East Devon Roadside Inn For Sale

Business description

Prominent Roadside Inn In Excellent Location On Busy Tourist Route Close to Axminster & Lyme Regis. The Property Has Had Heavy Investment Over The Last 5 Years And Now Provides Superb Dining Accommodation As Well As A Traditional Wet Trade. There Are Approximately 78 Covers Within The 3 Main Trading Areas & In Addition There Are Numerous Outside Eating Covers. There Are 2 Main Bar Areas & A Formal Dining Room Which Can Be Used For Private Parties. The Large Rear Trade Garden Has A Paved Terrace Accessed Off The Dining Room & A Large Lawn Area. Excellent Owner''s Apartment With 3 Beds & Further Flat With 2 Bedrooms. Separate Chalet To Rear With Potential For Lettings.
The Renewable Lease Has 14 Years Remaining. The Lease Is Partially Tied But Is Free Of Tie On Wines Spirits & Minerals. Please Contact Jeremy Kelly Or Gary Roberts Shortly To Enquire If You Would Like To Arrange A Viewing On Your Requested Businesses. Our Recommended Broker Will Also Contact You Shortly To Assist You With Any Commercial Mortgage Requirements You May Have. Please Let Us Know If You Would Not Like To Be Contacted By Our Recommended Broker.

Property information

Property:

Leasehold

Lease terms:

Renewable Lease Expires In 14 Years. Partially Tied (Free On Wines, Spirits & Minerals). Next Rent Review in 2012

Living accommodation:

2 Apartments On First Floor. Main Self Contained Apartment With 3 Bedrooms & Second Apartment With 2 Bedrooms

Location:

Busy Roadside Location On Main A35 Near To Lyme Regis & Axminster.