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PUBLIC HOUSE (FREEHOUSE) & RESTAURANT

Talaton, Devon
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PUBLIC HOUSE (FREEHOUSE) & RESTAURANTPUBLIC HOUSE (FREEHOUSE) & RESTAURANTPUBLIC HOUSE (FREEHOUSE) & RESTAURANTPUBLIC HOUSE (FREEHOUSE) & RESTAURANTPUBLIC HOUSE (FREEHOUSE) & RESTAURANT
  • Freehold: £650,000
  • Turnover: £300,000 £5,769 Per week
  • Net Profit: Not Applicable

Business Details

Village PUBLIC HOUSE (FREEHOUSE) & RESTAURANT, situated within desirable EAST DEVON, occupying prominent village centre trading position within lovely countryside setting, enjoying far reaching views. Easily accessible, close major road networks (A30 & M5), with EXETER and the coast only a short drive away, other attractions nearby.

Huge site and very large detached property (not listed), currently configured to provide main open plan bar and restaurant area with scope for up to 70 covers, additional function room/skittle alley able to accommodate up to 40 persons, commercial kitchen, waitress area, level cellar, storage and customer cloakrooms. Spacious accommodation above comprising 3 apartments, apartment 1 offering kitchen, sitting/dining room, 2 double bedrooms and bathroom, apartment 2 also offering kitchen, sitting/dining room, 2 double bedrooms and bathroom, apartment 3 currently providing sitting room, bedroom, office and shower room.

Benefiting from versatile outside space, particularly large car park offering a potential development opportunity subject to obtaining necessary planning consents, private gardens, mainly laid to lawn but with pond and storage sheds, owner's roof patio area enjoying countryside view, viewing recommended to appreciate size of property and overall site.

Popular well-known business, under current ownership some 20 years, offering easily prepared affordable menu, enjoying strong support from local resident community. Operated by family at a level to suit their lifestyle, only trading a 4½ day week, easily manageable, minimal staff assistance, trading below the VAT threshold, ample scope to develop trade and return to previous levels whereby takings were approaching £300,000, taking advantage of the size of the property.

Freehold £650,000 sav Ref: V/R35484N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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