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Local licensee buys Devon dining pub

14 January 2009 by
Local licensee buys Devon dining pub

The Prince of Wales, a 17th-century freehouse in the historic Devon village of Holcombe Rogus, has been sold to local licensee Wendy Terry.

The two-storey property lies in the heart of the village, which is reputed to date back to the Domesday Book. Holcombe Rogus is near the Grand Western Canal and six miles from both Wellington and Tiverton.

The Prince of Wales provides an L-shaped main bar with a 34-seat Garden restaurant, a beamed 40-seat main restaurant, a skittle alley, and three-bedroom owners' accommodation on the first floor.

Outside facilities include extensive parking; a walled, 50-seat beer garden to the rear; and a private garden.

It achieved a £275,000 turnover in the year to30 September 2007.

The pub comes with planning permission to convert and extend the skittle alley into a function room and linked conservatory with three en-suite letting bedrooms above, along with a raised deck area overlooking the private garden.

Bettesworths sold the freehold off a guide price of £550,000 (reduced by £125,000 for a quick sale) on behalf of Claire and David Heard, who want to focus on their new venture, the Eagle Tavern in Buckland St Mary, near Chard.

By Angela Frewin

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