The Queens Head is a former hotel in a central position in a Minehead, a coastal town in North West Somerset. The property has been owned and operated by our client for over 30 years, during which time the operation has changed from an operational hotel, to a multi let commercial investment, which includes a ground floor public House, the former bedrooms now all let on AST agreements. The Queens Head occupies a prominent position within the town and boasts C. 3,800 sqft ground floor, flexible trading space, which includes (110) covers by way of lounge bar, games room and restaurant areas. Furthermore, there is the added benefit of a commercial kitchen and a plethora of ancillary storage space including ladies, Gents & Disabled WC’s. On the lower basement storage is accessed internally in addition to a drop hatch from the kitchen and access to the beer cellar. Externally there is a shared communal garden (which is on occasions used by the tenants of the apartments and a fire escape, hence the need to have a shared requirement), an inner courtyard and a rear service entrance. Over the first and second floors is the 10 apartments, all let (and the majority for a significant period of time – offering comfort in the consistency of the income), under the following rental charges:-
Location
Located on the picturesque coast of Somerset, Minehead offers a perfect blend of natural beauty and charming coastal living. Situated within the stunning Exmoor National Park, Minehead boasts breathtaking
views of the Bristol Channel and surrounding countryside.
With its historic harbour, quaint streets, and vibrant town centre, Minehead offers residents a relaxed and welcoming atmosphere. Enjoy leisurely walks along the scenic seafront promenade, explore the town's
array of shops, cafes, and restaurants, or take a nostalgic ride on the iconic West Somerset Railway. Outdoor enthusiasts will delight in the wealth of recreational activities available, including hiking, cycling, sailing, and fishing. Minehead's proximity to Exmoor National Park provides endless opportunities for adventure amidst rugged moorland landscapes, ancient woodlands, and tranquil rivers.
With excellent transport links and a strong sense of community, Minehead is an idyllic location for those seeking a peaceful coastal lifestyle with easy access to both natural beauty and modern conveniences.
• Our Ref: CD-20158
• Long term ownership – former hotel
• Ground floor pub & 10 letting apartments
• Expected total, headline income to be of £110,000 p/a which represents a 11% Gross yield.
• Much investment & stable AST income
• Ground floor C. 3,800 trading space
• 10 Apartments over first & second floors
• FH Price: £1,000,000 Guide Price
