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Award Winning Free Of Tie Devon Pub For Lease

Near Winkleigh, Devon
Asking Price:
£79,990 Furniture / Fixtures included
Sales Revenue:
£309,357
Cash Flow:
Available on request

The New Inn is an impressive, well regarded and award-winning character country inn which is well presented throughout, having been well maintained and improved by our clients during their 5 years of ownership. This well presented virtually detached, part thatched property has origins reputedly dating back to the 17th Century and is Grade II Listed. The New Inn is renowned for its traditional pub character combined with its extremely well regarded and popular award-winning food and drink offering. The New Inn briefly comprises:- Main Bar & Dining Area (28+), Snug Dining Room (12), Restaurant/Skittle Alley/Function Room (30+), Commercial Catering Kitchen and ancillary areas, 2 Double Bedroom Owner’s Accommodation with Sitting Room and Bathroom. Externally, and a real feature of this business is the south facing Trade Patio Area with seating for 60+ customers, Off Road Parking for up to 5 vehicles and a Garage/Store Room. The property retains much character with exposed ceiling beams, wall timbers and exposed stone walls. The New Inn is a highly regarded and impressive Devon village freehouse and a viewing is essential to fully appreciate the quality and standards inherent throughout this popular business.

Property information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

The business is held on a 12 year FREE OF TIE lease which commenced in July 2010 with a current rent of £20,000 pa with rent reviews every 3 years, the next review being in 2019.

Leasehold Rent:

£20,000 per annum

Living Accommodation:

Arranged on the first floor is the well appointed owner’s accommodation which briefly comprises:- large Lounge with dual aspect, wooden surround fireplace and exposed timbers. Bathroom fitted with modern white suite comprising panelled bath with shower over, pedestal wash basin and low level WC. Bedroom 1 A double room with dual aspect to front and side. Bedroom 2 A double room with Victorian cast iron fire grate and aspect to front. All rooms have far reaching views across to Dartmoor.

Location:

The New Inn is situated in the heart of the pretty and vibrant village of Roborough near Winkleigh, set amongst the rolling hills of North Devon, with far reaching views to Dartmoor and Exmoor. The New Inn is some 12 miles from the stunning North Devon coastline with its exciting surfing beaches and coastal footpaths, whilst for anglers the Rivers Taw and Torridge are close by. The surrounding area is known for its delightful unspoilt scenery, walking and cycling on the Tarka Trail, riding and other country pursuits. The New Inn not only draws clientele from the village community but also from nearby Barnstaple (13 miles), Bideford (13 miles), Torrington (7 miles), Winkleigh (7 miles) as well as the surrounding villages and hamlets.

Premises Details:

Virtually detached, part thatched property has origins reputedly dating back to the 17th Century and is Grade II Listed.

Contact Information

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