14 bedroom pub for sale

The East Dart Hotel, PL20 6TJ

£425,000

Property Description

Commercial information

  • Use class orders: A4 Drinking Establishments

Key features

  • Historic Dartmoor Village Inn & Hotel
  • Honeypot Tourist Location
  • 9 E/S Rooms. 2 Further Staff/Letting Rooms
  • Self-Contained 3 Bed Owners Cottage
  • 2.5 acre Grounds with Paddock & Stables
  • Must Be Viewed to be Fully Appreciated

Full description

Exceptional and historic Dartmoor hotel and village inn with 9 En-Suite Letting Bedrooms, Self-Contained 3 Bedroom Owners Cottage, 2 further En-Suite Staff/Letting Rooms, Main Bar (60+), Restaurant (36), Residents Lounge all set in extensive grounds which extend to over 2 acres, incorporate Customer Car Park, lawned Beer Garden and Trade Terrace (70), Stabling and Outbuildings and a Paddock. Substantial property and business which needs to be viewed to be fully appreciated.

THE PROPERTY
The East Dart Hotel is a famous and historic Dartmoor coaching Inn with origins dating back to 1861. The property comprises a substantial detached building of predominantly stone construction with rendered and painted elevations under pitched slate roofs and briefly comprising Main Bar (60), Residents Lounge, Restaurant/Function Room (30+). There are also 9 En-Suite Letting Bedrooms and an Owners Detached Cottage with 3 Double Bedrooms and 2 further En-Suite Letting Bedrooms, currently used for staff. Extensive gardens and grounds which extend to over 2 acres and incorporate attractive Trade Gardens, Car Park, 2 Stable Blocks, Kitchen Garden and a Paddock. As with the majority of business premises within Dartmoor National Park, the East Dart Hotel is subject to the terms of a Duchy Lease, full details available upon request.

SITUATION
The East Dart Hotel is located in the attractive moorland hamlet of Postbridge, a honeypot tourist location set in the heart of Dartmoor National Park and located adjacent to the B3212, a popular arterial route across Dartmoor, approximately 8 miles from Moretonhampstead and 12 miles from Tavistock. Postbridge is best known for its ancient Clapper Bridge dating back to 1380 and is a popular year round visitor attraction with many other famous historic features and attractions close by and being surrounded by picturesque moorland scenery and wildlife.

INTERNAL DETAILS
Main entrance to front into Entrance Lobby. Door to Reception Hall with doors into Residents Lounge, an attractive room with feature fireplace, close carpeting and soft furnishings. Restaurant/Function Room again an attractive room of similar character with feature fireplace and a range of quality tables and chairs comfortably seating 36 customers. Main Bar. An attractive character room with its own separate entrance to the front of the property. An extensive Bar Area with a wealth of original features including granite fireplace with cast iron multi-fuel burner, beamed ceiling, wall lighting, alcove areas, part carpeted, part natural wood flooring, pool table area, comprehensive range of bench and settle seating together with a range of comfortable country style furnishings for 60 covers plus standing area. Ladies & Gents WCs. Staff WC. Beer Cellar & Bottle Store. Commercial Catering Kitchen fitted with a comprehensive range of commercial catering equipment to include Altro flooring, 6-burner range, eye level grill, range of stainless steel worksurfaces with shelving below, double deep fat fryer, extractor system with stainless steel canopy, 3 microwave ovens, 2 upright fridges, upright freezer and large walk in fridge and freezer room. Wash Up Area with Altro flooring, double bowl stainless steel sink unit and commercial dishwasher (leased). Laundry Room.

LETTING ACCOMMODATION
There are 9 En-Suite Letting Bedrooms on the first floor with tea/coffee making facilities and colour televisions. Presented in excellent order, the letting bedrooms briefly comprise 5 Double Bedrooms including a Four-Poster Room, 1 Twin Bedroom, 2 Single Bedrooms and a Family Bedroom to sleep 4 guests. Laundry Area. Linen Room.

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.

EXTERNAL DETAILS
The property offers extensive Gardens and grounds which extend to over 2 acres, incorporating a Customer Car Park with adjacent Enclosed Lawned Beer Garden to the front with seating for 30 customers. To the rear of the property is an attractive Trade Patio Garden with bench seating for approximately 40 customers and a barbecue area. Further to the rear is Additional Parking and comprehensive Stabling Facilities briefly comprising 2 Detached Barns one of which houses 8 horses and is mainly used by pony trekkers and the other consisting of Double Car Port, 4 Loose Boxes, a Foaling Stall and Tack Room. There is also a well stocked Kitchen Garden together with a fully fenced Paddock.

PRIVATE ACCOMMODATION
A Detached Cottage offers self-contained owners accommodation and briefly comprises a large Kitchen/Breakfast Room, Lounge/Dining Room with feature fireplace, 3 Double Bedrooms, one with En-Suite Shower Room, Office and a Family Bathroom. Additionally, there are a Further 2 Double En-Suite Staff/Letting Bedrooms, each with independent access.

THE BUSINESS
Trading Style
The East Dart Hotel is a delightful character and renowned coaching Inn providing fine locally sourced and freshly produced food and quality ales and wines, within a comprehensively refurbished character building.

This quality Dartmoor Inn is well presented throughout having been the subject of a sympathetic programme of decoration and refurbishment both internally and externally. Enjoying an established reputation and a strong trade with excellent levels of regular repeat business and local following, which is boosted by year round visitors to the area and a destination trade from the surrounding villages and towns. In addition, the business has always been extremely popular with pony trekking clubs, walkers and hunts still meet at the Inn. Our clients have owned the business since June 2010 during which time they have carried out comprehensive redecoration and refurbishment. The Inn also has an established reputation for its quality letting accommodation and has been building a strong trade by making use of a number of accommodation websites. Our clients inform us that there is still plenty of untapped potential throughout all aspects of the business, and we believe The East Dart Hotel represents an excellent opportunity to purchase a well established and well regarded business which still offers genuine potential to develop all areas of the trade still further. The business has its own website www.theeastdart.co.uk and benefits from a 5 Star Food Hygiene Certificate and a TripAdvisor Award for Excellence. Our clients advise that they will be happy to provide a full handover and training to incoming operators should they so wish.

TRADING INFORMATION
We are advised that accounts for the year ending 31/10/2015 show sales of 205,000 net of VAT. The current trade split is 27% wet sales, 48.8% food sales and 24% accommodation sales. Through personal choice, our clients choose to trade the business for 11 months of the year, closing for most of January for holidays. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business currently trades between the hours of 11:00am and 11:00pm seven days a week during the summer months. During the winter months, the hours are 12:00 midday until 2:30pm Monday and Tuesday and 12:00pm until 11:00pm Wednesday to Sunday.

CURRENT STAFFING
The East Dart Hotel is run by our clients with the assistance of 2 full-time and 5 part-time/casual members of staff.

EPC
Requested - awaiting confirmation.

RATING
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
Oil-fired central heating, mains electricity, private spring water supply, private drainage and LPG gas for cooking and also for heating the private accommodation.

PRICE & TENURE
425,000 for the valuable free of tie Duchy leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion.

The property is held on the favourable terms of a new Duchy lease granted in ?? 2017 for the term of 30 years. Rent reviews are every 3 years with a current rent of 17,500 per annum. The rent is to exclude any improvements made by the tenant.

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.



More information from this agent

Nearest station

  • Okehampton (10.4 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest station

  • Okehampton (10.4 mi)
Distances are straight line measurements from centre of postcode

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