Thriving 17th Century Free of Tie Character Village Inn
Reputedly dating back to the 17th Century, this substantial character Grade 2 Listed property is now being offered for sale through licensed property specialists Stonesmith of Exeter.
With origins reputedly dating back to the 17th Century, The Royal Oak has been sympathetically refurbished and modernised although retaining many of its original features. Being an important focal point of the local village community, our clients have built up an successful trade during their 3 years of ownership with excellent levels of turnover and profits having been achieved. The trade is split is 70% wet sales, 27% food sales and 3% being attributed to accommodation. However, they believe that there is still genuine potential to develop the trade even further. The pub provides a very popular Sunday carvery and plays host to many local groups and societies, 2 pool teams, 2 darts teams and a skittle team. In addition Sky Sport is shown and there is a well supported and much anticipated annual beer festival.
The Royal Oak is a high quality, well presented and thriving character village pub. Being situated in the centre of Dolton, a popular Devon village, 13 miles from the North Devon coast with surfing beaches and coastal footpaths, and close to both Dartmoor and Exmoor National Parks, it benefits not only from a local trade but also from the villages and towns close by together with year round visitors coming to the area for walking, cycling, riding, angling and other outdoor activities.
This extremely well presented Grade 2 Listed property briefly comprises:- character Main Bar (32 plus), Snug Bar (12), Back Bar/Function Room (32 plus), Dining room (22), Commercial Catering Kitchen, 5 Letting Bedrooms and spacious first floor owners accommodation comprising Sitting Room, 3 Bedrooms (2 doubles and a single), modern fully fitted Kitchen and Bathroom. Externally, the property benefits from a Rear Beer Garden for approximately 30 customers and a Forecourt Seating Area to the front for 16. There is Car Parking to the side of the property for 4 vehicles and various other useful outbuildings and stores.
The valuable Free of Tie leasehold interest was sold off an asking price of £60,000. If you are thinking of selling your business, please give us call in confidence on 01392 201262.