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Imposing Bayside Pub & Restaurant With Letting Suites In Somerset For Sale

Blue Anchor Bay, Somerset, UK
Asking Price:
£600,000
Turnover:
£400,000
Net Profit:
Available on request

As you enter the winding driveway from the coast road, you cannot help but notice the imposing size of this property and the amount of history that must lie within. A beautiful Pub & Restaurant full of charm, character, and even a resident ghost. 3 stunning Letting Suites plus a 4 bed Owner Accommodation make up a substantial Freehold period property in a stunning bayside location close to the resort town of Minehead, Somerset.

Steeped in history and retaining many original features, the premises benefit from a large Trade Kitchen, vast picturesque Beer Gardens, and a stunning location adjacent farmland and the ocean, with a large overall plot and parking to the rear.

Historic inn with long established trade, consistent turnover and financials, with the most recent year end headline numbers just short of £400,000 Turnover, circa £117,000 Adjusted Net Profit, and Gross Profit in the region of £262,000. Although more seasonally loaded, the trade is all year round being noted for its excellent food offering, and delectable lettings suites complete with decking and veranda (extremely good occupancy levels exist for the lettings suites throughout the calendar year). The top floor boasts a fully self contained, large, and very versatile family owner accommodation.

MAIN BAR Main Tap Room area with exposed brick fronted servery. Large stone built feature fireplace with cast iron wood burner and flagstone flooring. Much charm throughout with a selection of seating.

MAIN DINING / INGLENOOK AREAS Continued in the same style and arranged into 3 interconnecting rooms, full of character, low beamed ceilings, slate flooring, alcove seating, and inglenooks. The rooms are furnished with a selection of quality solid timber tables and upholstered high backed dining chairs with mixed perch and settle seating. A lovely space where personality meets contemporary. A recent addition to the Main Dining area is the newly fitted second bar servery.

COMMERCIAL KITCHEN A spacious and well laid out commercial kitchen in stainless steel with full extraction and tiled floor. Fully equipped throughout with quality inventory including but not exhaustively, double combi oven and extensive chiller units, commercial dishwasher, prep, wash-up and ancillary areas. Walk-in freezer, stores, beer cellar, and fenced courtyard and external area housing some walk-in units.

LETTINGS | CAPTAIN'S SUITE A spacious luxury suite with en-suite bathroom including separate power shower and bath. Beautiful presentation throughout. Awesome views.

SMUGGLER’S SUITE A delightful suite, the biggest of the 3 with separate 'L'-shape sofa area and modern contemporary en-suite bathroom. Again beautifully appointed and arranged with awesome views.

COMMANDER’S CABIN The latest addition to their letting accommodation. Double bedroom and sofa seating area with modern en-suite bathroom. Thoroughly well appointed and tastefully presented throughout.

Office area to large landing space, into versatile 4 bedroom self contained owner accommodation

OVERVIEW

The Smugglers Inn offers an imposing three storey, detached building, just a stone’s throw from the sandy beach at Blue Anchor. The property sits in a generous plot with extensive and pretty beer gardens with car parking at the rear.

The property is steeped in history and is reputed to date back to the 17th century, when it may have been a Yeomans house or a farm. Home farm adjacent, has one of the largest car-boot sales in the county, and offers camping and tent pitching to its surroundings.

Current Configuration - Top Floor - 4 bedroom accommodation with office/study area, domestic kitchen, family bathroom.

Middle Floor - Three substantial and very spacious letting suites. Access to large decked and stilted balcony area, with stairs to gardens.

Ground Floor - All trading areas, kitchen and ancillaries, parking and beer gardens.

Ideal for chef and partner, or for a relocating family unit looking for a new lifestyle and business all in one.

EPC Rated C (due for renewal)

*PLEASE NOTE - Owing to the recent purchase by our client of some extra land at the rear, which has bettered the carparking and overall accesses situation, we are awaiting the TR1 documents and Land Registry plan to update online.

Viewings by appointment with the agent Richard Payne who viewed and valued the business and will be happy to discuss the opportunity in more detail.

Property Information

Property:

Freehold

Living Accommodation:

Substantial 4 Bedroom

Location:

Beautiful Blue Anchor Bay, just along the coast from the resort town of Minehead, Somerset.

Size in square feet:
6,400
Energy Performance Rating:
C

Business Operation

Competition / Market:

Unapposed

Other Information

Financing available:

Finance is available via our Commercial Funding partner. Ask us for details.