FAMOUS WATERSIDE FREEHOUSE PUB
Ref : L1145
Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.
- Famous waterside Freehouse.
- Superb trading position opposite beach.
- Uninterrupted sea views.
- Substantial renovated and modernised character property. Grade II Listed.
- Open-plan bar and dining areas, commercial kitchens and stores.
- 2 bed owner’s accommodation with en suite.
- Turnover approx. £700,000 per annum with excellent profit margins.
- New private lease available on negotiable terms Premium £175,000 SAV or
- Freehold £950,000 SAV
An extremely rare opportunity to acquire a waterside Freehouse pub in one of the most sought after coastal village locations in the region. This historic and characterful Grade II Listed property is understood to have originally been constructed around 1740 and stands mid-terrace amongst other buildings of similar character, immediately opposite the beach and enjoying uninterrupted sea views.
Kingsand, along with its twin village of Cawsand, forms a highly sought after coastal settlement, popular with tourists, holiday and second homeowners as well as permanent residents, many of whom commute to the nearby city of Plymouth accessible either by road (23 miles) across the Tamar road bridge at Saltash, or via the Torpoint car and passenger ferry some 5 miles distant. Nearby beauty spots include Rame Head, Whitsand Bay, Mount Edgcumbe Park and Antony House (NT).
Our clients have been operating the business since 2010 and have created a superb and highly reputable concern, known for its quality of food and menu choice, as well as its selection of wines and spirits etc. and ales, many of which are sourced locally.
The location of the Devonport Inn is truly exceptional and offers not only a highly lucrative and profitable business, but also an enviable lifestyle due to the waterside location. Just off the beach are numerous moorings where locals and visitors can moor their boats. The bay is packed with yachts and boats of all descriptions during the summer months; some who moor for a few days, others just visiting - most wanting food and refreshment! Viewing is highly recommended and we would recommend extra time is allowed for the visit to fully appreciate the Devonport Inn’s stunning setting.
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Our clients require that all viewings must be arranged by prior appointment through our offices. Telephone now on PLYMOUTH (01752) 20 60 20 (24hr answering service) when we will be pleased to make all your appointments for you, and bring you up-to-date with newly listed businesses.
We are also Specialists in Valuations for all purposes, Rent Reviews, Lease Renewals, Rating, Compensation, Planning, Property Management and Auctions. Contact our team of professionally Qualified Surveyors, Valuers and Auctioneers for all your requirements. Telephone us now on PLYMOUTH (01752) 20 60 20 (24hr answering service).
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Huntley & Partners
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