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Property Listing Details

Pub/bar for sale

Lamerton, Tavistock PL19

Fixed price

£495,000

(£1.00/sq. ft)

Property details

Features

  • floor areaFrom 1 - 495,000 sq. ft
  • High Turn Over Character Village Freehouse
  • Prominent Landmark Trading Position
  • Potential Building Plot
  • 5 Double Bedroom Owner's Accommodation
  • Sales of £438,410 Excluding VAT
  • Impressive Year Round Trade Levels

Listing view statistics

Last 30 days: 64 page views

Since listed: 560 page views

Description

The property

The Blacksmiths Arms is a traditional character detached village freehouse with origins reputedly dating back to the 18th Century. This attractive and deceptively spacious quality country inn has been sympathetically extended by our clients, whilst retaining the original charm and character with features such as open fire places with woodburners and heavily beamed ceilings. The property occupies a substantial site in the centre of the village and benefits from a self advertising and prominent landmark trading position. This well appointed freehouse briefly comprises: - Character Interconnecting Bar Areas (40+), Dining Room (32), New Dining Room (42), Commercial Catering Kitchen with ancilliary facilities, spacious family sized 5 Double Bedroom Owners Accommodation with large Sitting Room, Office/Bedroom 6, Shower Room and Family Bathroom. Externally, the property benefits from a Customer Car Park with space for 20+ vehicles, an enclosed Lawned Beer Garden with seating for 50+ customers, various useful Outbuildings and Stores and an Owner’s Private Garden Area with a disused swimming pool and potential for a Building Plot, subject to the necessary consents. An internal inspection is recommended in order to fully appreciate all that this deceptively spacious village freehouse has to offer.
Situation

The Blacksmiths Arms is situated in the heart of the popular and highly regarded village of Lamerton. This attractive village is situated around 3 miles from the historic town of Tavistock, birth place of Sir Francis Drake, close to the Devon/Cornwall border. The business is located around 15 miles from the city of Plymouth. Lamerton’s location, close to both the Tamar Valley and the Dartmoor National Park, prove popular with tourists and day trippers visiting the area throughout the year, with many historical features and attractions and picturesque scenery all within a short drive.
Internal details

Main customer entrance doors to the rear leading from the customer carpark into Entrance Hall with Ladies and Gents wc’s. Beer Cellar temperature controlled on the ground floor. Main Bar Areas comprising 4 open plan and interconnecting attractive character rooms with carpeted flooring, heavily beamed ceilings, part wood panelled and part exposed stone walls, feature stone fireplace with bread ovens (disused), further fire place with inset woodburning stove, additional feature fireplace with double-sided woodburning stove, wall mounted menu boards, darts oche area, pool table area, extensive range of solid wooden tables, upholstered wooden chairs, upholstered perimeter seating and window seating for 40 customers plus adequate standing room and bar stools. Substantial central U shaped timber fronted and topped Bar Servery with Altro flooring, extensive range of optics, display shelving and associated back bar fittings, Epos cash register, commercial glass washer, stainless steel sink unit, double glass fronted bottle fridge and glass fronted wine fridge. Open plan through into Dining Room again an attractive character room with carpeted flooring, exposed ceiling timbers, exposed wall timbers, feature fireplace with inset double sided woodburning stove, range of wooden tables, upholstered wooden chairs and upholstered settle seating comfortably for 32 customers. Through into New Dining Room an impressive room with blue slate flooring, wooden vaulted ceiling with exposed timbers, doors to carpark and separate doors leading to the beer garden, range of free standing tables and upholstered wooden chairs comfortably seating 42 customers.

Commercial Catering Kitchen with part stainless steel and part wipe clean clad walls and fitted with a comprehensive range of commercial catering kitchen equipment to include:- extractor system with stainless steel canopy over, 6 burner gas range, chargrill, twin floor standing deep fat fryers, range of stainless steel work benches with shelving below, 2 Rational combi ovens, eye level grill, twin table top deep fat fryers, 3 commercial microwave ovens, deep bowl stainless steel sink unit, wall shelving, warming cabinet, wall cupboards, open base storage shelving and hand basin. Washup/Preparation Area with tiled walls, range of base and wall mounted kitchen units with work surfaces over, central island work surface, twin bowl stainless steel sink unit, 2 fridge freezers, commercial dishwasher and coffee machine. Store Room with walk in freezer, separate walk in fridge and ice machine. Staff WC. Utility/Store Room Area with washing machine and gas tumble dryer, fridge and door to carpark.

