This popular and successful pub is centrally located in the historic South Devon town of Totnes. Set amongst the thriving and busy trading area of this prevalent market town, with plenty of independent traders and shops increasing footfall and demand for local residents and tourists in the region. Convenient on-street parking and larger car parks are also nearby.
The beautifully presented Dartmouth Inn has three separate areas, an open-plan bar and games room, a designated dining area, and a large function room. With a capacity for 145 customers collectively, this large pub has amazing potential to be a destination hotspot with great offerings. The open-plan bar and games room can host over 35 customers with loose-fitting wooden tables and chairs spread across the room, and a centrally positioned pool table. To promote an intimate dining experience, the Dartmouth Inn boasts a separate dining area for over 45 covers. The traditional yet modern décor that runs throughout creates a homely atmosphere with exposed wooden beams and logs. In addition to the two rooms, the separate function room has a capacity for over 65 customers; this space is the perfect spot for private functions and live music events.
To the front of the pub is a stunning courtyard area for over 65 customers, perfect for the warmer months. Picnic-style benches with umbrellas are roped off providing customers with a more secluded space to relax. With the pub being located near the coastline, this outdoor area is an amazing asset that has been maintained to a high standard.
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Three rooms, kitchen, and storage rooms above the pub.
Forecast Turnover: £697,013.62
Year 1 Rent: £37,000.00
Guide Rent: £50,000.00
Initial Deposit: £11,750.00
Full Deposit: £12,500.00
Full Tie Release: £54,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £35,000.00
Working Capital: £15,000.00
Stock & Glassware: £6,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £392,374.53
Forecast Dry Turnover: £287,083.84
Forecast Other Turnover: £17,555.25
I am looking for an experienced publican who has successfully run good quality, high volume food and drink sites. This pub may also attract businesses or individuals who may be looking to add to a business portfolio. This is a multi-faceted proposition which will provide the right publican with the opportunity to build on its solid reputation.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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