Highwaymans Haunt

, Chudleigh, Newton Abbot, Devon, TQ13 0DE

Pub overview

An opportunity has arisen to run a beautiful thatched public house in the historic Devon town of Chudleigh.

The Highwaymans Haunt is an historic coaching inn dating back many centuries. It sits on the edge of Chudleigh in Devon just south of Exeter. The pub benefits from over 100 internal covers, a large car park for 70 cars and three separate large external garden areas on two levels.

The pub features one small internal bar area and is complemented by a further three separate dining areas over two levels. Additionally there is an outside bar servicing the different external trade areas.

Trade space
Bars 1
Car park spaces 70
Child play areas 1
Dining rooms 3
Food covers 112
Gardens 3
Trade kitchens 1
Patio areas 1

Private accommodation available includes four bedrooms, a large lounge area, private kitchen with refurbished toilets and a shower room.

Private space
Private Rooms 9
Lounge 1
Double bedrooms 4
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent £52,000.00 per annum
Weekly rent £1,000.00 per week fixed
Notes

£52,000 per annum, £1,000 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. *Machine Income free of tie*

Entry Costs approx £53,350 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). **Applicants will be considered with a minimum investment of £23,000**

Brokers £450.00 Legal £850.00
Deposit £8,750.00 Stocktaking fees £150.00
Fixtures & fittings £30,000.00 Working capital £10,000.00
Other costs £3,150.00 Total entry cost £53,350.00

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 113 2 3,565
2015/16 123 4,882
2014/15 122 4,705
Volume notes Please note this site has been free of tie for wines, spirits and minerals.

Location

The pub is located a mile or so outside the Devon town of Chudleigh and sits nearby the main A38 through road connecting Devon & Somerset to Cornwall.

Facilities

Trade bar
Car park
Play area
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Saturday 10:00 - 00:30 Sunday 11:00 - 00:00

Contact Us

Simeon Baker

Business Development Manager

Call us today 01284 714 497

Apply online
“ Quintessential thatched destination pub/restaurant surrounded by Devon countryside, set in its own 4 acres of land. Presented to exceptionally high standards throughout. Impressive levels of trade. Must be viewed. ”