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Fantastic Hotel In Ashburton For Sale

Ashburton, Devon, UK
Asking Price:
£1,695,000
Turnover:
Available on request
Net Profit:
Available on request

A fantastic 23 ensuite bedroom hotel for sale ideally located within 1.5 acres of open countryside on the edge of Dartmoor National Park, Devon, but within seconds’ drive from the A38 motorway. This highly successful business with a sales income of approx. £1.2million benefits from 3 x function suites, large restaurant, bar, guest lounge, commercial kitchens, large 100 space car park, manager’s flat and owners’ flexible 5 bed apartment. To the outside there are several gardens, one of which is used as a wedding venue, two outside terraces and a take-away cabin within the grounds. A recent rolling programme of refurbishment has taken place and the property is now presented to a high decorative standard. There is great scope to expand the business/property and because of the size of the land, a smaller development could be considered to the rear of the site.

Dartmoor Lodge is situated on the edge of Dartmoor National Park and the popular town of Ashburton, Devon. Ideally located with a short drive to Plymouth with easy access over the Tamar bridge to Cornwall. Also nearby is the Cathedral city of Exeter which is seen as the commercial hub of the Southwest benefitting from an International Airport, main Paddington rail line and M5 motorway linking all parts of the UK. The area is known for its breath-taking scenery and the beautiful coastline of Devon with its lovely beaches are within a short drive.

The Hotel has been successfully owner operated with a brigade of staff for many years and has earnt itself a fine reputation from visitors and locals alike. The business’s annual turnover is approx. £1.2million. net which is made up from accommodation, food, functions and wet sales. Because of its size, and with function suites accommodating nearly 200 people, and a dining room and a bar with a further 120 covers at any one-time, large-scale events, weddings and conferences could be easily hosted at this hotel.
We the agents feel that there is much expansion potential and because of the underused land to the rear of the hotel, a smaller modest development could be considered. A full hand over of the business will be provided to ensure to continued success and actual trading accounts will be made available following a formal successful viewing.

Accommodation comprises

Entrance through double glazed door to

Reception / lobby
5.21m x 4.75m
A large welcoming area for all guests, which benefits from a bespoke reception counter and large office area for general administration to the rear.

Ladies toilet
With three cubicles and separate hand wash area.

Gents toilet
With two cubicles, urinal and separate hand wash area.

Bar / lounge
13.75m x 6.97m
A lovely cosy space with many tables and chairs together with a bar with wood top and front which has been comprehensively equipped to meet all challenges of this busy business. The bar area has a beamed ceiling, stone walling and a two-way open fireplace providing warmth and atmosphere.

Dining room 1 (70-120 covers)
14.53m x 9.55m
A substantial room with many tables and chairs to meet the high demands of day-to-day custom. It benefits from a beamed ceiling, two feature stone open fireplaces, carvery food-gantry, large windows to the front and interconnecting doors to

Dining room 2 (haytor suite-120 covers)
11.27m x 9.26m
Another large room which is mainly used for functions, events, conferences and interlinks with dining room 1 to provide additional space during festive periods etc. At the rear of this room is a well-equipped bar and the room benefits from windows to side and front making this area bright and airy.

Dining room 3 (12 covers)
5.50m x 2.65m

A smaller private dining area just off dining area 2 which is used for small intimate gatherings.

Unisex / disabled toilet
With a low-level WC and wash hand basin.
Gents toilet

With a low-level WC and hand wash basin.

Fox torre function suite (20covers)
7.00m x 5.01

Rip torre function room (10 covers)
4.78m x 3.48m

Kitchens
XXXXXX
These large kitchens are well equipped with all the latest equipment and are ideally situated close to all the dining rooms and function suites.


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 is a total of 23 en-suite letting bedrooms which are located on the ground and 1st floor of both the main and annexe building. The breakdown is as follows.

Number Room Type (One is being used for storage)
2 Single bedrooms
11 Double bedroom (also includes 4 four posters)
8 Twin
2 Family
Managers flat
This comprises of a double bedroom ensuite, lounge and separate kitchen.

Owners accommodation
This is a substantial apartment situated on the 1st floor with easy access to all parts of the hotel. It comprises of 5 ensuite bedrooms, large lounge, kitchen and private terrace. Should not all bedrooms be in use, many could be re-purposed as letting rooms.

Outside
Front of property
The property and grounds sit in over 1.6 acres within the loveliest countryside on the edge of the world-renowned Dartmoor National Park.
To the front of the hotel is a large carpark for over 100 vehicles together with a large, decked terrace to the front and a covered take-away decked area.

Rear of property
To the side is a large redundant building which was historically used as toilet block.

Beer garden
This is located to the rear of the premises and is substantial. This area is also ideal for marquees for function events.

Terrace
A lovely, decked area with a plethora of tables and chairs overlooking the gardens.

Wedding garden
A beautiful large, enclosed garden with a covered structure which is ideal for weddings or smaller events.

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

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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