Offers Over £900,000

Hotel for Sale

The Cleave, Kingsand, Torpoint, Cornwall, PL10

Offers Over £900,000

‌

Full Description

Nestled within one of Cornwall's most iconic coastal villages, this historic Grade II listed property that stands proudly within one of Cornwalls most premier riverside locations. Offering approximately 2327 sq ft of accommodation, the property commands breathtaking views over Plymouth Sound, with landmarks like The Breakwater, The Mewstone, and The Rame Peninsula providing a mesmerizing backdrop.

The interior boasts an open-plan bar and dining area capable of accommodating 30 patrons, complemented by a well-equipped commercial kitchen, cellar, and storage spaces. Three WCs contribute to the convenience of the establishment.

The Business - Under our vendors ownership of The Devonport Inn has established a strong reputation for excellent food and drink with the emphasis on sourcing locally, there over 500 highly rated reviews on Google (overall rating 4.6) and over 500 on Tripadvisor (overall rating 4).

Turnover for the year ended March 2022 was ?700,000 with excellent profit margins and a similar figure expected this year (about 55% wet).

Epc Rating - E, Council Tax Band - A - Rateable Value - ?38,250 (effective 1st April 2023).

Energy Performance Certificates (EPCs)

EPC