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Exeter Based Freehouse For Sale

(Ref: WBFS475)

Devon, United Kingdom

Financials

Asking price: £450,000

Sales revenue: £340,000

Net profit: 0 - £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Set just outside of Exeter, county town of devon, the pub is in good condition and is leased from the national trust at just £100.00 per year Free of Tie. A beautifull looking and inviting pub, well worth a look to people looking for a freehouse in lovely part of devon. With en-suite letting rooms, restaurant and bar.

Years established: 200

Employees: various

Trading hours: Open traditional pub hours.

Property: Leasehold


Lease terms
National trust lease, 21 years to run, extendable and only £100 per annum. Total free of tie. Copy of the lease available to parties after initial viewing.

Living accomodation
Owners accommodation plus 3 bed staff flat.

Location
Set just outside of the Beautiful city of Exeter. The pub is in a prime rural setting yet within easy reach of the city. Set back off the road with nice gardens in front and to the rear with a large car park.

Expansion potential
Vast amount of trade from exeter,could so easily be a drive to food led destination pub, for either families or the more mature market, or both.

Competition / Market
One other pub in the village, but nothing else.

Financing available
we can introduce you to a number of contacts who can help with business finance to taylor your individual needs


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