Guest house In Lynton
- Asking Price:
- £775,000
- Turnover:
- £50K - £100K
- Net Profit:
- On request
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
Separate self-contained one bedroom apartment, suitable for owners’ accommodation, letting, or staff use.
- Location:
-
The property is within easy walking distance of local amenities, including a good selection of restaurants, bars, cafés, shops, small supermarkets, a library, a primary school, and places of worship, along with a regular bus service, etc.
- Premises Details:
-
Outstanding Victorian detached guesthouse (built 1850 for the Lord Mayor of London) in a prime coastal setting. Currently trading with 8 guest bedrooms and a separate self-contained apartment, set in approx. ½-acre mature gardens with spectacular panoramic sea views over Lynmouth.
- Size in square feet:
- 3,670
- Planning Consent:
-
A1
- Energy Performance Rating:
- C View EPC Graph for this property
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The property has been operated as a bed and breakfast by the current owners, building a strong trade. There is further scope to increase the business, as the current owners do not open in the low season and do not provide lunch or evening meals. Accounts will be made available to seriously interested parties who have inspected the property.
- Reasons for selling:
-
Relocation and retirement
- Employees:
- 0
- Years established:
- 10
Other Information
- Support & training:
-
The sellers are offering a handover period to support new owners.
- Home based:
- This business can be run from home
