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Hole In The Wall Torquay

Pubs & Bars • 4-5 Park Lane, Torquay, Devon TQ1 2AU Management opportunity
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Summary

The Hole in the Wall – Torquay’s Oldest Pub (Est. 1540) Discover the charm of Torquay’s oldest pub, The Hole in the Wall, a historic venue dating back to 1540.

Description

The Hole in the Wall – Torquay’s Oldest Pub (Est. 1540) Discover the charm of Torquay’s oldest pub, The Hole in the Wall, a historic venue dating back to 1540. With its cobbled floors, low-beamed ceilings, and centuries of tradition, this iconic pub offers an authentic experience loved by locals, business professionals, and tourists alike. Visitors enjoy a classic pub atmosphere with quality beers, a great selection of lagers, ciders, and ales, alongside a separate restaurant seating around 40 covers. Renowned for delicious food and first-class service, The Hole in the Wall is the perfect spot for socializing and dining in Torquay. The property also features large private accommodation with a separate entrance, adding convenience and privacy. Overall, The Hole in the Wall delivers a unique blend of heritage and hospitality in the heart of Torquay. Key Features • Everything You Want from a Traditional Pub – Plus Exceptional Features Complete with cobbled floors, low-beamed ceilings, and a warm, authentic atmosphere. This historic venue offers more than just tradition, it boasts a separate restaurant with 40 covers and a large commercial kitchen. • The property includes spacious private accommodation, featuring three bedrooms, a comfortable lounge, and kitchen, all with the added benefit of a separate entrance from the main pub building. Perfect for combining business and lifestyle in one of Torquay’s most iconic locations. Business & Financial Information • Estimated ingoings (upfront): £18,795 • Full deposit: £18,000 • Agreement fee: £795 • Guide rent (weekly): £1,385 • Guide rent (annual): £72,000 • Forecast turnover (weekly): £819,409 • Forecast turnover (annual): £819,409 Ideal Operator Experience within the industry would be ideal, along with food experience. However, any interest from different industries but a focus on Customer facing and Customer relations will also be considered. This is all about creating the right atmosphere with best in class standards and Pub experience is not a necessity but driving excellent standards and Customer relations along with local community relatioships is key. Private Accommodation The Private Quarters boost the fact that the entrance is separate from the main building, not above the Pub, but to the side as an attached part of the building. There are three large double bedrooms, a large kitchen, and a large Lounge with a separate bathroom. The accommodation is of a very good standard. Regional Manager's Thoughts This Pub is in a prime location and great for either someone who lives in the area/or someone who wants to move down to the area and be close to the Sea. Pubs like the Hole in the Wall and its relevant location do not come up that often, and you will need to put your application in quickly.   Surrounding Area The Hole in the Wall has a prime location in the Heart of Torquay, a renowned tourist destination famous for its stunning beaches and vibrant coastal atmosphere. Located in the heart of Torquay and within a short walk from the sea, marina and Torquay Riviera, the pub is additionally within easy reach of shopping centres and top tourist attractions, making it an ideal spot for visitors and locals. Only a short drive away, you’ll find the popular seaside resorts of Paignton, as well as the iconic destinations of Dartmouth and Salcombe, offering endless opportunities for exploration along the beautiful South Devon coastline. This is truly a prime coastal location, perfect for those seeking a thriving hospitality business in one of the UK’s most picturesque regions.

Upfront cost

£18,795
Cost type: Upfront

Key facts

Upfront cost
£18,795
Turnover (annual)
£819,409
Rent
£72,000 (annual)

Location

4-5 Park Lane, Torquay, Devon TQ1 2AU
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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