Excellent Freehold Public House In Devon For Sale

Business description

EXCELLENT FREEHOLD PUBLIC HOUSE - DEVON
Advised turnover of £3,000 PW with good GP returns
Early interest and viewing is highly recommended
Sale price includes all general fixtures and fittings
Close proximately to town centre and seafront
Ideal location in the seaside town of Exmouth
Well presented and appointed throughout
Ideal lifestyle change opportunity
Huge potential for change of use
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this excellent freehold public house which has stood proud in the town for many years. Since 2004 it has been owned and run by our client who is only now placing it onto the market due to the need for a lifestyle change. The pub achieves a very respectable advised weekly turnover of £3,000 which is derived from selling an excellent range of beers, wines and spirits, hot and cold beverages. The business is located close to the only nightclub in town and on Exmouths popualr club circuit. They are well known for their live DJ's and music offering a wide range of entertainment every Friday and Saturday and also accommodates darts and pool teams. The property is very unique as it has three self contained living flats which make ideal private owners' accommodation and provides an additional income from the other flats being let. The property is very well presented throughout with our client going to considerable expense and effort on the fixtures and fittings which are generously included in the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel that this is an ideal lifestyle change opportunity for a couple or individual who is looking to relocate to a popular seaside resort. There is also huge scope to develop the business into a cocktail/wine bar, bistro or restaurant by utilising the space on the first floor including the large patio terrace which offers space for BBQ's and dining. It also acts as a suntrap which is ideal during the summer months.

Property information

Property:

Freehold

Living accommodation:

Well presented 3 storey property offering ground floor combined bar, lounge and rear games area/dance floor with DJ booth plus 3 self contained flats on 1,2,3 floor all briefly comprising of: GROUND FLOOR Secure front entrance leading to open plan bar, lounge and games area with games & gamblers, sofa seating and low level tables, stool seating with high level tables, fitted bar with pumps and spirit displays, chillers and cash register plus behind bar storage area. Rear games and dance floor area with removable pool table, fully equipped DJ booth, darts and TV, male and female toilets and cellar with storage space. FIRST FLOOR Flat - Kitchen, 1 double bedroom, living room, office and bathroom. Large patio terrace. SECOND FLOOR Studio - Kitchen, bathroom and combined bedroom, living room and dining room. THIRD FLOOR Attic Studio - Bathroom and combined bedroom, living room and kitchenette. EXTERNAL Front roadside parking

Location:

This superb freehold public house is situated in the highly desirable and beautiful seaside town of Exmouth which is in Devon. The location of the business is ideal as it gives easy access to the town and is only a stones throw away from the seafront. The location to the seafront is also ideal as seaside visitors often look for nearby facilities to relax and refresh after a day at the beach. Exmouth is a highly popular seaside resort which sees visitors from across the UK and indeed abroad. The area offers everything you would come to expect from a modern and thriving town including excellent central shopping facilities, public transport networks, good schools and NHS services and a warm and welcoming local community. The town also benefits from being less than 8 miles away from the M5 making visiting and commuting very easy.

Business Operation

Trading hours:

Monday: 12:00pm - 11:00pm
Tuesday: 12:00pm - 11:00pm
Wednesday: 12:00pm - 11:00pm
Thursday: 12:00pm - 11:00pm
Friday: 12:00pm - 1:00am
Saturday: 12:00pm - 1:00am
Sunday: 12:00pm - 11:00pm