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11/13 Bedroom Guest House In Fantastic Location For Sale

Honiton, Devon, UK
Asking Price:
£795,000
Turnover:
Available on request
Net Profit:
Available on request

A fantastically located guesthouse with 11/13 ensuite bedrooms together with owners flexible 2/4 bedroom accommodation. The business has recently undergone a refurbishment programme and is now being presented in an excellent condition.  With a large dining room, currently being used for breakfast and evening meals, lounge, function room, reception, lounge/bar, car park, boutique gardens to front and side and flexible owners’ accommodation. This characterful establishment trades very successfully, but there is plenty of opportunity to expand.  Early viewings are highly recommended.

Location

Ideally located on the busy A35 which connects Exeter and Bournemouth.  With the lovely, sought-after Honiton town centre only 5 minutes’ drive away and the cathedral city of Exeter, with its international airport and M5 motorway, only 15 minutes away.

Business

Successfully owner operated with a full complement of staff, showing an impressive turnover and subsequent net profit. We, the agents, are confident that there is great scope to expand on theses profits by making use of the unique location, operating a tea garden and advertising the restaurant extensively.  Actual trading accounts will be made available following a successful formal viewing.

Accommodation

Entrance over large, splayed car park to front and in through large farmhouse door to:
Reception area
With bespoke reception desk and doors leading to:

Ladies cloakroom
2 cubicles and 2 wash hand basins with window to side

Gents cloakroom

Low level WC and wash hand basin with window to side

Archway leading to:

Function room

5.49m x 4.89m

With an array of tables and chairs and dual aspect windows to front and rear.

Bar/lounge

8.38m x 5.21m

With tables and chairs, bespoke bar with 2 pumps, optics and storage on back wall, stainless steel sink with drainer, 3 x patio doors to a lovely private garden terrace and door to:

Cellar/ keg room

Dining room
Encompassing 3 distinct areas with seating for 30 guests.

Area 1

3.64m x 3.08m

Known as “The Snug”

Area 2

5.61m x 4.32m

With large feature fireplace

Area 3

3.26m x 3.24m

With fireplace and door leading to:

Kitchen

5.06m x 4.56m

This kitchen has been professionally designed and equipped to a very high standard with tiled flooring throughout and windows to rear.  Door to:

Wash up/dry stores

5.26m x 2.98m

Walk in fridge
Dry stores room

2.71m x 2.32m

Linen stores

2.71m x 2.0m

Door to rear

Letting accommodation

All rooms have recently been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV's, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.

There are 13 letting bedrooms which are made up of 8 ensuite bedrooms in the main building and a further 5 housed in the stable block annexe. Room types are 1 single, 4 standard doubles, 3 superior doubles, 3 junior suites, 1 twin and 1 family room.  There are several ground floor rooms that are suitable for disabled use.

Owners accommodation

The current owners live off site but rooms 1 and 2 would be ideal for owners' accommodaiton and  there is flexibility to create larger more spacious accommodation by using the Bar/Lounge for owners and moving it to the function room, which is hardly ever used. This would create a very well-located Bar/Lounge next to the Reception Desk and provide a sumptuous 2-bedroom owner’s garden accommodation with 3 French doors onto a private rear garden allowing for all 13 en-suite bedrooms to be utilised for letting accommodation.

Outside

Car park to the front for approximately 20 vehicles, cobbled courtyard between main house and stable block, decked terrace area accessed from the bar/lounge which could be the owners private garden, should the conversion take place.  There are extensive lawns to the front, side and rear of the property.

Fixtures and fittings

All trade fixtures and fittings except for our vendors private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents Ware Commercial.

Services

Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

Business rates

Please make enquiries on the local valuation website (VOA)

Tenure

Freehold

Viewings

All viewings and enquiries are to be made through the agents Ware Commercial.

Property Information

Property:

Freehold

Contact Ware Commercial

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