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Exceptional Trading Opportunity In An Iconic Riverside Location For Sale

Dartmouth, Devon, UK
Asking Price:
£775,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

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 Ref: 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

Property Information

Property:

Freehold