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A Versatile Commercial / Residential Property In Beer For Sale

Beer, Devon, UK
Asking Price:
£465,000
Turnover:
Available on request
Net Profit:
Available on request

The best of both worlds

A beautiful, highly successful 3/4 en-suite bedroom village guest house or 4 bedroom residential property, only a minute’s walk from the harbour and beach. With owners one owners bedroom and the whole property has undergone a rolling refurbishment programme, which is now presented to a high standard throughout. This opportunity has been developed from a larger sized guesthouse and the final adjustments will be ready this autumn. The letting accommodation is highly ranked on trip advisor (5*) and enjoys high repeat custom, high rooms rates and subsequent impressive profits. Early viewings are highly recommended. There is also an additional 2 bedroom cottage to the rear, which can be purchased altogether for a price £730,000


Colebrooke guesthouse is in the chocolate box village of Beer in East Devon. It’s situated only a minute’s walk from the picturesque harbour/beach. There is excellent primary, secondary and junior schools nearby and Beer itself has an active local community. Minutes’ drive away is Seaton with its many shops, supermarkets and stores and nearby is both Honiton and the famous town of Lyme Regis. All the main road links are nearby and the Cathedral city of Exeter with its International airport, main rail line to Paddington, London and M5 motorway is within a short driving distance.

Colebrook House is for sale due to retirement and has been under the same ownership since 2005 and has built up high levels of repeat and recommendation trade. The current owners use online booking agents. and their own website to promote their business and are not VAT registered at present. Our clients deliberately restrict trade due to lifestyle choice but current income could easily be surpassed. The business could either be 4 letting rooms Airbnb only or 3 letting rooms with a dining room providing breakfast. Actual trading accounts will be made available following a successful formal viewing.

Accommodation

Entrance through a large, glazed door to:

Entrance / reception / lounge (Communal Area)

5.43M X 2.98M

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.

Turning staircase to:

FIRST FLOOR HALF LANDING

The landing benefits from a large window to rear which creates much natural light for the first floor.

CLOAKROOM

With a WC and wash hand basin.

STORE

2.05m x 2.13m

A good-sized room which is used for general storage but could easily be converted into an additional en-suite single room with the cloakroom adjacent.

FIRST FLOOR

ROOM 1

A double room with standard double bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to the front of the property.

SECOND FLOOR HALF LANDING

KITCHEN

3.20m x 2.18m

A large room which has recently been developed into a modern kitchen with all the latest gadgets to make light work of any cooking.

SECOND FLOOR

BEDROOM 2

A family room with a standard double and single bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has two windows to the rear of the property.

BEDROOM 3

A double room with standard double bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to the front of the property.

BEDROOM 4

A double room with standard double bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to the front of the property.

OWNER’S ACCOMMODATION

FIRST FLOOR

The owner’s accommodation is a one bedroom, lounge/dining room with dual aspect windows to front and rear of the property.

OUTSIDE

Immediately outside the owner’s accommodation is an enclosed courtyard with table and chairs.

PARKING

Nearby is low-cost, convenient pay and display parking for customers and to the front of the house there is an area for short term parking.

BUSINESS WEBSITE: https: www.colebrookehouse.co.uk

PLANNING

The property benefits from commercial status of C1 (guest house/hotel) and full residential status C3.

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor’s 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

Main’s gas, electricity water, broadband 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) (currently the property is fully exempt from business rates because of small business rates relief)

TENURE

Freehold

There is also an additional 2 bedroom cottage to the rear, which can be purchased altogether for a price £730,000

VIEWINGS

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

Property Information

Property:

Freehold