SOLD: FREEHOLD DETACHED HOTEL, RESTAURANT AND BAR OCCUPYING A LANDMARK TRADING POSITION
THE POACHERS POCKET HOTEL & RESTAURANT BURLESCOMBE, NR TIVERTON, DEVON, EX16 7JY
Property specialists Stonesmith are delighted to have completed the freehold sale of The Poachers Pocket Hotel & Restaurant, Burlescombe, Nr Tiverton.
The Poachers Pocket is a traditional coaching inn in an impressive detached building with origins reputed to date back to 1644. Well presented throughout this deceptively spacious character property offers a bar and restaurant plus 7 Letting Bedrooms all with private facilities, and a 3 Bedroom Family Letting Suite. There is a separate 4 Double Bedroom Owners House with Sitting Room, Dining Room and its own Private Garden Area. Externally, the property benefits from a Private Car Park Area for approximately 30 vehicles, 5 Caravan/Motorhome Hardstandings with electrical hookups, plus extensive gardens and useful outbuildings.
The business is located on the A38, approximately 3 miles north of Junction 27 of the M5. The prominent trading position attracts trade year round and the business enjoys excellent levels of business, with impressive and substantial profits being generated. The property was sold off an asking price of £695,000.
Director of Stonesmith, Mike Phillips commented:
“The sale of the Poachers Pocket represented a first-class opportunity to purchase well regarded country inn with letting accommodation, in the beautiful surroundings of the Devon countryside – undoubtedly a special place to live and work. It demonstrates that the freehold property market is very much alive and buoyant in the South West. We wish the new purchasers, Graham and Leonora Godfrey, the very best in the future”.
If you’re thinking of selling or need professional advice, please contact Stonesmith on 01392 201262.