SIR WALTER RALEIGH
EAST BUDLEIGH • EAST DEVON • EX9 7ED
A Grade II Listed Thatched Village Inn, situated in this most sought after location in East Devon.
A 'proper' pub and a strong business with further potential to grow the trade from an already strong base.
A rare opportunity, not to be missed!
Main Character Bar (24) • Lower Bar (34) • Fully Equipped Commercial Kitchen • Ground Floor Beer Cellar • Ladies &
Gents Cloakroom • Utility Room • Pretty Courtyard Beer Garden • Service Yard • Private Parking for 3 Cars • Well
Presented 3 Bed Living Accommodation.
Turnover for Year End 31st July 2015 £235,756 ex VAT
PRICE: £475,000 FREEHOLD
To Include Trade Inventory & Goodwill
Ref: 2048
01803 21 20 21
LOCATION
East Budleigh is a delightful village in East Devon, approximately 2 miles North of the seaside town of Budleigh Salterton on the East
Devon coastline.
East Budleigh has two Public Houses, a Church, a Primary School, a Village Hall and a Community Shop. The Cathedral City of Exeter
lies approximately 12 miles to the West and has excellent communications with an International Airport and two mainline Railway
Stations Junction 30 gives access to the M5 Motorway. The surrounding area is very popular with tourists throughout the year who visit
the many attractions, including the world famous Jurassic coast and nearby Bicton Park.
DESCRIPTION
The Sir Walter Raleigh is a quintessential English Village Inn with a thatched roof, plastered cob walls and low beamed character
interior. The pub benefits from a courtyard trade garden to the rear and three private car parking spaces.
The pub derives its name from Sir Walter Raleigh who was born in nearby Hayes Barton in 1552. His parents are buried in All Saints
Churchyard in the Village. The 14th Century Church contains attractive pew ends, including one bearing the Raleigh Coat of Arms.
The property briefly comprises:MAIN BAR (24)
With plenty of character exposed beams and low ceilings.
Fireplace with electric cast iron burner. Central timber
topped bar servery, with an assortment of seating at
timber chairs, oblong and round tables and of Captain’s
chairs, fixed bench seating and settles. Carpeted. Cash
register, optics and back bar shelving, 2 x bottle fridges.
LOWER BAR (34)
Continued in the same style as the main bar and full of
character. Brick fireplace with cast iron electric wood
burner, square wooden tables with spinal back holstered
chairs. Original alcove feature with shelving.
Swing door to:
COMMERCIAL KITCHEN
Non slip flooring, pcv clad walls and full extraction.
Stainless steel work benches 2 x microwaves, 2 x single
deep fat fryers, Salamander grill, 6 ring gas range, double
deep fat fryer, dishwasher, double deep sink and drainer,
refrigerated counter, 3 further microwaves, various
refrigeration, metal raking shelves. Door to outside.
BOTTLE STORE/ UTILITY ROOM
Plumbing for washing machine, shelving, sink and glass
washer.
OUTSIDE
Pretty courtyard beer garden with five circular pub
benches. The garden is surrounded by trellising and
decorated with flower pots and hanging baskets. Part
gravel/part patio flooring.
CAR PARKING
3 car spaces end to end at the rear of the premises used
by the owners.
SERVICE YARD
With shed and store.
FIRST FLOOR LIVING ACCOMMODTION
With access through the pub or separate access from the
road making this a self-contained unit.
SINGLE ROOM/OFFICE
DOUBLE BEDROOM
DOUBLE BEDROOM
SEPARATE WC
With wash hand basin.
OFFICE/STOAGE ROOM
FAMILY BATHROOM
With bath, electric shower, wash hand basin and vanity
unit.
GROUND FLOOR BEER CELLAR
Temperature controlled.
KITCHEN
With fitted domestic units, plumbing for washing machine.
GENTS CLOAKROOM
3 urinals, wash hand basin, WC with tiled floor and part
tiled walls.
LIVING ROOM
With vaulted beamed ceiling and double aspect windows
looking over the front and the back of the property.
LADIES CLOAKROOM
2 WC's, wash hand basin, part tiled walls and carpeted.
GENERAL INFORMATION
RATEABLE VALUE: £9,800
For information, we advise you to contact the East Devon
Local Authority, 01395 516551.
THE BUSINESS
The Sir Walter Raleigh is a friendly and inviting low
beamed 16th century village local pub with well-kept West
Country beers and popular traditional pub food.
FINANCIAL INFORMATION
We have been advised that turnover for year ending 31st
July 2015 was £235,756 ex VAT
The owner's pride themselves on providing a warm and
cosy environment for anyone visiting this area, whilst
looking after their strong local and regular trade.
Further trading profit and loss accounts will be provided
to bonafide interested parties, following a formal viewing
arranged through the Sole Selling Agents, Bettesworths
on 01803 212021.
The business opens for 12 noon to 2.30pm and 6pm till
11pm on a daily basis.
The trade is split approximately 50/50 wet/dry and the Sir
Walter Raleigh is well known for its well kept ales, having
been featuring in the 2015 Good Pub Guide.
INVENTORY
To include furnishings and equipment as per an
inventory to be supplied, but excluding the owners
personal effects.
Food is traditional fresh pub fayre with a number of
homemade pub favourites including cottage pie, ham egg
and chips, pies and ploughmans. There is a specials board
for lunch and a separate evening menu, which includes
many choices including steaks, poached salmon, curry
and chilli etc.
STOCK
Wet and Dry stock in trade and Bar Glassware will be
taken over by the purchaser at valuation on the day of
completion.
The pub has a strong local following from the village and
surrounding areas. This swells during the warmer months
of the year, with the large influx of visitors to the area.
However, more recent year-round tourism has increased
significantly.
EPC RATING ‘E’ (123)
IMPORTANT NOTE: Messrs Bettesworths for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i)
the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; (ii) no person in the
employment of Messrs Bettesworths has any authority to make or give representation or warranty whatever in relation to this property. The fittings,
equipment and services have not been tested by the agents. VIEWING: By appointment with the Agents – BETTESWORTHS