A charming country freehouse located just south of the Blackdown Hills in Devon has been let by the Exeter Office of hospitality specialists, Christie + Co.
The Honiton Inn (formerly the Awliscombe Inn), is a large, detached stone-built property, which is the only public house in the village of Awliscombe, near Honiton. With the freehold having only recently been sold by Christie + Co, the purchasers have spent the last four months comprehensively refurbishing all the internal and external aspects of the building.
The property now represents a fantastic turn-key operation. However, the freeholders never intended to operate the business and asked Christie + Co to advise them on creating a lease. After a swift marketing campaign, Christie + Co received five indicative proposals with experienced operators John and Alison Breeze topping the list.
Jon Clyne, Associate Director from Christie + Co’s Exeter Office commented: “The Honiton Inn was available on a free-of-tie leasehold basis with a headline rental of £35,000. It generated a huge amount of interest and we received five formal offers, all from experienced operators. The pub used to be immensely popular and my clients were keen to make sure that, having invested a huge amount of time and money in the very fabric of the property, they chose the correct operators. The new lessees are intending to put their own stamp on the business with a popular offering for both locals and visitors.”