Peninsula Commercial

EAST DEVON INN SOLD

PRESS RELEASE: SOLD
THE ROLLE ARMS, EAST BUDLEIGH, DEVON
DATE: AUGUST 2008

Peninsula Commercial is pleased to announce the leasehold sale of ‘The Rolle Arms’ in the village of East Budleigh in East Devon.

The business has been bought by Paul & Amy Bowsher-Grief from Watchet near Minehead in Somerset. The Rolle Arms will be the first business that Paul & Amy have bought though they have much experience in the licensed trade.

The Rolle Arms is an excellent village pub which is very much the heart and soul of this beautiful and historic village. The business is well known for its food and has up to 56 covers, though the new owners are keen to keep the traditional wet trade. The pub also has a separate skittle alley and an adjoining barn which has yet to be developed.
The seller of the Rolle was Graham Edwards who bought the business almost 10 years ago. Graham has a wealth of experience and has lectured on the catering and licensed trade at local colleges.

The business was sold through Sole Selling Agents Peninsula Commercial off an asking price of £75,000 having been on the market with another agent for some time.

LOCAL PUB SOLD TO LOCAL BUYERS

Peninsula Commercial is delighted to announce they have sold the Butterleigh Inn’ situated in the idyllic village of Butterleigh, near Cullompton, Devon off a freehold asking price of £800,000.

The Butterleigh Inn can be found approximately 3 miles west of the historic market town of Cullompton and the Cathedral City of Exeter being some 15 miles away. The village is set amongst beautiful Devon countryside, however, still offering good access to the Towns of Cullompton, Tiverton.

A substantial detached character property reputed to date back 400 years, having been the subject of major alterations to include extensions to the main restaurant, commercial kitchen and existing owner’s accommodation and to create 4 En Suite letting bedrooms and an apartment. The ground floor boasts a cosy 45 cover restaurant, a character main bar seating 36 and the ‘Old Restaurant’ located off the main bar providing a further 16 covers. The first floor has 2/3 bedroom owners accommodation with separate lounge and shower room with a second landing area providing access to the 4 En Suite letting bedrooms and a separate apartment. Externally, the property occupies a sizable plot, benefiting from a customer car park, a patio and lawned customer trade garden and a private enclosed lawned owners garden.

Gary Roberts, Principal at Peninsula Commercial commented “The Butterleigh Inn is a well known quality food led village inn. We attracted a very high level of interest in this well regarded Freehouse. The business was sold to local purchasers from Exeter off a freehold asking price of £800,000. For further details, please contact Peninsula Commercial on 0845 555 44 22 or log onto www.peninsulacommercial.co.uk

NEW HEAD OFFICE FOR PENINSULA COMMERCIAL

Peninsula Commercial Have Relocated Their Head Office To New Modern Purpose Built Offices Close To Exeter Airport Business Park, Offering Clients Easier Access To Their Offices Being Within 3 Miles Of Junction 30 (M5).

Gary Roberts, Principle At Peninsula Commented 'This Is The First Of Many Positive Changes To Happen Within The Restructure Of The Company This Year. We Have New Staff Joining Us Shortly To Expand Our Licensed, Catering And Retail Departments'.

For Further Information, Please Contact Peninsula Commercial On 0845 555 44 22 Or At Our New Head Office Address;

Peninsula Commercial
Silverdown Business Park
Exeter Airport
Exeter
Devon
EX5 2UX

SOLD - CORNWALL CARAVAN & CAMPING BUSINESS

Peninsula Commercial is pleased to announce they have sold ‘Mena Caravan & Camping Site’ situated in the village of Lanivet, close to Bodmin in Cornwall.

The seller of the business was Mr Jack Stevenson who has retired. Mr Stevenson had owned Mena for 15 years and originally set up the Camp Site facility.

The new owners of the business have many plans to improve Mena over the coming years as the site has considerable land for expansion. The site is currently registered for 30 touring caravans or tents and also has 2 Static Caravans. The site covers 15 acres and has superb views of surrounding open countrysite. There is a secluded fishing lake and a purpose built games barn with a variety of activities on offer. The main camping field has 34 Pitches and 14 electric hook ups. The site is attractively landscaped with 3 main fields and granite stonework and mature shrubbery. There is a central play area with climbing frames & slide and a good sized showers and toilet block.

