Stunning Coastal Thatched Village Inn For Sale

Property Information

Property:

Freehold

Lease Terms:

The pub is held freehold. The land containing the sewage treatment plant is held on a separate long lease from Torbay Council.

The vendors require an overage provision for 25 years. If consent is obtained for alternative uses, the vendors will receive 50% of any uplift in value above the existing-use value at the point of consent.

The property is VAT registered (opted), and VAT is applicable to the freehold sale price. The particulars state that this will be reclaimable in the usual way.

Living Accommodation:

A detached, contemporary two-bedroom bungalow is situated within the grounds and provides separate private accommodation with sea views.

Accommodation comprises an open living room and fully fitted domestic kitchen with double doors to a patio, double bedroom, family bathroom and master bedroom with en-suite and doors to the patio.

The bungalow also benefits from a private garden in an elevated position with extensive coastal views, vegetable patch and greenhouse.

The business premises additionally contain two first-floor en-suite letting bedrooms. These are guest accommodation and are separate from the owner’s/private accommodation field.

Location:

The Thatched Tavern is situated at the foot of a valley in Maidencombe, a small coastal hamlet on the outskirts of Torquay.

Maidencombe Beach and the coastal footpath are a few hundred yards from the inn. Torquay harbour and town centre are approximately three miles away, with Shaldon and Teignmouth approximately five miles in the opposite direction.

The location provides a substantial catchment extending across Torbay, Shaldon, Teignmouth, Totnes and Newton Abbot and beyond towards Exeter and Plymouth.

Premises Details:

Detached Grade II Listed period property beneath a thatched roof, which was rethatched in 2023. Parts of the property are believed to date from the 15th century, with later sympathetic extensions providing substantial restaurant and kitchen accommodation.

The main bar wraps around a focal timber-topped and painted-panel bar servery and features exposed ceiling beams, oak flooring, exposed stone fireplace with cast-iron wood burner and French doors opening to the trade garden. The bar servery includes bottle chillers, electronic cash registers, bespoke tiled back-bar fittings and beer fonts including a brass font with four hand pulls.

The lower-ground-floor bar has exposed stone walls, timber ceiling beams, oak flooring and a substantial stone fireplace with cast-iron wood burner and interconnects with a traditionally presented snug.

Further ground-floor facilities include ladies’ and gents’ cloakrooms, utility room with side access, and a temperature-controlled beer cellar.

The upper-ground-floor restaurant is a substantial, well-presented room with windows running the length of the garden elevation and French doors providing direct garden access. An adjoining holding area has non-slip flooring, condiment shelving and coffee-making servery, together with two sets of French doors to the beer garden.

The commercial kitchen was completely refitted and newly equipped with an extensive commercial inventory in 2019. It benefits from full extraction, non-slip flooring, tiled walls and in/out swing doors to the restaurant. Additional facilities include a dry store, wash-up area, staff WC and storage area.

The first floor provides two double letting bedrooms. Room 1 is dual aspect with an en-suite bathroom and shower over the bath. Room 2 overlooks the garden and has an en-suite bathroom with shower and built-in wardrobe. There is also a spacious landing with airing cupboard and bookshelves.

The substantial landscaped trade garden is arranged over several levels, with a variety of individual trading areas and sea views from the upper section.

The raised garden bar was constructed in 2021 and occupies an elevated position with sea views. It comprises a timber structure with covered section, extended terrace trading area, bar servery and food preparation area with a Clementi authentic pizza oven capable of producing six pizzas at a time.

A separate outside laundry room is provided.

Maidencombe car park is situated less than 100 yards from the pub and is rented from the Coast & Countryside Trust. It operates as pay-and-display parking, with parking charges capable of being offset for paying customers when purchasing meals or drinks.

The property is connected to mains gas, water and electricity. Drainage is via a private sewage treatment plant.

Planning Consent:

An overage clause applies should consent for alternative uses subsequently be obtained, with the vendors requiring 50% of any uplift in value above the existing-use value at the point of consent for a period of 25 years.

Energy Performance Rating:

C

Business Operation

Expansion Potential:

The property is currently closed and offers the opportunity for a new operator to relaunch the established pub, restaurant and accommodation facilities. The extensive internal trading areas, two en-suite letting rooms and substantial multi-level trade garden with a dedicated garden bar and pizza oven provide considerable flexibility for the future operation.

Any alternative use or redevelopment would be subject to the necessary consent and the stated overage provisions.