Register to get 3 free articles
Register to unlock the article and receive our free newsletter. Join 26,000 other hotel leaders and stay in the know.
Want unlimited access? View Plans
Already have an account? Sign in
A waterside inn situated on the Yealm Estuary has been brought to market for offers in the region of £3.7m.
The Ship Inn in Noss Mayo, located just ten miles from Plymouth, is a free house with “characterful” interior and exterior trading areas.
The bar, which can accommodate 60 covers, features exposed timber and open fires, alongside a “substantial” collection of nautical memorabilia. On the first floor there are dining areas with views over the estuary, which accommodate 85 covers and can cater for private parties.
The inn also features its own private pier, while a garden and patio outside accommodates a further 200 guests and includes an external kiosk serving pizza, ice-cream and soft drinks throughout the day.
An external dining room called The Glasshouse provides an additional 20-cover private dining and drinking area for guests.
In the upper floors of the inn, the current private accommodation includes a two-bedroom self-contained flat with lounge, kitchen and family bathroom. There are also three further bedrooms, with a shared bathroom, and a large office space.
These areas could reportedly be reconfigured to provide up to six letting suites, or a substantial family home, with the right planning permission.
The Ship Inn has been owned by husband and wife team Lisa and Charles Bullock since 2007, now run alongside their son Charlie.
After investing heavily in the business over the last 16 years, the couple have decided to put the site on market as they plan to retire.
Lisa said: “We’ve absolutely loved our time at The Ship Inn and we’ve really put our mark on the place – however we now feel that we’re at the right stage in our lives to look at handing over The Ship to a new owner to take forward for the next 16 years. We thank all our local regulars for their patronage over the years, and the many returning holiday makers.”
Ed Jefferson, from Colliers Hotels Agency team in the South West, who is handling the sale, said: “Thanks to the dedication of the owners over the last 16 years The Ship Inn is very popular among the local community, offering high-quality dining experiences, with stunning views of the Yealm Estuary.
“Located in this exclusive region of the UK, which is popular with tourists and locals alike, it’s rare that properties like this enter the market. We expect there to be interest from a wide range of potential buyers looking to capitalise on the inn’s location and well-established business model.”
