Freehold Investment Premises For Sale. Iconic, Internationally Renowned Cider Bar. 10 Year, Fully Repairing and Insuring Lease at a Rental of £35,000 PA.
Ye Olde Cider Bar is located in Newton Abbot, Devon. The town is a popular place to live and work with excellent connections to the rest of South Devon.
Newton Abbot grew substantially with the introduction of the railway in the 19th century. The Town still enjoys a strategic position on the main railway line to London, Penzance and The North and excellent trunk road and motorway connections, situated off the A380 Exeter to Torquay Road. Newton Abbot is often known as the Gateway to Moor and Sea because of its closeness to Dartmoor National Park and the coastal resorts of Torquay and Teignmouth. Newton Abbot has much to be proud of, St Leonards Tower, Decoy Country Park and numerous other town parks, Forde House, Bradley Manor, a Town Quay, six allotment areas, excellent primary and secondary schools, Museum and Railway museum, a leisure centre, a new hospital and Racecourse to name but a few. Newton Abbot lies within Teignbridge District Council's region.
Ye Olde Cider Bar is situated on East Street which lies between Newton Abbot’s town centre and the Wolborough Hill residential area. The Bar is only a few minutes walk from Queens Street and, together with other pubs and bars in the area, is on the main Newton Abbot ‘pub circuit’.
Ye Olde Cider Bar is reputed to be one of only four remaining traditional Cider Houses in the UK. The bar belies its more urban origins and was believed to have once been a farm with the main bar area a cobbled yard entrance, where cider was once consumed with only limited protection from the elements. Prior to 1962, hogsheads of cider were stillaged on the floor amongst the customers. The landlord kept the glasses in the kitchen, and customers requested a refill from him by chinking their glasses.
Today the Cider Bar is welcoming and traditional, having an interior with stone and wood, a real fire, and with the barrels of cider stillaged behind the bar. Ye Olde Cider Bar has become internationally renowned and receives visitors from around the World.
The Grade II Listed property is currently let on a Fully Repairing & Insuring lease, further details of which can be found in the Tenure section below.