Red Lion Hotel, Rookery Hill, Oakford; Tiverton, EX16 9ES

Situated close to Exmoor. The Grade II Listed Red Lion Hotel, believed to date back to 1750, has undergone extensive renovation work in recent years but still maintains the atmosphere of a local Devon pub. Above the fireplace is a re used late 16th Century lintel and there are early 19th Century sash windows to the front of the property. It is understood that throughout its life, the building has been used as a public house, a record that was nearly lost in the early 21st Century when the then owner sought to convert into flats.

In earlier days, the property was used as a coaching inn and the original stables and coach house still stand adjacent to the property, although under separate ownership.
The current owner took over The Red Lion in 2018 when it was in a dilapidated state, modernisation and refurbishment then took over before the site re opened in 2019.

The Red Lion Hotel is situated in Oakford, an historical parish North of Tiverton. The River Exe and Exmoor National Park, famous for its scenic walks are just a short distance away. Oakford parish has an approximate population of 384.

The entrance to the pub immediately grabs your attention, with flagstone flooring leading you in. To the right hand side you have the bar area, with 24 covers and a large fireplace with wood burner. To the left of the entrance you will find the restaurant area, with 24 covers and a decorative fireplace capturing your attention with a small wood burner. The cellar is situated underneath the bar servery. There is a corridor behind the bar which leads to the cloakrooms and kitchen area. The fully stocked commercial kitchen also has a pot wash area and store/laundry room.

From the corridor there are stairs leading you to the Bed & Breakfast accommodation. A bright and open landing space with four letting rooms, all with ensuite. There are three double rooms and a family room, comprising of one double bedroom and a twin room.

On the second floor of the Red Lion Hotel is a two bedroom, two shower room space with lounge that has been previously used for staff/owners accommodation.

All fixtures and fittings are owned outright and are included in the sale price, except a few personal items which will be retained by the owner.

There are currently four ensuite letting rooms. Three double rooms and a family room benefiting from a double room and a twin room.

Opposite the front of the pub is parking for approximately six cars, as well as a garden with seating for 24.

There is an opportunity for new hands on owners to come in and maximise both the local trade as well as attracting trade from surrounding towns and villages.

The Bed & Breakfast rooms are of a high quality and this side of the business can be grown with some focused marketing.

Turnover for 2023: £275,341
Gross Profit for 2023: £131,782
Wage costs %: 36.7

Revenue Splits
Food: 51%
Beverage: 26%
Accommodation: 21%
Other: 2%

The current trading hours are as follows:
Monday: 16:30 - 22:00
Tuesday: 16:30 - 22:00
Wednesday: 16:30 - 22:00
Thursday: 16:30 - 22:00
Friday: 16:30 - 23:00
Saturday: 16:30 - 23:00
Sunday: 12:00 - 20:00

Food is served 18:00-20:30 Monday to Saturday and 12:00 - 15:00 on Sundays.

The property is being sold Freehold.

The current rateable value is £6,100. However, The Red Lion is currently exempt from paying business rates.

The property has a full Premises Licence.