Acquired
Holsworthy – Public House with 3-Bed Flat
The Crown & Sceptre, 4 Fore Street, Holsworthy, Devon EX22 6EBFreehold Public House Investment
Investment Consideration
- ERV: £20,000 p.a. GIY: 10.81%
- Comprises public house with 3-bed flat
- Large function room (100 covers)
- First floor separate restaurant (40 covers)
- Occupiers nearby include Post Office, Lloyds Bank, HSBC, Co-Op Food and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises a Grade II Listed public house with three-bedroom owner`s accommodation arranged over four floors.
The property provides the following accommodation and dimensions:
Ground Floor: Lounge Bar/Dining Area , Games Room, Decked Patio
Lower Ground Floor: Bar, Function Room, Storage, WCs
First Floor: Restaurant, Bar, Commercial Kitchen, WCs
Second Floor: 3 Bedrooms, Living Room, Kitchen, WC
Total area size 550 sq m (5,920 sq ft)
The property provides the following accommodation and dimensions:
Ground Floor: Lounge Bar/Dining Area , Games Room, Decked Patio
Lower Ground Floor: Bar, Function Room, Storage, WCs
First Floor: Restaurant, Bar, Commercial Kitchen, WCs
Second Floor: 3 Bedrooms, Living Room, Kitchen, WC
Total area size 550 sq m (5,920 sq ft)
Tenancy Description
The property is at present vacant. ERV: £20,000 per annum.
Location Description
Holsworthy is a small English market town and civil parish in the local government district of Torridge, Devon. Exeter, the county town is 36.4 miles to the east. The River Deer, a tributary of the River Tamar, forms the western boundary of the parish, which includes the village of Brandis Corner. The property benefits from large prominent high street frontage in the town centre. Occupiers nearby include Post Office, Lloyds Bank, HSBC and Co-Op Supermarket, amongst many more.