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10 bedroom hotel for sale

2877 Glazebrook Country House Hotel, South Brent, TQ10

£1,170,000

Property Description

Commercial information

  • Business for sale

Key features

  • Occupies substantial 2-storey detached Georgian premises set in its own estate
  • South Brent is popular with commuters due its rural location and excellent road links
  • T/O: 143,000 GP: 75%
  • Bar, lounge and function room
  • There is a website in place advertising the business and services provided with on-line booking
  • 10 en-suite letting bedrooms
  • 2-bedroom owners' flat and a separate unused owners' 1-bedroom accommodation

Full description

Tenure: Freehold

Location
Glazebrook Country House Hotel occupies substantial 2-storey detached Georgian premises set in its own estate in the rural area of South Brent, Devon. The premises boast ample private parking and are surrounded by picturesque countryside. The village of South Brent is a mile away and possesses a wealth of amenities, shops and businesses. The hotel is situated in Dartmoor National Park and is an ideal base for tourists visiting the area. The premises are easily accessed via the busy A38 and the M5 is 24 miles away. South Brent is popular with commuters due to its rural location and excellent road links. The village is also a highly desirable place in which to live and work. Plymouth lies 12 miles away, while Exeter lies 22 miles to the north east.

Business History
Preferred Commercial is delighted to offer for sale this popular country house hotel, which was established in 1970 and which has been in our client's careful hands since 2006. The business trades all year round and generates a turnover in the region of 143,000 per annum with a gross profit of 75%. Glazebrook Country House Hotel boasts 10-letting rooms, a commercial kitchen and a dining room. The property also offers a bar, lounge and function room, which are utilised for weddings, conferences and parties. We feel the turnover could be further increased by a more vigorous marketing campaign and perhaps a loyalty scheme. The business enjoys a loyal customer base and also much repeat trade from tourists visiting the area. There is a website in place advertising the business and services provided with on-line booking facilities. The property has been well-maintained and fitted to a high standard throughout. The premises boast 2-bedroom owners' flat and a separate unused owners' 1-bedroom accommodation, which we feel could be better utilised as further letting accommodation. This is an ideal opportunity to acquire an already busy hotel with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: 143,000 approx.
GP: 75%

Opening Hours
Mon - Sun: 10:00am to 10:00pm

Accommodation Details
Substantial 2-storey detached Georgian property with 10-letting rooms set in its own estate. Briefly comprising:

Ground Floor
Reception area with carved feature fireplace and counter
Lounge bar with feature fireplace, wooden bar and tables and chairs
Dining room with tables and chairs for up to 16 covers
Function room with tables and chairs for up to 80 covers
Commercial kitchen with gas hob and oven, griddle, fryer, microwave ovens, refrigerators, freezers, preparation area, wash hand basin, dry store and freezer room
Owners' office with desk and filing cabinets
Owners' lounge area with feature fireplace
Unused owners' accommodation with double bedroom and en-suite bathroom

First Floor
Honeymoon suite with en-suite bathroom
Double bedroom with en-suite shower room
Single bedroom with 4-poster bed and en-suite bathroom
Double bedroom with 4-poster bed and en-suite bathroom
Double bedroom with en-suite bathroom
Single bedroom with en-suite bathroom
Twin bedroom with en-suite bathroom
Double bedroom with 4-poster bed and en-suite bathroom
Double bedroom with en-suite bathroom
Single bedroom with en-suite bathroom
Owners' accommodation with 2 x double bedrooms with en-suite bathrooms, lounge and kitchen

External
Private entrance with sweeping driveway
Extensive parking
Mature and well-maintained gardens
Additional 4 acres of woodland

Tenure
Advised freehold

Energy Performance Certificates (EPCs)

To view this property or request more details, contact:

Preferred Commercial, Nationwide

Lower House Farm Mansell Way, Horwich, Bolton, BL6 6JL

0844 871 1484 Local call rate

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Disclaimer

Property reference 2877. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Preferred Commercial, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.