For sale for the first time in over 20 years Mount Pleasant Inn, Nomansland, Nr Tiverton, FOR SALE - 30th April 2010

A well established village freehouse set in a prominent crossroad position, The Mount Pleasant Inn at Nomansland, Nr Tiverton, is for sale for the first time in over 20 years through licensed property specialists Stonesmith of Exeter.

The Mount Pleasant Inn draws its custom from a wide area and has built up an excellent reputation as a good quality local’s freehouse and destination food inn. Such is its reputation, it has for some years been listed in the Good Pub Guide.

Benefiting from its location in a rural farming community the Mount Pleasant has close links with various local shoots and hosts regular lunches. The inn also supports the Tiverton Fox & Stag Hounds and sponsors the local point to point. In the summer the inn provides teas for two local cricket teams. The Mount Pleasant is also a popular venue for christenings, small weddings and private functions.

Stonesmith believe there is still an opportunity to expand the business by converting the outbuildings to the rear of the property into 4/5 letting units. Planning consent was granted but this has since lapsed and needs re-submitting. The owners though have commented that they are regularly asked for B&B accommodation.

Dating back to the 18th century, one end of the property was originally an ostler house, used to accommodate carriage drivers, whilst at the other end was a blacksmith's forge, which remained working until 1963. The inn is now a large attached property which has benefitted from considerable improvements both internally and externally. Internally the property features many traditional characteristics such as real fires, woodburning stoves and beamed ceilings.

The trade areas consist of a main bar, 2 dining areas and a separate restaurant, totalling 106 covers. The private living accommodation is substantial and suitable for 2 families. There is also a trade garden and parking for approximately 30 cars.

The Mount Pleasant Inn is a highly desirable high turnover and exceptionally profitable business opportunity and Stonesmith are looking for offers off an asking price of £695,000 for the freehold.