Ferry House Inn, 888 Wolseley Rd Saltash Passage, Plymouth, England, PL5 1LA
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- SECTOR
Pub for sale
Key features
- Lounge bar (c.45) & dining room (c.45)
- Riverside terrace views of Brunel's Bridge
- Seven en suite bedrooms with high occupancy
- Self contained owners apartment with views
- All year local & tourist trade
- Energy Rating C
- Christie & Co Ref: 3451456
Description
We understand The Ferry House origins date back to 1565, still retaining elements of that era, an example being the stone fireplace in the lounge bar room. The current owners in 2013 and early 2014 invested a considerable amount of funds into a major extension creating the rooms which transformed the business and has since been consistently achieving high turnover and profits.
LocationThe Ferry House Inn is located on the banks of the River Tamar with amazing views overlooking Brunel's Royal Albert Bridge, a major tourist and visitor attraction within Saltash and yet is also conveniently situated within walking distance of a large residential area that attracts local walk in customers.
Saltash is popularly known as the 'Gateway to Cornwall' and is a short drive from the city of Plymouth and is an excellent base to explore both South Devon and Cornwall. The town has a railway station with direct access to London as well as being a stones throw from the A38 trunk road.
Front entrances into the two separate trading areas consisting of the main bar/dining room (circa 40) plus standing room, solid wood flooring, bar servery area, log burning stove within the fireplace, beams, exposed stone walls and views over the river and beyond. There is an internal door leading though to the lounge bar/dining room (circa 45), in keeping with the main bar with solid oak furniture and affording panoramic river views and a nautical theme.
Back of house areas include a large commercial catering kitchen with stainless steel appliances and work surfaces, wash up area. liquor store and cellar with outside delivery access.
Ladies, gentlemen's and disabled WC's.
All trade fixtures and fittings are included and a full inventory will be provided.
Tariff RatesTop Floor rooms £108 , first floor £98, inclusive of breakfast
Letting AccommodationLocated on the first and second floors are seven en suite letting bedrooms all recently decorated and offering river views. All of the double rooms have superior king size zip and link beds.
Residents have 24 hour access to the rooms from a ground floor external access.
To the front and directly opposite the property is a riverside patio garden offering seating for approximately 80 customers which is on a long term rental arrangement of a £1,000 a year with the local council. There is ample free parking at the side and on the road.
Owner's AccommodationThe owners accommodation is over two levels and is superbly equipped, adjacent to the main property with its own separate entrance. It comprises of a double bedroom with en suite bathroom, walk in wardrobe, lounge, fully fitted kitchen/diner and bathroom. The owners enjoy views over the river and bridge.
The OpportunityThis is a rare opportunity to acquire a Freehold Inn in a location that attracts local residents alongside tourists and overseas visitors all year round. They come and stay and to admire Brunel's famous Royal Albert Bridge or just to sit outside and take in the view. The room occupancy is around 80% during the summer months, dropping to 45% in winter. The owners use booking.com and apart from leisure trade, the accommodation is used by the relatives of Naval staff as well as some commercial/business visitors. There is scope to increase room prices and to offer breakfast to non-residents and although the pub can be seen looking down from the bridge, apart from regular locals that know it, it is tucked away and would benefit from a brown sign which would increase footfall further.
StaffHands on operators plus full and part time staff.
Trading InformationNet sale £685,142, split as follows: Wet sales £325,466 Food sales £229,445, Rooms £130,231.
Annual composite Barrelage 351.
.
Opening Hours 11.30am - 11pm seven days per week.
Business RatesRateable value effective from 1 April 2023 will be £33,750.
RegulatoryPremises Licence.
Energy Performance Certificates
EPC 1Brochures
Ferry House Inn, 888 Wolseley Rd Saltash Passage, Plymouth, England, PL5 1LA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Saltash Station0.4 miles
- St. Budeaux Victoria Road Station0.6 miles
- St. Budeaux Ferry Road Station0.7 miles
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Notes
Disclaimer - Property reference 3451456-fh. 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 Christie & Co, Pubs & Restaurants. 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.
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