There is a large detached farmhouse which also doubles as a reception area for arriving guests. There are 5 bedrooms and attractive and characterful reception rooms. The secluded private garden has an ornamental pond, large patio area and a studio with private veranda.

Peninsula Commercial had a great deal of interest in the business and have had further recent success with similar leisure businesses. The demand for Camping and Caravan sites remains strong.

The Freehold of the business was sold off an asking price of £875,000 to Ralph & Kirsty Abbott from East Grinstead in West Sussex through Sole Selling Agents Peninsula Commercial. For further details, please contact Peninsula Commercial on 01392 848484.

SOLD - CHARACTER HOTEL SET IN 2 ACRES

Peninsula Commercial is pleased to announce the sale of ‘The Dragon House Hotel’ situated in Bilbrook, near Minehead, Somerset.

The Dragon House Hotel is a dominant landmark property situated on the A39, conveniently located approximately 4 miles from the medieval village of Dunster, and 6 miles from the coastal Town of Minehead and the North Somerset coastline. The Hotel makes an ideal base for tourists visiting the many attractions the surrounding areas have to offer. The business has undoubtedly benefited from passing trade being located on this popular tourist route. Easy access can be gained to the motorway network at Taunton or Bridgwater (Junction 24/25 - M5

The Dragon House Hotel is a charming and historic Grade II listed 18th Century Country House Hotel set in approximately 2 acres of grounds and benefiting from an enviable trading position between Exmoor National Park and the Quantock Hills in Somerset. This substantial property briefly comprises of 9 En Suite guest bedrooms arranged over 2 floors with scope to increase to 10, beautiful ‘Paneled’ Restaurant, Character Bar, Residents Lounge, Conservatory Dining Room and a Reception area with ‘glass domed roof’. There is substantial owner’s accommodation consisting of a characterful 2/3 bedroom cottage and a detached 4 bedroom bungalow within the grounds.

Set in around 2 acres of mature grounds, this delightful property offers a range of lawned areas, rear courtyard patio garden with access to ladies and gentleman’s cloakrooms. Customer parking facilities immediately outside the Hotel with an overflow car park located to the rear of the Hotel boundary. Access to the owner’s 4 bedroom detached bungalow can be gained off the main Hotel graveled driveway.

Gary Roberts, Senior Partner at Peninsula Commercial commented “The Dragon House Hotel is a very unique and highly desirable business which has been maintained to an extremely high standard throughout. This coupled with its current trading levels attracted an enormous level of interest from both national and regional purchasers’. The successful purchasers are Harvey and Natasha Willis who have extensive experience in the leisure industry”.

The Freehold interest was sold through Sole Selling Agents Peninsula Commercial off an asking price of £795,000 although the final figure remains undisclosed. For further details, please contact Peninsula Commercial on 01392 848484 or log onto www.peninsulacommercial.co.uk

EXETER CITY HOTEL SALE - FIRST TIME IN 36 YEARS

Peninsula Commercial is delighted to announce the sale of the St Andrews Hotel situated in Alphington Road, Exeter.

St Andrews Hotel is one of Exeter’s leading independently owned Hotels that has operated in the same family for 36 years. The business and property has been the subject of considerable and ongoing refurbishment throughout with the addition of 2 extensions during our client’s occupation. The property is currently arranged to offer 17 En Suite guest bedrooms arranged over ground, first and second floors of the property with a restaurant, lounge bar and residents lounge situated on the ground floor of the property with the restaurant also being open to non-residents. To the rear of the business is a delightful 4 bedroom owner’s house arranged over two floors. Externally, the business provides parking for up to 17 vehicles and benefits from a private lawned garden and double garage.

Gary Roberts 'Senior Partner at Peninsula Commercial' commented "The St Andrews Hotel is a landmark Hotel situated within a mile of the City Centre. The bespoke national and regional advertising campaign we provided attracted enormous interest from local and national purchasers resulting in the sale being agreed within 2 weeks of the Hotel coming to the market".

The freehold was sold off an asking price was £895,000 although the final sale price remains undisclosed. For further information contact Peninsula Commercial on 01392 848484.

