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Pub for sale
Property description & features
- A Well Known & Well Established Sports & Music Bar Occupying a Prime Position
- Spacious Main Open Plan Trading Area with Raised Pool/Sports Section
- Outside Seating Area with Shelter, Outdoor Flat Screen TV & Commercial Kitchen
- 2 Well Presented, Self-Contained 1 Bed Flats Currently being Refurbished
- Strong Turnover with Scope to Increase Trade & Introduce Food Sales
MAIN TRADING AREA
Very well equipped and attractive trading space with central timber fronted and granite topped bar servery. Raised seating area to perimeter with bespoke built timber tables and upholstered bar stools, further seating at timber trestles and tables to side. Tiled floor. 4 Flat screen TVs, raised Pool Table area to rear Swing door through to:-
COMMERCIAL KITCHEN
Currently unused but fitted with a range of commercial catering equipment.
DISABLED W.C.
OUTSIDE
COURTYARD AREA
Accessed through double doors to the rear of the premises with seating for 30 plus. Smoking shelter to one elevation and special outdoor weatherproof flat screen TV to far wall.
GROUND FLOOR TEMPERATURE CONTROLLED AREA
Accessed via the courtyard.
MAIN ENTRANCE LOBBY
Accessed through back of main trading area with separate entrance to outside. Staircase leading to first floor.
FIRST FLOOR
GENTS CLOAKROOM
With sensor lighting and finished to a high standard. 3 Urinals, 1 WC with tiled walls and floors.
LADIES CLOAKROOM
With sensor lighting and finished to a high standard. 2 WC's, 3 wash hand basins, with tiled walls and floors.
2 SELF-CONTAINED FLATS
Situated over first and second floors, both currently being refurbished. New uPVC double glazed windows to principal elevation. N.B. these flats have been previously let with strong demand to relet on ASTs.
FLAT 1
LIVING ROOM. KITCHEN.BEDROOM.BATHROOM With shower, WC and wash hand basin.
FLAT 2
LIVING ROOM. KITCHEN.BEDROOM.BATHROOM With corner bath, WC and wash hand basin.
GENERAL INFORMATION
RATEABLE VALUE
2023 List: £19,750. Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority, Teignbridge District Council.
BUSINESS
The King William IV is a well established and popular bar, situated in a particularly attractive property. The premises have been finished to a very high standard throughout with the benefit of 2 self-contained flats which provide flexible space for occupying or letting. The King William IV is run as a wet led bar, which has a strong local and regular following. The bar is particularly popular at weekends and is well known as a sports bar showing all the main sporting events throughout the calendar. The 'King Billy' is also well frequented with live music gigs and other events. The bar currently opens 4-11pm Mondays to Thursdays, 4-12pm Fridays, 12-12pm Saturdays and 12-10pm Sundays. The premise does also have late license hours, which only one other pub in Teignmouth has. The operation is run largely under management with limited involvement from the owner. There is therefore genuine scope for an owner occupier to boost the already impressive bottom line profit by extending trading hours and introducing food. Further trading information will be provided to bona fide interested parties following a formal viewing arranged through the Sole Selling Agents, Bettesworths.
PRIVATE MORTGAGE
Our vendor client is willing to provide a private mortgage for any suitable, interested party, subject to status and lending criteria.
SERVICES
We are advised that all mains services are connected to the premises.
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 RATINGS
King William IV - AWAITED. First Floor Flat - D. Second Floor Flat - AWAITED.
VIEWING
Viewing is highly recommended and can be arranged as prior appointment with the Sole Agents, Bettesworths.
Tenure: Freehold
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 10, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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