The Old Barn is a well-presented traditional pub catering for locals and tourists alike. A great location on a busy main road means there is a constant flow of customs and the business has a strong roadside presence. Large newly built property projects in the surrounding area present great opportunities to drive new custom. Currently operating a strong carvery offer and great food with a large and well-stocked bar, this pub caters for all ages and needs. Live music and entertainment are also a key part of the business. Sport is not currently featured in the business but is a further opportunity, we are happy to discuss an ongoing deal with SKY/TNT.
Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed.
The private accommodation is clean and is well set out in a spacious area. It is carpeted throughout with a modern bathroom and kitchen. The decoration is neutral and has recently been completed. 3 good size bedrooms mean this is a great accommodation for single or couple operators. A great place to live with easy access to the North Devon link road and the large town of Barnstaple.
Forecast Turnover: £485,496.41
Year 1 Rent: £20,000.00
Guide Rent: £30,500.00
Initial Deposit: £0.00
Full Deposit: £7,625.00
Full Tie Release: £46,000.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £15,000.00
Working Capital: £15,000.00
Stock & Glassware: £3,500.00
Cash Float: £1,500.00
Forecast Wet Turnover: £325,284.86
Forecast Dry Turnover: £160,211.55
Forecast Other Turnover: £0.00
This pub is ideal for either an experienced operator or someone new to the industry, the pub has a strong food offer and has a huge scope for driving new business for an entrepreneurial operator.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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