A pub in East Devon, one of oldest coaching inns in Colyton dating back to 1506, has gone on the market for £425,000 for the freehold.
Estate agent Stonesmith this week announced The Gerrard Arms, in St Andrew’s Square, which includes a family home, is up for sale.
The tradional character freehouse – a wet led public house that occasionally serves food – has been under the same ownership for the last 13 years.
A Stonesmith spokesperson said: “The Gerrard Arms enjoys a popular local following and boasts a year-round regular repeat trade as well as some uplift on tourists visiting the area, particularly during the holiday months.
“The pub is a friendly and traditional freehouse with a reputation for well-kept ales, occasional pub food and we believe it represents an excellent opportunity to purchase a well-regarded business which still offers genuine potential to develop all aspects of the trade still further.”
The spokesperson added: “The Gerrard Arms has been the subject of complete renovation and refurbishment, with almost no stone being left unturned by our clients during their thirteen years of ownership.
“This high quality and well-regarded business trades as a traditional wet led locals pub and offers high specification superior family sized living accommodation.”
Inside the pub the property has a main bar, function room, skittle alley and dining room.
There is a commercial kitchen, self-contained accommodation with up to four bedrooms, a sitting room and shower room.
Outside the property has private parking, and enclosed beer garden, al fresco seating, outbuildings and storerooms.
The pub dates back to the 1500s and is said to be one of the oldest coaching inns in Colyton, remaining unchanged until 1914 when a fire tore through the thatched roof.
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