Contact: Exeter
SOUTH DEVON COAST
FREE-OF-TIE LEASEHOLD HOTEL
Office Ref Number: 32/58883
This business was sold off an asking price of:
| Leasehold: | £225,000 guide price |
| Annual Rent: | £55,000 |
Press releases- Well-presented throughout
- Bar (40) and restaurant (70)
Successfully sold through Christie + Co
The Royal Hotel is an exceptional public house with a good food and beverage offering in addition to a function room and 6 letting bedrooms. Situated in the popular South Devon village of Babbacombe, on the outskirts of Torbay, the business trades at extremely robust levels.
We sold the free-of-tie leasehold interest in the business on behalf of a multiple operator to first-time purchasers Andrew Banner and Carole Jennings.
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