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Public House (freehouse) & Restaurant For Sale

Talaton, Devon, UK
Asking Price:
£650,000
Turnover:
£300,000
Net Profit:
Available on request

Village public house (freehouse) & restaurant, situated within desirable East Devon, occupying prominent village centre trading position within lovely countryside setting, enjoying far reaching views. Easily accessible, close major road networks (A30 & M5), with Exeter and the coast only a short drive away, other attractions nearby.

Huge site and very large detached property (not listed), currently configured to provide main open plan bar and restaurant area with scope for up to 70 covers, additional function room/skittle alley able to accommodate up to 40 persons, commercial kitchen, waitress area, level cellar, storage and customer cloakrooms. Spacious accommodation above comprising 3 apartments, apartment 1 offering kitchen, sitting/dining room, 2 double bedrooms and bathroom, apartment 2 also offering kitchen, sitting/dining room, 2 double bedrooms and bathroom, apartment 3 currently providing sitting room, bedroom, office and shower room.

Benefiting from versatile outside space, particularly large car park offering a potential development opportunity subject to obtaining necessary planning consents, private gardens, mainly laid to lawn but with pond and storage sheds, owner's roof patio area enjoying countryside view, viewing recommended to appreciate size of property and overall site.

Popular well-known business, under current ownership some 20 years, offering easily prepared affordable menu, enjoying strong support from local resident community. Operated by family at a level to suit their lifestyle, only trading a 4½ day week, easily manageable, minimal staff assistance, trading below the VAT threshold, ample scope to develop trade and return to previous levels whereby takings were approaching £300,000, taking advantage of the size of the property.

Freehold £650,000 sav Ref: V/R35484N

Property Information

Property:

Freehold

Living Accommodation:

Accommodation Included.

Contact Everett Masson & Furby

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