We act for a range of owners in the pub sector, from individual free house operators to National pub groups. The pub market in the South West has been very active in the past 12 months with demand outstripping supply, particularly in the village free house market under £500,000.
We were instructed late last year to offer the Chagford Inn to the open market as it no longer formed part of our clients’ future plans. At the time the process was to seek all interest in the venue, which has had a good food reputation in the past, and to sell with vacant possession. The property was in good order and was being run by Ollie and Jordan Vernon, who had only just taken the reins prior to the first lockdown in March last year. The news of the sale came as a great disappointment to them as they had made the pub their home, had longer terms plans to be there and were about to have a baby together.
We were able to find a buyer for the pub who was willing to let the new landlords stay on.
This popular pub is being run by the incumbent landlords under new ownership, to the satisfaction of everyone.
Our experienced team is ready to assist with unparalleled regional advice.
