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Pub for sale

Exeter Inn, 68 High Street, Topsham, Exeter, Devon, EX3 0DY

Guide Price
£395,000

£75.57 per sq ft

Business rates & charges may apply

Vickery Holman, Leisure
SIZE AVAILABLE

5,227 sq ft

486 sq m

SECTOR

Pub for sale

Key features

  • Traditional public house in sought after estuary town
  • Ground floor public bar with central bar servery
  • Ground floor kitchen and lounge with 5 bedrooms on first floor
  • Closed and requiring investment
  • Customer beer garden plus enclosed courtyard with outbuildings
  • Parking space
  • Detached property at the end of the High Street
  • Rare freehouse opportunity in this location

Description

The Exeter Inn has long history as a public house and is a detached, locally listed, building on Fore Street within the Topsham conservation area. Please note that the agent nor their clients have previous trading accounts.

Location

Topsham is situated to the South of Exeter on the east side of the River Exe between Exmouth and Exeter. The town and ward has a population of over 10,000 and has grown considerably in the past 10 years. Topsham was designated a town by a 1300 royal charter, until the Exeter urban district was formed. It is served by Topsham railway station on the branch line to Exmouth.

Topsham is around 5 miles south of Exeter. Exeter is well served by transport communications with the M5 running to the east of the city, an Intercity railway station and a regional airport a short distance to the east of the city.

The Exeter Inn is at the Exeter end of the High Street.


Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Customer entrance via lobby to open plan public bar comprise three interconnecting rooms. Central bar (7.1m x 4.7m) with long bar servery, corner seating area and space for 12 covers. Feature open fireplace. Seating area (9m x3.6m) with triple aspect and providing space for 24 covers. Exposed ceiling beams. Feature fireplace. Rear seating area (4.7m x 3.9m) with space for 8 covers and having access to courtyard beer garden, ladies and gents WCs, back of house/upper floor. Beer cellar (5.5mx 1.8m).

Private Accommodation:
Ground floor lounge (4.8m x 3.7m) through to kitchen (5m x 2.4m) with gas fired boiler and rear access door.
First floor with landing and access to shower room and WC and separate bathroom and WC, Bed room 1 (4.8m x 3.7m) with WC and wash hand basin, Bedroom 2 (3.7m x 3.5m). Bedroom 3 (4.2m x 3.5m), Bedroom 4 (3.7m x 3.5m). Bedroom 5 (5m x 2.4m).

Outside:
To the side of the of the property there is a single parking space and the enclosed courtyard can provide vehicular parking to the rear for a further 2/3 cars. Enclosed beer garden with part covered smoking area. Rear courtyard with outbuildings understood to have been a former blacksmiths which provide useful storage over a number of interconnecting rooms and one self contained wood store - in all c70 sqm/750sft


Planning

Sui Generis for pub use. The premises licence will transfer on sale.

Rent / Price

The Exeter Inn is available freehold with a guide price of £395,000 plus VAT.

Conditions of Sale:

The Purchaser will be required to pay an abortive legal fee deposit of £5000 (to be held by the Seller's solicitor) prior to the release of the legal package.
The Purchaser will have 15 working days from the date the legal package is released from the Seller's solicitor to the Purchaser's solicitor to exchange contracts. If the Purchaser exchanges contracts within such period, the abortive fee deposit will be credited against the purchase price. If the Purchaser withdraws from the transaction or contracts are not exchanged within such period the abortive legal fee will be forfeited.
The Seller will undertake to provide timely responses to the Purchasers enquiries and comments to facilitate their ability to exchange contracts within the required time. The deposit will be refunded if the Seller is unable show good title (assuming any issue arising cannot reasonably be covered by insurance) or withdraws from negotiations within the required time (save where due to the Seller revising the agreed terms). If exchange shall not occur within the required time, the Seller shall be free to withdraw from the transaction and retain the abortive legal fee deposit.
Upon exchange of contracts the Purchaser will pay a further deposit of 10% of the total purchase price. Completion to be 15 working days thereafter


Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £15,200 until April 2026. This is not what you pay and please check this directly. Current government support in the sector provides for 40% relief on rates payable.
Council tax band B.

Contact our team of business rates experts if you have a query about the rateable value of this property


Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C(68)


Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Brochures

Exeter Inn, 68 High Street, Topsham, Exeter, Devon, EX3 0DY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Topsham Station0.3 miles
  • Newcourt1.1 miles
  • Exton Station1.7 miles

About Vickery Holman, Leisure

Walsingham House, Newham Road, Truro, TR1 2DP

Vickery Holman is a multi-disciplined property company who have been trading in the south west since 1848.

With offices in Exeter Plymouth and Truro, we pride ourselves on our local property knowledge and regional coverage. We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors.

Can’t find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 20947FH. 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 Vickery Holman, Leisure. 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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