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Guest House Close To The Beach For Sale

combe martin, Devon, UK
Asking Price:
£575,000
Turnover:
Available on request
Net Profit:
Available on request

This large terraced property offers 8 guest bedrooms but only let 7 as one is currently used as a storage room, all the letting rooms provide en-suites apart from one which has its own separate bathroom off the landing.
Within the property’s current configuration there is a private en-suite bedroom, office and lounge for the owners’ accommodation.
For the guests there is a lounge, bar and breakfast room all of which are serviced by a well equipped kitchen to the rear. The rooms have been well presented and upgraded during the present vendors’ ownership and the shower rooms in the letting bedrooms have also been upgraded to a high standard.
To the rear of the property at ground floor level is a covered yard with perspex roof which houses the washing machine and a lean to store.
Whilst at first floor approached from the rear landing is a pleasant part decked sun terrace with raised flower borders.
Just a few yards away is the large 8 space car park which also has 2 single garages and an open fronted double car port. The property is approached at street level from a small flight of steps with fore gardens either side.
Each room has gas fired radiator heating and double glazing. We strongly recommend viewing to fully appreciate the scope and size of the property.

Having traded under the personal supervision of a couple who have owned the business for over ten years, the business is available for sale due to retirement.
Acorns Guest House is licenced and offers bed and breakfast only with a strong turnover just under the VAT threshold. Full accounts can be made available to those seriously interested parties who have inspected the premises.
The property is available fully furnished and equipped as a going concern excluding items of a personal nature.

Property Information

Property:

Freehold

Location:

In a busy main road trading position on the western approach to the popular coastal village of Combe Martin, the property is only 3 minutes’ walk from the cove and seaside.
Combe Martin has a host of facilities including shops, pubs and restaurants and in recent years the bay has proved popular for kayaks and seaside pursuits.
In addition a new wedding ceremony venue is about to be opened overlooking the sea.
The village is ideal as a centre for holidaymakers to tour Exmoor as well as the nearby town of Ilfracombe which is only 5 miles away, as well as the famous surfing beaches at Woolacombe, Croyde and Saunton.
It is also on the South West coastal footpath route which enhances trade at this establishment.

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