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News Release

Exeter

New lease of life for pubs and restaurants across the West Country


New tenants for a range of pubs and restaurants across Devon, Cornwall and Somerset are being sought following the appointment of JLL’s hotels and hospitality team to find suitable occupants.

Acting on behalf of a major holding company, JLL is marketing 11 free of tie lease opportunities – where there is no obligation for the lessee to buy products from a particular supplier or brewery.

The sites include Hawkins Meeting House and the Grenville Arms in Plymouth, Winchester Arms in Taunton as well as properties in North Devon, Totnes, Dartmouth, Minehead, Falmouth, Saltash and East Devon.

Michael Easton, associate director at JLL is dealing with the mandate, and says: ”With such a broad range of sites available across the whole of the South West,  we have properties that will suit most trading styles so this is a great opportunity for tenants to find a venue that works for them.

“We have town centre food orientated venues to village locals and coastal freehouses and are looking for experienced operators to make proposals to create award winning sites in some excellent locations.

“As an example, we have the Cutty Sark on Grove Place, Falmouth, which is directly opposite Discovery Quay and Events Square in a great position in the town. It is the first time it has been available and will need investment, but the Georgian architecture and position offer much to any would-be publican.

“Heading further East we have the Winchester Arms in Taunton, which is in great condition and directly fronts onto Castle Green in the very centre of the town. This may suit a restaurant use or could even work as a shop.

“As more of a destination there is the Notter Bridge Inn in Saltash, a riverside inn with a well-regarded food offering.

“We would welcome hearing from applicants – particularly if they have a successful track record in the trade. We expect strong interest because this sort of lease, where there is no tie to any particular supplier, gives the lessee greater freedom to put their individual stamp on the venue.

“Some sites are in great condition and ready to go, whilst others need some investment for which our client will work with the right applicant.”

The full list of properties is:
• Cutty Sark, Falmouth
• Notter Bridge Inn, Saltash
• Grenville Arms, Plymouth
• Hawkins Meeting House, Plymouth
• Kingsbridge Inn, Totnes
• Market House Inn, Dartmouth
• Hart Inn, Hartland
• Winchester Arms, Taunton
• Lethbridge Inn, Bishops Lydeard
• Rolle Arms, East Budleigh
• Quay Inn, Minehead

Further details are available through JLL on 01392 2429381 or via the website www.jllhotels.co.uk