A highly desirable East Devon Inn has been sold, following competitive market interest, by leading Westcountry business transfer agent Charles Darrow.
Grade II listed, The Drew Arms is set in established grounds with many period features including mullion windows, a large stone fireplace, low wooden beams and dark wooden furniture, part thatched and sensitively maintained with charming trading areas, extended 3-bedroom accommodation and planning permission (now lapsed) for two letting bedrooms.
The property also has the benefit of extensive ancillary areas including well equipped commercial kitchen, storage sheds and temperature-controlled cellar.
Externally there is an enclosed bear garden under the shadow of the Church of St Andrew and further seating surrounding the pub, whilst there is private garden, vegetable patch, two stone buildings and parking for 6.
The village of Broadhembury is set in the centre of a horseshoe of the hills of Hembury Fort and North Hill, which rise to 1000 feet and create a sheltered valley. An area of Outstanding Natural Beauty, with many cob & thatch properties, Broadhembury is a quintessential village, with much charm located in East Devon, situated just 5 miles from Honiton and 7 miles from Cullompton and junction 28 of the M5 motorway network. With a good size local community, the pub is supported by an eclectic mix of customers, a primary school, and a post office / village store.
New owner’s Rob & Natalie Peperell commented “We are very grateful to Jon Clyne at Charles Darrow, Kate and Viv the outgoing owners and The Drewe Arms Estate for making the last few months happen with ease. We are so excited to be taking over at The Drewe Arms, such a beautiful pub in an outstanding village. With the new ownership we will be bringing in a new Head Chef, Lee Villiars, who is a well accomplished and experienced chef, with a developing and new menu design aimed for all and to excite.
We are very much a family run business, and we intend to ensure our family values run throughout the pub, and we cannot wait to open our doors and welcome the locals and visitors alike”.
Jon Clyne, Director of Charles Darrow commented “The property market shows absolutely no sign of slowing down, and whilst the volatility in the residential market has been well documented, sales of leisure and hospitality businesses are as good as they have been for many a year. Rob comes with a lifetime experience in hospitality, and having run his own restaurants in the past, more recently having managed The Masons Arms in Branscombe, he comes with lots of ideas and passion to build on what is already a great pub”.
The business was sold off an asking price of £75,000 for the leasehold interest.