CHARMING COUNTRY FREEHOUSE WITH HOLIDAY FLATS AND FARM SHOP

Ref : L207

Price

Freehold : £525,000.00 SAV SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Traditional character country free house inn.
  • Highly sought after South West Devon location.
  • Recently refurbished.
  • Character bars plus dining room (30 plus covers), commercial kitchens, two modern superb two bedroom self-catering holiday units.
  • Character functions room and skittle alley with bar.
  • Farm shop and stores.
  • Comfortable self-contained two bedroom owners’ accommodation.
  • Car park and gardens.
  • Substantial and rapidly improving turnover. Highly recommended freehold free house.

The Copper Penny Inn offers a superb opportunity to acquire a recently refurbished rural free house in the highly sought after West Devon area of the South West within commutable distance of the city of Plymouth, and only some 2 miles west of Tavistock, in an elevated position overlooking the World Heritage Site of the Tamar River Valley.  The unusual name of the hamlet evolves from the era when there were active copper and tin mines in the immediate area, and when the workers and miners received their pay in copper pennies or in “chips” which could be exchanged at “company shops” where they could then buy groceries and goods.  One of these “chipshops” was known as the Hare and Hounds Inn and the immediate area then adopted the name Chipshop.  The Hare and Hounds then changed its name to The Chipshop Inn and since the change of ownership and refurbishment, it has changed its name to The Copper Penny Inn to commemorate the historic origins of the property and the area.

During our clients’ period of ownership the property has undergone extensive refurbishment, modernisation and redecoration.  Two new two bedroom self-contained and self-catering holiday flats have been constructed which offers a high levels of furnishings and fittings and are proving most popular with both holidaymakers and commercial customers alike.  The skittle alley and functions room have also had a makeover with a separate bar and a farm shop has also been created with storerooms, which again our clients operate.  Overall, the property is now very well presented and the business is in a state to be driven forward, further exploiting all of the aspects of wet sales, good quality food and letting.  The farm shop is an additional bonus and, whilst run casually, could also be further exploited.

This immediate area has become increasingly more sought after and affluent, and particularly popular amongst the equine fraternity, with a number of local estates and farms holding regular “shoots”.

The building has a traditional style of appearance constructed of solid masonry walls with rendered and painted elevations below pitched roofs clad with slate/composite slate.  To the front and side of the property is a good-sized car parking area together with a trade garden.

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Office Address

Huntley & Partners
Spargo House
10 Budshead Way
Plymouth
Devon
PL6 5FE

Telephone

01752 206020

(24hr answering service)