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Character Freehold Inn For Sale

Ivybridge, Devon, UK
Asking Price:
£500,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

A rare opportunity to acquire a substantial freehold country inn with five letting rooms, spacious owner's accommodation and a beautiful rear beer garden in the thriving South Hams market town of Modbury.

Currently closed, The Modbury Inn presents an outstanding opportunity to re-establish a much-loved pub business in one of Devon's most desirable locations. The property offers extensive character trading areas including traditional bars, flexible dining spaces and a fully equipped commercial kitchen, making it ideally suited to a food-led operation. The inn is well positioned to benefit from both loyal local custom and the strong year-round tourist trade generated by the South Hams.

Five well-presented ensuite letting rooms provide an immediate accommodation income opportunity, appealing to holidaymakers, short-break visitors and business travellers. A particular feature is the attractive enclosed beer garden with covered outside seating, creating an ideal setting for alfresco dining, summer events and outdoor hospitality. The sale includes the fixtures, fittings and equipment required to operate the business, excluding the owner's personal effects.

The property also benefits from a spacious owner's apartment, reducing operating costs for hands-on operators while providing comfortable on-site living. With limited immediate competition, an established local reputation and excellent access to beaches, Dartmoor National Park, Salcombe and Plymouth, this is an exceptional opportunity to create a successful hospitality business in one of Devon's most affluent destinations.

Enquire today to arrange a viewing and discover the potential this outstanding freehold inn has to offer.

Property Information

Property:

Freehold

Living Accommodation:

Four-bedroom owner's apartment arranged over two floors with two bathrooms.

Location:

Located in the historic South Hams market town of Modbury on the A379 between Plymouth and Kingsbridge. The town benefits from a vibrant mix of independent shops, galleries and local amenities, while nearby attractions include Bigbury-on-Sea, Bantham, Mothecombe, Salcombe, Dartmouth and Dartmoor National Park. Excellent transport links provide easy access to Plymouth, Exeter Airport and the wider South West.

Premises Details:

Substantial character public house comprising main bar with exposed stone fireplace, wood burner, exposed beams and traditional timber bar servery, lounge bar, main dining room, fully equipped commercial kitchen, office, dry storage room, preparation and still room, ladies' and gents' customer WCs and five ensuite letting rooms presented as double or twin accommodation, each with ensuite facilities, free Wi-Fi, digital television and tea and coffee making facilities. Owners' accommodation arranged over two floors comprising four bedrooms and two bathrooms. Outside includes a coaching arch, three stone outbuildings, beer cellar, outdoor WC and an attractive enclosed beer garden with pub benches and covered shelter featuring exposed stone walls and cobbled flooring.

Business Operation

Expansion Potential:

Excellent opportunity to re-establish the business, expand the food-led operation, maximise income from the five letting rooms and further develop outdoor dining and events.

Competition / Market:

Limited immediate competition.

Trading hours:

Currently closed.