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Stunning Bed Town Hotel Overlooking The Seafront For Sale

Exmouth, Devon, UK
Asking Price:
£995,000
Turnover:
Available on request
Net Profit:
Available on request

The Ashton Court Hotel is a handsome, Grade II Listed, period property, situated on an elevated position on the Beacon overlooking the seafront. The property is arranged as a five storey detached building and is south facing. The hotel comprises 45 en-suite bedrooms, the majority of which have sea views. The business operates as a traditional hotel, with a large volume of coaching holidays and walk in bookings via booking.com etc. The property benefits from a fully licenced bar with an adjoining lounge, providing additional seating and live entertainment in the evening. The dining room has 80 covers and is used for serving breakfast and evening meals. The business has been run in the same family for over 30 years and operates from early March through to early December each year.

Property Information

Property:

Freehold

Location:

The Ashton Court Hotel is situated on Louisa Terrace, part of the town’s historic Beacon, situated above the Esplanade and gardens, where the first houses were built when Exmouth began to develop as a holiday resort in the 18th Century. The hotel enjoys magnificent views on the Exe Estuary and the beautiful coastline stretching out towards Torbay and to the west and the Jurassic coastline to the east. Exmouth is the largest coastal resort between the Rivers Axe and the Teign and stands at the mouth of the River Exe, with a beautiful sandy beach. The town is a popular area to live and work and is a well established family holiday resort, known for its pleasant climate, clean extensive sandy beaches, fine seafront and magnificent coastal views. Exmouth is only 12 miles from the centre of the city of Exeter and 7 miles from Exeter airport and the M5 motorway, linking the Southwest to the rest of the Country.

Premises Details:

The accommodation briefly comprises:-

ENTRANCE PORCH
With steps up to:-

ENTRANCE FOYER
With reception desk to far left-hand corner. Through to the right is the:-

MAIN BAR & LOUNGE
An attractive double reception room, situated over two levels with feature panoramic bay window with views over the coastline. The cosy Bar is in keeping with the size and the feel of the hotel, with perimeter upholstered bench seating with wooden bar tables and upholstered stools. The bar servery is timber topped and fronted back bar fittings and a roller shutter blind. Separate access to the side.

READING ROOM
A quiet lounge area, situated to the rear of the hotel and used by residents.

LIFT
Accessing all floors.

LADIES & GENT'S WC'S

LAUNDRY ROOM

LOWER GROUND FLOOR

DINING ROOM
Accessed either by stairs or lift. With 80 covers at a range of upholstered banqueting chairs and tables. The dining room is used for serving breakfast between 8-9.15am and evening meals served from 7pm with last orders at 7.45pm. Through to:-

COMMERCIAL KITCHEN
Which is fully equipped, with main extraction canopy, tiled floors and walls with stainless steel equipment and benches. This room links through to the:-

WASH UP & PREP AREA
With commercial dishwasher, double sink and various other catering equipment.

FREEZER ROOM

Outside steps and service yard leading up to the:-

BEER GARDEN
Situated to the rear of the property with a sunny aspect, laid to lawn with mature trees and shrubbery to the perimeter.

THE ROOMS
The Ashton Court has a total of 45 bedrooms, sleeping up to 80 guests. Situated over ground, first, second and third floors of the property. The breakdown of which is as follows:-

18 TWIN ROOMS
14 DOUBLE ROOMS
11 SINGLE ROOMS
2 FAMILY ROOMS

All rooms are en-suite, having either a bath with shower or a walk in shower. The rooms all have colour televisions, WiFi and tea & coffee making facilities and are designated non-smoking and vaping rooms. Each floor is accessible from the lift and the majority of the rooms have sea views.

MANAGER'S FLAT
Arranged as a single storey, ground floor extension satiated at the rear of the property comprising: -
LOUNGE, KITCHEN & DOUBLE EN-SUITE BEDROOM

'DRIVERS ROOM'
Situated at the back of the hotel and arranged as an additional single en-suite bedroom. Often used for coach drivers.

BIN STORAGE

FRONT EXTERIOR

MAIN CAR PARK
To the front of the hotel.

RESIDENTS GARDEN
Situated across the road, an attractive gated level garden overlooking the Esplanade, providing a tranquil spot in which to relax and watch the world go by.

GENERAL INFORMATION

BUSINESS RATES
2017 List: £25,200. Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority.

THE BUSINESS
The Ashton Court Hotel is operated as a family business and trades approximately nine months of the year with the main income generated from coaching holidays. Other trade is derived from prebooked or ‘walk in’ individual stays with a typical double bedroom during the summer months commanding £115 per room, per night including full English breakfast. The tariff for a single room is £58. The Ashton Court Hotel has a very good 8.5 review rating on Booking.com and is featured on many other portal sites.

The sale of the Ashton Court Hotel provides an unusual opportunity to buy a prominent freehold hotel, situated on a Beacon in Exmouth, boasting some of the finest hotel views in the South West of England.

A new owner has the opportunity to continue to operate the business in its traditional way, as it has been over several decades. Alternatively, there is huge scope to change the feel of the hotel by introducing a more mainstream approach, potentially reducing the room numbers and transforming the hotel into more of a boutique hotel. Either way this location will always sell and visitors will keep returning for the views!

Further trading information will be provide to bona fide interested parties following a formal viewing arranged the Sole Selling Agents, Bettesworths.

SERVICES
All mains services are connected to the property.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding the owner’s personal effects.

STOCK
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

EPC EXEMPT

Other Information

Related Documents:

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