Fantastic Opportunity To Purchase One Of The Few Remaining Independent Freehold Inns on Dartmoor, Devon

The Kestor Inn is a popular character destination village inn, which offers spectacular views over Dartmoor and the surrounding countryside. With origins reputedly dating back to the early 20th Century, the property is presented to an extremely high standard throughout having been the subject of considerable upgrade and improvements by the current owners, during their 5 years of ownership. Much of the character has been retained and enhanced within the superior, purposely fitted, equipped and furnished premises and this high quality food led pub and restaurant with letting rooms briefly comprises:- 5 impressive Ensuite Letting Bedrooms, Main Bar Area (40+), Lounge Area (12+), Dining Room (50), well equipped Commercial Catering kitchen with extensive ancillary and backup facilities, and a spacious 2 Double Bedroom Owners Apartment with open plan Sitting Room, Kitchen and Dining Room. Externally, there is a Patio Terrace and lawned Beer Garden with panoramic moorland views (40+), a Covered Seating Area (10+), and a Customer Car Park for 8+ vehicles. The Kestor Inn is a successful and attractive destination country village inn, and this profitable business provides an impressive level of trade and profits. Set within an extremely sought after area, a viewing is highly recommended to appreciate all that this multifaceted business opportunity has to offer and the potential which still exists.

SITUATION
The Kestor Innis a renowned freehouse, set in an elevated position with panoramic views in the idyllic and popular unspoilt Dartmoor village of Manaton. Surrounded by stunning moorland countryside, and renowned for its beauty and tranquillity, Manaton boasts a combination of open moorland with rugged tors, contrasted by sheltered wooded valleys. Located on the eastern side of Dartmoor National Park with an abundance of scenic walking, cycling and riding opportunities, as well as fishing and kayaking in the immediate area, all of which attracts customers to the business. Manaton combines the attractive natural beauty of Dartmoor with the convenience of accessibility to the popular town of Bovey Tracey (4miles), the market town of Newton Abbot (10 miles) with mainline railway station to London Paddington. The A38 dual carriageway (6 miles) provides excellent access to the cities of Plymouth (36 miles) and Exeter and the M5 motorway (17 miles). The university and cathedral city of Exeter has a wide range of facilities, two mainline rail links to London and Exeter International Airport.

INTERNAL DETAILS
Customer entrance doors to the side from the carpark into Entrance Porch. Main Bar an impressive area with tremendous character, engineered oak flooring, 2 feature wood burning stoves set in stone fireplaces, exposed ceiling timbers, darts oche area, extensive range of freestanding wooden tables, chairs and settle seating comfortably for 40 customers. Substantial Bar Servery fitted with a comprehensive range of associated back bar fittings, refrigeration and extensive display shelving. Lounge Area another character area with heavily beamed ceilings, range of comfortable sofas and armchairs seating 12+ customers. Customer WC’s. Dining Room with carpeted flooring and benefitting from stunning panoramic views to the front over Dartmoor, range of freestanding wooden tables and chairs comfortably seating 50 customers. Commercial Catering Kitchen with non-slip flooring, part stainless steel and part wipe clean clad walls, equipped to a high standard with an extensive range of commercial catering equipment to include:- extraction system with stainless steel canopy and gas interlock system, 6 burner gas range, flat top griddle, turbofan oven, twin floor standing deep fat fryer, under counter fridge, 3 door under counter commercial fridge, 2 commercial microwave ovens, warming cabinet, saladette, commercial upright fridge, stainless steel deep bowl sink, stainless steel worksurfaces with shelving below, stainless steel hand basin. Storeroom with chest freezer, upright freezer, worksurfaces with storage shelving below, microwave oven and racked shelving. Wash Up Area with tiled walls, stainless steel deep bowl sink, commercial dishwasher, stainless steel worksurfaces with shelving below, ice machine, shelving. Walk In Fridge. Beer Cellar temperature controlled on the lower ground floor. 2 lower ground floor Store Areas with 2 freezers and ample storage. Laundry Room with 3 washing machines and 3 tumble dryers.

