The availability of the Market House offers a rare opportunity to run a well presented pub in the popular South Devon town of Dartmouth. The pub has a sound existing core trade which can be further developed by the successful applicant with a strong food offering. Dartmouth is particularly popular during the Summer season and is renowned for its annual music festival and regatta. The trading areas and domestic accommodation have recently been redecorated and refurbished throughout.
The pub comprises a traditional bar area for 20 covers, with wooden flooring, fixed and loose seating, a large gas fireplace and a sports area with a pool table and darts board. The wooden panelled bar servery features five cask ale pumps and several international beer brands. To the first floor is a cosy and well-presented dining area for 20 covers, the well-equipped and presented trade kitchen is located on the first floor with a dumb waiter to service the ground floor.
There are no external trading areas.
The private quarters are superbly presented and have been fully refurbished throughout in the last two years. It comprises two bedrooms, a lounge, kitchen and bathroom.
Forecast Turnover: £487,521.82
Year 1 Rent: £0.00
Guide Rent: £30,000.00
Initial Deposit: £0.00
Full Deposit: £7,500.00
Full Tie Release: £56,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £20,000.00
Working Capital: £15,000.00
Stock & Glassware: £3,500.00
Cash Float: £1,500.00
Turnover Rent: £0.00
Turnover Rent %: £0.00
Forecast Wet Turnover: £453,394.63
Forecast Dry Turnover: £34,127.20
Forecast Other Turnover: £0.00
The Market House Inn offers a great opportunity for an experienced publican to build upon an existing core trade. The development of food turnover along with maximising on early morning business, offers the greatest opportunity to achieve this. The pub is in immaculate condition having recently been refurbished in the last two years.
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MISREPRESENTATION ACT 1967
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