Property photos
Just added
Freehold
Guide price
£395,000
(£75.57/sq. ft)
Pub/bar for sale
Exeter Inn, 68 High Street, Topsham, Exeter, Devon EX35,227 sq. ft
Local area information
Property location
Nearby amenities
- The Topsham School 0.1 miles
- Topsham 0.2 miles
- Topsham Ferry Landing 0.2 miles
- Trinity Church of England Voluntary Aided Primary and Nursery School 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Traditional public house in sought after estuary town
- Ground floor public bar with central bar servery
- Ground floor kitchen and lounge with 5 bedrooms on first floor
- Closed and requiring investment
- Customer beer garden plus enclosed courtyard with outbuildings
- Parking space
- Detached property at the end of the High Street
- Rare freehouse opportunity in this location
The Exeter Inn has long history as a public house and is a detached, locally listed, building on Fore Street within the Topsham conservation area. Please note that the agent nor their clients have previous trading accounts.
Location
Topsham is situated to the South of Exeter on the east side of the River Exe between Exmouth and Exeter. The town and ward has a population of over 10,000 and has grown considerably in the past 10 years. Topsham was designated a town by a 1300 royal charter, until the Exeter urban district was formed. It is served by Topsham railway station on the branch line to Exmouth.
Topsham is around 5 miles south of Exeter. Exeter is well served by transport communications with the M5 running to the east of the city, an Intercity railway station and a regional airport a short distance to the east of the city.
The Exeter Inn is at the Exeter end of the High Street.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Customer entrance via lobby to open plan public bar comprise three interconnecting rooms. Central bar (7.1m x 4.7m) with long bar servery, corner seating area and space for 12 covers. Feature open fireplace. Seating area (9m x3.6m) with triple aspect and providing space for 24 covers. Exposed ceiling beams. Feature fireplace. Rear seating area (4.7m x 3.9m) with space for 8 covers and having access to courtyard beer garden, ladies and gents WCs, back of house/upper floor. Beer cellar (5.5mx 1.8m).
Private Accommodation:
Ground floor lounge (4.8m x 3.7m) through to kitchen (5m x 2.4m) with gas fired boiler and rear access door.
First floor with landing and access to shower room and WC and separate bathroom and WC, Bed room 1 (4.8m x 3.7m) with WC and wash hand basin, Bedroom 2 (3.7m x 3.5m). Bedroom 3 (4.2m x 3.5m), Bedroom 4 (3.7m x 3.5m). Bedroom 5 (5m x 2.4m).
Outside:
To the side of the of the property there is a single parking space and the enclosed courtyard can provide vehicular parking to the rear for a further 2/3 cars. Enclosed beer garden with part covered smoking area. Rear courtyard with outbuildings understood to have been a former blacksmiths which provide useful storage over a number of interconnecting rooms and one self contained wood store - in all c70 sqm/750sft
Planning
Sui Generis for pub use. The premises licence will transfer on sale.
Rent / Price
The Exeter Inn is available freehold with a guide price of £395,000 plus VAT.
Conditions of Sale:
The Purchaser will be required to pay an abortive legal fee deposit of £5000 (to be held by the Seller's solicitor) prior to the release of the legal package.
The Purchaser will have 15 working days from the date the legal package is released from the Seller's solicitor to the Purchaser's solicitor to exchange contracts. If the Purchaser exchanges contracts within such period, the abortive fee deposit will be credited against the purchase price. If the Purchaser withdraws from the transaction or contracts are not exchanged within such period the abortive legal fee will be forfeited.
The Seller will undertake to provide timely responses to the Purchasers enquiries and comments to facilitate their ability to exchange contracts within the required time. The deposit will be refunded if the Seller is unable show good title (assuming any issue arising cannot reasonably be covered by insurance) or withdraws from negotiations within the required time (save where due to the Seller revising the agreed terms). If exchange shall not occur within the required time, the Seller shall be free to withdraw from the transaction and retain the abortive legal fee deposit.
