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Property Listing Details

Pub/bar for sale

Newton Tracey, Nr Barnstaple EX31

£450,000

(£450,000.00/sq. ft)

Features

  • floor area1 sq. ft
  • Character Country Village Freehouse
  • Extremely Well Presented Throughout
  • Bars (38+), Dining & Function Areas (82)
  • Trade Gardens (54), Car Parking (60+)
  • Run Completely Under Management

Description

The property The Hunters inn is a charming character detached village public house with origins reputedly dating back to the 16th Century. This attractive and traditional high quality country village inn is presented to a high standard throughout and has been the subject of sympathetic upgrade and improvement, whilst retaining the original charm and character with features such as open fireplaces with woodburners and heavily beamed ceilings. The property has been sympathetically modernised and improved throughout by our clients during their 10 years of ownership and this deceptively spacious freehouse briefly comprises:- Hunters Bar (26 plus standing room), Stags Bar (12 plus standing room), Beagles Dining Area (26 plus), The Stables Dining Room/Skittle Alley/Function Room a versatile room (56), well equipped Commercial Catering Kitchen with ancillary facilities, Owners Family Sized Accommodation with 3 Bedrooms, Bathroom and a large open plan Sitting Room/Dining Room with fitted Kitchen. Externally, the property benefits from a substantial Customer Car Park for 60 plus vehicles, a lawned Trade Garden and a Patio Trade Terrace (54).

Situation The Hunters Inn is situated in the delightful and favoured village of Newton Tracey, adjacent to the B3232 in the North Devon countryside. Situated approximately 3 miles south of the A39, the main Barnstaple to Bideford link road which is also a popular tourist route year round, and particularly during the peak summer months. The village is also situated approximately 4 miles from the regional centre of Barnstaple, 5 miles from the coastal town of Bideford and 6 miles from the town of Great Torrington. North Devon’s famous coastline with its excellent range of safe and sandy beaches provide numerous watersport opportunities and walking country in abundance is within easy access.

Internal details Entrance door to rear leading from main car park to Entrance Vestibule with door into Hunters Bar a n attractive character trading area with carpeted flooring, heavily beamed ceilings, part wood panelled walls, feature fireplace with Inglenook and inset woodburning stove, range of freestanding wooden tables, chairs, low stools and window seating comfortably for 26 customers plus standing room. Polished wood topped Bar Servery fitted with a full range of fixed back bar fittings with display shelving, Altro flooring, 2 double glass fronted bottle fridges, maitre d’ touch screen cash register with computer link to kitchen, hand basin and glasswasher. Stags Bar again an attractive character trade area with carpeted flooring, beamed ceilings, feature stone fireplace with open fire and bread oven, wall mounted menu boards, range of freestanding wooden tables and chairs comfortably seating 12 plus bar stools. Open plan through into Beagles Dining Area again a continuation in style, them and ambience. A character room with carpeted flooring, heavily beamed ceilings, range of freestanding wooden tables and chairs comfortably seating 26 customers, waitress station with maitre d’ touch screen cash register with printer link to the kitchen. The Stable a versatile and multifunctional room adjacent to Hunters Bar used as a restaurant, skittle alley and function room. Again a continuation of style, ambience and character with part carpeted flooring, solid wood Skittle Alley, exposed ceiling timbers, French doors leading to rear trade patio area, range of free standing wooden tables and chairs comfortably seating 56 plus customers. Commercial Kitchen with tiled flooring and fully tiled walls, fitted with a comprehensive range of commercial catering equipment to include:- 6burner gas range, chargrill, twin floor standing deep fat fryer, 4-burner gas range, 2 eye level grills, warming cabinet, comprehensive range of stainless steel worksurfaces with shelving below, stainless steel shelved serving gantry with warming lamps, saladette, 5 commercial microwave ovens, table top deep fat fryer, stainless steel hand basin, twin bowl stainless steel sink unit, commercial dishwasher, potato rumbler, filter coffee machine, stainless steel wall shelving, 2 under counter fridges, under counter freezer, Walk In Fridge, Walk In Freezer. Ladies & Gents WCs. Bottle Store/Dry Goods Store. Beer Cellar temperature controlled on the ground floor with 6-tilt stillage, 2 chest freezers, ice machine, shelving, stainless steel sink unit, and racked shelving. Utility Room with washing machine and 2 tumble dryers.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

External details The business benefits from an extensive Private Customer Car Park with space for 60 plus vehicles. There is also an attractive Patio Trade Garden to the rear of the pub with picnic style bench seating for 42 customers. A further lawned Enclosed Trade Garden to the front of the car park offers further picnic style bench seating for 14 customers with extensive countryside views. There is also a fenced bin store area which also houses the lpg bulk tank.

