Substantial Freehold Development Opportunity, Devon
Property Features
- Business Types: Auctions, Commercial Development, Investment
- Our Ref: CD-90341
- To be sold at auction on 01/10/2026
- Substantial public house and restaurant approx. 7,078 sq.ft
- Extensive site extending to approx.1.57 acres
- Significant on-site parking and excellent vehicular access
- Prominent position within the Cranbrook/Rockbeare development corridor
- Potential for a range of commercial, residential or mixed-use opportunities, subject to planning
- Vacant
- EPC Rating: C
Summary
Property Summary
The property occupies a prominent position in Rockbeare, immediately adjacent to the rapidly expanding Cranbrook new community and within an area that has seen significant residential, commercial and infrastructure investment in recent years.
The property comprises a substantial licensed premises and restaurant extending to approx. 7,078 sq.ft. together with extensive external areas, parking and surrounding land. The scale and configuration of the property, combined with its location and the continuing development of the surrounding area, provide considerable potential for alternative commercial, residential or mixed-use opportunities, subject to the necessary planning consents.
Of particular significance is the amount of development taking place in the immediate vici
The Dragon Inn represents a rare opportunity to acquire a substantial freehold former public house and restaurant situated on an extensive site of approx. 1.57 acres, in one of East Devon's principal growth locations.
The property occupies a prominent position in Rockbeare, immediately adjacent to the rapidly expanding Cranbrook new community and within an area that has seen significant residential, commercial and infrastructure investment in recent years.
The property comprises a substantial licensed premises and restaurant extending to approx. 7,078 sq.ft. together with extensive external areas, parking and surrounding land. The scale and configuration of the property, combined with its location and the continuing development of the surrounding area, provide considerable potential for alternative commercial, residential or mixed-use opportunities, subject to the necessary planning consents.
Of particular significance is the amount of development taking place in the immediate vici
Description
Full Details
The Dragon Inn represents a rare opportunity to acquire a substantial freehold former public house and restaurant situated on an extensive site of approx. 1.57 acres, in one of East Devon's principal growth locations.
The property occupies a prominent position in Rockbeare, immediately adjacent to the rapidly expanding Cranbrook new community and within an area that has seen significant residential, commercial and infrastructure investment in recent years.
The property comprises a substantial licensed premises and restaurant extending to approx. 7,078 sq.ft. together with extensive external areas, parking and surrounding land. The scale and configuration of the property, combined with its location and the continuing development of the surrounding area, provide considerable potential for alternative commercial, residential or mixed-use opportunities, subject to the necessary planning consents.
Of particular significance is the amount of development taking place in the immediate vicinity. Cranbrook has developed rapidly in recent years and is now an established new community, with further major expansion planned and underway.
Much of the land surrounding the Dragon Inn is understood to be subject to Planning Application 26/0534/MOUT, an outline planning application, with all matters reserved, for the construction of 140 residential dwellings including affordable housing, public open space and associated infrastructure
Link to Auction https://www.btgeddisonspropertyauctions.com/properties/202605201417sq_4t1u-300926/for-auction-exeter
Recently Sold Description
Sold prior to auction
Helping You Complete the Deal
We work with a number of trusted funding partners who understand the commercial property market. Whether you’re acquiring a business, refinancing, funding expansion, or require auction finance where timescales are critical, we can introduce you to the right people.
Securing the right funding is often pivotal to a successful transaction, and an experienced, competent broker can make all the difference when navigating terms, structure, and speed of delivery.
We are not regulated by the Financial Conduct Authority (FCA). We may receive a referral fee for introducing you to a regulated finance broker. This does not affect any advice you receive.
Speak to a funding specialist
Additional Professional & Support Services
Legal Support
Choosing the right solicitor is critical to keeping a deal on track. We can connect you with experienced commercial property and corporate lawyers who regularly act on transactions like yours.
Request a solicitor introduction
Insurance
From buildings and business interruption through to specialist sector cover, we can introduce brokers who understand the risks specific to your industry.
Get insurance guidance
Accountants
We can introduce accountants with relevant sector experience to assist with due diligence, tax planning, and financial structuring.
Surveyors
Access to experienced surveyors for building surveys, valuations, and condition reports to support your purchase.
Asbestos Surveyors
Introductions to qualified specialists to ensure compliance and identify any potential risks within the property.
EPC Assessors
We work with accredited assessors who can provide Energy Performance Certificates and advise on improving ratings where required.
Fire Risk Assessors
Ensure compliance and safety with experienced professionals familiar with commercial premises.
Inventory Companies
For sales, lettings, and managed assets, we can recommend providers who produce detailed inventories and schedules of condition.
Stocktaking Services
Particularly for hospitality businesses, we can connect you with stocktakers who provide accurate valuations and ongoing reporting.
Any introductions are made on an informal basis. These providers are independent of our business; however, we will only recommend contacts we believe to be competent, reliable, and capable of assisting with your specific requirements.
