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Substantial Freehold Development Opportunity, Devon

Guide Price
£475,000

Business rates & charges may apply

Charles Darrow, Devon
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SECTOR

Plot for sale

Key features

  • Our Ref: CD-90341
  • To be sold at auction 01/10/2026
  • Substantial public house and restaurant approx. 7,078 sq.ft.
  • Extensive site extending to approx. 1.68 acres
  • Significant on-site parking and excellent vehicular access
  • Prominent position within the Cranbrook/Rockbeare development corridor
  • Potential for a range of commercial, residential or mixed-use opportunities, subject to planning
  • Vacant
  • EPC Rating: C

Description

FH Price: £475,000 Guide Price
The Dragon Inn represents a rare opportunity to acquire a substantial freehold former public house and restaurant situated on an extensive site of approx. 1.68 acres, in one of East Devon's principal growth locations.

The property occupies a prominent position in Rockbeare, immediately adjacent to the rapidly expanding Cranbrook new community and within an area that has seen significant residential, commercial and infrastructure investment in recent years.

The property comprises a substantial licensed premises and restaurant extending to approx. 7,078 sq.ft. together with extensive external areas, parking and surrounding land. The scale and configuration of the property, combined with its location and the continuing development of the surrounding area, provide considerable potential for alternative commercial, residential or mixed-use opportunities, subject to the necessary planning consents.

Of particular significance is the amount of development taking place in the immediate vicinity. Cranbrook has developed rapidly in recent years and is now an established new community, with further major expansion planned and underway.

Much of the land surrounding the Dragon Inn is understood to be subject to Planning Application 26/0534/MOUT, an outline planning application, with all matters reserved, for the construction of 140 residential dwellings including affordable housing, public open space and associated infrastructure

Link to Auction sq_4t1u-300926/for-auction-exeter

Brochures

Substantial Freehold Development Opportunity, Devon

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cranbrook Station1.5 miles
  • Whimple Station1.8 miles
  • Pinhoe Station3.8 miles

About Charles Darrow, Devon

12 St. Pauls Road, Newton Abbot, Devon, TQ12 2HP

Charles Darrow was established by Jon Clyne and Paul Heather as an opportunity to use their extensive knowledge and experience to create a commercial property agency that is straight-talking and offers a more personal service. After many years working in a corporate environment, they found, that following the recession less staff and increased caseloads meant it was not possible to give people the best service.

Notes

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Disclaimer - Property reference 34584. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Darrow, Devon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Charles Darrow, Devon on 01626 242917.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”