**Standout Features:**
- Freehold investment with an impressive gross initial yield of 7.09%
- Existing rental income of £23,400 p.a., with a secure lease in place until 2031
- Large, traditional public house with outdoor seating and big beer garden
- Includes a spacious 4-bedroom owner's accommodation on the first floor
- Located in the picturesque Devonshire countryside, close to amenities in North Tawton
**Concerns:**
- No specific mention of renovations or structural issues; prospective buyers may want to conduct their own due diligence on the property's condition.
**Summary:**
Discover an extraordinary investment opportunity at The Copper Key, a charming freehold public house in the heart of North Tawton, Devon. This characterful establishment boasts a traditional thatched roof and well-preserved historic features, merging rustic charm with modern potential. Offering an attractive gross yield of 7.09% and stable rental income of £23,400 p.a., this property is strategically located to attract both locals and visitors. The generous outdoor space includes a welcoming beer garden, perfect for warm summer evenings, while the sizeable interior with bar and dining facilities provides ample space for social gatherings.
Upstairs, the owner’s accommodation features four spacious bedrooms and cozy living areas, making it ideal for those looking to run a lively business with the comfort of home conveniently above. Enjoy the tranquility of the rural setting, while benefiting from nearby amenities and community resources, including schools and recreational activities. This unique property not only presents a solid investment but also a chance to enhance its historical appeal or expand your hospitality endeavors. Don’t miss out on this quintessential pub; opportunities like this don’t come around often!
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