SOLD: LARGE CHARACTER INN ON EXMOOR NATIONAL PARK
THE CULBONE, NR PORLOCK, EXMOOR NATIONAL PARK, SOMERSET
Exeter based licensed property specialists, Stonesmith, are delighted to announce the sale of The Culbone Inn, a large detached restaurant and inn, set in grounds of around 1.3 acres. The Culbone occupies a splendid position at the top of Porlock Hill, benefiting from breathtaking views across Exmoor National Park. Reputed to be the highest inn and restaurant on Exmoor it is ideally located to benefit from the many visitors to the area who come to explore Exmoor and North Devon and West Somerset coastline.
The Culbone is a well known destination food led country pub which briefly comprises an attractive Restaurant and Bar Area, Lounge/Private Dining Room, and a well equipped Commercial Catering Kitchen, 5 high quality En-Suite Letting Rooms.
The deal comes after Mike Phillips of agents Stonesmith was instructed by owners Tony and Lesley Oâ€™Shaughnessy to offer The Culbone for sale. Mike negotiated terms with local landowner Rupert Martin to buy the freehold off an asking price of Â£495,000 and at the same time introduced the tenant who will be operating the inn, Alexander Douglas.
Alexander Douglas, commented:
â€œWe reopened The Culbone on Friday 5th May after a brief refurbishment period. The family run inn will be serving great beers and delicious, locally sourced pub food. We are looking forward to meeting our customers, and welcome locals, tourists, families with children, cyclists, walkers, dogs and even muddy boots!â€
Mike Phillips of Stonesmith said:
â€œI am delighted that we have not only completed on the sale of The Culbone, but also found a competent and experienced operator in Alexander and his family to run this truly special inn. We wish them every success for the future.â€
More information on The Culbone can be found on their website: www.theculbone.com
The business was sold for an undisclosed figure, off an asking price of Â£495,000. For more information, or if youâ€™re thinking of buying or selling please contact Stonesmith via their website www.stonesmith.co.uk or by calling them on 01392 201262.