Restaurants for sale in Umberleigh

View the "QUINTESSENTIAL THATCHED DESTINATION VILLAGE INN WITH LETTING BEDROOMS AND SELF CATERING UNITS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Freehold Price: £684,950
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Business Description
* Olde Worlde 16th C Thatched Village Inn
* Lounge bar, snug, dining room, conservatory dining room
* Many period features including beamed Ceilings, Feature Fireplaces, Timber Panel Walls, exposed stonework
* 3 first floor letting bedrooms and 2 x apartments, suitable for owners, staff or letting purposes
* 3 separate ground floor self caterings units, each with outside space
* Car parking and beer terrace
* Two garden areas predominately laid to lawn
* Ideal family / dual family operation

LOCATION
Chittlehamholt is a popular North Devon village, located just off the A377 (old Exeter to Barnstaple Road), near Umberleigh. The property can also be accessed from the A361 (North Devon Link Road) through the Market Town of South Molton, which is approximately 6 miles away.

THE SITUATION
The property is located on the main road through the village, within walking distance of High Bullen Hotel and 18 hole parkland Golf Course.

THE PROPERTY AND CONSTRUCTION
The Grade II Listed thatched property dates back to c.16th Century and is of masonry construction with rendered elevations. To the front of the Inn is a latter conservatory style extension to create further dining area. The main Inn building comprises of lounge bar, snug, restaurant and conservatory restaurant with many period features throughout including beamed ceilings, exposed stonework fireplaces and timber panelling. At first floor level are 3 en-suite letting bedrooms, a 2 bedroom apartment with an additional one bedroomed at ground floor level. The adaptable accommodation makes the operation of the business particularly suitable for a family / dual family occupation. As well as the main building there are 3 ground floor self catering units to the rear, all of which have their own garden / courtyard area. Additional outside space includes car parking and beer terrace to the front of the property as well as two garden areas which are predominately utilised for the self catering units.

THE PROPOSAL
Our clients are inviting offers for the Freehold interest.

THE BUSINESS
Having been in the same family ownership for approximately 35 years, for personal reasons the business is now more reliant on staff than it has been in the past. It is thought a husband and wife / family operation could significantly increase the turnover of the business which is currently £150,000 net as well as reducing wage costs. These figures do not include trade from the self catering units. As well as traditional public house fayre our clients offer golfing and shooting weekends, B&B stays and self catering lets.

THE STOCK
Any current stock to be purchased at valuation upon completion.

THE INVENTORY
The property is sold with an inventory of trade fixtures, fittings and equipment.

LICENCE
The property is sold with the benefit of a Premises Licence.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

VAT
Payable, if applicable, at the prevailing rate.

THE ACCOMMODATION (comprises)

From the car park entrance into

MAIN LOUNGE BAR
43`4 x 15`4 (13.20m x 4.65 m) Feature bar with original beamed ceilings, part quarry tiled floor and carpeting, feature fireplace with inset wood burner, exposed stone walls. There is seating for approximately 20 covers and a timber servery housing a selection of pumps, real ale casks and bottle fridges etc. There is an adjoining RESTAURANT AREA with covers for circa 10.

SNUG AREA
24`11 x 10`3 (7.60m x 3.10m) Covers for 8, leature sofa seating, feature fireplace with wood burner, beamed ceiling, carpet.

Ladies & Gents W.C’s and door to rear self catering units.

Rear BOTTLE STORE and CELLAR with direct access to the front of the property.

CONSERVATORY DINING ROOM / BREAKFAST ROOM
13`6 x 11`6 (4.10m x 3.50m) Covers for circa 14, vaulted ceiling and is glazed to the front and sides, with access to the front terrace. This room is used for B&B guests for breakfast and also as a dining area in the evenings.

COMMERCIAL KITCHEN
Non slip flooring, dishwasher, microwaves, 6 burner gas oven, grill, double sink unit, griddle, 3 x deep fat fryers, 2 x fridges, extractor system.

UTILITY ROOM which houses washing machine, fridges and freezers.

OFFICE
14`7 x 9`1 (4.45m x 2.75m) Carpet and adjoining 3 piece shower room for staff.

OWNERS / STAFF ACCOMMODATION
Double Bedroom, Lounge / Diner with fitted kitchen, Bathroom.

From the car park there is another entrance which brings you into a small hallway with stairs to the letting accommodation, currently comprising:-

PINK ROOM
Double Bedroom with beamed ceilings, wash hand basin, en-suite shower & w.c.

BROWN ROOM
Twin Bedroom, plus children's bed, 3 piece en-suite bathroom with linen store.

GREEN ROOM
Twin Bedroom, shower, wash hand basin, en-suite w.c.

EXETER SUITE
This is a two bedroom self contained letting apartment and comprises of en-suite double bedroom, twin room with en-suite shower, separate w.c., living room with fitted kitchen.

OUTSIDE
To the front of the property is car parking for circa 18 vehicles as well as a gravelled beer terrace with picnic bench style seating

To the rear of the pub there are three self contained letting units, with separate access from the road, as well as access via the main Inn building and the Inn car park.

“NEXT DOOR”
Double bedroom, lounge / diner with kitchenette, bathroom, private garden area.

“HIGHWAY”
Lounge with kitchenette, double en-suite bedroom, archway from main lounge into Study / children's bedroom, front courtyard garden.

“NEW COACH HOUSE”
Kitchenette area with lounge diner, double en-suite bedroom, twin en-suite shower room. French doors from the lounge area out into private garden.

OUTSIDE
There are two garden areas which are predominately laid to lawn and are utilised as by the self catering units.

Commercial Funding
Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.
Tenure: Freehold

Downloadable Documents

Listed by: JD Commercial
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