Available
South Molton – Public House
The KIng's Arms, South Molton, Devon EX36 3LBFreehold Public House Investment
Price
£280,000
Rent P.A.
£18,200
Yield
6.50%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
3y 11m
Area
3,660 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises ground floor public house with 3-bedroom owner`s accommodation at first floor
- Situated in the heart of the town centre with occupiers nearby including Spar Supermarket, Restaurant/takeaways, Hotels, Pubs and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises ground floor pub with 3-bed owner`s accommodation above, providing the following accommodation and dimensions:
Ground Floor: Open plan bar seating, play area, cellar, wc`s
First Floor: 3 Bedrooms, kitchen, office, bathroom
Total GIA: 340 sq m (3,660 sq ft)
Ground Floor: Open plan bar seating, play area, cellar, wc`s
First Floor: 3 Bedrooms, kitchen, office, bathroom
Total GIA: 340 sq m (3,660 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 6 Years 11 Months from 25th March 2022 at a current rent of £18,200 per annum and the lease contains full repairing and insuring covenants. Rent review on 25.03.25 and 25.03.28 open market upward only. Tenant break option in 2025 NOT exercised. Deposit held of £3,000.
Tenancies & Accommodation

Location Description
South Molton is a small town in Devon, England. It is part of the North Devon local government district. The town is on the River Mole. The property is located in the town centre with occupiers nearby including Spar Supermarket, Restaurant/takeaways, Hotels and Pubs.