Historic Riverside Pub for Sale in Dartmouth Devon with Planning Permission for Flats
Dartmouth, Devon
- Status
FOR SALE
- Advert ID
646856
- Reference
CD-10279 / Rightbiz
- Call Agent:
- Freehold: £775,000
- Turnover: £650,000 (£12,500 per week)
- Profit: Not Applicable
Business Details
Exceptional Trading Opportunity in an Iconic Riverside Location For Sale in Dartmouth
Situated in the heart of Kingswear, the Steam Packet Inn offers exceptional accessibility to Dartmouth via the nearby ferry. The property benefits from connections to Exeter and Plymouth and is within easy reach of the M5 motorway network. Kingswear itself is steeped in history, overlooking the River Dart and Dartmouth Naval College, with a strong visitor base including walking and boating enthusiasts, holidaymakers, and discerning day-trippers.The location is one of South Devon’s most desirable, combining natural beauty with strong tourism and residential footfall.
• Our Reference: CD-10279
• Recent capital investment in excess of £500,000
• Stabilised trading at c. £650,000 net, with healthy profits
• Iconic raised position overlooking the River Dart, with views of Dartmouth
• Ground floor lounge bar & restaurant: c. 40 covers
• First floor dining room: c. 30 covers
• Alfresco roof terrace (part covered): c. 40 covers
• One-bedroom owner’s/manager’s flat
• Planning permission for 3 x flats on the alfresco terrace
• Year-round trade with seasonal peak in summer
• Largely run under management
• FH Price: £775,000 Guide Price
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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