Town Centre Character Inn With Pretty Gardens For Sale

Business description

Character period Inn dating back to the 17th Century. A comfortable family home as well as a successful business. Ideally suit couple with catering experience. Great scope to improve the trade. Lounge Bar with seating for approximately 20, Dining Room seating 12 - 16, Public Bar, Catering Kitchen, Car Park, Pretty Gardens with Patio Terraces and Smoking shelter. Spacious Owners 4 Bedroom accommodation with Lounge/Dining Room, Fitted Kitchen & Bathroom, 2nd Bathroom & Wc (Scope for letting). Private "FREE OF TIE" lease in popular South Coast resort. Turnover for the Year Ending 30th September 2011 £156,403 ex VAT.

Property information

Property:

Leasehold

Living accommodation:

Spacious Owners 4 Bedroom accommodation with Lounge/Dining Room, Fitted Kitchen & Bathroom, 2nd Bathroom & Wc (Scope for letting).

Location:

The Pub is situated in Old Town Street, part of Dawlish, an attractive seaside resort which together with Dawlish Warren occupies over four miles of South Devon coast between the mouth of the River Exe and the town of Teignmouth. There is an indigenous population of approximately 11,000 which increases substantially during the summer months when many tourists visit the area. “The Village Pub on the Edge of Town” is a very apt description of the Swan Inn. It is documented as the oldest pub in Dawlish and a frame in the public bar actually lists all the landlords from 1661! The pub has a very good reputation for it’s beers especially real ales and has previously been listed in the CAMRA Good Beer Guide. The Inn benefits from particularly well presented trade garden with a substantial a terraced area with gazebo and attractive gardens.

Premises details:

This is a well established business as well as being a comfortable family home. There is a strong wet trade (100% wet led) with good local support. The Swan boasts 4 darts teams and 2 quiz teams making this a proper community inn. Trade increases during the summer months with function and wedding trade making full use of the pretty outside areas. Previous owners had achieved good levels of income through letting up to 3 of the bedrooms and there is great scope to recommence Bed and Breakfast. We are advised that there is a strong demand for accommodation, especially through the main holiday season. At present there is no food offered at present however there is huge scope to introduce well priced ‘pub grub’ and therefore grow trade further. An early viewing is strongly recommended.

Other information

Related documents:

• 
• Document