Roadside Public House with letting bedrooms - Just £262,500!

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Very few going concern public houses come to the market for under £300,000, let alone being on the market for £262,500!  Located in the hamlet of Horns Cross, just 5 miles from Bideford, and situated in a prominent trading location on the A39 Atlantic Highway is The Coach and Horses.  Having been in the same ownership for the past 20 years the property is available to purchase or by way of a new free of tie lease.  The property has many features and benefits you would often find in properties on the market for a considerably higher price.  As well as having a lounge bar the property has onsite owners accommodation as well as a car park which also houses a detached former coach house which has 3 en suite letting bedrooms as well as a pool room which has potential to be converted to an additional letting bedroom.  It is thought that the B&B trade should provide a meaningful and profitable income to the public house income.  Given the manageable size of the property it has been operated by sole traders as well as husband and wife partnerships over the years.  Given the unusual pricing point of the property agents JD Commercial expect to receive early interest and for those seeking Leasehold premises, free of tie rental propositions will also be considered with no in going premium and a rent of £18,500 per annum.  Agents JD Commercial can be contacted on 01237 424053 or via www.jd-commercial.co.uk for further information or viewing arrangements.