Bettesworths - Freehold Pub Sale UK
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to visit Bettesworths Main site
A delightful 16th century inn set in the heart of beautiful West Dorset which
was immortalised as the ‘Sow and Acorn’ in Thomas Hardy’s
‘Tess of the d’Urbervilles’ has come onto the open market
with leading licensed property agents Bettesworths of
Torquay.
Evershot is the quintessential English village….. complete with a deer
park. The centre has remained largely unchanged and was the setting for the
period drama ‘Emma’.
The Inn is a perfect base for exploring West Dorset as there are many historic
houses and gardens close by, including Forde Abbey and Athelhampton House.
It has masses of olde worlde charm, oak paneling, open fires, beamed ceilings
and flagstone floors. Guests are able to enjoy superb food in the two bars or
in the non smoking restaurant. The unashamedly British
menu offers fresh local fish, meats and game complimented by a fine selection
of real ales and wines. There is also a skittle alley which doubles as a function
room for up to 60.
The inn has nine comfortable en-suite letting bedrooms, three of which have
four poster beds, which are all very popular and a lucrative source of income.
It also has generous car parking facilities.
Bettesworths are inviting offers of £****** for
the valuable freehold interest, excellent
trade inventory and goodwill. The 2002 turnover is in excess of £******
excluding VAT, with excellent returns.
The ******, is a unique inn and restaurant
with frontage onto the River Teign and was on the market for the first time
in over one hundred years. The inn, situated on the edge of Dartmoor, included
the pub, a house, a three-bedroomed flat and gift shop. There is great potential
to increase the current turnover of £****** per annum, excluding VAT.
Summarising the freehold market, stressed
that there are plenty of buyers around, but in order to effect a sale, it is
important that up to date trading figures are available. The size of premium
obtained for a lease on assignment, very much reflects the profitability of
the business. Ric pointed out that leasehold businesses do not appreciate in
value, unless there is a reasonable term of years left on the lease and there
has been an increase in profitability, which is not eaten up by a large hike
in the rent. With the large number of freehouses being purchased by pub
companies, more and more leases are likely to become available in the foreseeable
future. This could, warns Ric, result in lower prices being obtained on assignment
as the supply of leasehold pubs on the
market increases. So if you are thinking of a move, now may be a good time to
take action, particularly as it appears likely that interest rates may increase
later in the year as well.




