The Copper Key, Fore Street, North Tawton, Devon, EX20
- SIZE AVAILABLE
3,013 sq ft
280 sq m
- SECTOR
Pub for sale
- USE CLASSUse class orders: A4 Drinking Establishments
A4
Key features
- Rental Income: £23,400 p.a.
- Gross Initial Yield: 7.09%
- Comprises large public house with outdoor seating, beer garden, games room and
- Includes 4-bedroom owner`s accommodation at first floor
Description
Gross Initial Yield: 7.09%
Rental Income: £23,400 p.a.
VAT is NOT applicable to this property
Comprises large public house with outdoor seating, beer garden, games room and 4-bedroom owner`s accommodation
Situated within the rolling Devonshire countryside and within easy reach of Okehampton and Crediton.
Property Description:
Comprises large public house arranged as a ground floor bar & restaurant with 4-bed owner`s flat at first floor. The property benefits from outdoor seating and large beer garden, providing the following accommodation and dimensions:
Ground Floor: bar area, kitchen, WCs, storage, beer garden
First Floor: 4 bedrooms, 2 bathrooms, kitchen and lounge
Total GIA: 280 sq m (3,013 sq ft)
Tenancy:
The property is at present let to an Individual for a term of 6 Years 11 Months from 15th August 2024 at a current rent of £23,400* p.a. Rent review every 3rd year open market upward only. No breaks. Deposit held of £5,000.
*Tenant pays reduced rent of £20,800 p.a. for Year 1. The vendor will top-up rent until 14th August 2025, so the buyer receives the equivalent of £23,400 p.a. from completion.
Location:
North Tawton is situated within the rolling Devonshire countryside and within easy reach of Okehampton and Crediton. It has everyday amenities, which includes a mini Market, post office, butchers, chemist, deli/tea room, doctors' surgery, NHS dentist, veterinary surgery and a good primary school. North Tawton is located on the Tarka Trail and is fortunate enough to boast rugby, football and cricket clubs, bowls aerobics, yoga and badminton as well as a variety of societies including scouts, guides, youth club and drama group etc.
Brochures
The Copper Key, Fore Street, North Tawton, Devon, EX20
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lapford Station5.7 miles
- Okehampton Station6.1 miles
Notes
Disclaimer - Property reference copperkeyinn. 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 Blue Alpine, London. 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.
Map data ©OpenStreetMap contributors.