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SOLD STC

The Crown Inn, West Down, EX34 8NF

£545,000

Business rates & charges may apply

STONESMITH, Exeter
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments

A4

Key features

  • Attractive Character Village Inn With Letting Rooms
  • Extended & Refurbished To A High Standard Throughout
  • Character Bar & Interconnecting Dining Areas (70+)
  • Catering Kitchen, 4 Ensuite Letting Beds, Large Beer Garden
  • Spacious 2 Bed Owner's Apartment, Private Owner's Garden
  • Profitable Business With Tremendous Potential For Growth

Description

THE PROPERTY
The Crown Inn is an impressive 300-year-old village inn, which was extensively refurbished and extended in 2011, enhancing and improving the original building. Presented to a high standard throughout, the owners have created a purpose fitted and equipped building which was significantly extended to create additional dining areas and first floor letting bedrooms. The original charm and character main bar areas were retained, and enhanced with modern dining areas, creating a superior trading environment. This quality destination village inn briefly comprises:- Character Main Bar Areas (40+), Dining Area (14+), Sun Room Restaurant (16+), fully fitted Commercial Catering Kitchen, 4 high quality Ensuite Letting Bedrooms, spacious Owner's Accommodation with a Double Bedroom, spacious Lounge/Dining Room with open plan Kitchen, Bathroom, Two Attic Rooms and a Shower Room. Externally, and a real feature of this business is the spacious enclosed Beer Garden with Patio and Lawned Seating Areas (40+), Owner's Private Garden Area and a Customer Car Park. The Crown Inn is a well-regarded, high quality, multifaceted business and is undoubtedly a special place to live and work. A viewing is strongly recommended to fully appreciate all that this attractive Devon destination country village inn and restaurant with rooms has to offer.

SITUATION
The Crown Inn is the only pub in the village of West Down, which is set amidst unspoilt open countryside within North Devon and lying around 0.5 of a mile off of the A361 which links Ilfracombe to the north with Braunton and Barnstaple to the south with access to the North Devon Link Road. West Down is approximately 3.5 miles south of Ilfracombe and approximately 5 miles north of Braunton. The village has a population of approximately 730 residents, which is increased by visitors to the campsites and holiday accommodation, within the village. West Down is a vibrant and sought after village with a range of facilities and amenities including a parish church, primary school, community shop, parish hall and community playing field. The village has an array of local clubs and activities and prides itself on a thriving community spirit. The nearby coastal town of Ilfracombe with its quaint harbour and seafront offers a range of day-to-day facilities and secondary schooling. West Down is within 5 miles of the popular and award-winning beach resort of Woolacombe on the dramatic North Devon coastline, with other sandy beaches in close proximity at Saunton Sands, Croyde and Putsborough. Approximately 10 miles east is the rugged Exmoor National Park and the regional centre of Barnstaple is approximately 11 miles to the southeast, with a wide range of shopping facilities and amenities.

INTERNAL DETAILS
Customer entrance door to the front into Main Bar Area an attractive character room with part carpeted and part flagstone flooring, exposed ceiling beams, part wood panelled walls, feature exposed stone fireplace with inset double-sided woodburning stove, wall mounted menu boards, range of quality freestanding wooden tables, chairs and fixed upholstered bench seating comfortably for 28 customers plus standing room. Middle Bar a continuation in style and character with part wood and part flagstone flooring, exposed ceiling beams, part wood panelled walls, feature exposed stone fireplace with inset double-sided woodburning stove, wall mounted menu boards, range of freestanding wooden topped tables and quality chairs comfortably seating 12 customers plus adequate standing room. Bar Servery brick fronted and timber topped and also serving the Main Bar Area and fitted with a range of associated back bar fittings, display shelving, 2 double glass fronted bottle fridges, EPOS touch screen cash register with printer link to the kitchen, commercial coffee machine, coffee grinder, glasswasher, stainless steel sink unit, single glass fronted bottle fridge and ice machine. Rear Dining Area with wooden flooring, part wood panelled walls, wall mounted colour television, wall mounted menu boards, freestanding wooden topped tables and upholstered quality chairs comfortably seating 14+ customers. Sun Room Restaurant another attractive dining area overlooking the patio and beer garden with 3 sets of patio doors leading out, wooden flooring, exposed ceiling timbers, range of freestanding wooden tables and chairs comfortably seating 16+ customers. Commercial Kitchen with tiled flooring and part tiled walls, equipped with a range of commercial catering equipment to include:- extractor system with stainless steel canopy over, 6 burner gas range, twin floor standing deep fat fryer, single floor standing deep fat fryer, Rational combi oven, stainless steel worksurfaces, stainless steel shelving, stainless steel sink unit, stainless steel hand basin, dishwasher, under counter fridge, 4 under counter freezers, upright freezer, upright fridge, warming cabinet, 4 microwave ovens, heated warming lamps, door to side and service yard area. Beer Cellar temperature controlled. Ladies, Gents and Disabled WC's.

