THE HIGHWAYMAN'S HAUNT
Old Exeter Road, Chudleigh,
Devon
TQ13 0DE
LEASEHOLD: £99,950
REF: 4366
Renowned quintessential thatched destination dining pub/restaurant, surrounded
by Devon countryside and set in around 4 acres of grounds. Presented to
exceptionally high standards throughout with character trade areas for 134 plus
customers, spacious 4 bedroom accommodation, extensive outside seating areas
for 50 plus customers and car parking. Impressive levels of trade. Must be viewed.
The Highwaymans Haunt is an impressive and attractive Grade 2 Listed detached thatched
building, parts of which are believed to date back to around 1300. Originally a Devon
longhouse, the property has been extended during the latter part of the 20th Century to provide
substantial addition to the trade areas and the commercial kitchens. Presented to an
exceptionally high standard throughout, the property still retains much of the original olde
worlde charm and character including exposed stonework, beamed ceilings, panelled walls,
and Inglenook fireplaces. This high quality destination public house and restaurant is
presented in first class order throughout, briefly comprises:- Lounge Bar (24), Brasserie (40),
Olde Restaurant (50 plus), The Stables (20), Commercial Catering Kitchen with extensive
backup facilities and spacious 4 Bedroom Owners Accommodation with large Lounge/Dining
Room, Kitchen, Bathroom and Office. Externally, the property is set in approximately 4 acres of
grounds and the pub was awarded “The National Best Pub Garden of the Year 2013” sponsored
by Greene King Brewers. The grounds incorporate Paddocks, formal Gardens, Childrens Play
Area, Private Garden, Trade Terraces with al fresco seating for 150 plus, and extensive Car
Parking for 70 plus vehicles. Throughout the summer, there are popular Sunday afternoon live
bands on the sun terraces and in addition, the outdoor bar is open all summer together with a
professional barbecue and ice cream stand.
The Highwaymans Haunt is located in a rural position, fronting the B3344 approximately ½
mile from Chudleigh, adjacent to the southern filter lane of the A38 Devon Expressway, with
prominent signage along the A38. The rural location on the south western slopes of Haldon
Hills, offers easy access, not only to the A38, but also the A380 and the major road networks
beyond. Chudleigh is situated on the eastern fringes of Dartmoor National Park and is
officially a town although it retains the charm and feel of a typical Devon village. Nearby
towns include the market town of Newton Abbot (7 miles), the coastal resort of Torbay (13
miles), the coastal town of Teignmouth (8 miles), and the Cathedral and regional capital city
of Exeter (8 miles).
ACCOMMODATION
BUSINESS (contd)
GROUND FLOOR – Main entrance from car park via Entrance Vestibule to
the front into Reception Hall, a welcoming and most appealing entrance to
the premises with seagrass matting carpets, part exposed stone walls,
exposed ceiling timbers, comfy sofa and armchair. Ladies & Gents WCs.
Lounge Bar an attractive area with seagrass matting carpet, heavily beamed
ceiling, wall mounted menu boards, door to rear terrace and doors through
into Brasserie dining area, a range of free standing high tables with 16
upholstered wooden high chairs together with comfortable sofa seating for
24 plus standing room. Bar Servery an attractive oak bar servery fitted with
associated back bar fittings to include wooden display shelving, Altro
flooring, 2 double glass fronted bottle fridges, EPOS touch screen till with
computer link to kitchen, stainless steel sink unit, glasswasher, open
shelving, single glass fronted fridge. Coffee Servery Area with
worksurfaces, open display shelving and cupboard space, coffee machine,
coffee grinder, EPOS touch screen till system with computer link to kitchen.
Beer Cellar temperature controlled on the ground floor with racked
stainless steel shelving, door to outside, ice machine, wine racking, and
stairs to first floor storage area. Brasserie Restaurant an attractive dining
room with seagrass matting carpet, heavily beamed ceilings, French doors
to rear terrace, wall mounted wine list, range of free standing wooden
tables and upholstered wooden chairs comfortably seating 40 plus
customers. Olde Restaurant again an attractive character restaurant area in
two separate interlinked areas with seagrass matting carpet, feature stone
fireplace with inset electric wood effect fire, part exposed stone wall,
exposed timbers, window seating, range of free standing wooden tables,
upholstered chairs and comfy sofas and armchairs for 20 plus customers
with step up to further character dining area with 2 feature Inglenook
fireplaces with feature electric wood effect fires, heavily beamed ceilings,
wood panelling, window seating, seagrass matting carpet, part exposed
stone walls, range of free standing wooden tables and upholstered wooden
chairs comfortably seating 30 plus customers. The Stables a private dining
area with seagrass matting carpet, exposed stone walls, character feature
room with air-conditioning, long refectory oak table with seating for 14.
