“I’m looking for a hands-on operator who loves hospitality, loves people and wants to be part of the community. The Dolphin needs an enthusiastic Business Partner who will create a welcoming hub for locals throughout the off-season and who will maximise sales opportunities during the summer months.

We’ll welcome applicants with experience of running guest accommodation and events, and who have a passion for high levels of customer service.

This hotel and pub business is a fantastic opportunity to create something very special.”

Scott Rhodes-Ward

Business Development Partner, South West Region

There is an additional income opportunity from the 2 bedroom flat that could be used for living or team accommodation. Please note that council tax is separate.

Main Living Space:

  • 2x Bedrooms
  • Lounge
  • Private kitchen
  • Bathroom
  • Fair Maintainable Trade* (FMT) Net Turnover: £700k per annum
  • Beautiful coastal location with a range of nearby attractions
  • 23 comfortable en-suite guest bedrooms
  • Additional income opportunity from a 2 bedroom flat
  • Own car park
  • Large function room

Top Line Figures

  • Rent: Turnover Rent at 8.5%
  • Initial Investment: minimum £30,000
  • Fair Maintainable Trade* (FMT) Turnover: £700,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £10,000
  • Fixtures & Fittings: TBC (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry/Accommodation Split: 25%/30%/45%
  • Available From: Immediately
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2023-24
  • 65
  • 1290
  • 20
  • 1310
  • Last Year 2022-23
  • 94
  • 1660
  • 70
  • 2030

Trade
Asset 2

This is a highly seasonal business in a beautiful coastal location, but there is also great potential for a creative operator to develop a strong local guest base during the quieter months.

The 23 guest bedrooms present a fantastic opportunity to maximise income through high occupancy, with the spacious function room perfect for private parties, wedding receptions and events.

The Dolphin Hotel was a new acquisition in January 2022, so trade figures are available for the last two years only.


British Institute of Innkeeping:  https://www.bii.org/

British Beer and Pub Association:  https://beerandpub.com/

Pre-Entry Awareness Training (PEAT):  https://www.bii.org/BII/Industry-Advice/PEAT.aspx

Personal Licence:  https://www.gov.uk/government/publications/personal-licence-application–2

More Pubs to Rent: https://www.hall-woodhousepartnerships.co.uk/pubs-for-rent

Misrepresentation

* Fair Maintainable Trade (FMT):

FMT is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub to rent, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process.

Code of Practice:

Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies.

Working Capital:

The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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