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£525,000

Pub/bar for sale
Merrivale, Princetown, Yelverton PL20

    Freehold
    Added on 19/06/2024

    About this property

    • Stunning 17th Century Moorland Inn Set in Spectacular Countryside at Merrivale

    • Character Property with 3 Interconnecting, Refurbished Trading Areas

    • 5 Newly Appointed Boutique En-Suite Letting Bedrooms

    • Kiosk, Alfresco Dinning Shelter, Private Garden & Car Parking

    • One of Only a Few Freehold Inns on the Open Moor, Currently Let on a 5 Year Lease

    Stunning 17th Century Moorland Inn Set in Spectacular Countryside at Merrivale. Character Property with 3 Interconnecting, Refurbished Trading Areas.

    The Dartmoor Inn nestles in the beautiful valley at Merrivale on the Western fringes of Dartmoor National Park, some 5 miles from Tavistock. The property fronts the B3357 which is one of the main routes through the Park, linking Tavistock with Ashburton in the South. Princetown is approximately 5 miles East of Merrivale.

    The hamlet is dominated by the former Merrivale granite quarry which closed in 1997. Some of the finest London buildings and Old London Bridge, now in the usa, are adorned by Merrivale grey granite. The few buildings surrounding the Inn were originally built for quarry workers and are now private houses. Plymouth Sound is visible from surrounding Tors and the Eddystone lighthouse, some 30 miles distant is often seen on clear evenings. The popular and world renowned Merrivale Prehistoric Settlement and Stone Rows is a short walk from the Dartmoor Inn.

    An attractive 2 Storey semi-detached property with whitewashed elevations under a pitched roof. The property has benefitted from a recent major refurbishment and has a lovely rustic charm throughout.

    External Porch

    Front door to:-

    Main Bar

    Character, open plan trading room, with flagstone flooring, exposed beams and main stone open fireplace. Seating for circa 26 at rustic timber tables and chairs. Butcher's block feature in front of fireplace, focal main bar servery which is tongue and grove fronted and timber topped. Surrounding area for optics, wine storage and worktops. Racking for real ales, espresso coffee machine, 2 bottle fridges, point of sale till. Steps up to:-

    Further Dining Area

    With 18 covers arranged in a similar style and situated on the other side of the main fireplace. Through to:-

    Dining Room

    Beautifully converted barn with exposed vaulted ceiling and rough sawn timber cladding under exposed stone walls. Large double glazed barn doors to outside. Separate standing cast iron wood burner. Circa 22 covers at timber bench tables with spindle back timber chairs.

    Ladies Cloakroom

    2 WC's, 2 wash hand basins, vanity unit with Belfast style sink.

    Gents Cloakroom

    1 WC, urinal and wash hand basin with Belfast style sink.

    Commercial Kitchen

    Fully equipped with full extraction, extractor hood, sinks and uPVC clad walls, non-slip flooring and extensive range of professional catering equipment.

    Dry Storage Area

    Door to outside.

    First Floor

    Completely refurbished letting accommodation with attractive, carpeted landing area.

    Great Staple Tor

    Double en-suite with WC, wash hand basin and walk in shower.

    Roos Tor

    Double en-suite with WC, wash hand basin and walk in shower.

    Pews Tor

    Double en-suite with WC, wash hand basin and walk in shower.

    Coxs Tor

    Double en-suite with WC, wash hand basin and walk in shower.

    Utility Landing Area

    With boiler cupboard and cleaning cupboard. Fire escape to outside.

    Kings Tor

    Arranged as a self-contained suite with double room and separate bathroom, with walk in shower, WC and wash hand basin.

    Outside

    To the rear of the property is a private garden area accessed via granite steps with various sheds etc. To the front lean to outside shelter for alfresco dining and drinking.

    Kiosk

    Situated on the end of the shelter with servery hatch supplying coffees, ice creams, pastries etc.

    Beer Garden

    Situated on a lawned island area to the front of the pub, with a number of pub benches. Car parking for a number of cars to the front of the pub.

    General Information

    Tenure

    The property is owned freehold and is being sold subject to a five year rental agreement (without security) effective from 2024. Fully Repairing and Insuring terms with an initial annual rent of £30,000 per annum rising to £40,000 for the remaining 4 years of the term.

    The Business

    The Dartmoor Inn is a well-known ‘Landmark pub’ and very successful business situated in the beautiful Dartmoor National Park. The Inn is frequented by locals and regulars from the Moor and its fringe towns throughout the year with trade boosted significantly by visitors to the Moor, which is one of Devon’s most popular visitor attractions.

    The Inn provides a warm welcome with several local ales on offer together with a varied wine list, bar menu and a la carte menu with daily specials. The Inn has become very well known for its succulent cuts of grass fed beef and lamb, cooked over Ox Grill in front of customers. All produce is both fresh and sourced locally where possible.

    The sale of the Dartmoor Inn subject to the existing short term lease provides unusual opportunity to secure this landmark pub with the initial benefit of a healthy rental income and options to either re-let or occupy in later years.

    Further trading information will be provided to bona fide interested applicants who have arranged a formal viewing through Bettesworths.

    Rateable Value

    2023 List: £5,250. Please note this is not Rates Payable. 100% Small Business Rate Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority.

    Services

    We are advised that the Inn has its own private water supply and septic tank drainage, central heating and hot water is provided by oil and mains electricity is connected.

    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 B

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