As a property of both historic and architectural significance, this attractive country inn in the Blackdown Hills of East Devon is certainly something special. Located in a glorious area of outstanding natural beauty, just 2 miles from the A303, this Grade II listed property is the heart of the picturesque village of Yarcombe, between Honiton and Chard on the old A30.
Dating back almost 1,000 years to the 10th century, the listed inn once belonged to Sir Francis Drake, together with the rest of the village. Having such a rich history and being a building of national heritage status – it’s a landmark in medieval construction – the inn has been enjoyed by visitors passing through the village ever since.
Period charm with modern qualities
Retaining much of the old English charm, character, and period features you’d expect, including flagstone floors and wood-panelled walls, the property has been sensitively modernised and refurbished through considerable investment over the years and impresses with its spacious layout over 2-storeys.
The expansive ground floor trading area includes lounge bar with seating for ~26 covers, Snug (~12 covers), and restaurant seating ~30 covers. To the rear is a fully-equipped commercial kitchen, plus ladies and gents cloakrooms.
The first floor features a spacious function room with seating space for ~100 covers, together with a one-bedroom owners apartment comprising kitchen/dining room, sitting room, bedroom, bathroom, as well as three further bedrooms, two being en-suite. Outside, there’s a shingle beer garden to the rear with picnic table seating for ~32, together with garage and access to the cellar. At the front, there is space for a small amount of off-road vehicle parking.
Plenty of trading potential
Though nearly expired, there is a protective Asset of Community Value order attached to the property until September 1st 2020. Currently vacant, the Yarcombe Inn is an acquisition that holds plenty of trading potential for any prospective new owner.
The freehold on the property will go to auction with a guide price of £200,000 – £210,000 through Charles Darrow Network Auctions on September 10th, together with several other commercial properties going under the hammer.
Jon Clyne, Director at Charles Darrow commented: “Our clients purchased the property a couple of years ago and have since invested heavily in all aspects of the building. Whilst their aim was to install a manager or lessee, they now believe it would more likely suit an owner operator so look forward to handing it over in far better condition than when they found it – which will of course give the business a real chance to thrive”.
Network Auctions are held monthly, with local and regional buyers bidding against London investors. They’re the best way to achieve and secure the best price on your property. As experts in commercial auction sales, Charles Darrow has the specialist knowledge and experience to sell any type of land or property, using our intuition and excellent sales track record.
For more information on this property and other auctions, please visit the Charles Darrow auction page at charlesdarrow.co.uk/auctions.