The Mariners Arms 42 South Street 5,653 SF Retail Building Braunton EX33 2AA $86,950 ($15.38/SF)

INVESTMENT HIGHLIGHTS

  • Strong established trade
  • Brilliant beer garden
  • Includes a 3 - bedroom apartment
  • Excellent future potential

EXECUTIVE SUMMARY

The Mariners Arms is a well presented and deceptively spacious village freehouse with origins clearly dating back to a bygone era though the extremely adaptable functions suite is clearly a more recent addition. This well regarded free of tie village country pub retains many attractive features and comes fully equipped with an extensive inventory of quality fixtures and fittings. This most impressive business briefly comprises:- Character Main Bar and adjoining Snug/Sports Bar, impressive and well- equipped Commercial Catering Kitchen and ancillary facilities, spacious self - contained Owners/Managers Apartment offering Sitting Room,3 Bedrooms, Shower Room/WC and Galley Kitchen.To the rear of the property is an enclosed, walled beer garden stretching out to approximately 100 feet in length , mainly laid to lawn, with Patio Terrace and a separate Smoking Area/Terrace. The Mariners Arms is a well regarded village inn with a loyal local custom and tourist trade boost - viewing is strongly recommended in order to fully appreciate the quality and standards inherent throughout all aspects of this lovely, free of tie Village Inn.
Main customer entrance door to the front into entrance lobby and through into LOUNGE BAR an attractive character trading area (18'3'' x 12' 6'' plus 10'3'' x 28'4'' L shaped), brick faced bar servery with polished counter top, timbered ceiling, 2 x wall mounted TV screens,range of freestanding wooden tables and upholstered wooden chairs, pine fireplace with tile surround & inset gas fire, shove ha'penny board, glass fronted trophies cabinet, wall mounted Juke Box.Open plan through into SPORTS BAR (22'9'' x 17'8'') Feature stone inglenook fireplace & hearth with gas fired log effect fire, timbered ceiling , large screen TV mounted on high mounting unit, range of free standing wooden tables, upholstered chairs. Polished topped substantial return BAR SERVERY with Altro flooring and fitted with associated back bar fittings and display shelving, 2 x LEC glass fronted bottle fridges, Casio cash register, hand basin, glass washer, Kenco commercial coffee machine, shelving for glassware. LADIES,GENTS WC'S, BABY CHANGE,SPIRIT STORE,BEER CELLAR temperature controlled. Door through to rear garden & FUNCTIONS SUITE (66'5'' X 20'4'') Fully functioning BAR , range of wooden tables, upholstered chairs and bench seating, dance floor/skittle alley, gas heaters and smoke extraction units. COMMERCIAL CATERING KITCHEN (15' X 12'4'') & WASH-UP AREA (15'4'' X 5'6''), with a comprehensive range of commercial catering equipment to include- chest deep freeze, DIRH dishwasher,single drainer, deep, stainless steel sink, quarry tiled flooring, MERRY CHEF turbo oven, Lincat grill, Prolite double floor standing deep fat fryer & plancher, gas interlock 5 burner gas range,extractor system with stainless steel canopy over, 4 x Samsung commercial
microwave ovens (1850W), 2 x Fagor undercounter commercial fridge units, walk-in chiller (230 cubic feet), wall tiling throughout.
EXTERNAL DETAILS
To the rear of the pub is an enclosed, walled CUSTOMER BEER GARDEN with featured bench seating, laid mainly to provide lawn areas , and extending to over 100 feet in length (average width 30 feet). This is a "secret" garden area and a real asset to this business. SMOKING SHELTER,WOODEN STORAGE SHED. Planted out with an array of mature plants, shrubs and trees. Electric hook up point to facilitate band/outdoor events.
THE BUSINESS
The Mariners Arms is a very popular free of tie village pub/restaurant which is well presented and offers impressive trading areas The "Mariners" (as it is known locally) is a strong focal part of the village and the community. Our clients bought the pub in 2008 and have invested much time, money and effort during those 14 years into this deceptively spacious, Tardis like premises which is now presented and equipped to a high standard throughout. The business benefits from strong levels of regular, year-round trade, not only from the village, but also the surrounding hamlets, villages & towns. There is also a welcomed, year-round, tourist trade. The pub is home to three skittle teams, three darts teams and a pool team. Our clients are selling the business to retire having, in recent years, worked themselves on a part time basis, ably assisted by a management team which includes two full time members of staff & part timers when required. The sale now of The Mariners Arms offers the opportunity to acquire an attractive, well regarded, licensed business with great potential and without doubt located in a very special place to live and work. A formal viewing is essential in order to appreciate all that this quality business has to offer.
• New 20 year lese (Nov '19)
• Strong established trade
• 3 Bedroom apartment
• 100 ft walled beer garden
• Excellent future potential
• First time for sale in 12 years

ATTACHMENTS

property-pdf

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Bar
Building Size
5,653 SF
Building Class
B
Year Built
1880
Price
$86,950
Price Per SF
$15.38
Tenancy
Single
Building Height
2 Stories
Building FAR
0.16
Lot Size
0.81 AC

NEARBY MAJOR RETAILERS

Co-operative Food
Tesco Superstore
  • Listing ID: 27476699

  • Date on Market: 1/10/2023

  • Last Updated:

  • Address: 42 South Street, Braunton EX33 2AA