Public House

For Sale

The Village Inn, 2 Jubilee Crescent, Ashwater, Beaworthy, Devon, EX21 5EY

Public House with development potential (approximately 5,200 sq. ft)

Guide of £475,000

Large car park to rear with possible development potential

 

Description

A large single and two storey building set in extensive grounds with development potential (subject to planning). A public house with significant inside and outside seating areas, it includes a large ground floor public area with potential for conversion of some spaces. Kitchen, preparation and storage areas also occupy the ground floor. The first floor includes four large bedrooms (one being used as an office), a sitting room and shower and bath rooms. It is considered additional or alternative uses/holiday letting rooms etc. could be possible (subject to planning) to maximise the property potential. The business could be improved with a stronger internet presence as there is no website at the moment.

Accommodation

Ground Floor: The property is primarily accessed from the front opposite the village green or from the rear car park. The frontage is prominent in the village green setting and includes a patio area with two benches. The entrance porch leads to the main bar area which links to the games room, dining area, conservatory, lounge bar (with log burner) and toilets. The public rooms mainly have large slate flag stone flooring. The commercial kitchen is accessed from a corridor behind the bar area or from a separate rear access from the car park. The beer cellar and ground floor stairwell to the first floor accommodation (described on the next page) are also accessed from the same corridor, as is the games room which also links to the main bar in the public area. There is a partly covered walkway linking the front of the property to the rear and this walkway links to the bottle store/wash room and the barn/log store (the latter being the subject of an earlier planning consent described in the planning section on the penultimate page). The beer garden to the side of the property can be accessed from the rear car park, dining area, conservatory or lounge bar.

First Floor: The first floor is accessed from a staircase off a corridor behind the bar area. The stairs lead to a landing and corridor with doors off to a shower room, four spacious bedrooms (one of which is being used as an office), a kitchen and bathroom. The first floor is currently being used as owners accommodation, but it is considered there is scope to create letting rooms or similar (subject to planning if required).

Planning & Building Regulations

There was a pre application enquiry made by the current owners (FPE/0455/2018) in respect of converting the public house to provide 4 dwellings and to provide 2 dwellings in the car park (Council response available on request). The advice from the Council suggested development in the car park could be viewed more favourably if the site for 22 dwellings to the field behind the pub (1/0478/2017/OUTM) comes forward for development. A reserved matters application (1/0660/2021/REMM) pursuant to the outline application was submitted in July 2021 and is due to be decided in October 2021.

There are two historic applications that might be of interest to developers seeking to create additional residential accommodation on the site or within the existing buildings:
1/1449/2004/FUL Extensions to premises to provide freezer/store, first floor flats and conversion of ground floor store area to restaurant (it is not clear whether this consent remains extant as some of the work appears to have been undertaken).

1/0390/1994 for the construction of vehicular access driveway and car park to serve public house.

Planning history can be viewed on the Torridge District Council Online Planning Register. Prospective buyers should make any detailed investigations though their legal advisors.

Legal Costs

Each party will be responsible for their own legal costs.

Price

Guide of £475,000 for the freehold interest of the property. The equipment and furniture would be included in any sale (subject to negotiation and agreement). Stock will be as valued.

Business Rates

The current rateable value (RV) is £16,750. The RV is as stated on the Valuation Office Agency (VOA) website service (effective date 1st April 2017). Information concerning how rates are calculated are available on the Cornwall Council website.

VAT

The property is not elected for VAT.

Subject to Contract

This brochure is for guidance purposes only and does not constitute an offer or contract. All descriptions, particulars and dimensions stated are understood to be correct, but prospective purchasers or tenants must satisfy themselves that the information is correct and not rely on the information if entering into a contract or incurring expenses.

Viewing Arrangements

Viewings are by appointment only. Contact Phil Wiltshire BSc(Hons) MRICS on:
01208 812 812

For full details please download the PDF Brochure, which also contains some useful links.