5 bedroom terraced house for saleAshburton
- Main Bar and Dining Area
- Commercial Kitchen
- Chilled Beer Cellar
- Very Spacious Five Bedroomed Owners Accomodation
- Walled Beer Garden
- Excellent turnover with potential to increase food sales
The Exeter Inn stands centrally within the vibrant South Devon town of Ashburton, roughly mid-way between the two cities of Plymouth and Exeter.
The town has a thriving art, music and food scene and hosts numerous festivals throughout the year such as the contemporary open-house art event, and the traditional ale tasting and bread weighing ceremony. As well as serving an active resident town population and various smaller outlying communities the town attracts many thousands of visitors and is the perfect base from which to explore the spectacular landscape of Dartmoor and the South Devon coastline with its sandy beaches and sheltered coves. It is home to many antiques and craft shops as well as the internationally recognised Ashburton Cookery School.
The Exeter Inn is housed within an historic grade II listed building with origins dating back to the medieval period and believed to be the oldest pub in Ashburton. As well as the extremely characterful bar and dining areas the property has excellent owners accommodation spread over the upper two floors with a roof terrace area. There is a lovely walled beer garden enjoying privacy and a surprising degree of tranquillity for such a centrally located garden.
The Exeter Inn has been in the present ownership for almost thirty years and is a traditional wet-led town centre free house which enjoys a popular local following. Indeed the pub is seen as part of the town community and is home to the Darts team, regular quiz nights and is used as a meeting venue by local clubs and societies. The business is run by three family member owners with a small number of part time staff. Current opening hours are Monday - Saturday 11am to 2.30pm then 5pm to 11pm. Sunday hours are 11am to 3pm then 7pm to 10.30pm.
Preliminary accounts for the year ending May 2017 show sales of £203,175.65 including VAT with excellent gross profit margin. Full detailed accounting information can be made available to interested parties following a viewing.
There is much scope to increase the food sales side of the business. We understand that the current trade sales split is approximately 85% wet and 15% food.
The business rateable value in the current year is : £10,750
The council tax band for the residential accommodation is : B
For further clarification and information please visit www.voa.gov.uk.
All mains services connected.
The property is listed and therefore exempt from any EPC requirements.
Wet and dry stocks (approximately £5,500) to be taken over by the purchaser at valuation on the day of completion.
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/property-for-sale/property-36496965.html
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference RS0171. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Howard Douglas, Ashburton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com
Map data ©OpenStreetMap contributors.