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Delightful Estuary Village Inn Nr Exeter With Dining Room/restaurant

Lympstone Devon
This is a wonderful opportunity to purchase a distinctive, high quality English Inn & Restaurant in a picturesque East Devon Estuary Village. This licensed property has been expertly redesigned, extended and refurbished to a most impressive standard.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 49188
ADVERT IMPRESSIONS : 26,987 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

FREEHOLD:

£595000
 

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BUSINESS DETAILS:

Located in the beautiful estuary village of Lympstone, on the River Exe, the Redwing is a most attractive, quality Village Inn, with a popular first floor dining room/restaurant.

A traditional village inn and grade 2 listed building, the Redwing Inn has been sympathetically redesigned, extended and refurbished to a very high standard, to create a trading area which retains its traditional charm but with a light and comfortable ambience. The trading areas also benefit from a high quality inventory. The two Bar areas have a new central bar servery and traditional slate and timber floors. Between them the two rooms have traditional but quality seating, with room for 40 covers and a further 40 covers in the most attractive and stylish 'Loft Dining Room/Restaurant', which is approached via a striking feature staircase.

This property also benefits from a modern, newly fitted and well equipped commercial kitchen; wine store; separate beer cellar; and dry goods store.

On the first and second floors there is well presented pleasant owners' accommodation in good decorative order. This private accommodation has a private entrance as well as access to the trading area. The accommodation includes a lounge, kitchen, 3 bedrooms and a bathroom.

Outside the Redwing has an attractive terrace and garden seating area, which currently has benched seating for 24 with the potential for more.

Lympstone has a large village car park, which is 2-3 minutes walk away. The Redwing also has its own private car park with approximately 17 spaces.

This part of East Devon is a well regarded trading location for the middle market and is known to be one of the more affluent areas of Devon, where some very successful Country Inns and Restaurants have been established over the years, being able to draw from a catchment area including Exeter and Exmouth, as well as Topsham, Sidmouth and Budleigh Salterton.

The Redwing is currently run under management and is building a reputation for fresh quality food and service and a good range of quality cask ales. This is an excellent opportunity to purchase a distinctive English Village Inn with Dining Room/Restaurant in a picturesque East Devon Estuary Village.

Prior to reopening in October 2009, the Redwing was extended and refurbished to a high standard. It has traded well and succeeded in catering for local customers and also in drawing in customers from the wider East Devon area and the Cathedral City of Exeter.

Village and Country Inns have, since the invention of the motor car, been a favoured haunt of town and city dwellers. Around East Devon there are other well regarded country inns and restaurants whose popularity demonstrates the constant attraction of a countryside venue providing quality food and service.

Currently run with a good management team, the Redwing is a quality redevelopment which has been carried out by an experienced local developer who has created a great opportunity for a new owner to put their own stamp on the business and to develop the trade to its fullest potential.

Over the years there have been various planning proposals for the property, including a conversion of the property to three residential units. There has also been a separate application to build three houses on the car park. None of these applications are current but they demonstrate that the property has a high potential alternative use value for residential. Full details are available on application.

A popular and much sought after place to live and work, Lympstone is 3 miles from the seaside town of Exmouth and 12 miles from the Cathedral City of Exeter. As well as being a very popular place to live, Lympstone is regarded as a holiday spot and draws in seasonal visitors. With easy access to the beautiful river estuary, Lympstone is a popular place to moor sailing boats and dinghies. The estuary of the River Exe and the East Devon coastline are much appreciated by water sport enthusiasts and Lympstone has the benefit of its own sailing club. Lympstone originally built its reputation on maritime trade and agriculture but the village still has a well established primary school, a church and chapel, village stores, an international school, four public houses, a hairdressers. There is also a strong village community with a wide selection of clubs and societies. For more information please view the village website at www.Lympstone.org.uk.
   
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