17th CENTURY VILLAGE FREEHOUSE SOLD

Peninsula Commercial is pleased to announce the sale of the Shurton Inn situated in the Somerset village of Stogursey.

A substantial detached 17th century freehouse boasting enormous charm and character and having been the subject of much recent investment. The business trading areas consisted of two bar areas with the addition of a restaurant and conservatory room. Externally the business offered 4 self contained letting suites situated in a detached letting block.

Marketed by Sole Selling Agents 'Peninsula Commercial' the buiness was under offer within a short marketing campaign to and was sold off an asking price of £550,000 although the final sale price remains undisclosed.

HISTORIC NIGHTCLUB SOLD TWICE BY LICENSED SPECIALISTS

Peninsula Commercial has today announced the sale of Spanky's Nightclub situated in the historic market Town of Honiton in East Devon.

Spanky's Nightclub is a well established business and has traded under many names since around 1961. The business enjoyed a substantial refit during 2004 and offers two main trading areas over ground and first floor.

Peninsula Commercial sold the business in 2004 and have now again sold the business for an undisclosed sum to 'Blue Cube Ltd' a substantial nightclub operater based in London.

For further information please contact Peninsula Commercial on 01392 848484

TRADITIONAL VILLAGE INN SOLD TO LOCAL BUYER

Peninsula Commercial has today announced the sale of the White Hart Inn situated in the idyllic village of Bridestowe on the Devon/Cornwall border.

The White Hart Inn trades as a traditional village freehouse with the benefit of seperate restaurant and letting accommodation to the first floor. Externally the business offers a pretty lawned trade garden situated beside a stream and a large car park.

The business was sold for an undiscolsed sum off a freehold asking price of £475,000. For further information please call Sole Selling Agents Peninsula Commercial on 01392 848484.

SOMERSET FREEHOUSE SOLD TO LOCAL FAMILY

Peninsula Commercial Has Just Completed The Sale Of The Volunteer Inn In Seavington St Michael, Near Ilminster To A Local Family. The Previous Owners Were At The Business For Approximately 4 Years & Enjoyed A Healthy Trade.

This Is A First Time Pub Purchase For The Buyers Who Have Previously Frequented The Volunteer As Customers Over Several Years.

The Volunteer Inn Is An Attractive & Characterful Freehouse With A Traditional Business Mix Of Food & Wet Trade & There Is The Added Income That Derives From 3 Luxury Letting Rooms Above. There Is A Self Contained Owner''s Flat And An Attractive Trade Garden To The Rear Overlooking Open Countryside.

Peninsula Commercial Wish The New Owners Best Wishes With Their New Venture

CAMBORNE FREEHOLD PUBLIC HOUSE SOLD

Peninsula Commercial Of Exeter Are Pleased To Announce The Successful Sale Of An Established Freehold Public House Situated In Tuckingmill near to Camborne in West Cornwall To A Major Pub Company, Punch Taverns.

Currently Trading As 100% Wet Led Business Though Having Excellent Potential For Food Trade As A Commercial Kitchen Is In Place. The Business Was Offered For Sale In Superb Condition With 3 Separate Bar Areas & Patio Trade Garden, Customer Car Park & Superb Refurbished Owners'' Accommodation With 4 Bedrooms(3 En-Suite)& Lounge.

Please Contact Jeremy Kelly Or Gary Roberts on 01392 848484 For Further Information.

DEVON/CORNWALL BORDER FREEHOUSE SOLD

Peninsula Commercial is delighted to announce the successful sale of The Edgcumbe Arms situated in the delightful village of Milton Abbot, close to Tavistock.

A substantial detached character property reputed to date back to the 16th Century and having been the subject of much improvement and sympathetic refurbishment. The Edgcumbe Arms is well presented public house boasting a wealth of charm with exposed beams and character features.
The ground floor of the property briefly comprises of a Lounge Bar and Rear Bar, customer cloakrooms, cellar, ground floor kitchen (offering scope to be used for food sales) and a small office located off the kitchen area. The first floor offers 3 good sized double bedrooms and a bathroom with access to 2nd floor roof void currently used as storage area, but ideal to be converted to additional accommodation (subject to the usual permissions. To the rear of the business is an enclosed customer car park.

The business was sold off a freehold asking price of £350,000 although the eventual selling price remains undisclosed. For further information, please contact Jeremy Kelly on 01392 848484.

