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Beer Garden
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External Drinking Area
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Function Room
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Letting Rooms
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Car Park
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Restaurant/Dining
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Coastal
Property details
The Dolphin Hotel enjoys a prominent position on Station Road, with excellent road connections via the A382, which links to Newton Abbot and Moretonhampstead. Its location makes it an ideal stop for travellers exploring South Devon’s coast and countryside. With attractions such as Bovey Castle close by and Dartmoor on the doorstep, the Dolphin is perfectly placed to capture the significant tourist traffic that passes through the town.
Bovey Tracey is a thriving market town of around 8,000 residents, set at the very edge of the spectacular Dartmoor National Park. Known locally as the “Gateway to the Moor”, it attracts walkers, cyclists, and holidaymakers year-round, all looking to explore Dartmoor’s dramatic landscapes and charming villages. The town itself has a lively community spirit, supported by independent shops, cafés, galleries, and a busy events calendar that ensures a steady flow of visitors all year.
The landlords have invested £250,000 to refurbish the guest-facing areas, including the main bar and restaurant, entrance lobby, and toilets. The thoughtful redesign added covers and created a more efficient trading layout. The spacious and sociable bar area allows for events all year round, supported by a large function room which can accommodate formal dining for up to 140 guests, and has its own private bar.
The Dolphin is a substantial property, offering:
- 8 en-suite letting rooms
- A large function suite with its own bar, seating up to 140 guests
- Spacious trading areas (bar, dining, reception)
- A garden and on-site parking
The Dolphin Hotel benefits from two refurbished, excellent private apartments. One is located on the top floor of the building and has one bedroom, a lounge, a kitchen and a bathroom. The other is located on the ground floor and has two bedrooms with an en-suite bathroom and an open plan lounge, kitchen and dining room.
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Catering Kitchen
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Team Games
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Pool Area
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Experienced Operator
Trading style
The Dolphin Hotel is a historic Inn with rooms, set in a prime position at the gateway to Dartmoor National Park in the heart of Bovey Tracey. Built in the 1880s, the hotel/pub has long been a landmark in the town, first welcoming travellers and horse-drawn carriages heading for the moor. Its striking Victorian exterior has changed little in over 140 years, and the building remains full of character and history.
With its scale, facilities, and a major investment scheme just completed, The Dolphin offers an exceptional opportunity for the right operator to relaunch a prime fresh business and create a thriving pub-hotel with strong local and visitor appeal.
The Dolphin trades 7 days a week, with a strong community-focused offer that attracts a varied range of guests. The customer base includes a good mix of senior guests who enjoy a lunchtime treat and young families who come for an early evening meal.
There is considerable potential to develop the business in many different ways. Given the pub’s unique location and fresh new feel, the guest accommodation, combined with versatile event spaces provide scope for rapid and sustainable growth.
The landlords are seeking an experienced, entrepreneurial operator with the skills and vision to relaunch this historic hotel”.
The right partner will:
- Have a proven track record in food-led hospitality with accommodation and events
- Be confident in running a multi-stream business across rooms, dining, bar, and functions
- Possess strong marketing and event skills to capture both the local market and tourist trade
- Be community-minded, positioning the Dolphin once again as a hub for Bovey Tracey
- With its size, location, and new investment, The Dolphin Hotel is a rare chance to relaunch a well-loved business and restore it to success.
Key financials
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Reference Number:
MWMA7Q / DOLBT
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£44,800.00
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Annual Rent:
£66,800.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Rent: 9.5% of net turnover, with a minimum base rent of £66,800
Minimum Initial Investment: £44,800 inc VAT
Fair Maintainable Trade* (FMT) Turnover: £850,000 per annum net, post refurbishment.
PLEASE NOTE: Ingoings include a Deposit of £7,500 and a Working Capital of £10,000.
Fixtures & Fittings: Projected £85,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Estimated Wet/Dry/Accommodation Split: 45%/45%/10%
Business Rates****Payable: £6,976pa
Closing Date for Applications: 31/01/2026