Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Well Presented Character Free Of Tie Village Freehouse For Lease

Sidford, Devon
Asking Price:
£65,000
Sales Revenue:
£230,000
Cash Flow:
Available on request

Substantial and well presented Free of tie character village freehouse, occupying a prominent landmark trading position close to the East Devon coast and offering Public Bar (13+), Lounge Bar & Restaurant Area (46+), Skittle Alley/Function Room (50+), Commercial Catering Kitchen, private lawned and patio trade Beer Garden Areas (90), family sized Owners Accommodation comprising 6 Bedrooms (4 en-suite), sitting room, dining room, office and fully fitted kitchen. Potential for letting bedrooms. Significant and growing trade in the order of £230,000 excluding vat. Free of tie lease which must be viewed in order to be fully appreciated.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

We are advised that the business is held on a 10 year free of tie lease which commenced in June 2016 with a current rent of £24,000 per annum. Rent reviews are every ? years. The lease is full repairing and insuring with a Schedule of Condition attached to this. There is also a tenant only breakclause at the 5th anniversary. Full details available on request.

Living Accommodation:

Family sized 6 bedroom (4 en-suite) private accommodation with letting potential

Location:

Situated in the centre of the well regarded and popular village of Sidford. The Rising Sun Inn occupies a prominent and landmark trading position at a busy intersection of the A3052 Exeter to Lyme Regis main road, and the A375 Sidmouth to Honiton main road.

Premises Details:

This is a well presented Grade II Listed character village freehouse which has been sympathetically refurbished and modernised by our clients.

Business Operation

Trading hours:

Midday to 3:00pm and 5:00pm until close Monday to Thursday, and midday until close on Friday, Saturday and Sundays. Food is served from midday until 2:00pm and from 6:00pm until 9:00pm Tuesday to Saturday and from midday until 2:00pm on Sunday. No food is served on Mondays.

Employees:
Only one of our clients works full-time in the business, with the assistance of 1 full-time and 5 part-time members of staff.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Stonesmith. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here