A Traditional South Devon Village Inn, Devon
Property Features
- Business Types: Maisonette Flats / Apartments, Public House
- Our Ref: CD-10291
- The only public house in a thriving village
- Full of character – flagstone floors, beams and panelling
- Restaurant (24), snug (12), lounge bar (20+) and function suite (46+)
- Large car park and lawned beer garden
- Flexible four bedroom owners’ accommodation
- Much repeat local and regional trade
- Robust turnover of C. £400,000 net of VAT
- Sensible rent of £30,000 per annum
Summary
Property Summary
The business has been run by our clients’ extended family for many years, in a traditional manner and with a clear focus on food, the split of trade being in favour of food sales at C. 60%. Real effort has been made to appeal to the local community, with popular curry and quiz nights, whilst the weekend carvery is a particular highlight and is frequently booking only.
Our clients are now retiring from the trade and leave behind them a successful, well maintained property. The Wellington Inn would ideally suit a husband and wife te
Set at the very heart of the popular South Devon village of Ipplepen, The Wellington Inn is a quintessential village inn and the only public house serving the village. Occupying a prominent position on Fore Street, the property is brimming with traditional character, from flagstone floors and exposed timber beams (low in places), to timber-panelled walls, exposed stonework, stained glass and open fireplaces, creating a warm and genuinely welcoming atmosphere.
The business has been run by our clients’ extended family for many years, in a traditional manner and with a clear focus on food, the split of trade being in favour of food sales at C. 60%. Real effort has been made to appeal to the local community, with popular curry and quiz nights, whilst the weekend carvery is a particular highlight and is frequently booking only.
Our clients are now retiring from the trade and leave behind them a successful, well maintained property. The Wellington Inn would ideally suit a husband and wife te
Helping You Complete the Deal
We work with a number of trusted funding partners who understand the commercial property market. Whether you’re acquiring a business, refinancing, funding expansion, or require auction finance where timescales are critical, we can introduce you to the right people.
Securing the right funding is often pivotal to a successful transaction, and an experienced, competent broker can make all the difference when navigating terms, structure, and speed of delivery.
We are not regulated by the Financial Conduct Authority (FCA). We may receive a referral fee for introducing you to a regulated finance broker. This does not affect any advice you receive.
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Additional Professional & Support Services
Legal Support
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Insurance
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Accountants
We can introduce accountants with relevant sector experience to assist with due diligence, tax planning, and financial structuring.
Surveyors
Access to experienced surveyors for building surveys, valuations, and condition reports to support your purchase.
Asbestos Surveyors
Introductions to qualified specialists to ensure compliance and identify any potential risks within the property.
EPC Assessors
We work with accredited assessors who can provide Energy Performance Certificates and advise on improving ratings where required.
Fire Risk Assessors
Ensure compliance and safety with experienced professionals familiar with commercial premises.
Inventory Companies
For sales, lettings, and managed assets, we can recommend providers who produce detailed inventories and schedules of condition.
Stocktaking Services
Particularly for hospitality businesses, we can connect you with stocktakers who provide accurate valuations and ongoing reporting.
Any introductions are made on an informal basis. These providers are independent of our business; however, we will only recommend contacts we believe to be competent, reliable, and capable of assisting with your specific requirements.
