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Modbury

£500,000

Business rates & charges may apply

Bettesworths, Devon
SIZE

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SECTOR

Pub for sale

Key features

  • Character Freehold Public House in Sought-After South Hams Town
  • Five Well-Appointed En-Suite Letting Rooms
  • Spacious Four Bedroom Owners' Apartment
  • Attractive Trade Garden to the Rear
  • Currently Closed - Fantastic Opportunity to Re-Establish a Muched Loved Pub

Description

Character Freehold Public House in Sought-After South Hams Town. Five Well-Appointed En-Suite Letting Rooms.

The Modbury Inn is a substantial and characterful inn located in the heart of Modbury, a thriving South Hams market town. Now closed, the property presents a fantastic opportunity for new owners to re-establish a much-loved pub business with strong trading potential. The inn comprises extensive trading areas with a traditional bar, dining spaces and a well-equipped commercial kitchen. To the first floor are five en-suite letting rooms, well-proportioned and ideal for holiday and short-stay trade. In addition, there is an excellent three-bedroom owners’ apartment, providing spacious private accommodation. A particular feature of the property is the delightful trade garden to the rear, a rare find in such a central town location, offering an attractive space for outside drinking and dining. Modbury is a historic and attractive town in the heart of the South Hams, an Area of Outstanding Natural Beauty renowned for its rolling countryside, picturesque villages and stunning coastline. The town itself offers a range of independent shops, galleries and everyday amenities, creating a lively community atmosphere with a mix of resident and visitor trade.The South Hams is one of Devon’s most sought-after regions, attracting visitors year-round. The nearby beaches of Bigbury-on-Sea, Bantham and Mothecombe are just a short drive away, as are the sailing and holiday destinations of Salcombe and Dartmouth. Dartmoor National Park is also within easy reach, broadening the area’s appeal to walkers, cyclists and outdoor enthusiasts. Modbury sits on the A379, providing excellent road access between Plymouth (approximately 12 miles to the west) and Kingsbridge and Salcombe (to the east and south). Plymouth provides a mainline rail station and ferry connections, while Exeter Airport is around an hour’s drive away. This easy accessibility ensures strong demand for both leisure and business trade.

MAIN ENTRANCE

Leading to:-

MAIN BAR

With plenty of character, seating at a range of timber tables and spindle back chairs. Two bay windows, painted wooden panelling and timber topped and panelled bar servery with back bar fittings. Large exposed stone fireplace with cast iron wood burner. Exposed ceiling beams with part wood flooring.

LOUNGE BAR

Situated behind the main bar with a cosy feel. Upholstered bench seating, corner bar servery leading to:-

MAIN DINING ROOM

Which is carpeted and features part wallpapered, timber panelling and seating at timber tables with spindle back chairs.

COMMERCIAL KITCHEN

With full extraction, non-slip flooring and a professional range of catering equipment.

OFFICE AREA

Through to:-

DRY STORAGE ROOM

PREP & STILL AREA

LADIES & GENTS WC'S

FIRST FLOOR

5 EN-SUITE LETTING ROOMS

Presented as either double rooms or twin rooms. All with en-suite facilities, free wi-fi, digital TVs and tea and coffee making facilities.

OWNERS ACCOMMODATION

Situated over two floors comprising four bedrooms and two bathrooms.

OUTSIDE

A beautiful beer garden and outside space stretching towards the rear of the property comprising:-

COACHING ARCH

3 STONE OUTBUILDINGS

BEER CELLAR

OUTDOOR WC

BEER GARDEN

Pretty, enclosed beer garden with pub benches to the rear, together with outside partially open shelter with exposed stone walls and cobbled floor.

GENERAL INFORMATION

BUSINESS POTENTIAL

The Modbury Inn presents an outstanding opportunity for an experienced operator or new entrant to the trade. With its generous trading areas, established reputation within the town and enviable position in the South Hams, the inn is well placed to capture both local custom and the strong year-round tourist trade.

The five en suite letting rooms provide an immediate source of accommodation income, supported by the area's popularity with holidaymakers, short-break visitors and business travellers. The trade garden offers significant potential for al fresco dining and summer events, which are becoming an increasingly important feature of hospitality businesses in the South West. With its well-equipped kitchen and flexible dining areas, the inn is well suited to a food-led operation, allowing it to capitalise on the growing demand for quality dining experiences in the area due to the limited immediate competition. In addition, the inclusion of a four bedroom owners'...

RATEABLE VALUE

2023 List: £6,400.

Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority.

COUNCIL TAX BAND A

EPC AWAITED

INVENTORY

To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

VIEWING

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

Brochures

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ivybridge Station3.1 miles

About Bettesworths, Devon

Fleet Street, Torquay, TQ1 1BB

Bettesworths is an independent family business, owned and run by the third generation Chartered Surveyor Directors, Matt & Paul.

We have an experienced team, highly skilled and expert in delivering a broad range of services to clients looking for the very best results.

Our breadth of experience across all property sectors, the depth of our day to day involvement and our technical knowledge gives Bettesworths an unrivalled platform from which to provide advice to meet our clients’ needs.

Our clients range from private individual property owners and occupiers to PLC institutions. We ensure each and every one is best supported with a service with which to meet the challenges and changes in the market and their own circumstances.

We offer free initial consultations without obligation, so please contact a member of our team to discuss your requirements.

Notes

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