Quaint & Traditional Public House in Devon

Cullompton, Devon
REF: R06940

Asking Price:
£59,950
Annual Turnover:
£203,185
Annual Net Profit:
TBC
REF: R06940

Overview

Tenure:
Leasehold
Established:
1835
  • Newly refurbished restaurant and beer garden
  • Consistently excellent reviews on Trip Advisor
  • Prime location in scenic, affluent village
  • Staff accommodation included
  • Huge scope for growth

Built in 1835, the business for sale is a warm, welcoming village pub in Cullompton, Devon. The public house is renowned as a hub of the community, working closely with the village hall and residents and sourcing produce from local farms, as well as supporting neighbouring independents, serving real ales from breweries in the area.

The business, which received a TripAdvisor Certificate of Excellence in 2017, has consistently received excellent reviews on various online platforms and has helped bring in diners from huge catchment areas such as; Torquay, Paignton, etc. Also, within the pub is staff accommodation; consisting of one double room and one single room. The business is now for sale on leasehold basis.

The business operates from a Grade II listed public house dating back to 1835. The pub is a large building which at the front has the business name listed above the entrance door, along with an awning and hanging basket plants.

Through the entrance, customers are greeted to a single room bar area, which accomodates a traditional feel, is L shaped with a large fireplace and has a part wooden floor, part carpeted. There are a mix of bar stools, wooden benches, tables and chairs and easy chairs. There is a large traditional bar, showcasing the business’s wines, sprits, ales and lagers. To the right is the dining/restaurant area, which has undergone recent refurbishment with further wooden flooring, wooden tables and chairs. Behind the bar is a split kitchen, relatively small but well equipped. From here is the beer cellar, plus several small storage rooms. An unusual feature is the toilets which are outside, accessed from the street.

A transitional period is available.

Intelligent is pleased to bring to the market this longstanding traditional village pub with fantastic reputation for food, located in the heart of the Devon countryside, near Cullompton.

This is an opportunity which would ideally suit an individual, or couple with industry experience or a large corporate pub retailer.

Despite firm foundations set, there are ways to grow the business further.

The business has become very popular without any marketing other than its own website and TripAdvisor (currently listed as no 1 of 44 restaurants in Cullompton. So, there is scope to increase marketing, open longer hours and perhaps hold one-off events.

Loading...
  • Picturesque village
  • Easily accessible
  • Parking available
  • No competition
Rent
£21,000
Rates
£8,000
Lease Term
15
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£