HISTORIC VILLAGE INN SOLD

Peninsula Commercial has today announced the successful sale of the Butchers Arms, situated in the village of St Ive, close to Liskeard.

The Butchers Arms is a most attractive and well presented public house reputed to date back to the 16th century. The property both internally and externally has partially been the subject of a refurbishment programme and boasts much charm and character. The property occupies a sizable plot and incorporates a detached public house, large customer car park, private owner’s garden, rear lawned trade garden with children’s playframe and benefiting from an adjoining paddock advised to be around 2 acres. Within the paddock is a 5 berth static caravan which is included in the sale. Internally the business comprises of a character public bar, a separate 26 cover cosy dining room, family room (unused, but with planning permission granted to convert to a general store) and cottage style 3 bedroom owners accommodation with lounge and bathroom situated on the first floor.

The Butchers Arms was sold through Sole Selling Agents Peninsula Commercial, although the final selling price remains undisclosed. For further information, contact Peninsula Commercial on 01392 848484.

CORNISH ESTUARY-SIDE INN SOLD

Peninsula Commercial is pleased to announce they have sold The Fisherman’s Arms situated in the stunning riverside village of Golant near Fowey.

Golant is a beautiful village situated on the River Fowey approximately 3 miles to the North of Fowey, and close to St Austell on the South coast of Cornwall. The business is located by the Quay adjacent to the river in a superb location.

The Fisherman’s Arms dates from 1826 and is an end of terrace property sitting on a very large plot. The property has considerable character and an efficient ground floor layout. The bar area naturally leads out to the terrace and patio areas which provide extensive alfresco eating and drinking areas, including a covered & heated canopy. The gardens and terraces overlook the River which provides a stunning back drop. There are further garden areas and lawns and a car park. The first floor provides the generous owners accommodation with 3/4 bedrooms.

Jeremy Kelly, Associate at Peninsula Commercial commented "The Fisherman’s Arms is a very well known estuary side Inn and the business attracted a significant level of enquiries from local and national purchasers. The business represented an great lifestyle opportunity".

The business was sold through Sole Selling Agents Peninsula Commercial.For further details, please contact Peninsula Commercial on 01392 848484.

POPULAR CORNISH FREEHOUSE SOLD

Peninsula Commercial is proud to announce they have sold The Springer Spaniel situated in a delightful village close to Launceston.

The Springer Spaniel occupies a dominant roadside trading location on the A388 which provides links to the City of Plymouth and the historic market town of Launceston. The business is situated close to the infamous St Mellion Golf Course and enjoys easy access to the A30 Devon/Cornwall Expressway and the A38. Access to the motorway network can be gained at Exeter (M5) some 45 miles away.

The Springer Spaniel is a beautifully presented Country Inn boasting a wealth of character reputed to date back to the 18th Century, featured in the AA Pub Guide and ‘Highly Commended’ in the Pub Of The Year 2003 awards. This substantial detached property has been the subject of a large refurbishment programme to include the lounge bar, snug bar and the commercial kitchen was completely remodeled 18 months ago. The versatile owner’s accommodation is situated on the first floor and offers a lounge, bathroom, kitchen and 3 bedrooms. Externally there is a large car park for up to 30 vehicles with a lawned trade garden and external storage units including a double garage.

Sole Selling Peninsula Commercial sold the Springer Spaniel off a Freehold Asking Price Of £625,000. For further information, please contact Peninsula Commercial on 01392 848484 or log onto www.peninsulacommercial.co.uk

PENINSULA COMMERCIAL JOIN THE NAEA

Peninsula Commercial are delighted to announce that they are now members of the National Association Of Estate Agents.

Senior Partner Gary Roberts commented "Peninsula Commercial is now part of the largest professional estate agency organisation that has around 10,000 members. By becoming members, we are demonstrating our commitment and professionalism to our clients. We are consistently striving to find ways to raise our exceptionally high standards in the way we work and to join the National Associaton Of Estate Agents was the best way to demonstrate this. By becoming members, we agree to operate within the NAEA professional code of practice and rules and conduct".

