Country Pub for Sale in Devon with Traditional Charm and Letting Room Potential
Chulmleigh, Devon
- Status
FOR SALE
- Advert ID
655083
- Reference
CD-10286 / Rightbiz
- Call Agent:
- Freehold: £875,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Exceptional Destination Country Pub Devon For Sale in Chulmleigh
An outstanding opportunity to acquire a highly successful freehold destination country pub in the heart of rural Devon.Beautifully presented and exceptionally well maintained throughout, this substantial period property combines traditional charm with a thriving, profitable business. The premises comprise a welcoming bar, cosy snug and attractive restaurant, all offering a warm and inviting atmosphere that has built an excellent reputation with both locals and visitors alike.
The property also benefits from a spacious owners' (or managers') apartment together with three en-suite letting rooms, which are currently underutilised and provide excellent scope to further increase turnover and profitability.
The business enjoys an approximately 50:50 split between wet and dry sales, generating profits in the region of £250,000 per annum. With an established customer base, strong trading history and clear opportunities for further growth, this represents a rare opportunity to acquire a substantial and highly regarded country inn.
Whether sought as a lifestyle business or commercial investment, this exceptional freehold offers significant scope for continued expansion and enhanced profitability.
Our Reference: CD-10286
Confidential Freehold Sale
Destination Country Pub
Traditional Character Premises
Bar, Snug & Restaurant
Spacious Owners' / Managers' Apartment
Three En-suite Letting Rooms with Growth Potential
Approx. 50:50 Wet / Dry Trade Split
Profits Circa £250,000 per annum
Outstanding Lifestyle & Investment Opportunity
• FH Price: £875,000 Guide Price
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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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