Castle Inn, George Nympton, South Molton, EX36 4JE
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- SECTOR
Pub for sale
Key features
- 5 Months Net Sales - £119,395
- Net Profit c. 37%
- Wage Costs c. 10%
- 3 B&B Rooms + 2 Bed Owners Accommodation
- Presented to a High Quality
- Energy Rating D
- Christie & Co Ref: 3451563
Description
The Castle Inn is a charming establishment located in South Molton, Devon. This inn offers a cosy atmosphere with a variety of amenities, including a garden, private parking and a restaurant with bar area. Three lettings rooms are each equipped with a wardrobe, flat-screen TV and ensuite. There is also the added benefit of a three bedroom owners accommodation.
The Castle Inn is conveniently situated near local attractions like Lundy Island and Royal North Devon Golf Club, making it an ideal spot for both relaxation and exploration. The business has good local trade whilst also attracting visitors from surrounding towns.
George Nympton, also known as Nymet St George, is a charming village and civil parish located in North Devon, England and it offers a peaceful rural lifestyle. The village is surrounded by picturesque countryside and is home to several historic buildings, including the Grade II* Listed St George's Church. George Nympton boasts a strong sense of community and its proximity to South Molton provides convenient access to local amenities while maintaining a tranquil atmosphere.
Internal DetailsUpon entering The Castle Inn, you'll be captivated by its impeccable condition and tasteful décor. To the left, you'll find a welcoming dining area, while the bar area is situated to the right, with an additional sitting area nestled behind. The property boasts high ceilings and large windows, flooding the space with natural light. The ground floor features a commercial kitchen, utility area, store room, toilet facilities, and a cellar, with convenient access to the garden and first floor accommodation.
A stunning staircase leads to the letting rooms and owner's quarters. There are three beautifully appointed letting rooms, each with an ensuite bathroom, and two of these rooms benefit from dual aspect windows, enhancing the light and airy feel.
The owner's accommodation includes an open-plan kitchen and sitting area, along with two bedrooms, each featuring an ensuite bathroom.
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 owners.
Letting AccommodationThere are three ensuite letting rooms at The Castle Inn, all featuring double beds.
External DetailsThere is parking to both the front and rear of the property for approximately 12 spaces, and the same can be said for external seating, with a small area at the front of the pub and a larger seating area to the rear.
Owner's AccommodationThe owner's accommodation includes an open-plan kitchen and sitting area, along with two bedrooms (4 and 5 on the floorplan), each featuring an ensuite bathroom.
Other PropertyTo the side of the property is a set of outbuildings, formally the skittles alley. Currently used predominately for storage, this area can be regenerated to help business growth.
The OpportunityWith a strong focus on food, The Castle Inn enjoys a strong net profit and already enjoys excellent online reviews. The potential to expand the B&B side of the business offers additional growth prospects as well as extending the opening hours. Nestled in a picturesque setting, the property also includes comfortable owners' accommodation, making it an ideal choice for those looking to combine a profitable venture with a beautiful lifestyle.
Trading InformationNet Sales to October 2024 to February 2025 - £119,395.
Historically high net profit, circa 37%
Historically low wages, circa 10% of turnover.
More detailed accounts to follow.
Monday: Closed
Tuesday: Closed
Wednesday: 17:30 - 22:00 (Bar Only)
Thursday: 09:30 - 15:00 / 17:30 - 22:30
Friday: 09:30 - 15:00 / 17:30 - 22:30
Saturday: 09:30 - 15:00 / 17:30 - 22:30
Sunday: 12:00 - 21:00
The property is being sold Freehold.
Business RatesThe current rateable value is £8,700, however various government grants may apply.
Energy Performance Certificates
EPC 1Brochures
Castle Inn, George Nympton, South Molton, EX36 4JE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- King's Nympton Station4.5 miles
- Portsmouth Arms Station4.9 miles
Notes
Disclaimer - Property reference 3451563-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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