Private accommodation Situated on the first floor and with its own front door is the family sized owners accommodation. The accommodation briefly comprises:- Open plan Family Room, Kitchen and Dining Room, a large room with fitted kitchen with range of modern base and wall mounted kitchen units and complementary worksurfaces, built in hob, oven and extractor. Bedroom 1 a double room with aspect to the rear (currently office). Bedroom 2 a single room with aspect to the rear. Bedroom 3 a double room with built in wardrobe and aspect to the front. Bathroom with shower over bath. Landing with built in storage, cupboards/wardrobes. The owners accommodation is not currently lived in by our clients and is used as additional office/storage space.

The business The Hunters Inn is a classic and traditional country village pub which serves the local village as well as surrounding villages and towns in the area and attracts tourist trade, not only during the summer months but throughout the year. The Hunters Inn is seen as the focal point of the village community Well presented throughout, our clients have owned the business for 10 years and for the
past 7 years the pub has been run completely under management without the involvement of our clients. During our clients ownership they have consistently improved and maintained the property whilst sympathetically enhancing the character of the building and the high standards inherent throughout the business ensure excellent levels of regular repeat business and word of mouth recommendations. The business has been awarded a 5 Star Food Hygiene Rating. With an enviable reputation and excellent levels of year round repeat business, The Hunters Inn attracts customers from a wide catchment area, however almost no advertising or marketing or promotion is undertaken by our clients although the business does have its own website . The pub is home to 4 skittle teams.

Trading information Management accounts for the year ending 31 December 2016 show sales of £411,000 excluding VAT and split of trade is 66.5% food sales and 33.5% wet sales. The Hunters Inn is currently run under full management and full detailed accounting information can be made available to interested parties following a formal viewing appointment.

Opening hours The current trading hours are Monday to Friday midday to 3:00pm and from 5:30pm until 11:00pm. Midday until 11:00pm on Saturdays and midday until 10:30pm on Sundays.

Current staffing Neither of our clients are involved in the day to day running of the business and it is run under full management. Our clients currently employ 5 full-time and up to 17 part-time/casual members of staff as and when trade dictates. Undoubtedly there are opportunities for hands on owner operators to reduce the current wage bill and to trade the business with a more hands on approach with the associated savings that this will bring.

Potential The Hunters Inn is a well regarded business which has shown exceptional high levels of trade during our clients 10 years of ownership but which still has further potential. Undoubtedly, there are opportunities for hands on owner operators to stamp their mark on the business with opportunities to increase the current trading hours, particularly by opening all day especially during the summer months and to build upon the extremely solid levels of trade already established by our clients. The sale of The Hunters Inn represents an excellent opportunity to purchase a well established and well regarded character village pub in an extremely desirable part of Devon with family sized living accommodation and impressive levels of trade. An internal inspection is highly recommended to fully appreciate all that this superb business opportunity has to offer.

EPC – requested and to be confirmed.

Rating For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website .

Services All mains services with the exception of mains gas and mains drainage are connected to the subject property. Lpg is used for cooking and for central heating and there is septic tank drainage.

Price & tenure £450,000 for the valuable freehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion. Viewings Strictly by appointment with the vendors Sole Selling Agents.Tel: Email: You are recommended to contact us before visiting the property even for an informal viewing. We can then
confirm whether or not it is still available.

Finance An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Horwood and Newton Tracey Community Primary School 0.6 miles
  • Holywell Church of England Primary School 2.4 miles
  • Chapelton (Devon) 3.3 miles
  • Barnstaple 3.9 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Stonesmith. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stonesmith for full details and further information.