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A Beautifully Restored And Refurbished Fishermens Inn For Sale

Brixham, Devon, UK
Asking Price:
£500,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The New Quay Inn is believed to be one of the port’s oldest pubs. The building, originally three quayside cottages, is shown on the earliest maps of Brixham, dating back to the 1700's and is a Grade II Listed property. The building has recently undergone a full and sympathetic refurbishment programme and was reopened in 2014, under its original name of The New Quay Inn. The building is a narrow but spacious four storey, end of terrace property with feature bay window at ground floor level. The pub benefits from outside seating to the lane immediately outside and is less than 100 meters from the Quayside.

Property Information

Property:

Freehold

Location:

The New Quay Inn is situated on the corner of New Quay Lane and King Street in Brixham's historic Quayside area. The three coastal resorts of Torquay, Paignton and Brixham together form the Borough of Torbay with an indigenous population of over 120,000 and popularly known as The English Riviera. Brixham, at the south of Torbay, is a holiday resort in its own right and also an important fishing port with a colourful and busy harbour. Brixham has a long and interesting history, principally as a major fishing port and also as the landing place of William of Orange. In more recent years, Brixham has established itself as a popular & increasingly prestigious resort town – highly regarded by visitors and residents alike. In the late 1980’s a major scheme for the redevelopment of a substantial area of the harbour and foreshore took place which included a 500 berth Marina, a promenade around the harbour linking the town centre and the breakwater, a 350-space car park and the development of houses, flats and shops.

Premises Details:

The accommodation briefly comprises:-

Entrance porch
Leading to:-

LOWER GROUND FLOOR BAR
A beautifully presented trading area, bursting with character. Low hung timber ceiling beams and uprights, slate flooring, part exposed stone walls and centrally positioned timber topped and fronted BAR SERVERY with bespoke back bar fitting. The room has covers for 18+ with seating at a range of timber settles, spindle back chairs, upholstered captain’s chairs and a variety of round and oblong timber tables. Feature exposed stone fireplace to far end with cast iron wood burner. Various nautical ‘bric a brac’ adorns the walls, making this a very cosy trading area.

Door to:-

LOWER GROUND FLOOR TEMPERATURE CONTROLLED BEER CELLAR

Staircase up to:-

GROUND FLOOR TRADING AREA
A bright and airy, stylishly presented character room with feature bay window to far side. Part exposed stone walls with tongue and grove painted panelling to dado height. Seating for a further 18+ at a range of tables and chairs as before, with leather chesterfield sofa, wood effect laminate flooring, feature stand-alone cast-iron wood burner and main door to outside.

Through to:-
LADIES & GENTS CLOAKROOMS

GENTS
2 Urinals, 1 WC, 2 wash hand basins, tiled walls and non-slip flooring.

LADIES
2 WC's, 2 wash hand basins, part tiled walls and non-slip flooring.

Corridor with separate door to outside.

FIRST FLOOR

COMMERCIAL KITCHEN
Immaculate professional kitchen which is fully equipped with electric hob and range, double deep fat fryer, main canopy extraction, hot cupboard, salamander grill, uPVC clad walls, non-slip flooring, various counters, stainless steel refrigeration, 2 x commercial microwaves, commercial dishwasher, double deep sink and swing door.

STORAGE ROOM
With wall mounted combi boiler, domestic kitchen units, various refrigeration, shelving and lino flooring.

LIVING ROOM/KITCHEN/DINER
Stunning triple aspect room divided into two parts with feature bay window. Exposed stone wall to far elevation, cast iron wood burner, kitchenette with domestic units and sink. Built in cupboard.

SECOND FLOOR

BATHROOM
With roll top bath, WC, corner power shower, wall mounted towel rail, carpeted tongue and groove panelling to dado height.

DOUBLE BEDROOM
With exposed stone wall.

DOUBLE BEDROOM

SECOND BATHROOM
With WC, wash hand basin, and corner shower.

DOUBLE BEDROOM

OUTSIDE
We have been informed that the premises has the benefit of a pavement licence, allowing seating at 4 pub benches.

GENERAL INFORMATION

RATEABLE VALUE
2017 List: £27,250. Please note this is Not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

THE BUSINESS
The New Quay Inn is a real gem of a pub, situated in Brixham's famous Quayside area, at the junction of the main town centre retail area and the inner harbour. The building has been synthetically refurbished to an exceptional standard and oozes character and quality throughout.

The business has been re-established as a popular, traditional pub, which offers a great variety of real ales, larger and ciders together with spirits and wines.

The pub has traded very successfully under our client’s ownership, operating as a traditional but contemporary pub offering both food and drink throughout the week. However, more recently the owners have decided to concentrate on the wet side of the business only and limit trading hours to suit their lifestyle, which has been a great success. There is therefore a huge opportunity for a new owner to reintroduce the food element given its popularity before, especially given the New Quay Inn’s first-class commercial kitchen which is ready to operate again.

The New Quay Inn is currently closed Monday to Wednesday, reopening for Thursday, Friday and Saturday evening, trading from 5pm-11pm and Sundays from 4pm-9.30pm. Again, given the pub’s previous performance over extended trading hours, this is aspect of the business which could be changed to generate more business.

With the recent boom in Brixham's property prices (recorded in May 2022 to be the fastest rising real estate values in the country) the New Quay Inn has an underlying property value given that it has planning consent to be converted back to a residential dwelling, should a new owner decide to go down that route.

The sale of The New Quay Inn presents a very rare opportunity to buy a freehold pub in this most sought-after fishing port and would suit either a young couple wishing to take full advantage of the trading position and opportunity or alternatively, perhaps a semi-retired couple looking to relocate to this beautiful part of the world.

Further trading information will be given to bona fide interested parties upon a formal viewing, arranged through the Sole Selling Agents, Bettesworths.

SERVICES
All main services connected to the property and gas fired central heating.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

STOCK
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

Energy Performance Rating:
C

Other Information

Related Documents:

Contact Bettesworths

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