LETTING ACCOMMODATION
The inn offers 5 Extremely Well Appointed and Impressive Ensuite Letting Bedrooms situated on the ground and first floors and each benefitting from tea and coffee making facilities, televisions, hairdryers, Wi-Fi and briefly comprising:-
Bedroom 1 a deluxe double room with super king double bed, views over Dartmoor and an ensuite shower room.
Bedroom 2 a king-size double bedroom with views over Dartmoor and an ensuite shower room.
Bedroom 3 a large family room with super king double bed, double sofa bed, views over Dartmoor and an ensuite shower room.
Bedroom 4 a super king double/twin bedroom with an ensuite shower room.
Bedroom 5 a deluxe double room on the ground floor with super king double/twin beds, outside seating terrace and an ensuite shower room.

EXTERNAL DETAILS
The property is approached from the road, leading to the Customer Car Park with off road parking for 8+ vehicles with additional unrestricted roadside parking available for customers adjacent to the inn. Covered Customer Seating Area for 10+ customers. To the front of the property is a Patio Terrace Area with steps leading from the dining room and giving access to the lawned Beer Garden with stunning views of Dartmoor and offering seating for around 40+ customers. To the rear of the inn is a service yard area with oil tank, Bin Store Area and Shed.

PRIVATE ACCOMMODATION
Situated on the second floor is a spacious owners apartment which briefly comprises:- Large Open Plan Sitting Room, Dining Room and Kitchen with kitchenette. Bedroom 1 a large double bedroom. Bedroom 2 a double bedroom.

THE BUSINESS
The Kestor Inn is a well presented throughout having been refurbished and upgraded by our clients during their 5 years of ownership. The inn trades as a popular and well-regarded country moorland village inn and destination freehouse with letting accommodation. With enviable views the inn is located in a sought-after village and is a traditional character country inn and is the only pub in the village. In addition to Manaton, it serves other surrounding villages, hamlets and towns in the area and also attracts tourist trade year-round. The Kestor Inn is well supported by the community and has a reputation for good homemade pub food, well kept local beers and a well-stocked bar. The inn also offers a popular Sunday carvery roast and a darts team, a weekly quiz night and hosts occasional live music. The business benefits from impressive levels of regular repeat custom and the letting rooms attract a steady stream of custom year-round, with a rating of Superb – 9 on Booking.com. The Kestor Inn benefits from numerous 5 star reviews on Google and Tripadvisor and it has its own website which provides further background information, opening hours, and menus etc. The sale of Kestor Inn represents a tremendous opportunity to purchase an exceptionally well presented and well-regarded destination country inn in a sought after and idyllic location. With consistently strong levels of trade, and significant profits, The Kestor Inn is undoubtedly a very special place to live and work and a viewing is essential.

TRADING INFORMATION
Accounts for the year ending 30th September 2023 show sales of £342,325 net of VAT with a healthy reconstituted net profit exceeding £90,000. We are advised that the split of trade is 45% food sales, 35% wet sales and 20% accommodation sales. Our clients advise that trade levels for the current year show further growth. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

CURRENT STAFFING
The business is run by our clients, with the assistance of 3 full time (including 2 chefs) and 3 part time members of staff.

POTENTIAL
Our clients advise us that there is tremendous potential to develop all aspects of the trade still further and for future growth in business levels, particularly by introducing an all day drink and/or food service, especially during the busy summer months. There are also undoubtedly opportunities for further promotion of the letting accommodation.

EPC
Requested and to be confirmed.

RATING
We are advised that 100% Small Business Rate Relief is currently available to eligible parties.

SERVICES
Mains electricity, water and drainage are connected. Oil central heating and hot water. LPG for cooking.

TRANSFER OF A GOING CONCERN
The sale includes the goodwill of the business and will be subject to Transfer of Undertakings (Protection of Employment) Regulations (TUPE).