Charming village pub in Devon for sale through Christie & Co
Specialist business property adviser, Christie & Co, has been instructed to market The Molesworth Arms, a pub and restaurant with letting rooms in Pyworthy, Devon.
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Located in the quaint village of Pyworthy, The Molesworth Arms is less than 10 miles from the stunning Cornish coast in Bude and is in an ideal location for tourists and locals alike.
Originally a late 19th century public house, the property has been extended and altered over the years and is now owned and operated by “hands-on” husband and wife team, Kit and Monique Hepple. The couple purchased The Molesworth Arms in 2015 following its closure two years prior, and they have since transformed the business into an established pub and restaurant.
The Molesworth Arms now features a charming ground floor pub and restaurant area which can seat around 40 customers, two ensuite letting rooms and a one-bedroom self-contained flat, complete with private courtyard gardens. In addition to the letting accommodation, there is also a delightful owners accommodation on the first floor with two ensuite bedrooms, and a newly built garden room which opens out onto a private first floor terrace. Also included in the sale is a detached barn with planning consent to demolish and build a small, detached house.
Kit and Monique are now selling the business as they plan to relocate to Monique’s original homeplace in New Zealand. They comment, “Over the past nine years, we've transformed the Molesworth Arms into something we're incredibly proud of. Even though we started with no background in hospitality, we took on the challenge of reviving this once neglected village pub. Now, it's a highly respected award-winning restaurant and bar, with lovely guest rooms and our own wonderful home.
“This journey has equipped us with valuable skills and experience, particularly in the kitchen and now we’re ready to take our expertise to New Zealand to start a new adventure. We’re thrilled to be embarking on this new chapter on a high note, leaving the Molesworth Arms at the height of its success!”
Graeme Clifford, Business Agent at Christie & Co who is handling the sale, comments, “The Molesworth Arms has been carefully renovated to create a wonderful home and business to suit Kit and Monique’s lifestyle and passion for travel. With planning permission granted to create a new one-bedroom house next to the main building, and by opening all year round, there is scope to develop the trade in several directions. Likewise, this opportunity could suit another couple who would like a lifestyle business and very comfortable home on the borders of Devon and North Cornwall.”
The Molesworth Arms is on the market at an asking price of £590,000.
To find out more details about this instruction, click here: https://www.christie.com/3451545/
For further information on this press release, contact:
Niamh Toman, Junior Corporate Communications Executive
P: +44 7768 646 984 or E: Niamh.toman@christie.com
Contact the agent:
Graeme Clifford, Business Agent - Pubs & Restaurants
P: +44 7546 698 681 or E: Graeme.clifford@christie.com
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