle fridges, EPOS computerised till system with printer link to the kitchen, stainless steel sink, glass washer and a stainless steel handbasin. Snug Bar a traditional character room with carpeted flooring, heavily beamed ceilings, part exposed stone walls, fireplace, freestanding tables and chairs comfortably seating 20 customers. Bar Servery (shared with the main bar). Darts Room with carpeted flooring, darts oche area, exposed ceiling timbers, range of free standing tables, chairs and upholstered perimeter seating comfortably seating 20 customers. Dining Area another character room with carpeted flooring, heavily beamed ceilings, wall timbers, settle seating and slate topped tables comfortably seating 20 customers. Beer Cellar temperature controlled on the ground floor with real ale racking, ice machine and door to rear. Dry Goods Store on the first floor with racked shelving, chest freezer, upright fridge and a spirit's store cupboard. Ladies WC's. Commercial Catering Kitchen with Altro flooring, part wipe clean clad and part stainless steel lined walls. Being fitted with an extensive range of commercial catering equipment to include; extractor system with stainless steel canopy over and gas interlock system, six burner gas range, chargrill, twin deep fat fryers, stainless steel work benches stainless steel wall shelving, three door commercial fridge unit with saladette over, two door commercial fridge unit, three microwave ovens, Rational combi oven, fridge freezer, stainless steel sink unit, stainless steel handbasin, warming cabinet with bain marie and plate warmer and hot water still. Refrigeration Room with double upright commercial fridge and a Walk In Fridge. Wash Up Area with Altro flooring, part tiled walls, commercial pass through dishwasher, deep bowl stainless steel wink unit, glass washer and under counter fridge. Restaurant/Function Room a versatile multipurpose spacious room with carpeted flooring, portable carvery units to one side, dance floor and raised stage areas, exposed ceiling timbers, part exposed stone and part wood panelled walls, feature fire place with inset wood burning stove, extensive freestanding tables and chairs comfortably seating 90+ customers, 3 sets of French doors leading out to the Outside Patio Area. Bar Servery with slate floor surround, fitted with a range of back bar fittings including display shelving and optics with Altro flooring, double glass fronted bottle fridge, single glass fronted bottle fridge and EPOS computerised till system with printer link to the kitchen. Ladies, Gents & Disabled WC's

LETTING ACCOMMODATION
New Bunk House on the first floor to sleep 18 guests arranged as Four Rooms with twin bunk beds sleeping 4 in each room, and a Twin Bedroom sleeping 2. Communal Kitchen and Dining Area with fitted kitchen units and complementary work surfaces, together with a Seating Area. Toilet and Shower Facilities. Adjacent to the main inn is a detached stone building known as the Old Bunk House which has been imaginatively converted to provide ground floor Ladies and Gents Shower Rooms and Toilets for campers and bunk house guests and on the first floor two 10 Bed Dormitory Rooms sleeping 20 guests and a Communal Kitchen and Dining Room fitted with a range of kitchen units and complementary worksurfaces, together with a Seating Area.

OWNERS AND STAFF ACCOMMODATION
Situated within the main inn on the second floor is the owner's private apartment which currently comprises open plan Sitting Room with dual aspect and moorland views, Kitchen, 2 Double Bedrooms, Bathroom and Large Office/3rd Double Bedroom. On the first floor are 3 Double Bedrooms which are ideal for use as additional owner's accommodation or for staff accommodation with a Shower Room and Separate WC.

EXTERNAL DETAILS
The grounds extend to around 19 Acres and incorporate Extensive Customer Car Parking for 100+ vehicles, with space for coaches, an attractive trade Patio Terrace directly to the rear of the inn providing alfresco seating for 60+ customers, further enclosed Beer Garden Area with alfresco seating for 30+ customers, Main Camping Field which is licensed for 75 tents, Little Paddock which is licensed for 10 motorhomes. Beyond this are further Fields and Paddocks, one with a Stable Block. From the front of the Old Bunk House there is separate access to Various Useful Stores and Outbuildings, Campers Washup Area, Chemical Disposal Point, Bottle Store, Garage and a Log Store.

THE BUSINESS
The Plume of Feathers is a renowned, landmark, moorland freehouse with an impressive reputation and following. This well-established multifaceted business offers many revenue streams with traditional wet and dry pub and restaurant trade, together with functions trade, bunk house accommodation, the type of which is extremely popular with people undertaking outdoor pursuits on the moor, extensive camping and touring pitches - being the only approved campsite on the high moor. Numerous groups and societies the Plume of Feathers which enhances the strong regular locals, tourist and destination trade, year-round. The Plume of Feathers is also used as a base for many schools, universities, adventure and outdoor pursuits businesses, and the military, for the numerous activities and exercises that take place on Dartmoor throughout the year. The business has been owned by the current owners for 17 years and has been run under management in recent years and is now being offered for sale due to ill health. The sale of the Plume of Feathers represents an excellent opportunity to purchase an iconic, renowned and most impressive Dartmoor freehouse in a unique tourist and leisure destination area. Currently closed, there is tremendous potential to kick start a previously extremely successful business opportunity, which is presented in "turnkey" order throughout. The sale of the Plume of Feathers represents a first-class opportunity to purchase a versatile and well-regarded moorland inn and a very special place to live and work. A formal viewing is essential in order to fully appreciate this substantial multi-faceted business.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

As with the majority of business premises within Dartmoor National Park, the Plume of Feathers is held on a valuable Duchy of Cornwall protected lease, for a term of 65 years from March 1988, at a current rent of £30,000 per annum, free of tie, fully repairing and insuring, and the next review being in March 2023.

Leasehold Rent:

£30,000 per annum

Living Accommodation:

Owner's 2/3 Bedroom Private Apartment with Lounge, Kitchen and 3 Further Rooms providing additional Owner's/Staff Accommodation.

Location:

The Plume of Feathers is situated in a prominent and prime trading position, opposite the flagship Dartmoor National Park Visitor Centre, in the heart of the famous and historic moorland village of Princetown. Dartmoor prison also a major tourist attraction is located in the village, which has over the years become one of the most visited tourist haunts in Devon, being particularly popular with coach tours and proven to be a valuable stop off point for lunches, refreshments and sightseeing. Princetown is situated on the B3212 Yelverton to Exeter road, at the junction with the B3357 Ashburton to Tavistock road, with the major South Devon city of Plymouth some 12 miles to the south. Princetown is surrounded by the rugged beauty of Dartmoor, which attracts over 6 million visitors each year. Princetown is an ideal centre for touring and also has its own well established community supporting a number of businesses and its own primary school. It is probably most famous for Dartmoor Prison with its high boundary walls circling some 30 acres of buildings. The area is a magnet for day trippers, tourists and outdoor pursuits enthusiasts throughout the year.

Business Operation

Reasons for selling:

Sale due to ill health

Years established:
225

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