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PRICE REDUCTION: The Old Thatch Inn, Cheriton Bishop, Devon

PRICE REDUCTION: The Old Thatch Inn, Cheriton Bishop, Devon - 23rd May 2018

QUINTESSENTIAL THATCHED FREE OF TIE VILLAGE INN – WELL PRESENTED WITH STRONG LEVELS OF TRADE
THE OLD THATCH INN, CHERITON BISHOP, EXETER, DEVON, EX6 6JH
FREE OF TIE LEASEHOLD £75,000

Stonesmith are delighted to be marketing a fantastic opportunity to purchase the leasehold of The Old Thatch Inn – a quintessential thatched free of tie village inn, extremely well presented throughout with strong levels of trade and profit. The inn is in the attractive Mid Devon village of Cheriton Bishop, a thriving and growing village community on the edge of Dartmoor National Park’s eastern flank, which is only eleven miles from Exeter.

This impressive and attractive Grade II Listed inn, is deceptively spacious, and presented to an extremely high standard throughout whilst still retaining many character features. The property briefly comprises: Character Main Bar Area (20+), Two Dining Rooms (42), Commercial Catering Kitchen, 2 En-Suite Letting Bedrooms and well appointed Living Accommodation with Sitting Room, Kitchen/Dining Room and 2 En-Suite Double Bedrooms. Externally, the property benefits from a Customer Car Park for 18 vehicles, Front terrace area (10) and rear Beer Garden and Patio providing outside seating for 60 customers. The Old Thatch Inn is a well presented country village inn and a viewing is strongly recommended to fully appreciate the standards inherent throughout all aspects of this business.

The Old Thatch Inn trades as quality country village pub and restaurant with letting bedrooms (not currently utilised). The Old Thatch Inn is a popular and well regarded business with an excellent reputation which benefits from excellent levels of regular, year round trade, not only from the village, but also from the surrounding villages and towns. As the only pub in the village, the business benefits from an excellent local following and its proximity to the A30, with prominent signage, boosts trade levels further. The business is well regarded for its quality freshly prepared food, using the best available local produce, set within a quintessential thatched character freehouse. The Old Thatch Inn has its own website www.toticb.com which provides further background information.

The business is for sale on a free of tie leasehold basis for £75,000. Full property details are available from the website www.stonesmith.co.uk and viewings can arranged by calling 01392 201262

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Thank you so much for your hard work and professional approach in selling Lydgate House on our behalf. I would wholeheartedly recommend you to anyone looking to sell a hotel.

Anna Geikie - Former Owner Lydgate House Hotel