THE ROYAL STANDARD Mary Tavy, Tavistock, Devon PL19 9QB
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THE ROYAL STANDARD Mary Tavy, Tavistock, Devon PL19 9QB FREE OF TIE LEASEHOLD: £39,950 REF: 4692 Substantial FREE OF TIE Dartmoor village freehouse occupying a prominent roadside location, bar and restaurant areas seating 60 customers, attractive lawned beer garden (70+), car parking and superior 3 bedroom owners apartment. The Royal Standard is a Dartmoor village freehouse This deceptively large property benefits from being refurbished during the last 3 years and briefly comprises:- Bar and Dining Area (30 plus), Restaurant Are a (30), Commercial Catering Kitchen and a superior 3 double bedroom family sized Owners Apartment with Sitting Room, Kitchen and 2 Bathrooms. Externally there is Car Parking to the front and rear for up to 20 vehicles and there is also an attractive lawned Beer Garden (70 plus) to the rear of the property with moorland views. The Royal Standard is situated in a prominent position on the A38 main road between Okehampton and Tavistock. The A386 is a much used tourist route, particularly in the summer months, and is a busy arte rial route across Dartmoor year round. The ancient stannery town of Tavistock can be found approximately 4 miles to the south, the market town of Okehampton is approximately 6 miles to the north and access to the A30 Devon/Cornwall link road can be found at Sourton, approximately 5 miles to the north. The pub has lovely views from the accommodation and beer garden and the area in general holds great appeal with country sports and outdoor pursuits. ACCOMMODATION BUSINESS (contd) Main entrance door to the front leading to Lobby with Ladies & Licence – The Royal Standard benefits from a Premises Licence No Gents WCs into Main Bar & Dining Area . Extremely well PLWA0072 which permits the sale of alcohol for consumption on presented and attractive open plan trade area with part slate and and off the premises from 10:00am until 11:00pm Monday to oak flooring, with exposed stone walls, feature fireplace with Saturday and from midday until 10:30pm on Sunday. woodburning stove, wall mounted menu boards, views over Dartmoor, darts oche area, piano, part wood panelled walls, range Trading Information – We are advised that accounts for the year of free standing wooden tables and high backed faux leather ending 2014 will show sales in the order of £150,000. Accounting chairs, bar stools and sofas comfortably seating 30 customers information can be made available to interested parties following a plus standing room. Central timber fronted and topped Bar formal viewing appointment. Servery with back bar fittings, glass fronted display fridges, electronic cash register, stainless steel sink unit and access Current Staffing – The business is run by our clients with the through to kitchen. Open plan from the main bar and dining area assistance of 1 full-time and 2 part-time members of staff is an attractive Restaurant Area , again well presented with part dependant on the time of the year. slate and part laminate flooring, exposed ceiling timbers, feature fireplace with inset woodburning stove, wall mounted menu RATING boards, range of free standing wooden tables, high backed faux leather chairs comfortably seating 30 customers. Commercial For up to date Business Rates and Council Tax information relating Kitchen with tiled flooring, part stainless steel lined walls, fitted to this property, we refer you to The Valuation Office website with a comprehensive range of commercial catering equipment to www.voa.gov.uk. include 6-burner commercial range, chargrill, extractor system with stainless steel canopy over, combi oven, convection oven, SERVICES (advised by client) heated gantry, double deep fryer, range of stainless steel worksurfaces, fridge freezer, 2 chest freezers, 2 microwave, 2 Mains electricity, water and drainage are connected to the subject undercounter fridges, warming cabinet, upright freezer. Prep property and LPG is used for cooking and heating. Room & Wash Up Area with tiled flooring, stainless steel sink unit, wash hand basin, range of wall mounted cupboards, range of PRICE & TENURE worktop surfaces, chest freezer, commercial dishwasher, ice machine, washing machine, tumble dryer, 2 fridges. Dry Goods £39,950 for the valuable FREE OF TIE leasehold interest as a going Store microwave and filter coffee machine. Cellar on the ground concern business including trade fixtures and fittings and floor. equipment. Wet and dry stocks to be additional at valuation. Vacant possession upon completion. OWNERS ACCOMMODATION The business is held on a 10 year FREE OF TIE lease which Situated on the first floor is a recently refurbished superior family commenced in March 2012 with a current rent of £15,000 pa with sized owners apartment which is extremely well presented rent reviews every 3 years, the next review being in 2015. Full throughout and briefly comprises:- Sitting Room with dual aspect details available upon request. to front and views over Dartmoor. Kitchen Area recently refitted with range of fitted modern base and wall mounted kitchen units, FREEHOLD AVAILABLE BY SEPARATE NEGOTIATION. CONTACT complementary worksurfaces and inset stainless steel sink unit. US FOR FURTHER DETAILS. Bedroom 1 a double room with aspect to rear and an En-Suite Bathroom with a modern white bathroom suite and corner bath. EPC – To follow. Bedroom 2 a double room with dual aspect to front and side with views over Dartmoor. Bedroom 3 a double bedroom with aspect VIEWINGS to side and views over Dartmoor. Family Bathroom with a modern white bathroom suite and electric shower over the bath. Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392)201262.Email:[email protected] EXTERNALLY You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not To the front and rear of the property are 2 Separate Parking it is still available. Areas offering private off road car parking for approximately 20 vehicles and a single garage. To the rear of the property is an attractive lawned Beer Garden interspersed with a range of wooden picnic benches offering al fresco seating for 70+ customers and benefiting from lovely views over Dartmoor National Park. Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order. THE BUSINESS (Accounts will be provided to genuine purchasers, once viewed) Trading Style – The Royal Standard is a traditional high quality character moorland village Inn and destination food led public house with a good local following and a reputation for good quality ales, wines and locally sourced freshly prepared food within an Inn with a cosy, friendly, character atmosphere. The business enjoys a good year round following, not only from the village but also from the surrounding villages, hamlets and towns nearby and also enjoys a substantial boost from tourists visiting Applicants are requested to make appointments to view and conduct negotiations through the Agents. No the area during the summer months. The pub benefits from responsibility can be accepted for any expense incurred by fruitless journeys. Stonesmith for themselves and for the vendors or lessors of this property whose agents they are give notice having a prominent landmark position alongside the A386, one of that: the main arterial routes across Dartmoor National Park. The pub i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, also has its own website www.royalstandarddevon.co.uk . The and do not constitute, nor constitute part of, an offer or contract public areas and the owners accommodation have been ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, refurbished by our clients and are presented to a high standard and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to throughout. The business has been awarded a 4 Star Food the correctness of each of them. Hygiene rating and has also been awarded a Certificate of iii) no person in the employment of Stonesmith has any authority to make or give any representation or Excellence by TripAdvisor. warranty whatever in relation to this property. The word “property” throughout shall include business and trade contents if appropriate .