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Popular Free-Of-Tie Village Pub For Lease

Braunton, Devon, UK
Asking Price:
£49,950
Turnover:
£285,000
Net Profit:
Undisclosed

Well-established free-of-tie village pub generating turnover in excess of £285,000 excluding VAT per annum, with a substantial beer garden, large function room and spacious three-bedroom owner’s accommodation.

The Mariners Arms is a popular wet-led public house with a loyal local following and an established reputation in Braunton. The deceptively spacious premises include two traditional bars, a substantial function room accommodating up to 90 with removable skittle alley and separate bar, an equipped commercial kitchen, beer cellar and extensive ancillary facilities. The pub supports several local skittles and darts teams, while TNT and Sky Sports provide an additional draw for customers.

Situated just off the centre of Braunton in a densely populated residential area, the business benefits from established local trade together with year-round visitors to North Devon. Braunton is within easy reach of the popular coastal destinations of Saunton Sands and Croyde Bay, while the A361 provides convenient access to Barnstaple and the wider region.

The business is currently run under management and operates predominantly as a wet-led pub. Food is not currently offered despite the premises having an equipped commercial kitchen, providing a clear opportunity for an incoming operator to introduce a food offering and develop additional sales. The substantial sunny beer garden and large function room also provide valuable trading areas for events and functions.

The pub has been operated by the current lessees for over 17 years and is currently run by a manager with two part-time members of staff. Viewing is highly recommended and can be arranged by prior appointment with the Sole Selling Agents, Bettesworths.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

20-year Full Repairing and Insuring Wellington Pub Company lease effective from October 2019. The lease benefits from Security of Tenure and is Free of Tie.

Furnishings and equipment are included as per an inventory to be supplied, excluding the owners’ personal effects.
Stock: Wet and dry stock in trade and bar glassware will be taken over by the purchaser at valuation on completion.

Business Rates / Rateable Value: 2026 List: £13,750. This is the Rateable Value and not the amount of rates payable. Interested parties are advised to make their own enquiries with the Local Billing Authority.

Council Tax: Band B

Leasehold Rent:

£26,700 per annum per annum

Living Accommodation:

Spacious first-floor owner’s accommodation comprising one double bedroom, two single bedrooms, living room, galley kitchen and airing cupboard.

Location:

The Mariners Arms is situated just off the centre of Braunton, one of England’s largest villages and a popular North Devon destination close to Saunton Sands and Croyde Bay.

The pub occupies a position within a densely populated residential area and benefits from a strong local community together with year-round visitor trade. Braunton offers a range of independent shops, cafés, pubs, schools and other amenities.

The A361 provides direct access to Barnstaple, with onward connections towards Exeter and the M5. Barnstaple also provides the nearest railway station via the Tarka Line.

Premises Details:

The Mariners Arms is a deceptively substantial public house offering two traditional bars, a large function room, commercial kitchen and extensive ancillary facilities, together with spacious first-floor owner’s accommodation and a substantial rear beer garden.

An entrance porch leads into the main bar, a spacious L-shaped trading area with a centrally positioned brick-built and timber-topped corner bar servery. The room provides seating at traditional pub tables, chairs and bar stools, with exposed ceiling beams, a wall-mounted dartboard, three wall-mounted televisions, jukebox and fruit machine.

The separate sports bar includes a centrally positioned pool table, traditional pub seating, exposed ceiling beams and a central fireplace with electric cast-iron burner. Its bar servery is shared with the main bar.

To the rear is a substantial single-storey function room accommodating up to 90 people, with its own separate bar, removable skittle alley, two wall-mounted dartboards, two wall-mounted televisions and dance floor area.

Additional ground-floor accommodation includes a rear lobby, ladies’ and gents’ cloakrooms, baby-changing facilities, spirit store, storage area with office, wash-up area and a temperature-controlled beer cellar.

The commercial kitchen has tiled walls and flooring and is fully equipped, although it is not currently used. There is also a walk-in fridge, which is currently unused.

The first floor provides spacious owner’s accommodation comprising one double bedroom, two single bedrooms, living room, galley kitchen and airing cupboard.

Externally, a major feature is the substantial beer garden with a sunny aspect. It is arranged as two lawned sections together with a further patio area and smoking shelter. There is also a private enclosed area with garden shed.

Energy Performance Rating:
D

Business Operation

Expansion Potential:

The pub currently operates as a wet-led business and does not offer food, despite having a fully equipped commercial kitchen. Introducing a food offering provides a clear opportunity to broaden the customer base and increase sales. The substantial beer garden and function room also provide established facilities for events and functions.

Employees:
Manager plus two part-time staff.
Years established:
Over 17 Years Under Current Owners