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Successful Guest House Close To The Harbour In Ilfracombe For Sale

Ilfracombe, Devon, UK
Asking Price:
£595,000
Turnover:
Available on request
Net Profit:
Available on request

Believed to have been built in the early 1800's this period property must be viewed to be fully appreciated and is deceptively spacious, especially the lower ground floor area (which is ideal for entertaining) with the dining room, bar lounge, games room and bar servery, all leading to the sun deck with glorious sea views.

There are 8 en-suite letting bedrooms (the rear rooms have views of the promenade and the sea), 2 further top floor bedrooms are currently used as private accommodation as well as a self-contained 2 bedroom owners suite with private lounge and private bathroom on the ground floor.

The property has gas fired radiator central heating and the accommodation is well presented throughout.

To the front of the property there is forecourt parking for 3 cars and to the rear steps lead down from the sun deck to a level garden area, which would be suitable for a hot tub.

To the end of the garden is a chalet which provides a one bedroom en-suite granny annexe. Pedestrian access can be gained to Sommers Crescent and to the seafront beyond.

A family run business since 1996, this bed & breakfast establishment successfully trades just under the VAT level.

The business has capacity increase bookings but from choice the vendors currently open for 10 months of the year.

The current tariff is £90 per room per night with scope to increase.

Accounts can be made available to those seriously interested parties who have inspected the premises.

Property Information

Property:

Freehold

Location:

In the most convenient location Fore Street, situated in one of Ilfracombe’s oldest roads that meanders down to the harbour from the High Street.

Therefore the property is ideally placed for easy access to the seafront, High Street and harbour as well as having promenade and sea views out towards Capstone Hill.

The town is often referred to as the 'jewel in the Crown of North Devon' with its breath taking coastal scenery, many beaches and parklands.

Energy Performance Rating:
C

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