New owners for Withycombe Raleigh community pub
- Credit: Archant
A community pub in Withycombe Raleigh has new owners after it was sold off an asking price of £79,950.
The leasehold of the Holly Tree, in Withycombe Village Road, Exmouth, was sold to Nigel and Katrina McLean through estate agent Stonesmith.
Mike Phillips, Stonesmith spokesman, said: “The sale of The Holly Tree follows on from the sale by Stonesmith of The Country House Inn in Exmouth in the summer.
“The sales confirm that there is still demand for both tied and free of tie pubs throughout the Westcountry.”
The selling agent said the detached purpose-built public house has been ‘extensively refurbished’ over recent years.
Its features include a bar area, dining room, snug bar, kitchen, function room, a five-bedroom owners accommodation, large car park, beer garden and patio areas.
The Holly Tree has regular year-round trade, has five darts teams, a pool team; groups and societies hold regular meetings in the pub and there is weekly quiz night.