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Black Horse Inn, High Street, Torrington, Devon, EX38 8HN

£2,917 pcm
£35,000 pa

£6.18 per sq ft

Business rates & charges may apply

Vickery Holman, Leisure
SIZE AVAILABLE

5,663 sq ft

526 sq m

SECTOR

Pub to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Historic coaching Inn within town centre
  • Public bar and dining area (34+ cvs)
  • Restaurant/function space (50+ cvs)
  • 3 Letting bedrooms
  • 3 bedroom flat plus 2 further attic rooms
  • Grade II Listed with lots of period charm
  • New 20 year free of tie lease opportunity
  • Experienced publicans preferred

Description

The Black Horse is an attractive Grade II Listed, twin gable fronted Inn with parts understood to date from the late 1600's. A building of great character and history it is an excellent site from which to run a successful business. There are exposed beams and partitions, tiled and cobbled flooring and open fires, with the trade areas providing for a public bar, separate lounge, large restaurant which would also suit function space. In addition there are three en suite letting rooms and a flat with three bedrooms, lounge and kitchen plus two additional loft rooms.

Location

Great Torrington is an old market town occupying an elevated site east of the River Torridge being approximately 7 miles south of Bideford, 16 miles from North Devon's Commercial Centre at Barnstaple and circa 35 miles from Exeter via the A377. The town serves as an Area Centre, and therefore considered a focal point for the provision of employment opportunities, education and other local services to the immediate surrounding area with a resident population of just over 5,000.

Great Torrington is recognised as an important heritage centre with close ties to the Civil War in the 17th century. The town has a mixture of schools, shops, Heritage Museum and Arts Centre. The property is in the centre of the town on the High Street.


Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

The property is accessed through a central entrance to inner lobby to part cobbled passageway providing access to the public bar, lounge and central hallway. Public bar (6.1m x 4.5m) having wood top bar servery, exposed ceiling beams, feature fireplace, bay window to front and space for 10 covers. Basement beer cellar with delivery access from front. Lounge (6.2m x 3.7m) having shallow bay window to front, feature fireplace and exposed wooden beams with space for 24 covers. Central hallway with staircase to upper floors (storage under), access to ladies and gents WCs, door to restaurant (13.4m x 5.5m max) laid out over two areas with wooden dividing screens and two feature fireplaces, exposed wooden beams, side access door to yard and space for circa 52 covers. Food service/2nd bar (4.5m x 3.5m). Door to kitchen (8.8m x 3.6m) with walk in chiller and freezer (not tested), extraction (not tested) and non-slip flooring. Please note that there is no commercial equipment in situ. Rear lobby with useful store x3, staff WC and small workshop.

Letting Rooms

Situated at the rear of the building at first floor. Bedroom 1 (5.7m x 3.8m including en suite). A double bedroom with bath en suite. Bedroom 2 (3.7m x 3.1m) a double room with en suite bathroom. Bedroom 3 (4.7m x 4m Including en suite) a double room with en suite bathroom.

Private accommodation

Situated at first floor with lobby accessing all rooms, store cupboard and staircase to attic rooms. Lounge (5.2m x 4.5m), kitchen (4.6m x 2.7m), bedroom (3.7m x 3m) with wash hand basin, bedroom (3.4m x 2.1m), bedroom/office (3.4m x 2.3m), bathroom. Attic room 1 (3.5m x 2.6m), attic room 2 (4m x 2m plus recess). Both rooms have windows.


Externally

Inner courtyard which provides access to Fore Street. Rear private enclosed garden.

Trade

The venue is currently closed but historically has been well known within the town for letting rooms with a bar and food offer. Applicants will need to demonstrate experience in these areas. The owners do not run the venue and have no access to historic trading accounts.

Planning

Sui Generis pub use.

Rent / Price

£35,000 per annum on FRI lease. Tenant responsible for all building costs.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £24,000. Please check with the local authority in regard to rates payable. Current government support in the sector provides for 75% relief on rates payable until March 2025 and 40% from April 2025 until March 2027. Council tax band A.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C (66)

Legal Fees

The lessee will be responsible for their own legals fees and a contribution of £1,500 towards the Landlord's reasonable legal costs. Undertaking to costs required prior to legal commencement.

VAT

All figures quoted are exclusive of VAT if applicable.

Brochures

Black Horse Inn, High Street, Torrington, Devon, EX38 8HN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chapleton Station6.8 miles

About Vickery Holman, Leisure

Walsingham House, Newham Road, Truro, TR1 2DP

Vickery Holman is a multi-disciplined property company who have been trading in the south west since 1848.

With offices in Exeter Plymouth and Truro, we pride ourselves on our local property knowledge and regional coverage. We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors.

Can’t find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

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