Upon exchange of contracts the Purchaser will pay a further deposit of 10% of the total purchase price. Completion to be 15 working days thereafter
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £15,200 until April 2026. This is not what you pay and please check this directly. Current government support in the sector provides for 40% relief on rates payable.
Council tax band B.
Contact our team of business rates experts if you have a query about the rateable value of this property
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
C(68)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Location
Topsham is situated to the South of Exeter on the east side of the River Exe between Exmouth and Exeter. The town and ward has a population of over 10,000 and has grown considerably in the past 10 years. Topsham was designated a town by a 1300 royal charter, until the Exeter urban district was formed. It is served by Topsham railway station on the branch line to Exmouth.
Topsham is around 5 miles south of Exeter. Exeter is well served by transport communications with the M5 running to the east of the city, an Intercity railway station and a regional airport a short distance to the east of the city.
The Exeter Inn is at the Exeter end of the High Street.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Customer entrance via lobby to open plan public bar comprise three interconnecting rooms. Central bar (7.1m x 4.7m) with long bar servery, corner seating area and space for 12 covers. Feature open fireplace. Seating area (9m x3.6m) with triple aspect and providing space for 24 covers. Exposed ceiling beams. Feature fireplace. Rear seating area (4.7m x 3.9m) with space for 8 covers and having access to courtyard beer garden, ladies and gents WCs, back of house/upper floor. Beer cellar (5.5mx 1.8m).
Private Accommodation:
Ground floor lounge (4.8m x 3.7m) through to kitchen (5m x 2.4m) with gas fired boiler and rear access door.
First floor with landing and access to shower room and WC and separate bathroom and WC, Bed room 1 (4.8m x 3.7m) with WC and wash hand basin, Bedroom 2 (3.7m x 3.5m). Bedroom 3 (4.2m x 3.5m), Bedroom 4 (3.7m x 3.5m). Bedroom 5 (5m x 2.4m).
Outside:
To the side of the of the property there is a single parking space and the enclosed courtyard can provide vehicular parking to the rear for a further 2/3 cars. Enclosed beer garden with part covered smoking area. Rear courtyard with outbuildings understood to have been a former blacksmiths which provide useful storage over a number of interconnecting rooms and one self contained wood store - in all c70 sqm/750sft
Planning
Sui Generis for pub use. The premises licence will transfer on sale.
Rent / Price
The Exeter Inn is available freehold with a guide price of £395,000 plus VAT.
Conditions of Sale:
The Purchaser will be required to pay an abortive legal fee deposit of £5000 (to be held by the Seller's solicitor) prior to the release of the legal package.
The Purchaser will have 15 working days from the date the legal package is released from the Seller's solicitor to the Purchaser's solicitor to exchange contracts. If the Purchaser exchanges contracts within such period, the abortive fee deposit will be credited against the purchase price. If the Purchaser withdraws from the transaction or contracts are not exchanged within such period the abortive legal fee will be forfeited.
The Seller will undertake to provide timely responses to the Purchasers enquiries and comments to facilitate their ability to exchange contracts within the required time. The deposit will be refunded if the Seller is unable show good title (assuming any issue arising cannot reasonably be covered by insurance) or withdraws from negotiations within the required time (save where due to the Seller revising the agreed terms). If exchange shall not occur within the required time, the Seller shall be free to withdraw from the transaction and retain the abortive legal fee deposit.
Upon exchange of contracts the Purchaser will pay a further deposit of 10% of the total purchase price. Completion to be 15 working days thereafter
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £15,200 until April 2026. This is not what you pay and please check this directly. Current government support in the sector provides for 40% relief on rates payable.
Council tax band B.
Contact our team of business rates experts if you have a query about the rateable value of this property
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
C(68)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Floor plans and tours
Floor plans (1)
More information
Listed by
Vickery Holman - Exeter
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