Pubs for sale in Devon

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Polly Franey (July 2015)
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Freehold Price: £440,000 Price Reduced Annual Turnover: £200,000
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Business Description


Intelligent Business Transfer are excited to bring to the market this traditional and welcoming pub. The pub currently serves one regular beer, Dartmoor Real Ale and up to two guest beers.

The current owners have run this pub since 1992, only now is the business offered to the market due to our clients` wish to retire. The business is open 7 days a week and offers late nights.

The current annual turnover is in the region of £200,000 with a gross profit of 57%. The inn is popular for its ales, as well as ales, there is also lagers, wines and spirits available, along with restaurant meals.

The pub is a well-established and popular public house, therefore benefitting from a loyal customer base with a vast amount of repeat trade. It is important to mention that the business is very much at the heart of the community, and considered a gem to the local people.

The public house has two pool teams, four darts teams and two Euchre card teams. This public house is popular for its tradition public house games and this separates them from many other public houses and restaurants around.

The business benefits from a 20 plus cover restaurant area, which is currently only serving lunchtime; the restaurant demonstrates huge potential for expansion and development. There is a demand for the restaurant to be opened in the evening.

As well as the business there is also private accommodation on the first floor; this includes 4 bedrooms, some of which could be used as letting accommodation. The property is well maintained, the current owner has taken great pride in their business and the building is finished to a high standard throughout.

This business offers an excellent opportunity with fantastic potential for a new owner to take this already successful and well-established public house on.
Number of Employees: 2

Tenure: Freehold

Listed by: Intelligent Business Transfer
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