Pub for sale

LOCATION The Thatched Tavern is situated at the foot of a beautiful Valley in the small hamlet of Maidencombe on the outskirts of Torquay. Maidencombe beach and the costal footpath are a few hundred yards from the Inn. Torquay harbourside and town centre are approximately 3 miles away and Shaldon and Teignmouth on the Teign Estuary approximately 5 miles in the opposite direction. The Thatched Tavern is ideally situated and enjoys a large catchment area including the whole of Torbay, Shaldon, Teignmouth, Totnes, Newton Abbot and beyond to Exeter and Plymouth. DESCRIPTIONA beautifully refurbished Grade II Listed Thatched (rethatched in 2023) building with stunning interior design. The detached building sits on an elevated plot, parts of which are believed to date from the 15th century. The original property has been sympathetically extended to the rear to provide a substantial restaurant and sate of the art commercial kitchens. A stunning trade garden with sea views is situated to the side and rear of the property with newly built, raised Garden Bar. The property also benefits from a newly constructed, contemporary styled detached bungalow within the grounds, also with sea views.

Spacious LANDING AREA with airing cupboard and book shelves.

ENTRANCE PORCH

MAIN BAR
A character room wrapping around the focal Bar Servery. Exposed ceiling beams and attractive feature exposed stone fire place with cast iron wood burner. Beautifully decorated trading area with oak flooring and seating at quality contemporary tables and matching upholstered chairs. French doors to the trade garden.

BAR SERVERY
Timber topped and painted panel fronted with down lights. Bottle chillers, electronic cash registers. Bespoke tiled back bar fitting. Range of beer fonts including feature brass font with 4 hand pulls. Number of upholstered, modern bar stools to front of bar.

LOWER BAR
Situated on lower ground floor and accessed via stairs from the main bar, again a character room with part exposed stone walls, exposed timber ceiling beams, oak flooring and substantial stone surround fireplace with cast iron wood burner. Circa 12 covers. This room is interlinked with the Snug area.

SNUG
Traditionally decorated room with shared stone surround fireplace, 2 large designer leather style sofas and easy chairs. Carpeted.

CLOAKROOM
Situated off main entrance porch, both of which have been completely refurbished.

LADIES CLOAKROOM

GENTS CLOAKROOM

ROOM 2
Double room overlooking the garden. En suite bath with shower. Built in wardrobe

MASTER BEDROOM
With en-suite bathroom - WC, bath and wash hand basin.

OUTSIDE
Substantial and newly landscaped trade garden with pub benches and various individual areas on several different levels, creating an idyllic pub garden. Sea views from the top end of the trade garden. Seating for 70 plus.

GARDEN BAR
Constructed in 2021, an impressive raised Terrace Bar situated in an elevated position with glorious sea views. Timber structure with covered section and extended terrace trading area. Bar servery and food prep section with Clementi authentic Pizza Oven (capable of producing 6 pizzas at a time). 40 plus covers.

BUNGALOW
Stunning, brand new building with beautiful interior design and modern features. State of the art bathroom/wet rooms and fully fitted domestic kitchen.LIVING ROOM and KITCHEN with double doors to PatioDouble BEDROOM FAMILY BATHROOM MASTER BEDROOM with en suite and doors to PatioPATIO WITH SEA VIEWS

OUTSIDE LAUNDRY ROOM PRIVATE GARDEN
Raised position with wide reaching coastal views, vegetable patch and Greenhouse.

CAR PARKING
Maidencombe Car park is situated less than 100 yards from the pub and rented from the owners, the Coast & Countryside Trust. Pay & Display parking which generates good revenue and can be offset by paying customers when purchasing meals/drinks.

GENERAL INFORMATION

RATEABLE VALUE
£27,750. Please note this is not rates payable. Council Tax Band A. For information, we advise you to contact the Local Authority, Torbay Borough Council Tel.[use Contact Agent Button].

THE BUSINESS
The Thatched Tavern is one of the best-known pubs in the South Devon area, and occupies a truly enviable location adjacent to the South Devon Coastal Path. The Inn has a great reputation for food and a wide selection of beers and ales. The Thatched Tavern draws strong custom from locals and regulars as well as holiday makers visiting the area. Previously operated by a Brewery, the pub has under gone a complete transformation both physically and operationally in recent years and has traded very successfully under private ownership. The operation is run by 2 family members with a compliment of full time and part time staff. The pub closes on Mondays and at 8pm on Sunday, otherwise is open 12-10pm every day. Whilst the Thatched Tavern has been rejuvenated, there is still huge untapped potential for new owners. Further trading information will be provided to bone fide interested parties following a formal viewing.

TENURE
The pub is held freehold. The land on which the sewerage treatment plant is situated is held on a separate long lease from Torbay Council.

SERVICES
We are informed that the property is connected to mains gas, water and electricity. Drainage is to a private sewerage treatment plant.

VAT
The property is VAT registered (opted) and therefore VAT is applicable to the Freehold sale price, although this will be reclaimable in the usual way.

TUPE
Please note that if applicable members of staff will be covered under TUPE (Transfer of Undertakings Protection of Employment) Regulations 2006. Further information will be made available by the Agent.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding any personal effects.

STOCK
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

EPC - C

AGENTS NOTE
An overage clause. The vendors will require 50% of any up lift in value (over and above the existing use value at the point of the consent) over 25 years should consent be obtained for alternative uses.

UTILITY ROOM
Side access door to bar and further access to main trading area.

Council Tax Band: A
Tenure: Freehold