Stags
21/22 Southernhay West
Exeter
Devon
EX1 1PR
A unique and rare opportunity to purchase a former pub converted around 4 years ago into a retail show room with cafe, offices and 2 bedroom managers flat set in grounds of just under 1 acre with potential for further development.
SITUATION
Hidden Oak Equine and Country Cafe was converted from the former Half-Way Inn around 4 years ago, and is located in a prominent position on the junction of the A3052 and B3180 around half way between Exeter and Sidmouth on the edge of the village of Aylesbeare. Aylesbeare offers a church, village hall and pub, whilst the popular town of Ottery St Mary is nearby with the renowned Kings School secondary school. There is good access to Exeter, the A30 dual carriageway and M5 motorway, Exeter International Airport and the World Heritage coastline at Sidmouth to the south.
ACCOMMODATION
On the ground floor is a large reception/retail space with adjoining utility room and W.C. Beyond is a second retail space with stairs leading to the first floor, doors into a cafe area with beautiful views in the direction of the Haldon Hills and steps down to a fully fitted commercial kitchen.
On the first floor is a two bedroom apartment with sitting room and shower room and there are two further rooms used as an office of storage.
PLANNING
The current use was granted by consent ref. 21/2835/FUL which also grants consent for replacement of the existing open-fronted storage building with a larger storage unit (consent understood to be without expiry due to part-implementation).
BUSINESS RATES
Assessed as Shop & Premises with a rateable value of £27,750. The rates payable in the year 2026/27 are understood to be £10,600.50 before any applicable reliefs. The flat is assessed for Council Tax in band A.
VAT will be charged on the purchase price/rent at the standard rate where applicable
SERVICES
Current flat council tax band: A
Tenure: Freehold
Utilities: Mains electricity, gas and water
Drainage: Private drainage Plant - fully serviced. Soakaway in the copse opposite which is leased from Clinton Devon for £850 per year
Heating: Mix of Electric and Central Heating - New Boiler and fully replumbed and wired in 2022
Standard and Superfast broadband available. O2, Three, EE and Vodafone mobile networks available (Ofcom).
OUTSIDE
The premises sits on a large plot of just under 1 acre which is mainly carparking. There are two detached buildings that could be used as an office space, a range of outbuildings and to the North an area of lawn which could, subject to planning be suitable for residential development.
DIRECTIONS
What Three Words - ///early.achieving.imprinted
Postcode - EX5 2JP
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