A thriving and popular pub situated in the sought after North Devon Village of Braunton, only a short drive from the beautiful beaches and coastline of Saunton Sands, Croyde and Woolacombe. A business with many facets and substantial trading areas, making this not only a strong operation but a great lifestyle business too.
The property briefly comprises:-
With two sets of double doors leading to:-
(Circa 24 covers). Traditionally decorated and carpeted with exposed ceiling and upright beams.
(Circa 22 covers). With centrally positioned timber topped and fronted bar servery continued in the same style. Carvery Unit situated beside the main bar servery with flagstone flooring, surround and a table for 4 in front. Interlinking with the dining room and leading down steps to separate seating area with seating for 6, plus a further 3 at a leather sofa and armchair.
Large open space with five flat screen, wall mounted televisions and pull down screen. Tounge and groove panelling to dado height with part exposed timber ceiling beams. Main focal, timber topped and fronted bar servery. Seating for circa 50 at a range of differently styled tables, chairs, leather sofas and bar stools. Awp and pool table.
Providing, secondary access to sports bar and function room.
Large spacious room with dedicated skittle alley, dj booth/bar and carpeted throughout. Sophisticated lighting system and equipment, tables and chairs for 80+.
Recently refurbished accommodating approximately 10 delegates.
Fully Equipped with main extraction situated behind the main bar servery.
Further back of house storage space with dry cellar and a number of freezer rooms. Separate bin store.
Two flats both situated at first floor.
KITCHEN3 double bedrooms living room with dual aspect.Family bathroom
Separate one bed flat with:-bedroom living roomkitchen bathroom(Currently let at £85 per week).
Lawned beer garden with childrens play equipment, two sections of seating to main frontage with pub benches seating in excess of 70. Separate patio area with two sets of steps down to further seating area.
3 lock up stores/garages
(2 of which are rented out). Car parking to front of pub which is managed by the Local Authority, although customers are given tickets from the pub to park.
£33,500. Council Tax Band B. For information on rates payable, we advise you to contact the Local Authority, North Devon Council. Tel.
The Aggi' as the pub is affectionately referred to, is a thriving business situated in the centre of this large village; the gateway to the beautiful coastline and surf beaches of North Devon. The business is operated by a single proprietor with the support of full time and part time staff. The Aggi has many facets and income streams derived from the sports bar, the food offering, carvery, wedding and function trade, skittle trade and conference facilities. The Aggi is well known for its carvery which is available on lunch times and evenings on a Sunday at £8,95. This compliments the usual day time and evening menu providing pub classics at affordable prices. The business is approximately 65% wet led with a big traditional pub following enjoying the sports bar and skittle facilities in the function room. The pub has two men's skittles teams, two ladies skittles teams, a ladies and mens darts team and two pool teams.
The function room also provides a popular and large space to hold weddings, wakes and functions. The Aggi has an extremely strong turnover achieving £446,182 (ex VAT) for the year ending 5th April 2015 with a strong abridged net profit. Further trading information will be provided to bona fide applicants, following a formal viewing arranged through the Sole Selling Agents, Bettesworths.
We have been informed that the pub is held on a Enterprise Inns, Fully Repairing and Insuring Lease, with 15 years unexpired, at a current rent of £48,000 per annum. The pub is tied for beer, bottled beer, ciders and alcopops and is free for all other products.
We have been informed that the property is connected to all mains services and is centrally heated throughout off two separate boiler systems.
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.