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Well Known & Popular Town Centre Pub For Sale

Newton Abbot, Devon, UK
Asking Price:
£240,000
Turnover:
Available on request
Net Profit:
Available on request

Well Known & Popular Town Centre Pub. Central Position Located Opposite Asda Superstore. Main Character Trading Area Arranged in 2 Sections Plus Dining Room. Well Presented 3 Bed owners Accommodation. Affordable Freehold Pub Opportunity.

Property Information

Property:

Freehold

Location:

The Wolborough Inn is situated on Wolborough Street just on the edge of Newton Abbot's town centre, opposite the Asda superstore. Wolborough Street leads into the main Totnes Road; Totnes being approximately 5 miles from Newton Abbot.

The premises occupies a highly visible spot with the benefit of a densely populated residential area behind. Newton Abbot is well placed between Torbay (approximately 7 miles away) and Exeter, the county capital of Devon which is approximately 15 miles away.

Premises Details:

The property comprises:-

Main trading area
Attractive character room divided into two sections. Stripped wood floors to left hand trading area with main timber topped and fronted bar servery. Collection of upholstered bar stools together with timber topped bar tables. Timber panelling to dado height and bench seating under main window. 2 x wall mounted flat screen TV's. The trading area to the right hand side of the entrance is continued in a similar style with bench seating and circular timber topped tables, leather 'tub' chairs and a number of captains chairs and bar stools. Carpeted. Both sections have attractive Victorian style etched glass windows with blinds.

Bar servery
With cash register, bottle fridges, hi fi, back optics, coffee machine and pie warming cabinet. New non slip flooring.

Vaulted dining room
With exposed beams, part exposed brick walls, fireplace and wall mounted Dart Board. Seating for circa 14 plus at timber tables with spindle backed chairs. Carpeted.

Storage cupboard

Ladies & gents cloakrooms

Ladies
1 WC with wash hand basin, located at first floor level.

Gents
1 WC, urinal and wash hand basin. (Accessed via outside door).
Ground floor beer cellar
Temperature controlled.

Owners accommodation

First floor
Attractive interconnecting Dining/living room and domestic kitchen with fitted domestic units. Plumbing for washing machine and tumble dryer, together with dishwasher.

Second floor
2 double bedrooms with interconnecting door further Double bedroom (currently used as office) Bathroom with WC, wash hand basin and bath.

Loft area
This space could provide a further bedroom with a bathroom once completed and subject to the usual consents.

Outside
Small smoking area with bench seating. Steps to further seating area with seating for 2.

General information

Rateable value
£14,500. Please note, this is not Rates Payable. For further information we advise you contact the Local Billing Authority, Teignbridge County Council.

Business
The Wolborough inn is a popular community pub run by a husband and wife team providing a comfortable 'home & income'. The trade is almost all wet sales and the Inn has a good reputation for well-kept ales and beers, supported by South Devon CAMRA. The business is open all day, every day and enjoys a strong local and regular trade. Whilst food sales are not pushed at the Wolborough Inn they account for approximately 20% of revenue. Traditional home cooked meals with specials are available lunchtimes only from Wednesday to Sunday with the Sunday Roast being very popular, regularly providing 50/60 covers. Food sales could undoubtedly be grown considerably under new ownership.

The Wolborough Inn is also home to many sporting teams over the winter and summer seasons with 2 men’s darts teams, 2 ladies darts teams and 2 euchre teams. The pub also holds a regular quiz night every Sunday. Further trading information will be provided to bona fide interested parties following a formal viewing arranged through the Sole Selling Agents, Bettesworths.

Tenure
The Wolborough Inn is currently held on a 'Free of Tie' Lease expiring in September 2021. The new owner would therefore have the option to relet the pub or alternatively owner operate the business on expiry of the lease.

Services
We have been informed the premises are connected to all mains services.

Energy Performance Rating:
D

Other Information

Related Documents:

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