Guide price

£275,000

Pub/bar for sale
Exeter Road, Ivybridge PL21

    Freehold
    Added on 03/05/2023

    About this property

    • On the instructions of the Fixed Charge Receivers

    • Substantial Hotel & Inn Situated in the Heart of Ivybridge

    • 14 Well Presented En-Suite Letting Rooms & 1 Bed Owner's/Manager's Flat

    • Fully Equipped Catering Kitchen, Outside Trading Area & Car Park

    • Joint Auction Partners, Clive Emson - Auction Date: 23rd July 2026

    Substantial Hotel & Inn Situated in the Heart of Ivybridge. 14 Well Presented En-Suite Letting Rooms & 1 Bed Owner's/Manager's Flat.

    Surrounded by beautiful countryside and moorland, Ivybridge has a magnificent natural setting and rich heritage of traditional South Devon industries, such as milling and cloth making. The towns name comes from the bridge over the fast flowing River Erne, which powered Ivybridge's mills. Ivybridge is located in the South Hams area of Devon and lies about 9 miles east of Plymouth. It is at the Southern extremity of Dartmoor National Park and lies along the A38 (Devon Expressway) Road.

    The town is known as the 'Gateway to the Moor' and is the start/finish of the long distant walking path the Two Moors Way. With a population approaching 13,000, Ivybridge is the largest town in the South Hams and is a bustling place to live and work and a popular destination for year-round tourism.

    A substantial two storey property situated just on the edge of the town and a one-minute walk to all the major facilities on offer. The property has a large car park to the rear, with an outside trading area which leads into the extensive open plan trading area and back bar. The property has the benefit of 14 en-suite letting rooms, which are popular year round and owners accommodation. The business has extensive 'back of house' ancillary space and an exceptional commercial kitchen.

    Joint Auction Partners, Clive Emson - Auction Date: 23rd July 2026.

    Bar & Restaurant

    A large open plan trading space with central positioned bar servery with the room divided into a lounge seating area, raised dining section and further restaurant area to the side. Traditional decorated with a warm and inviting feel. The room can accommodate over 80 covers and is often used for large functions, weddings, parties etc.

    Dance Floor And Soft Seating Area

    Situated to the side of the main bar with exposed ceiling beams, various pub memorabilia and bric a brac and seating at a range of upholstered high back chairs, leather sofas, bar stool etc. Mainly carpeted throughout.

    Reception Desk

    To far corner.

    Back Bar/Games Room

    Situated behind the main bar with panelled walls and carpeted floor making this a cosy 'sports bar' at a range of upholstered chairs, captains chairs and bar stools. Plenty of sporting memorabilia on the walls (some personally owned) with a wall mounted flat screen television and wall mounted dartboard. Corner bar servery.

    Still Room

    Fully Equipped Commercial Kitchen

    With an impressive range of professional catering inventory.

    Freezer Room

    Boiler Room

    Storage Room

    Staff WC

    Door to outside.

    Ground Floor Beer Cellar

    Large Office

    Letting Accommodation

    Largely arranged over the first floor with a disabled room at ground floor. The rooms are well appointed and presented with en-suite facilities, fitted desks and TV's, arranged as follows:-

    Ground Floor Family Room 400

    Double with bunkbeds and en-suite bathroom with bath, shower, WC and wash hand basin.

    First Floor

    Room 401

    Double room with en-suite shower facilities.

    Room 402

    Twin room with en-suite shower facilities.

    Room 403

    Twin room with en-suite shower facilities.

    Room 404

    Double room with en-suite shower facilities.

    Room 405

    Twin room with en-suite shower facilities.

    Room 406

    Triple room with no bathroom.

    Room 407

    Double room with en-suite facilities.

    Room 408

    Double room with en-suite shower facilities.

    Linen Cupboard

    Separate Bathroom

    With bath, shower, WC and wash hand basin.

    Room 409

    Laundry Cupboard

    Room 410

    Double room with en-suite facilities.

    Storage Cupboard

    Room 411

    Double room with en-suite bath and shower facilities.

    Room 412

    Double room with en-suite bath and shower facilities.

    Room 414

    Honeymoon suite. Large double room with en-suite bath facilities. Fire escape.

    Owner's Flat

    Arranged as:-

    Double Bedroom

    Kitchen/Diner

    Large Living Room

    Bathroom

    Situated on the second floor.

    Outside Trading Area

    A segregated seating area immediately to the back of the main bar with seating for 40 plus at pub benches with gazebo over.

    Large Car Park

    For circa 25 cars.

    Laundry Block

    Situated across the road from the kitchen. 2 storey former barn used for laundry storage, laundry purposes and general storage over two floors.

    General Information

    Business Rates

    2023 List: £36,000. Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority.

    Council Tax Band A

    Services

    We understand that the property is connected to mains gas, water and electricity with central heating system.

    Inventory

    To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

    Stock

    Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

    EPC Rating C

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    Monthly repayment

    £1,375 per month

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