THE PROPERTY
The Royal Oak is a substantial, impressive and attractive character detached thatched inn, which is undoubtedly one of the most photographed inns in England. With origins reputedly dating back to the 12th Century, The Royal Oak is Grade II listed and is presented to an extremely high standard throughout. The inn is renowned for its ambience of character and warmth, retaining much of the original charm and character, within a superior trading environment, which has been significantly improved in recent years with investment by the current tenant. This high-quality destination village inn briefly comprises:- Main Bar (16+), Back Bar & Dining Area (32+), Lounge & Private Dining Room (28+), Breakfast/Function Room (40+), Commercial Catering Kitchen with extensive back up facilities, 10 High Quality Ensuite Letting Bedrooms and a Self-Contained Letting Apartment. The spacious self-contained owner’s accommodation comprises 3 Bedrooms, Lounge, Kitchen/Dining Room, Bathroom and an Office. There is also separate 1 Bedroom self-contained Cottage with an open plan Sitting Room/Kitchen and Bathroom, and a separate Ensuite Double Staff Bedroom. There is a range of useful outbuildings, a large Double Garage, Former Stables and Storerooms which provide valuable and extensive storage space. Externally, the property benefits from Car Parking for around 20 vehicles and a lawned Beer Garden with seating for 40 customers. The Royal Oak is undoubtedly a very special place to live and work, and a viewing is strongly recommended to fully appreciate all that this quintessential thatched English village inn has to offer.
SITUATION
The Royal Oak is a stunning and renowned landmark building standing in the centre of the picturesque and thriving Exmoor National Park village of Winsford, where the River Exe and the Winn Brook meet. The village is considered one of the most sought after within Exmoor and is also an ideal place from which to tour Exmoor’s beauty spots and attractions including the stunning Tarr Steps, Dunkery Beacon and Dunster Castle, which are only a short drive away. Dulverton, 6 miles to the south, has a strong community and provides good day-to-day amenities and facilities. The coastal town of Minehead, 12 miles to the north, provides a variety of additional amenities including secondary schooling. Tiverton. 20 miles to the south, has a mainline railway station with regular services to London Paddington taking under two hours and access to the M5 motorway. The County Market town of Taunton is 23 miles to the east and offers a further wide range of shops and amenities, several highly sought after independent schools, main line to London Paddington and access to the M5 motorway. The dramatic North Somerset and Devon coastlines are also easily accessible with ample opportunity for sailing and some of the best surfing in the country. There are a wealth of activities and outdoor pursuits in the area, including walking, fishing, shooting, cycling and horse riding. The Royal Oak is especially renowned for its popularity as a fine sporting inn, being very busy in the winter months with visiting sporting enthusiasts, ensuring good year-round levels of trade.
THE BUSINESS
The Royal Oak is one of the South West’s most instantly recognisable inns and is a renowned and extremely well-regarded, high-quality business. Exceptionally well presented throughout, this highly successful country village inn exudes character and is equipped ad furnished to an extremely high standard throughout. This is a stunning destination pub restaurant with letting rooms and a flexibility for drinking, dining and function trade. The high standards inherent throughout all areas of the business ensure excellent levels of regular repeat business and word of mouth recommendations. With an enviable reputation and excellent levels of year-round repeat trade, the business attracts customers from around the world. This quintessential thatch English country inn is very much at the centre of the local village community and attracts trade from the surrounding towns and villages as well as further afield, benefitting from day trippers, tourists, and visitors to the area, and benefits from excellent custom and room occupancy from shoot parties in the winter months. trade and has its own website www.theroyaloakexmoor.co.uk which provides further background information. The letting rooms are listed with Booking.com and have been award an exceptional 9.2 (out of 10) by guests. The inn has also received a Travellers Choice Award from Trip Advisor. The business is run by our client (a single working proprietor) with 3 full-time staff (including chefs) and up to 10 part-time/seasonal members of staff. The sale of The Royal Oak represents an excellent opportunity to purchase a well-established and well-regarded stunning character village inn with consistently strong levels of trade, in an extremely desirable area.
TRADING INFORMATION
Accounts for the year ending 31st March 2025 show sales of £692,205 net of VAT. Full detailed accounts can be made available following a formal viewing appointment.
POTENTIAL
The business has year on year growth in trade during our client’s ownership but still offers further potential. There are opportunities to increase the current trading hours and introduce all day opening for both the bar and the food and build upon the excellent levels of trade already established by our client. There are also opportunities for new owners to utilise social media channels to promote the business.
EPC
B – 49.
SERVICES
We are advised that the property is connected to mains drainage, water and electricity. LPG is used for hot water and partial central heating.
INVENTORY
To include all trade furnishings and equipment in accordance with an inventory to be supplied but excluding any owners’ personal effects.
TRANSFER OF A GOING CONCERN
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).
TENURE
The business is held on a full repairing and insuring, FREE OF TIE lease with a term of 20 years, which commenced in August 2018. We are advised that the current rent is £76,257 per annum plus VAT, paid quarterly in advance. Rent reviews are every 5 years. There is a rent deposit equivalent to 3 months’ rent.
