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Extremely Well Presented Thatched Village Freehouse

Monkleigh, Devon
Freehold Price:
£340,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
243205
Reference
4775 / Rightbiz

Details

THE PROPERTY
The Bell Inn is a stunning Grade II listed character thatched village freehouse with origins reputedly dating back around 400 years. This extremely well presented character property occupies a prominent trading position adjacent to the A388. The pub has been completely refurbished by our clients, during their 9 years of ownership, to an exceptionally high standard whilst enhancing the charm and character. This well-appointed village inn briefly comprises: - Character L' shaped Bar and Dining Areas (52 ), Commercial Kitchen, impressive Family Sized 4 Bedroom Owner's Accommodation with Sitting Room and Bathroom. Externally, the property benefits from a Customer Car Park with space for 17 vehicles, an impressive rear Trade Gardens with panoramic views across the surrounding countryside towards Dartmoor and incorporating Lawned, Patio and Decked Areas (38). Private Owner's Garden Area and a range of useful Outbuildings. An internal inspection is strongly recommended in order to fully appreciate all that this deceptively spacious and superior village freehouse has to offer.  

SITUATION
The Bell Inn is located in the centre of the village of Monkleigh and benefits from a prominent landmark trading position beside the A388 main Bideford to Holsworthy/Launceston road. Consequently, the Bell Inn is well positioned to capitalise on the year-round passing trade, being located on a tourist route which is particularly busy during the summer months and holiday periods. Travel distances include: - Great Torrington - 3 miles; Bideford - 4 miles; Barnstaple - 12 miles and Holsworthy - 12 miles. This is a particularly unspoilt part of Devon with good access to the renowned North Devon and North Cornwall coastline with its popular resorts and excellent beaches. 

INTERNAL DETAILS
Entrance doors to the front and from the rear car park into Main Bar and Dining Areas an attractive and traditional character L' shaped single bar trading area with carpeted flooring, heavily beamed ceilings, part wood panelled and part exposed stone walls, darts oche area, wall mounted menu boards, feature fireplace with inset electric living flame effect wood burner, Bose sound system, range of free standing wooden tables, upholstered wooden chairs, upholstered bar stools and window seating comfortably for 40 customers plus adequate standing room. Open plan through into Bottom Bar/Dining Area again a traditional character trading area with carpeted flooring, exposed ceiling timbers, part wood panelled walls, wall mounted menu boards, portable carvery unit with twin hotplates and plate warmer, feature fire place (disused), range of free standing wooden tables and upholstered wooden chairs comfortably seating 12 customers. Timber fronted and polished timber topped Bar Servery with altro flooring, range of optics and display shelving, electronic cash register, double glass fronted bottle fridge, single glass fronted bottle fridge, and coffee filter machine. Bottle Store fully shelved. Still Area with altro flooring, stainless steel racked shelving, stainless steel sink unit and glass washer. Commercial Kitchen with altro flooring, part tiled and part stainless steel clad walls, extractor system with stainless steel canopy over, 4 burner gas range, Blue Seal turbo fan oven, stainless steel racked shelving, stainless steel sink unit, stainless steel wall shelving, 2 table top deep fat fryers, 3 microwave ovens, 2 door commercial undercounter fridge unit, chest freezer, stainless steel handbasin and stainless steel work bench with shelving below.   

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

PRIVATE ACCOMMODATION
Situated on the first floor is the spacious and exceptionally well presented Family Sized Owner's Accommodation which has been refurbished to a high standard and comprises: - Sitting Room a good sized room with dual aspect. Bedroom 1 a good sized double bedroom with aspect to front. Bedroom 2 a good sized double bedroom with aspect to front. Bedroom 3 a good sized double bedroom with aspect to front. Bedroom 4/Office a single bedroom with aspect to rear. Family Bathroom with modern white suite and shower over bath. Large Store Room with potential to create a kitchen or shower room. Walk in Store Cupboard.

EXTERNAL DETAILS
A prominent landmark trading position and a large plot which incorporates a tarmac Customer Car Park to the rear of the property with space for approximately 17 vehicles. Also, to the rear of the pub is an impressive Beer Garden with panoramic views over the surrounding countryside as far as Dartmoor and incorporating Lawned, Decked and Patio Areas with picnic bench seating for 38 customers. Private enclosed Owner's Garden with a Storage Shed. Stone built Outbuildings accommodate the temperature-controlled Beer Cellar, a Dry Goods Store and a small Garage/Workshop.        

THE BUSINESS
The Bell Inn is well presented throughout and trades as a traditional village freehouse and destination dining pub located in a popular North Devon village. The Bell Inn is a popular and well regarded business with an excellent reputation which benefits from solid levels of regular year round repeat trade, not only from the village, but also from the surrounding villages and towns. The landmark trading position also ensures that there is a regular passing trade from those using the busy tourist route. Our clients have owned and operated The Bell Inn since 2010 and have carried out an extensive refurbishment of the pub to a high standard whilst enhancing the charm and character of the property. The pub has its own website www.thebellinnmonkleigh.co.uk which provides further background information, and benefits from numerous excellent reviews on Trip Advisor, as well as having a 5 Star Food Hygiene Rating. The pub is home to 2 darts teams, a skittles team (even though it has no skittle alley!), a football team and is a popular meeting place for various local clubs and societies. Occasional live entertainment is also organised, as well as a monthly quiz night and a popular Sunday carvery. This is an extremely well presented business which benefits from strong year round trade and which continuous to show a growth in sales. The sale of the Bell Inn represents an excellent opportunity to purchase a well regarded traditional village freehouse with impressive family sized owner's accommodation and is undoubtedly a very special place to live and work and a formal viewing is essential in order to fully appreciate all that this high quality business and property has to offer. The business is offered for sale due to retirement. 

TRADING INFORMATION
Accounts for the year ending 31st March 2019 show sales of £167,713 excluding VAT. Full detailed trading information can be made available to interested parties following a formal viewing appointment. 

OPENING HOURS
The current opening hours are 12pm - 2.30pm Tuesday to Sunday, 6pm to 11pm Tuesday to Thursday, 6pm - 12.30am on Friday and Saturday and 6pm until 9.30pm on Sunday. The Bell is closed all day on Mondays. 

CURRENT STAFFING
The business is run by our clients a husband and wife partnership with the assistance of 1 full time and 3 part time members of staff.

POTENTIAL
Our clients advise that there is tremendous potential to develop all aspects of the trade still further and for future growth in trade levels and maximising the available income streams. Without a doubt there are opportunities to increase the current trading hours and introduce all day opening and even an all day food service, particularly during the busier summer months. 

EPC
Listed property and therefore exempt. 

RATING
We are advised that the property is currently eligible for a 100% small business rate relief. For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website www.voa.gov.uk.

SERVICES
All mains services, except mains gas, are connected to the property. LPG is used for cooking, heating and hot water. 

PRICE & TENURE
£340,000 for the valuable freehold property as a going concern business and full trade inventory.  Wet and dry stocks to be additional at valuation.  Vacant possession upon completion. 

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392)201262.Email:info@stonesmith.co.uk
You are recommended to contact us before visiting the property even for an informal viewing.  We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.
 

Seller Details
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Listing Details
Freehold Price: £340,000
Tenure: Freehold
Sector: Pubs, Freehouse, Bars
Financials
Annual Turnover: £167,713
Key Features
  • Accounts Available
  • Prime Location
  • Attractive Business
  • With Car Park
  • Trade Gardens Available
  • With Accommodation
Listing Statistics
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