POPULAR COASTAL VILLAGE PUB RESTAURANT, SALES £300,000 NET, ATTRACTIVE FREE OF TIE LEASE RENT £18.000 P.A. LOUNGE BARS & DINING 70, COURTYARD GARDEN 100+, LETTING APARTMENT PLUS OWNERS FLAT

Tenure
Leasehold
Rent (per annum)
£ 75,000
Description
This delightful freehouse, pub and restaurant is located at the head of the River Teign estuary on the south Devon coast adjacent to Teinmouth. With a successful trade building on net sales of around £300,000 excluding VAT, the advised split on trade is around 65% food to 35% wet sales. Very attractive lease, rent only £18,000 p.a. Nice inside trading areas accommodate 70+ covers, lovely courtyard garden trading fro 100+ with waterside access. Letting apartment plus ones flat included. Good all year round trade plus peak season trading.

The Premises & Trading Facilities
Nicely presented internal trading areas comprise a lounge bar with additional raised seating area, two section dining room, in all easily accommodating around 70+ throughout. Fantastic courtyard garden trading space for 100+ with access to the waterfront. Self contained letting apartment on the first floor plus second floor owners flat. Good commercial kitchen facility and ancillary areas.

Owners Accommodation
There is a self contained letting apartment on the first floor comprising a living kitchen, double bedroom and shower room. Second floor accommodation comprises 2 rooms and a bathroom.

Address
Verbena Terrace, Ringmore Road, Shaldon, Teignmouth, Devon TQ14
Post Code
TQ14 0AQ
Under Offer
No
Reference Number
19784
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