Public Houses for sale in Okehampton

View the "New FREE OF TIE Spacious Coaching Inn" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

New FREE OF TIE Spacious Coaching Inn

Okehampton, Devon, England

  • Leasehold Price: £70,000  Price Reduced arrow_drop_down
  • Annual Turnover: £408,967
  • Annual Gross Profit: £270,104
  • Annual Net Profit: £96,000
Seller Reference: 4743L
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Business Description
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Seller Reference: 4743L
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Business Description
Extremely well presented and deceptively spacious character FREE OF TIE coaching inn occupying a sought after and highly visible landmark trading position. Excellent reputation, impressive levels of trade and profits and undoubted potential for new owners to develop many aspects of the trade still further. Character Bar & Dining Areas (56+), Restaurant (24), Garden Room (24), 3 high quality En-Suite Letting Bedrooms, extremely well equipped Commercial Catering Kitchen with ancillary facilities, Patio Trade Garden (20+), substantial Car Park (40+), and Owners Private Accommodation. Exceptional business opportunity which must be viewed.
Trading hours:
Tuesday to Saturday for lunch and dinner as well as for Sunday lunch. The opening hours are midday until 3:00pm Tuesday to Sunday and 6:00pm until 11:00pm Tuesday to Saturday. The pub is closed on Sunday evenings and all day on Mondays.
Number of employees:
3 full-time and up to 12 part-time members of staff
Is accommodation included?:
3 quality en-suite letting bedrooms Owners Accommodation
Location Details:
a busy landmark trading position adjacent to the A386 Okehampton to Tavistock main road, which is one of the main arterial routes across Dartmoor National Park, and busy with locals and tourists alike. Situated and on the north west fringes of Dartmoor National Park on the edge of the desirable village of Lydford with the famous Lydford Gorge.
Leasehold Term:
The business is being offered by way of a new 10 or 15 year FREE OF TIE full repairing and insuring lease at a rent of £30,000 per annum.
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