TAVISTOCK Guide £550,000

The Ordulph Arms, Pym Street, PL19 0AW

SITUATION A substantial building, of some historical note, occupying a prominent position, with good footfall and passing traffic, close to the heart of Tavistock town centre.

Tavistock is a thriving market town adjoining the western edge of the National Park and was in 2004 voted the winner of a nationwide survey undertaken by the Council for the Protection of Rural England involving 120 other market towns. Among the assets taken into consideration were history, architecture, community spirit, planning sensitivity, recreational facilities and individuality of shops and businesses. Additional facilities include a hospital, a bustling Pannier Market and a full range of schools both State and Private. Indeed Tavistock can claim to have everything adding up to a quality of life which would be hard to rival.

Plymouth is only 15 miles away with fast Inter City rail links to London, Bristol and the North. There are also ferry services to Roscoff, Brittany and Santander, Northern Spain.

DESCRIPTION Having traded until recently as The Ordulph Arms Public House and The Terrace Restaurant, this is one of Tavistock's best known and much loved historic buildings which is now presented to the market as an exciting retail investment or redevelopment opportunity.

In recognition of its historical importance, the building is Grade II Listed, but has over the years been used for a variety of different purposes including Tavistock's first temperance hotel and offices for the local council. The building was first licensed as a public house circa 1980 as The Sir Francis Drake and later renamed The Ordulph Arms.

The building stands in a prominent position, just off Drake Road, close to the Bank Square car park and within a short walk of Bedford Square in the heart of Tavistock town. Currently arranged as a lounge bar on the ground floor with separate 60-cover restaurant on the first floor and three self-contained letting units on the second floor. In addition, there is useful secure storage and limited off-road parking.

THE OPPORTUNITY It would be possible to re-establish the pub and restaurant business (which only recently ceased trading), however, in our opinion the sale of the premises represents an exciting opportunity to explore other commercial or retail avenues or possibly to redevelop the site, subject to obtaining the necessary planning and listed building consents.

ACCOMMODATION Reference made to any fixture, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.

The accommodation, together with approximate room sizes, is as follows:

THE ORDULPH ARMS: A well known public house occupying the ground floor of the building and arranged as follows:

LOUNGE BAR 45' x 19' (13.72m x 5.79m) overall

Plus:

SNUG 14' 5" x 12' 8" (4.39m x 3.86m)

VESTIBULE

LADIES & GENTS WC

KITCHEN & FOOD PREPARATION AREA

STORE ROOM

THE TERRACE RESTAURANT: An impressive 60-cover restaurant occupying the first floor of the building and sharing the kitchen facilities; private entrance; lift access to first floor:

GROUND FLOOR WC & OFFICE

BAR 20' 11" x 13' 9" (6.38m x 4.19m)

ANTE ROOM 13' 1" x 9' 8" (3.99m x 2.95m)

RESTAURANT 44' x 20' (13.41m x 6.1m)

FUNCTION ROOM 30' x 16' 8" narrowing to 7' 1" (9.14m x 5.08m narrowing to 2.16m)

TERRACE A small outside terrace providing al fresco dining.

LADIES & GENTS WCS

RESIDENTIAL ACCOMMODATION: The second floor of the building has been arranged to provide versatile residential accommodation, currently configured as two self-contained flatlets, two ensuite bedrooms, boiler room.

OUTSIDE: There is on-site parking for three/four vehicles with additional (time-restricted) on-street parking immediately in front of the building. A useful lockable basement storeroom is also provided.

SERVICES Mains gas, mains electricity, mains water and mains drainage.

BUSINESS RATES We understand the current business rates are £18,886.00 per annum with a rateable value of £38,000.

VIEWING By appointment with MANSBRIDGE BALMENT on 01822 612345.

DIRECTIONS From Tavistock's Bedford Square, proceed up Drake Road (between the Banks). Take the first left hand turning into Pym Street and the property will be found immediately on the right hand side.

T10280

More homes sold in 2015 *

Than any other ESTATE AGENT in PL19 & PL20

* Source Rightmove

9 BROOK STREET · TAVISTOCK · · PL19 0HD TAVISTOCK · YELVERTON · BERE PENINSULA · OKEHAMPTON Tel: 01822 612345 CITY · NORTH PLYMOUTH · LONDON MAYFAIR E: [email protected]

Mansbridge Balment for themselves and for the sellers/landlords of this property whose agents they are give notice that :- (1) These particulars are set out as a general outline for the guidance of prospective buyers/tenants and shall not form the whole or any part of a contract. (2) All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and believed to be materially correct but any intending buyer/tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No person in the employ of Mansbridge & Balment has any authority to make or give any representation or warranty at all about the property. (4) No responsibility can be accepted for any expenses incurred by a prospective buyer/tenant in inspecting this property if it is sold., let or withdrawn.