DoneDeals

The Volunteer Inn

Seavington St Michael

Somerset

Peninsula Commercial has sold the Volunteer Inn at Seavington St Michael near Illminster. The freehold sold off an asking price of £470,000. Vendors Ian and Marilyn Blackmore decided to sell up and take some time out of the trade, after being at the pub for three years. The new owners are happy to have secured the purchase of their local. Husband and wife team Colin and Ruth Turner told Peninsula Commercial they are planning to stick at it "long term". Food and drink trade is evenly split and the property also features three letting rooms and a self-contained owners' flat.

The Devon Arms

Torquay

Devon

The leasehold sold off the asking price of £59,950. Previous owners Paul and Stella Roberts have decided to swap village life for a city pub. The lease is held on an Inn Partnership Pub Franchise Agreement and new owner Eric Boot plans to make the most of the rest of the summer. Turnover for last year was £167,261 excluding VAT. Trade is heavily wet-led and the rent is currently £24,000 a year. Agent Bettesworths secured the deal.

The Flower Pot

Maidstone

Kent

AW Gore & Co sold the freehold off a guide price of £425,000 to a young couple who will be trading with assistance from their parents. The town-centre pub features two bars, trade kitchen, four letting rooms and a proprietor's flat at second-floor level. The pub was sold by a private owner. AW Gore & Co director John Graham said: "There's a chronic shortage of quality freeholds and there's massive potential to grow trade here."

The Old Inn

Churchtown

Cornwall

The freehold sold on behalf of Spirit Group off an

asking price of £1.5m through agent James A Baker. Latest turnover figures are £517,225 per year and the wet:dry trade is split 50:50. The trading area comprises a series of linked rooms with original 15th-

Century features and catering kitchen. There is also a

beer garden and first-floor private accommodation, which

includes four en-suite bedrooms and a two-bed manager's flat. There is potential to turn the area into letting rooms.

The King's Arms

Monkton Farleigh

Wiltshire

Christie+Co sold the King's Arms on behalf of David Beeston and Carys Hopkins, who are taking a break from the trade. New owners Simon Blagden and Vince Hanley are experienced private operators with 20 years' in catering and hospitality. Blagden and Hanley closed the business for three weeks to refurbish and have introduced a brasserie style menu. Three offers were received for the lease and it sold for in excess of £135,000.