Specialist business property adviser, Christie & Co has brokered the sale of Thelbridge Cross Inn in Thelbridge, Devon with funding secured through specialist commercial finance broker, Christie Finance.
Located in a hamlet just outside of Exeter, the former coaching inn has changed hands after being owned by Ria & Bill Ball for three decades. Believed to date back to the 1700s, the pub boasts eight en suite letting bedrooms, a generously sized restaurant and a function room for 200 people.
The business has been purchased by first-time pub buyers Babli and Dalip Sond who will be running the pub in partnership with their son who is a trained chef.
Stephen Champion, business agent in Christie & Co’s Exeter office comments, “We are delighted to have facilitated another transaction which will see a popular and well supported rural pub continue to trade.
“This sale continues to demonstrate the strong demand from buyers for good quality pubs in the South West region, with both first-time and experienced purchasers showing interest in sites such as this. We wish the Sond family every success in their new venture.”
(from a press release)