If you are looking to lease a pub in Bovey Tracey, The Cromwell Arms is available !
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Lease A Pub In Bovey Tracey – The Cromwell Arms Is Available !
Located centrally in a prominent location in Bovey Tracey on the eastern edge of
Dartmoor with plenty of accommodation for holidaymakers visiting the moor or the seaside with
Torquay only 15 miles away.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Internal Trade Areas:
Internally the Cromwell has a large bar with kitchen and three distinct trade
area. At one end the Cromwell has a restaurant area of around 40 covers, a bar area with around 20
covers and a small games room to the site which could also be potentially used as a function room.
In the upper parts there are 14 rooms for let.
External Trade Areas:
External the Crowmwell has a car park with around 20 spaces and a small
external area next to it with benches to the rear of the property
Private Accommodation:
The Crowmwell has a flat on the first level with a kitchen and bathroom,
lounge and bedroom. On the next level there are two further bedrooms with a bathroom.
New Publican Profile:
On owner operator with experience of running a pub with food and letting
rooms would be ideal.
Estimated Food Turnover Breakdown
Liquor = 50%
Food = 30%
Accommodation = 20%
Rates
Current Rateable Value: £50,000
Rateable Value from 1st April 2023: £33,800
Rates payable TBC
Likely Ingoing
Deposit £5,000
Fixtures & Fittings approximately £25,000
subject to independent valuation
Stock & Glassware approximately £2,500
subject to independent valuation
Total approximately £32,500
Trade Jan-Dec
2020
Jan-Dec
2021
Dec 2021 –
Nov 2022
Barrels of Draught Beer & Cider 141 142 231
Litres of Minerals 3338 3492 4065
Litres of Wines & Spirits (inc. PPS) 1281 1274 1800
*Please be aware that the trade figures quoted have been affected by the recent Covid pandemic.
We are willing and able to assist with funding those eager to start their own journey. You add
the talent and drive, and we can help with the finance.
The Cromwell Arms Bovey Tracey
BDM Comments:
The Crowmwell is an ideal site for an operator to grow food and wet trade as well
as growing accommodation trade through marketing the letting rooms.
