Late-night Devonshire pub sells for £500,000
03 November 2005
Porters Blacks, one of the leading pubs on the late-night circuit in the South Devon market town of Newton Abbot, has been sold for close to the asking price of £500,000.
The three-storey property in Market Street has a ground floor bar, offices on the first floor and a second manager's flat, along with an enclosed beer garden.
The Exeter office of property agent Christie & Co handled the sale of the freehold to Gould Brothers Ltd, which owns five late-night pubs and clubs in Exeter and North Devon.
Previous owner CI Traders Estates had been running the property as a wet-led pub with a public entertainment licence.
