DEVON – CHARACTER THATCHED VILLAGE FREE HOUSE NEAR COAST

The Bell Inn Monkleigh. A Closed but charming thatched freehouse, situated near the North Devon Coastline. The pub stands beside the A388 – close to Great Torrington and Bideford. Ideal for a tourist attraction with lots of passing members of the public. Plenty of seating outside with room for over 50 customers. This characterful pub would suit a hands-on owner, being a compact opportunity with low overheads.

The Bell Inn occupies a roadside position in the centre of Monkleigh, a village situated near the North Devon coastline in the Torridge district of Devon. The public house stands beside the A388, close to the A368 which links the nearby towns of Great Torrington and Bideford. Monkleigh is 2.5 miles northwest of Great Torrington and 3.5 miles east of Bideford. This is an ancient village on high ground above the River Torridge. The river reaches the sea at Bideford.
 Also nearby is the Tarka Trail, a 180 mile looping trail of footpaths, bridleways and cycle paths. There are also many tourist attractions in the area including the North Devon coast and the GHS gardens at Rosemoor. There are long range views across Dartmoor from both the rear gardens and the first floor windows of The Bell Inn. The parish of Monkleigh has a population in the region of 1,500.

The Bell Inn has been under our clients’ ownership since October 2019. This traditional community free house had a strong following with local darts teams which benefitted the mid-week trade. The pub previously had a traditional food offering, as well as smoke house specials and Sunday lunches. The pub enjoyed good trade from the holiday cottages in the surrounding villages and towns during the summer season.

Profit and loss accounts for the 17 month period from 30 November 2023 to 31 March 2023 show a net turnover of £238,124, with an adjusted net profit approaching £40,000. Accounting information prior to closure and tenancy may be made available to serious parties following a formal viewing.

During 2024 to 2025 our clients leased the business to a 3rd party and therefore no trading accounts are available for this period. The business is closed and not operating, as of September 2025.

This characterful pub would suit a hands-on owner, being a compact opportunity with low overheads. There is also a wedding licence so prospective purchasers could explore the possibility of hosting wedding receptions.

FREEHOLD £450,000 to include fixtures and fittings. Vacant possession upon completion. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Mains electricity, water and drainage. Bulk propane for heating and cooking.
Three phase electricity.

Rateable Value: £5,000 as at 1 April 2023 - The Business benefits from Rural & Small Business Rate Relief
Local Authority: Torridge District House