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Letting Rooms
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Restaurant/Dining
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Wi-Fi
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Coastal
Property details
Dartmouth is an extremely desirable location. Set on the River Dart in Devon, it benefits from strong connections with the Royal Naval College. It hosts a major annual music festival in May and the ever-popular Dartmouth Royal Regatta at the end of August. The town is a tourist destination in its own right, offering fabulous architecture, a castle, and boat trips, and enjoy strolling around the many craft shops. The pub should be able to attract visitors to stay as well as pulling people in who are enjoying day trips from the surrounding areas. Exeter and Plymouth are both commutable in about an hour.
It has a newly refurbished interior that has an open, fresh feel but with wood burners and an open fireplace, it’s also very cosy which makes it the perfect place to enjoy a pint of cask ale. The pub is Cask Marque accredited and has been at the heart of the local community for many years and is home to many local sports teams.
The trading area is a large open-plan space with a central bar that hosts a pool table and a darts area. This area wraps around a hidden staircase that leads up to the accommodation. There are five en-suite Bed and Breakfast letting rooms, including a large family room, three king-sized rooms, and a small double room. The pub has a galley-style commercial kitchen which has great potential to deliver a quality food menu to further enhance the pub's offer for locals and visitors alike.
This fantastic pub opportunity comes with domestic accommodation that features two bedrooms, a private kitchen, and a lounge.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
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Experienced Operator
Trading style
The Seale Arms is a beautiful seaside pub with letting rooms set in the heart of the coastal town of Dartmouth. The pub is well-loved by locals and also benefits from tourist trade in the summer months.
The ideal operator here should have hospitality experience, to hit the ground running in this multi-faceted business. You should be confident with IT, so you can manage the online booking system, and keeping an up-to-date online presence through a good website and social media is a must. Above all, you’ll be keen to have an active local presence, organising regular events, entertainment alongside putting in a food offer that is exciting and different from the other pubs in the area.
Key financials
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Reference Number:
9MTS0A / 300035
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£6,625.00
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Annual Rent:
£25,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Financial Information:
- Deposit = £6,250
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £73
- Working Capital = £6,000 - £8,000
Business Information:
- Annual Rent = £25,000
- Forecasted Annual Wet Turnover = £179,352
- Forecasted Annual Food Turnover = £26,000
- Forecasted Annual Letting Rooms Turnover = £63,700
- Forecasted Annual Other Turnover = £3,088
- Agreement = Flexible Tenancy