If you would like further information on the National Association Of Estate Agents, please go to their website www.naea.co.uk

EAST DEVON CHOCOLATE BOX FREEHOUSE SOLD

Peninsula Commercial Are Delighted To Announce The Sale Of The Yarcombe Inn, Situated In The Idyllic East Devon Village Of Yarcombe.

A beautifully presented and historic thatched Inn, with origins belevied to date back as far as the 9th Century. This substantial property has been the subject of considerable investment and offers character and spacious trading areas to include a 30 Cover Lounge Bar and a delighful dining room offering a further 20 covers. The first floor of the property retains a skittle alley, 2 individual and attractive En Suite letting bedrooms and 2 bedroom owners accommodation.

Externally, there is customer car parking to front and a pretty enclosed trade garden to the rear with far reaching countryside views.

The Freehold was sold by Sole Selling Agents Peninsula Commercial for an undisclosed figure. For further information, please contact us on 01392 848484.

CONFIDENTIAL SALE OF FREEEHOUSE

Peninsula Commercial have today announced the successful sale of a substantial freehouse - The Stapleton Arms situated in the idyllic village of Buckhorn Weston.

Peninsula Commercial were instructed to offer the business for sale of a highly confidential basis at an asking price of £695,000.

The business was placed under offer within 2 weeks of coming to the market to experienced operators from Somerset.

If you are considering the sale of your business and are seeking a confidential sale, without the need of national and regional advertising, contact us now on 01392 848484 to discuss how we can assist you.

SOLD - SUBSTANTIAL DORSET FREEHOUSE

Peninsula Commercial is pleased to announce they have sold ‘The Greyhound Inn’ situated in a sought after West Dorset village.

The Greyhound is a beautifully presented Country Inn boasting a wealth of character situated in a sought after West Dorset Village. Internally the business offers a character main bar with beautiful stone flooring, dining room with open fireplace, a dedicated restaurant, conservatory dining room and a function room. Externally, our client converted an outbuilding into a magnificent ‘Coach House’ now offering 6 quality and beautifully presented En Suite letting bedrooms arranged over two floors. The business benefits from a good sized graveled car park with large external trade gardens.

The Greyhound occupies a central trading position in the heart of this popular and sought after Dorset village. Sydling St Nicholas can be accessed via the A37, Approximately 10 miles north of Dorchester and approximately 13 miles south of the market town of Yeovil. Nearby, the business has benefited from being located within 3 miles of the ‘Southern Counties’ shooting ground, where regular events take place including shooting and kart racing. The business has also benefited from local private shooting parties during the season.

The business was sold off a Freehold asking price of £700,000 to experienced operators John Ford & Karen Trimby, & Ron Hodgson through Sole Selling Agents Peninsula Commercial. For further details, please contact Peninsula Commercial on 01392 848484 or register online at www.peninsulacommercial.co.uk

SOLD - DEVON COAST PUBLIC HOUSE

Peninsula Commercial is pleased to announce they have sold The Exmouth Arms situated in the popular coastal town of Exmouth, Devon.

The Exmouth Arms is situated within a few minutes walk of Exmouth’s bustling Town Centre and close to Exmouth’s award winning sandy beaches. The Cathedral City of Exeter and access to the motorway network can be gained approximately 8 miles North West of Exmouth.

Customer entrance vestibule leading into the Main Bar, offering a large open plan character trading area with large L-shape wooden bar servery with wooden canopy over, range of wooden tables and spindle-back chairs, upholstered back benches and bar stools, dart board area, pool table area, part carpet and part wooden flooring. Access by rear of bar leading to the ladies and gent’s W/C’s and cellar. Access to a ground floor kitchen with door leading up to the owner’s accommodation can be found behind the well equipped bar servery. The owner’s accommodation is situated on the first floor. The first floor comprises of a lounge, bathroom and 3 good sized bedrooms with the benefit of a private flat roof garden providing interconnecting access to a large office/store room. There is a separate staircase from the office leading down to the rear of the bar.

Our clients purchased the Exmouth Arms 5 years ago and now wish to pursue other business interests. During our client’s occupation, they have made many improvements to the fabric of the building and increased trade. The business is 100% wet led and offers considerable scope to introduce food sales. The business operates traditional trading hours are from 11.00am to 11.00pm Monday to Saturday and Sunday 12.00 to 10.30pm. Trading accounts on file show a substantial turnover with very high net profits.