LETTING ACCOMMODATION
The business offers 4 Well Appointed High Quality Ensuite Letting Bedrooms on the first floor, which are self-contained with their own independent access. Each of the letting rooms offers quality ensuites, remote control colour TV's, hospitality trays, hairdryers, Wi-Fi and alarm clock radios with wireless phone chargers. The letting bedrooms briefly comprise:- Bedroom 1 a king size double bedroom with an Ensuite Shower Room. Bedroom 2 a super king double/twin room with zip and link beds and an Ensuite Shower Room. Bedroom 3 a king size double bedroom with an Ensuite Shower Room. Bedroom 4 a double bedroom with an Ensuite Shower Room. Roof Garden Area for guests, to the rear of the property. Laundry Room with washing machine and tumble dryer.

OWNER'S ACCOMMODATION
Situated on the first floor and second floors is the spacious owner's accommodation which briefly comprises:- Lounge/Dining Room a spacious room with dual aspect windows to the front and an open plan Kitchen fitted with a range of modern base and wall mounted kitchen units, complementary work surfaces and a built in gas hob, electric oven and extractor unit. Main Bedroom a generous double bedroom with aspect to the front. Bathroom with shower over the bath. Attic Room 1 has been used by the current owners as a double bedroom. Shower Room. Attic Room 2 with no natural daylight, used for storage or as an office.

EXTERNAL DETAILS
To the front of the property is a Customer Car Park and bench seating. Further unrestricted customer parking is available and there is also a free village carpark. To the rear, and a real feature of this property is the gardens which incorporate an attractive Lawned Beer Garden being fully enclosed with a Patio Terrace Area, currently offering seating for around 40 customers but with space for more, established trees and shrubs, 3 Wooden Sheds and a Wooden Summer House. Beyond this is an Owner's Private Garden Area again fully enclosed and mainly laid to lawn with established fruit trees, a Vegetable Patch, and a Greenhouse.

THE BUSINESS
The Crown Inn has been owned and operated by our clients for the last 17 years and has undergone substantial redevelopment and refurbishment over recent years, resulting in an impressive destination village inn, being finished to a high standard throughout. The business provides an exceptional trading environment equipped with quality fixtures, fittings and trade inventory. The letting bedrooms have proved extremely popular with guests, enhancing the business. The high standards inherent throughout the inn ensure excellent levels of regular repeat business and word of mouth recommendations. The Crown Inn benefits from numerous excellent reviews on TripAdvisor and Google and boasts a rating of 9.1 superb, on Booking.com. The location of the business ensures that trade comes from a wide catchment area with a seasonal boost from several campsites and holiday accommodation providers in the village and immediate vicinity. Passing trade is also generated with prominent signage on the A361 main road. The Crown Inn is also well supported by the village and the wider community. The business has its own website which provides further background information and the letting rooms are listed with Booking.com. The business undoubtedly offers further potential for incoming operators, with opportunities to extend the opening hours which are 5.30pm to close Wednesday to Saturday and midday to 3pm on Sunday. Closed all day Monday and Tuesday. There is also the potential to develop all aspects of the trade and for further marketing and advertising initiatives. A formal viewing is essential to fully appreciate everything that this attractive multifaceted business opportunity has to offer.

TRADING INFORMATION
Sales for the year ending 31st May 2019 show sales of £253,378 excluding VAT with profits in the order of £70,000 (before rent) and an advised trade split of 50% food sales, 25% wet sales and 25% accommodation sales. The figures for 2020 are anticipated to be similar. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

EPC
B - 47.

The Crown Inn, West Down, EX34 8NF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station6.4 miles

About STONESMITH, Exeter

Suite B, Castle View Barns, Woodmanton, Exeter, Devon EX5 1HQ

STONESMITH, Exeter

Stonesmith are a leading business transfer agent specialising in pubs for sale, hotels for sale, catering businesses for sale and leisure and hospitality businesses for sale in the Westcountry / South West including Devon, Cornwall, Dorset and Somerset.

Our team has over 75 years combined experience in dealing in the sale and acquisition of licensed, leisure and hospitality properties, and businesses throughout the Westcountry / South West.

Contact us for a free, no obligation con

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Disclaimer - Property reference 4828. 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 STONESMITH, Exeter. 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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