Traditional Mid Devon inn changes hands
The Seven Stars, a traditional Devon village inn known for its real ales, has been sold.
New owners Karen and Mark Landon are experienced licensees who return to the UK from Alicante in Spain.
The inn, which was built in the early 1800s, lies just off the central square of the Mid Devon village of Winkleigh. The village is located between Dartmoor and the North Devon coast and is just off the A377 trunk road between Exeter and Barnstaple.
Facilities include a 26-seat main bar with flagstone floors, beamed ceilings and walls, open fireplace and stone hearth. It includes a raised area with a pool table.
There is also a skittle alley/function room to the rear, three-bedroom owners' accommodation, and a paved patio area to the rear with timber bench seats and a covered smoking shelter.
The business made a gross profit of £84,645 off an ex-VAT turnover of £155,000 in the year ended 31 March 2008. As all sales derived from drink, there is a big opportunity to increase profits by developing the food side.
By Angela Frewin