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Riverside Coaching Inn on the Edge of Exmoor Tenancy Available

Buckfastleigh, Devon, UK
Asking Price:
£15,000
Turnover:
Undisclosed
Net Profit:
Undisclosed
  • Riverside coaching Inn on the edge of Exmoor
  • Sales of £550,000 net of VAT with great scope
  • With eight en-suite letting rooms
  • Only two minutes from the busy A38
  • Restaurant and bar seat over 70 with period features
  • Owners flat with three bedrooms & office
  • Outside areas for 110 and car park for around 30 vehicles
  • In the historic Devonshire village of Buckfastleigh
  • Camping nearby on-site – tents and caravans

Property Information

Property:

Tenancy

Tenancy Terms:

The business is available on the basis of a brand new tenancy agreement with St Austell Brewery. The five year tenancy is protected by the Landlord & Tenant Act (therefore fully renewable) and tenants can give 6 months’ notice at any time during the agreement.

There will be a wet tie to St Austell Brewery for wet sales products.

Annual rent is circa £30,000.

Location:

Buckfastleigh is a market town in Devon, situated beside the Devon Expressway (A38) at the edge of the Dartmoor National Park. It is 18 miles (29 km) east-northeast of Plymouth, 20 miles (32 km) southwest of Exeter. It is a centre of tourism and is home to Buckfast Abbey and South Devon Railway.

Our subject property is situated on the main road into Buckfastleigh, 2 minutes from the A38.

This beloved establishment traces its roots back to the 19th Century when it first opened its doors to locals and travellers, originally serving as a coaching inn.