Petrockstow, Okehampton

*FOR SALE via Modern Method of Auction*

This historic 17th-century public house, once known as The White Hart and now formally knows as The Laurels Inn, sits at the heart of the village next to the church. Over the years, it has served various roles, including as a coaching house and private dwelling, before reopening as a pub and restaurant in the 1970s. Recent improvements include a new roof, updated flooring, and the installation of a cozy multi-fuel burner. During the pandemic, the owners successfully introduced a takeaway service, popular with locals. The pub has now ceased trading and is awaiting a new owner.

The property features private accommodation with 4-5 bedrooms, a spacious living room with stunning countryside views, and ample parking. The beer garden offers a great space for to take in the view with picnic benches and covered seating areas. Adjoining former cottages provide additional storage or the potential for expansion.

Previously run as a family business since 2017, the pub had attracted walkers and cyclists from the nearby Tarka Trail, alongside regular customers and event-driven trade. There is further potential for development, subject to planning permissions.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Situated within the idyllic Devonshire village of Petrockstowe, the property is within a short distance of the centre of the village and its amenities.

There is thriving community with public house, church and is near the Tarka trail. The nearby market town of Hatherleigh is 4 miles from the village and benefits from a weekly market and range of local stores. Schools can be found at Hatherleigh and Merton for primary education.

There is secondary education at Okehampton and Torrington. The private school of Shebbear is only 4 miles from the village.