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Classic Edwardian Country House Guest House Edge Exmoor For Sale

Minehead, Somerset, UK
Asking Price:
£725,000
Turnover:
£50K - £100K
Net Profit:
Under £50K

Character Edwardian Detached Guest House facing south on the gentle slopes of North Hill with delightful, well stocked and productive gardens. 9 superb en suite letting bedrooms (some with sea views) guest lounge, games room, bar lounge, private study, kitchen, integral garage ( plans for private living room), scullery with gardener's toilet. 2 owners en suite bedrooms; Guest and Private Parking. The current proprietors run the business as a bed and breakfast guest house and keep the turnover below the vat threshold. The business is located within walking distance of the town centre.

The property faces south in an outstanding position with far reaching views to the sea and Exmoor beyond, on the slopes of North Hill. Originally a Gentleman’s residence built around 1901 and later a renowned vegetarian restaurant and hotel, the property is now run as a licensed B&B ( although rated as the No 1 Hotel in the area on Tripadvisor). The property has gas fired central heating. To the front are two car parking areas; at the side is a terrace for guests to enjoy the sun and from here a series of paths to the rear mature walled garden rising above the level of the roof of Marston Lodge and gaining the southern light to ripen the many fruits on an abundance of trees and vines. With the productive vegetable beds and chickens, owners can enjoy reasonable level of self sufficiency.

Whilst this business is listed under TripAdvisor as No 1 Hotel in Minehead and it has a licenced bar and you may be able to persuade the owners to provide an evening meal for you and your party, the business is now essentially a B&B. Our clients have been here about twelve years and taken the business from a traditional small hotel to predominantly a B&B . Now, new owners could continue the present most attractive lifestyle or could provide a wider range of traditional hotel services, using the bar, guest lounge and games room to the full; or, the games room and bar could be taken into the private accommodation for a strictly B&B operation. In any case the gardens are a particular feature of this property and were originally the walled garden of the farmhouse next door and the present owners have stocked them with a large range of fruit trees and created very productive vegetable beds which supply the owners with a steady crop.

Price: £725,000 Freehold

Property Information

Property:

Freehold

Contact Lawrence Wright

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