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Lamb Inn, The Square, Sandford, Crediton, Devon, EX17 4LW

Guide Price
£675,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Grade II Listed pub
  • Two bar areas and large function room
  • 7 attractive letting rooms
  • T/O £455,104 Y/E March 2023
  • Delightful beer garden with sundeck
  • EPC: Exempt
  • Christie & Co Ref: 3451543

Description

Description

The property is an attractive two storey building with an historic façade, adorned with red sandstone drawing in customers as they stroll past.

The inside has a cozy and traditional feel creating an intimate ambience with low beamed ceilings, wood panelled walls and snug corners. To the rear is a courtyard garden where guests can sit and relax in the sunshine.

Location

Nestled amidst the rolling hills and picturesque landscapes of Devon, the Lamb Inn stands as a testament to the region’s rich history. Dating back to the 16th century, this former coaching inn exudes character and charm, seamlessly blending tradition with modern comforts. Sandford, with its thatched-roof cottages and cobblestone streets, transports visitors to a bygone era.

Just a stone’s throw away lies the bustling market town of Crediton full of vibrant markets, artisanal shops, and centuries-old architecture creating a draw for visitors to the area throughout the year.

Internal Details

The property has seen continual improvement over the last few years, but has retained all of its original charm and 16th century character. There are c.60 internal covers across the bar area and function room, as well as a well equipped commercial kitchen behind the bar area.

The property also has seven well appointed letting rooms across the first floor, meaning there is a steady flow of B&B guests at the property many of which stay for meals and drinks in the evening.

Fixtures & Fittings

We are advised that all trade fixtures and fittings are owned outright and will be included (inventory provided once deal is agreed).

Letting Accommodation

There are seven spacious and luxurious rooms at the property with king size orthopaedic beds, underfloor heating and appealing en suite bathrooms. The rooms are typically priced at £105 a night and benefit from high occupancy rates throughout the year.

External Details

An attractive courtyard garden with a cobbled floor and seating for c.30. There is a separate covered sundeck overlooking the courtyard and a further grassed area, ideal for children, at the top of the garden

The Opportunity

Trading as a country pub with rooms, the Lamb Inn consistently offers a quality level of service and high standards of food and accommodation to retain its continuing popularity.

The business' reputation has been built steadily over the years, backed up by an excellent team of staff that could smoothly transfer to a new owner. A new operator would immediately benefit from the pubs excellent reputation and steady stream of clientele.

Staff

Some staff will need to be transferred under TUPE. A list of staff will be made available to seriously interested parties.

Trading Information

Net turnover to March 2023 was £455k. More detailed account information can be provided to seriously interested parties.

Trading Hours

The business trades five days a week from Wednesday to Sunday.

Tenure

Freehold

Business Rates

The property has a rateable value of £15,700. Payable amount is typically c.half of this amount.

Regulatory

Premises licence

Energy Performance Certificates

EPC 1

Brochures

Lamb Inn, The Square, Sandford, Crediton, Devon, EX17 4LW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Crediton Station2.0 miles
  • Yeoford Station3.5 miles
  • Copplestone Station3.8 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3451543-fh. 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 Christie & Co, Pubs & Restaurants. 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.

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