Torquay is a picturesque seaside town located on the southern coast of Devon, England, known for its stunning coastline, mild climate, and Victorian elegance. Part of the English Riviera, Torquay sits on the northeastern edge of Tor Bay, a large natural harbour that also includes the neighbouring towns of Paignton and Brixham. The town's scenic beauty, palm tree-lined promenades, and sandy beaches have made it a popular holiday destination since the 19th century. The Devon Arms is a traditional pub located in the heart of Torquay, Devon, known for its warm and welcoming atmosphere, classic pub fare, and live entertainment. Situated near the town centre and the popular harbourside, this local favourite offers both residents and visitors a comfortable place to relax after exploring the coastal area.
Overall, the Devon Arms offers a slice of traditional English pub culture in a prime Torquay location, with its combination of good food, local drinks, and live music making it a popular spot for both locals and tourists.
Pub Layout
The pub trades as a one bar operation with a superbly fitted out catering kitchen located through a door behind the bar servery. On entering the pub, you are welcomed by the centrally located bar which services all areas. To the left of the pub there is a sports area, housing a pool table, darts okke and a wall mounted television, providing an area for teams, along with those just wanting a drink. To the right-hand side is where you will find the lounge area, set up for diners and able to host around 25 covers at a time. The pub is in a outstanding condition with bright and vibrant fixtures and fittings. At the Devon Arms we have just completed a full exterior decoration, new signage and new lighting which has created a beautiful first impression for the customers and visitors to make this a truly stand out pub. At the front of the pub, there are two six-seater benches along with a covered smoking area.
The private accommodation consists of two bedrooms, living room and a bathroom. There is also a self-contained annex with kitchenette, bedroom, bathroom and living area.
Annual Rent: £17,000
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
We are looking for a great licensee to further build The Devon Arms into the go-to destination for both locals and visitors in Torquay, where the rich tradition of a classic British pub meets modern hospitality. The vision is to further grow this vibrant community hub that embraces its roots while evolving to offer an elevated experience in food, drink, and entertainment, building on its strong local identity and strategic location near the harbour. You will have a keen eye on traditional values in terms of food offer, cask ales, and up-to-date drinks offer. This pub is equally suited to an experienced licensee as well as those new to the trade with the enthusiasm and transferrable skills to make a real success of the business.
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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