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Traditional Village Coaching Inn For Lease

Umberleigh, Devon, UK
Asking Price:
£30,000
Turnover:
£50K - £100K
Net Profit:
Available on request

This is a traditional village public house providing a bar on the ground floor and a through hallway to the games room/ dining area. To the rear are ladies and gents cloakrooms and a well-equipped commercial kitchen.

The private quarters are approached from a through hallway with stairs to the first floor where there is a 2/3 bedroom owners apartment.

The property benefits from part gas-fired central heating and is now for sale fully equipped as a going concern.

The property has a garage to the rear with access across the adjoining dairy farm.

On the main road there are several car parking spaces allocated for the pub.

The business
The business is that of a busy all year round village inn. Opening hours are Monday & Tuesday 4.30pm to 11pm, Wednesday 12pm to 11pm, Thursday 4.30pm to 11pm, Friday & Saturday 12pm to 11pm and Sunday 12pm to 10.30pm.

The pub hosts a number of pub teams including three darts teams, two skittles teams, two pool teams and sponsors the local football team.

The business is run by a husband and wife team and is that of a traditional public house with 95% wet sales, although food could be increased if required as could the trading hours.

Our clients have been in business for five years and are now retiring, hence the genuine reason for this sale.

The turnover is approximately £79,594 per annum.

Accounts will be available to those seriously interested parties who have inspected the business.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

The premises will be offered on a brand new lease, probably for the duration of 10 years at a current rent payable of £1,200 per month plus insurance and an ingoing premium of £30,000.

Leasehold Rent:

£14,400 per annum

Living Accommodation:

2/3 bed owners accommodation

Location:

This traditional village pub is located on the main B3217 road through the village, being a traditional Coaching Inn the property is easily accessible from the village centre. High Bickington stands high above the River Taw which is approximately 2 miles away.

Energy Performance Rating:
C

Contact Information

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