The Exeter office of leading licensed property agent, Christie + Co, is delighted to announce the sale of a stunning waterside public house, in the estuary town of Dartmouth.
The Floating Bridge Inn is situated in a premier position within the town, lying on the waterside, adjacent to the hire ferry and next door to the Dart Marina Hotel and Spa, the Dart Marina and the Dart Marina Residential Estate.
Dartmouth is a highly desirable estuary town which lies at the mouth of the River Dart in South Devon and is referred to as the “Jewel in the Crown”, Dartmouth has a good size residential population, with the added benefit of significant seasonal boast. The town is also home to the Britannia Royal Navel College and enjoys a comprehensive catchment area with nearby towns including Totnes and Kingsbridge.
The property is an impressive and extensive two storey property that has been subject to much refurbishment in recent years and remains in superb condition throughout and briefly comprises lounge bar, two restaurant areas, function/meeting room and commercial kitchen on the ground floor with the three-bedroom owner’s accommodation on the first floor overlooking the river. Externally there are seating areas on the roof terrace, river terrace and areas surrounding the pub.
Jon Clyne, Associate Director at Christie + Co’s Exeter office, commented: “With quality licensed business rarely available in Dartmouth, The Floating Bridge Inn attracted much interest and we had three competing bidders. Quality Inns of Gloucestershire quickly expressed their interest in the business and with their experience of running good quality family orientated public houses, I am certain they will be an instant success.”
The Floating Bridge was sold for comfortably in excess of the guide price of £100,000 for the leasehold interest.
