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Delightful Lynmouth Guest House For Sale

Lynmouth, Devon, UK
Asking Price:
£750,000
Turnover:
£50K - £100K
Net Profit:
Available on request

This character Grade II Listed house offers a delightful home and income opportunity.

There are 7 bedrooms mostly en-suite with the owner using a double bedroom on the second floor of the eastern wing with a private bathroom and dressing room.

The ground floor provides a comfortable guest lounge, cosy bar and light and airy dining room.

In addition at ground floor is the hub of the business a fitted kitchen with aga and preparation area leading to a freezer room and store.

There is a basement with a storage area and pedestrian access onto the main road from the basement lobby.

To the front and northern wing is a lawned forecourt garden with terraced gardens beyond.

Orchard House benefits from a small lawned fore garden with mature shrubs which is approached from a short flight of steps from Watersmeet Road.

The property has oil fired central heating and will be offered with a trade inventory, excluding personal items.

In recent years the owners have undertaken redecoration of the rooms as well as fitting new bathroom suites in many of the bedrooms which has rejuvenated the business greatly.

Our clients trade almost all year round and generate an income of around £85,000 per annum.

Details of accounts will be available to seriously interested parties who have inspected the property.

The current owners have been at the property for around 7 years and promote their lifestyle business on their website as "The Friendliest Hotel in Lynmouth”.

The property has a licence to serve alcohol in the cosy bar and a good clientele has been built up over the years.

This is a genuine retirement sale.

All letting bedrooms are en-suite except one which has a separate private bathroom.

All of the letting bedrooms have sea views or views across to the East Lyn River.

Property Information

Property:

Freehold

Location:

Orchard House is situated in Watersmeet Valley with its wonderful walks and is around 50 yards away from the coastal footpath, Tarka Trail, and Two Moors Way and is only a few minutes’ walk from Lynmouth harbour, beach and the village centre.

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