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.
Private accommodation

Situated on the first floor is the extremely spacious family sized owner’s accommodation which briefly comprises: - a large Sitting Room with Dining Area, triple aspect windows and built in storage cupboard. Bedroom 1 a good sized double bedroom with aspect to the rear. Bedroom 2 a good sized double bedroom with aspect to the side and built in wardrobes. Bedroom 3 a good sized double bedroom with aspect to the front and built in wardrobes. Bedroom 4 a double bedroom with aspect to the front and built in wardrobes. Bedroom 5 a good sized double bedroom with aspect to the rear (currently used for additional storage). Shower Room. Office/Bedroom 6 a single room with aspect to the front. Family Bathroom.
External details

Prominent landmark roadside trading position and a substantial plot which incorporates a tarmac Customer Car Park to the rear of the property with space for 20+ vehicles. Also to the rear of the property is an enclosed lawned Beer Garden with bench seating for 50+ customers and a gazebo. Adjacent to the car park is a brick built Outbuilding currently used as a beer and log store. To the far end of the car park is a further covered log store area and carport. Beyond this is a Private Garden Area with swimming pool (disused) with potential, subject to the necessary consents and permissions for a Building Plot.
The business

The Blacksmiths Arms is a traditional country village pub and restaurant which serves the local village community as well as the surrounding villages and towns in the area and attracts tourists and passing trade. An extremely popular and well regarded business, the pub has an excellent reputation for its classic freshly prepared, homemade pub food with impressive levels of regular year round repeat trade. Well presented throughout, our clients have owned and run the business for 19 years and the pub has received a certificate of excellence from Trip Advisor as well as a 5 star food hygiene rating. The pub also benefits from 2 darts teams and 3 skittles teams, with a demountable skittle alley placed in the dining room. It is also a popular venue for parties and as a venue and meeting place for various clubs and societies. This well presented business benefits from impressive year round trade levels and has not been offered for sale in the open market for over 40 years. With an enviable reputation and excellent levels of repeat trade, The Blacksmiths Arms attracts customers from a wide catchment area, however almost no advertising, marketing or promotion is undertaken by our clients although the business does have its own website . The sale of The Blacksmiths Arms represents an excellent opportunity to purchase a well regarded country village freehouse with spacious family sized owners accommodation and is undoubtedly a very special place to live and work and a formal viewing is essential in order to fully appreciate all that this business and property has to offer.
Trading information

Management accounts for the year ending 30th September 2017 show sales of £438,410 excluding VAT and we are advised that the split of trade is approximately 60% food sales and 40% wet sales. Full detailed trading information can be made available to interested parties following a formal viewing appointment.
Opening hours

Current trading hours are 11.30am until close Monday to Saturday and Midday until close on Sunday. Food is served from 11.30am until 2pm and 6.30pm-9.30pm Monday – Saturday and from Midday until 2pm and 6.30pm until 9pm on Sunday.
Current staffing

The business is run by our clients, as a working couple, however only one of our clients works full time in the business. Our clients currently employ 2 full time and up to 17 part time/casual members of staff. 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.
Potential

The Blacksmiths Arms is an impressive business which has shown exceptionally high levels of trade during our clients 19 years of ownership but which still has further potential. Undoubtedly, there are opportunities for new hands on owner operators to stamp their mark on the business with opportunities to offer a food trade all day, for which demand exists, particularly during the summer months and to build upon the solid levels of trade already being achieved. Subject to the necessary permissions and consents, there may be an opportunity for a building plot at the far end of the car park.
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 main services with the exception of mains gas are connected to the subject property. Lpg is used for cooking, central heating and hot water.
Price & tenure

£495,000 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.

Map & Nearby

Local Amenities

  • Gunnislake 3.8 miles
  • Calstock 5 miles
  • Lamerton Church of England Voluntary Controlled Primary School 0.2 miles
  • Gulworthy Primary School 2.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Gunnislake 3.8 miles
  • Calstock 5 miles
  • Lamerton Church of England Voluntary Controlled Primary School 0.2 miles
  • Gulworthy Primary School 2.5 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.