Successful Wet Led North Devon Village Inn
Price:
Leasehold - £65,000
Location:
Devon, North Devon, Northam
Good quality character wet led public house, well presented throughout with spacious 3 bedroom owners accommodation, trade beer terrace, customer car park. Potential to develop the food trade.
The Inn is situated in a prominent trading position close to the centre of a large village situated between Appledore, famous for its pretty winding streets and quayside overlooking the estuary, and Westward Ho! with its long sandy beaches and championship golf course. The port and market town of Bideford is approximately 2 miles away and the A39 North Devon link road provides access to the regional centre of Barnstaple, approximately 9 miles away and the national motorway network beyond. The village, which had a population of just over 5,000 according to the 2001 Census, is in an area which is a popular destination for visitors with a range of attractions and resorts locally including the North Devon surfing beaches.
This is a substantial and well presented character property which has been sympathetically refurbished and modernised over recent years whilst retaining many of the original features. The Inn is an important focal point of the community having built up a successful wet led trade over many years of trading. This well appointed public house briefly comprises:- an open plan Bar with Public and Lounge Bar/Dining Areas comfortably seating 54 customers plus standing room, Commercial Kitchen, Refrigerated Cellar, immaculate first floor living accommodation with a spacious open plan Lounge/Dining Room with modern fully fitted Kitchen, 3 good sized Double Bedrooms and Family Bathroom with Separate Shower Cubicle. Externally the property benefits from Private Customer Car Park, Trade Patio Beer Garden with purpose built Smoking Shelter and seating for 40+ customers.
Prominent trading position in centre of village
We are advised that the business is held on a 20 year renewable Whitbread Pub Partnership lease (now part of the Enterprise Inns estate). The current rent is £21,900 pa with the next rent review due to 2015. There is a tie for lager, 2 real ales, bottled beer and draught cider and the pub is free of tie on 1 real ale, bottled cider, wines, spirits, soft drinks and alcopops.
12:00pm – 11:30pm Monday to Thursday
12:00pm until 12:30am Friday and Saturday
12:00pm until 11:0
3 Spacious Bedroom Owners Accommodation
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