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Profitable Devonshire free-of-tie inn seeks new leaseholder


The Old Thatch Inn, a quintessential thatched free-of-tie village inn with strong levels of trade and profit is available through Stonesmith with a leasehold price tag of £50k.

The inn is in the attractive Mid Devon village of Cheriton Bishop, a thriving and growing village community on the edge of Dartmoor National Park’s eastern flank, which is only eleven miles from Exeter.

This impressive and attractive Grade II-listed inn is presented to an extremely high standard throughout, whilst still retaining many character features. The site offers a main bar for 20-plus, two dining rooms with 42 covers, two ensuite bedrooms

It also has living accommodation with sitting room, kitchen/dining room, and two ensuite double bedrooms.

Externally, the property benefits from a Customer Car Park for 18 vehicles, front terrace area (10) and rear beer garden and patio providing outside seating for 60 customers.

The Old Thatch Inn trades as quality country village pub and restaurant with letting bedrooms (not currently utilised). The pub is a popular and well regarded business with an excellent reputation which benefits from excellent levels of regular, year round trade, not only from the village, but also from the surrounding villages and towns.

As the only pub in the village, the business benefits from an excellent local following and its proximity to the A30, with prominent signage, boosts trade levels further. It is well regarded for its quality freshly prepared food, using the best available local produce, set within a quintessential thatched character freehouse.