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Pub Restaurant And B & B In Rural Devon

Shebbear Devon
Popular Guest House and pub Shebbear, Devon T/O: £260,000 GP 60% 8-guest letting rooms Owners' accommodation Well-equipped Loyal customer base
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 61870
ADVERT IMPRESSIONS : 22,663 TIME(S)

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

FREEHOLD:

£725,000
 

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BUSINESS DETAILS:

Location
The Devils Stone Inn occupies a substantial 17th century property and is ideally located within the picturesque village of Shebbear, Devon. The pub is situated on the edge of the village square, boasting stunning views of the surrounding countryside. The business benefits from on-site car parking, nearby bus stops, along with a variety of amenities in the vacinity. Shebbear is a medium-sized historic village, which lies approximately 9 miles north west from Holsworthy and lies approximately 14 miles south from Bideford, and boasts easy access to the nearby A-road, the A386.

Business History
Preferred Commercial is pleased to offer for sale this 2-storey 17th century pub, restaurant and bed and breakfast, which has been in our clients' hands since 2005 and is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £250,000 per annum with a gross profit of 60% derived from serving alcoholic beverages, home cooked meals, and offering guest letting accommodation. The pub currently trades 7-days per week at a pace to suit, and is well-equipped and highly maintained throughout. The pub boasts heaps of character and still holds many original features, which offers a warm and relaxing atmosphere. The business has 8-guest letting rooms, all of which have en-suite facilities, a large bar area, games room and dining room, along with a beer garden and children's play area. The pub also offers a 1-bedroom owners' accommodation. Our clients have gained an excellent reputation and a loyal customer base, which ensures much repeat trade. The business has a website in place, which provides information about the facilities, location and contact details. This is an ideal opportunity to acquire an already busy pub, which is well-equipped and in a 'walk-in-and-trade' condition. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £250,000 approx.
GP: 60%

Opening Hours
Mon: - Fri: 12.00pm - 3.00pm and 6.00pm - 11.00pm
Sat: - Sun: 12.00pm - late

Accommodation Details
17th century public house and restaurant, boasting 8-guest letting rooms, extensive parking and situated in a village location. Briefly comprising:

Ground Floor
• Large bar area with optics and bottle chillers, 16-points of dispense, exposed timber beams and slate flagstone flooring, feature fireplace and furnished with tables and chairs
• Games room with pool table, dart board and exposed beams
• Spacious dining room, which can accommodate approximately 40-covers, flagstone flooring, wainscot panelling to walls, feature fireplace and adjoining snug area
• Ladies and gents WC's
• Temperature controlled beer cellar
• Large commercial kitchen, which is well-equipped to suit and with non-slip flooring.

Owners' Accommodation:
• Self-contained 1-bedroom bedsit with en-suite facilities and kitchenette
• Accommodation could be extended to include the 3 larger upstairs rooms
• Separate entrance to living quarters.

First Floor
• 1 x family guest room with en-suite facilities
• 5 x double guest rooms with en-suite facilities
• 2 x single guest rooms with en-suite facilities

External
• Extensive parking to the front of the premises
• Large beer garden with picnic tables, children's play area and smoking area.


Tenure
Advised Freehold
   
  FOR SALE
   

REFERENCE:

2365 / RightBiz
   
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