Business Summary

Falcon Commercial are delighted to offer for sale this thriving public house with 12 letting rooms (all en-suite) as well as private owners/managers cottage which has been established many years and is now only being offered to the market due to the owner’s family commitments.

The Exeter Inn is run by our clients with help from a dedicated team of staff. It enjoys an all year round trade and has a turnover which is in the region of £500,000 per year with a healthy gross profit margin. The well-presented business has built an excellent local reputation for its friendly welcoming atmosphere, good food and for its comfortable rooms which represent excellent value. We feel that this opportunity which is very popular with shooting parties represents an ideal base on which to build upon and early negotiations with Falcon Commercial are highly recommended.

Premises Details

The prominent three storey premises benefits from being in a highly visible position on the main A396 close to the sought after town of Bampton, which is in the south eastern corner of Exmoor National Park. The landmark premises briefly comprise:

Ground Floor

Main bar which is split into 3 sections and has approximately 32 covers. Wooden faced bar servery.
Pump room with 25 covers at wooden tables and chairs
Restaurant which has 65 covers as well as a carvery unit
Commercial catering kitchen with extraction, 6 burner range style oven, griddle, double fryer, hot plate steel work surfaces with refrigeration under etc.
Wash up area with commercial dishwasher and double stainless steel sink unit
Fully fitted and equipped trade beer cellar/bottle store.
Walk in fridge
Separate male and female washroom/WC facilities for customers.
Store room
Trade cellar
Owners/managers cottage

lounge with kitchen area
bedroom
bathroom

First floor

2 x single bedroom (en-suite)
1 x twin bedrooms (all en-suite)
8 x double bedrooms (all en-suite)
1 x family bedroom (all en-suite)

Second floor (former owner’s accommodation)

Lounge
2 x single bedrooms
1 double bedroom
bathroom

External

2 Car parks with parking for 55 cars
Outside seating area with 8 “pub style” benches
3 x Stables (used for storage)
Garage used for storage and as a utility room

Tenure

The business is offered on a 15 year lease of which 10 years are remaining. The rent payable is £56,000.

Business Rates

We are advised that the business rates payable are £16,000 per annum.

Property Details