Adjacent Private Lounge Area with comfy sofa and armchair for 6
customers. Commercial Kitchen with Altro flooring and part tiled walls,
fully equipped to an exceptionally high standard with a comprehensive
range of quality commercial catering equipment to include:- 10-burner gas
range with double oven, 6-burner gas range with oven, extractor system
with stainless steel canopy over, twin floor standing deep fat fryer, upright
fridge, extensive range of stainless steel workbenches with shelving below,
eye level grill, hotplate, Zanussi combi oven, 2 commercial microwave
ovens, under counter 3-door fridge unit with saladette over, double
commercial upright freezer, shelved serving gantry with warming lamp,
bain-marie and warming cabinet, and hand basin. Walk-in Cold Room with
stainless steel racking. Preparation & Wash Up Areas with Altro flooring,
clad walls, pass-through commercial dishwasher and trace light, wall
shelving, stainless steel deep bowl sink unit, range of stainless steel
workbenches with shelving below, twin deep bowl stainless steel sink unit.
Dry Goods Store with Altro flooring, 2 chest freezers, fridge freezer,
racked shelving and door to rear. Boiler Room. Chefs Office/Store. Staff
Shower Room. Staff WC/Laundry Room with washing machine and tumble
dryer.
The business benefits from a website www.highwaymanshaunt.co.uk. The
sale of The Highwaymans Haunt provides a rare opportunity to purchase an
iconic character thatched Devon inn benefiting from sympathetic upgrades
and refurbishment with an established year round trade and further potential
for growth. There are particular opportunities to extend the current trading
hours especially during the peak summer months and to build upon the solid
level of trade already established by our clients.
Trading Hours – Winter opening hours are from 11:30am until 2:30pm
and from 5:00pm until 11:00pm Monday to Friday and from midday until
11:00pm on Saturdays and Sundays. Summer trading hours are 11:30am
until 11:00pm Monday to Friday and from midday until 11:00pm on
Saturdays and Sundays.
Trading Information – Accounts for the year ending 31 July 2014 show
sales of £498,298 excluding VAT. We are advised that the split of trade
is approximately 59.5% food sales, 40.5% wet sales. Full detailed
accounting information can be made available to interested parties
following a formal viewing appointment.
RATING
For up to date Business Rates and Council Tax information relating to this
property, we refer you to The Valuation Office website www.voa.gov.uk.
SERVICES (advised by client)
All mains services are connected to the subject property.
PRICE & TENURE (VAT may be chargeable in addition if appropriate)
£99,950 for the valuable leasehold interest as a going concern business and
full trade inventory. Wet and dry stocks to be additional at valuation. Vacant
possession upon completion.
We have been informed that the property is held on the remainder of a 15
year Greene King lease which commenced in 2005 with a current rent of
£68,900, reducing to £53,000 pa from 31 October 2015. The inn is tied for
beers, lagers and ciders and is free of tie for wines, spirits, and minerals
EPC
Grade 2 Listed – exempt.
VIEWINGS
Strictly
by
appointment
with
the
vendors
Sole
Selling
Agents.Tel:(01392)201262.Email:[email protected]
You are recommended to contact us before visiting the property even for an
informal viewing. We can then confirm whether or not it is still available.
OWNERS ACCOMMODATION – Arranged on the first floor is the spacious
family sized owners accommodation which can be completely selfcontained and briefly comprises:- Large Lounge/Dining Room a character
open plan room with feature fireplace and exposed ceiling timbers.
Kitchen. Bedroom 1 a double room with aspect to the front and rear.
Office/Study Area. Family Shower Room. Bedroom 2 a double room with
aspect to the rear. Bedroom 3 a double room with aspect to the side.
Bedroom 4 a double room with aspect to the rear.
EXTERNALLY – The Highwaymans Haunt is set in approximately 4 acres of
ground which incorporate Customer Car Parking with space fo 70 plus
vehicles, 2 Fully Enclosed Paddock Areas, illuminated Patio Sun Terrace
with pagoda in two areas with raised flower beds, extensive country views
and Side Bar Area, Outside Barbecue Area, all attractively landscaped and
providing al fresco seating for 120 plus customers; Further Paddock Area
used for camping during the summer months, lawned Trade Area with
Childrens Play Area and al fresco seating for 30 plus. Owners Private
Lawned Garden Area, large Single Garage and Workshop/Store.
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
Trading Style – The Highwaymans Haunt is one of the Westcountry’s most
well renowned and well regarded destination pub/restaurants. Extremely
well presented throughout, the property is steeped in history and enjoys a
loyal following from a wide catchment area and numerous projects to
improve and refurbish the property have been undertaken over the last 5
years. The high standards inherent throughout the business ensure
excellent levels of regular repeat business with the business enjoying a
loyal following from a wide catchment area. The trade at The Highwaymans
Haunt is food led with a varied menu emphasising locally sourced and fresh
produce complemented by a wide range of carefully selected wines, beers,
cask ales, spirits and soft drinks. The Thatched Inn is also popular for
functions and weddings given the high standards which are inherent
throughout the business. The business is run by our client with the
assistance of 2 family members and a full complement of staff to include 3
full-time and up to 12 part-time members of staff.
Applicants are requested to make appointments to view and conduct negotiations through the Agents. No
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
that:
i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees,
and do not constitute, nor constitute part of, an offer or contract
ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation,
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
the correctness of each of them.
iii) no person in the employment of Stonesmith has any authority to make or give any representation or
warranty whatever in relation to this property. The word “property” throughout shall include business and
trade contents if appropriate