Gary Roberts, Partner at Peninsula Commercial commented “ The Exmouth Arms attracted an enormous level of interest from national and regional purchasers. The successful purchasers were Mr Mick Todd & Miss Lowra Brutti. The leasehold interest was sold for an undisclosed figure off an asking price of £125,000 through sole selling agents Peninsula Commercial. For further details, please contact Peninsula Commercial on 01392 848484.

SOMERSET COAST HOTEL - SOLD

Peninsula Commercial is pleased to announce the successful sale of the ‘Kingsway Hotel’ situated in the sought after West Somerset Town of Minehead.

The Kingsway Hotel is situated in Ponsford Road which is a short level walk from the Minehead Town Centre and seafront. Ponsford Road and other adjoining roads and renowned for being host to a range of Hotels, Bed & Breakfasts and Guest Houses. Minehead is a popular coastal Town offering beautiful beaches, a scenic harbour, good shopping facilities and the West Somerset Steam Railway.
Minehead makes an ideal base for tourists visiting the area and the many attractions in the surrounding villages.

The Kingsway Hotel is an impressive and dominant substantial detached purpose built Hotel believed to be built in 1927. The property generally has been the subject of much improvement throughout and more importantly well maintained to a high standard during our client’s occupation. The Kingsway Hotel offers accommodation arranged over three floors to include, entrance hallway, residents lounge, bar, large dining room, private separate owners accommodation, 8 En Suite guest bedrooms arranged over first and second floor and benefiting from an attic room currently used as a private occasional bedroom/store room situated on the third floor. Externally, the property occupies a sizable corner plot and is set in award winning mature lawned gardens with the benefit of a private owner’s garden and parking

Gary Roberts, Senior Partner at Peninsula Commercial commented “The Kingsway Hotel attracted an extremely high level of enquires due to its level position close to the seafront and also because it is purpose built. The successful purchasers were Mr & Mrs Erfurt from Ossett in West Yorkshire.

The Freehold interest was sold off a freehold asking price through Sole Selling Agents Peninsula Commercial for £430,000. For further details, please contact Peninsula Commercial on 01392 848484 or register online at www.peninsulacommercial.co.uk

SOLD - EAST DEVON FREEHOUSE/BISTRO

Peninsula Commercial is pleased to announce the successful sale of a contemporary freehouse called ‘Goldini’s Bar’ situated in the popular East Devon market Town of Axminster.

Goldini’s Bar is a beautifully presented and refurbished Bar & Restaurant situated in the historic and popular East Devon Town of Axminster. Due to our clients other business interests, the business ceased trading recently, however, offers enormous scope to re open immediately as all trade fixtures and fittings remain throughout all trading areas. All trading areas have been sympathetically refurbished to a high standard and each individual room has retained much of its original character including part exposed stone and brick walls, original stripped wooden flooring and part stone flooring.

Customer entrance vestibule from side leads into the Lounge Bar with part stone and part wooden flooring, bar servery, range of quality tables and chairs seating up to 20 with interconnecting entrance to the Dining Room, following on with the same theme and décor as lounge bar with further range of tables and chairs seating up to 20, part brick exposed wall and feature fireplace. Interconnecting entrance to rear Entertainments Bar, being an extremely versatile and open plan room ideal for a variety of uses. Doorway from the entertainments bar leads to a well equipped stainless steel kitchen and door to ladies and gentleman’s cloakroom. There is also a useful basement storage area which houses the cellar and bottle store.

The first and second floors of the property retain 3 well presented self contained letting flats. All three flats are included in the freehold sale. If the leasehold option is taken, your rent will include the rental of the small 2 bedroom flat only. Whilst only a limited inspection was gained to the flats, we are advised that there is a 2 bedroom flat, a 1 bedroom flat and a small 2 bedroom flat.

Gary Roberts, Senior Partner at Peninsula Commercial commented “Goldinis Bar is a well known high class bar and restaurant operation occupying an enviable trading position in the centre of Axminster. The business has immense scope to be developed. The business was sold to Mr & Mrs Ellery off an asking price of £450,000.

For further details, please contact sole selling agnents Peninsula Commercial on 01392 848484 or register online at www.peninsulacommercial.co.uk