Bars for sale in Yelverton

View the "Free of Tie Lease Opportunity Character Dartmoor Freehouse With 4 Bedroom Accommodation " below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Free of Tie Lease Opportunity Character Dartmoor Freehouse With 4 Bedroom Accommodation

Yelverton, Devon, England

  • Leasehold Price: £15,000
  • Sale Agreed
Seller Reference: 4782
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
 
Image 1 of 8 video_library
Seller Reference: 4782
Request Details
Business Description
THE PROPERTY
The Dartmoor Inn is a character semi-detached destination moorland freehouse with origins reputedly dating back to the mid-19th century. The Dartmoor Inn occupies a prominent landmark trading position and enjoys commanding views over the surrounding open moorland. The inn has all of the necessary attributes for a successful business with a large character Lounge Bar and Dining Area (42+), Public Bar Area (22+), Kitchen with Ancillary Facilities and a spacious Family Sized Owner’s Apartment which comprises 3/4 Double Bedrooms, Sitting Room, Kitchen, Shower Room and Bathroom. Externally, to the rear is an enclosed Lawned Garden Areas, which can be accessed directly from the private accommodation. To the front is unrestricted Parking with space for numerous vehicles and even coaches, a useful Garage/Store Room, and al fresco Customer Seating Areas to the front for around 40 customers.

SITUATION
The Dartmoor Inn occupies a prominent landmark trading position adjacent to the B3357, Tavistock to Ashburton road, which is popular and busy arterial route across Dartmoor National Park. With commanding views over the surrounding moorland towards Kings Tor the Dartmoor Inn is an ideal resting spot for walkers, cyclists, tourists and coach tours. The freehouse is situated approximately 3 miles from the historic moorland village of Princetown, 4 miles from the thriving market town of Tavistock and around 16 miles from the historic maritime city of Plymouth. The hamlet of Merrivale is surrounded by the rugged beauty of Dartmoor National Park, with far reaching moorland scenery and direct access to the moor. Dartmoor National Park attracts over 6 million visitors each year with many famous historic features and attractions close by and the area is a magnet for day trippers and tourists throughout the year.

INTERNAL DETAILS
Main customer entrance door to front into Entrance Vestibule with door into Lounge Bar and Dining Area an attractive character room with part carpeted and part tiled flooring, heavily beamed ceilings, feature lighting, feature stone open fireplace, range of free-standing wooden tables, upholstered chairs and upholstered settles comfortably seating 44 customers plus adequate standing room. Timber fronted and topped Bar Servery fitted with a range of back bar fittings including display shelving and optics with Altro flooring, electronic cash register, two double glass fronted bottle fridges, and wine racking. Public Bar Area again another attractive character area with carpeting flooring, heavily beamed ceilings, feature lighting, feature open fireplace, part exposed stone walls, range of free-standing wooden tables, upholstered chairs and upholstered settles comfortably seating 22 customers plus adequate standing room. Ladies and Gents WC’s. Still Room with Altro flooring, stainless steel deep bowl sink unit, wall cupboards, commercial dishwasher and stainless steel hand basin. Kitchen with Altro flooring, extractor system with stainless steel canopy over, five burner electric cooker with double oven, stainless steel hand basin, stainless steel deep bowl sink unit, stainless steel work benches with shelving below, twin floor standing deep fat fryer, single floor standing deep fat fryer, part stainless steel clad walls and two microwave ovens. Beer Cellar temperature controlled with two chest freezers. Store Room with racked shelving.

OWNER’S ACCOMMODATION
Situated on the first floor is the spacious family sized owner’s private apartment which briefly comprises Sitting Room a good-sized dual aspect room with open views to the front over surrounding open moorland. Bedroom 1 a good sized double room enjoying open views over surrounding moorland to the front and built in wardrobes. Bedroom 2 a double bedroom with aspect to rear overlooking the garden and built in wardrobes. Kitchen Area with a range of base and wall mounted kitchen units and complementary work surfaces, space for electric cooker and washing machine and door to rear garden. Shower Room. Family Bathroom. Bedroom 3 a good sized double bedroom enjoying views to the front over open moorland. Interconnecting with Bedroom 4 again a double bedroom with views to the front over moorland.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

EXTERNAL DETAILS
The property is set back from the B3357, with enclosed Private Rear Garden Areas. To the front there is ample unrestricted Car Parking with sufficient parking and turning for coaches. Also, to the front are extensive Customer Seating Areas providing al fresco seating for around 40 customers. Garage/Store Room. Stone Built Store.

THE BUSINESS
The Dartmoor Inn is a traditional moorland freehouse which trades on exceptionally restricted opening hours and offers tremendous potential to develop all aspects of the trade still further. Owned and operated on a truly lifestyle only basis, by our clients for 8 years, the limited opening hours are from mid-day until 3.30pm at weekends only. This increases to lunchtimes only, 7 days a week, during the school summer holidays. The sale of The Dartmoor Inn therefore offers a unique and almost blank canvas opportunity to develop all aspects of the trade by extending the opening hours for which undoubted demand exists. There are also opportunities to develop a cream/afternoon tea trade and to tap into the lucrative coaching tour trade, for which the Dartmoor Inn is ideally located. The Dartmoor Inn is being offered for sale due to ill health and this unique moorland inn would be well suited to experienced owner operators, particularly with those with a background in catering. The property offers low overheads and provides an opportunity for new owners to stamp their mark on this iconic moorland freehouse with tremendous untapped potential. Our clients are keen to secure a suitable tenant, which is reflected in the realistic premium and proposed rent levels.

TRADING INFORMATION
The trading hours are deliberately restricted to fit in with our client’s personal lifestyle requirements and consequently trade levels are purposefully restricted to below the VAT threshold. Trading information can be made available to interested parties following a formal viewing appointment.

EPC
C-63

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website www.voa.gov.uk.

SERVICES
We have been informed the premises are connected to mains electricity. Oil fired central heating/hot water. Private water supply and private drainage.

PRICE & TENURE
£15,000 for a new free of tie lease, with the repairing terms and covenants to be agreed, by negotiation. The lease is to be for a period of 7 years and will be fully protected. Guide rent of £12,000 per annum, with rent reviews every 3 years. Full details available upon request.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392)201262.Email:info@stonesmith.co.uk
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.

Tenure:
Leasehold
Is accommodation included?:
Yes
Number of bedrooms:
4
Location Details:
The Dartmoor Inn occupies a prominent landmark trading position adjacent to the B3357, Tavistock to Ashburton road, which is popular and busy arterial route across Dartmoor National Park. With commanding views over the surrounding moorland towards Kings Tor the Dartmoor Inn is an ideal resting spot for walkers, cyclists, tourists and coach tours. The freehouse is situated approximately 3 miles from the historic moorland village of Princetown, 4 miles from the thriving market town of Tavistock.
Leasehold Term:
The lease is to be for a period of 7 years and will be fully protected. Guide rent of £12,000 per annum, with rent reviews every 3 years. Full details available upon request. Repairing Covenants to be agreed.
Is this business home based:
Yes
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image