Hotel for sale in St Brannocks Road, Ilfracombe, Devon, EX34

Key features

A fine country house on the outskirts of Ilfracombe
Set in around 1.5 acres of mature gardens
Approached via a private driveway
Operating as a successful guest house
With 8 letting bedrooms and 4 private bedrooms
With a meadow, car park and large private garden
Outbuilding/wood store
Takings circa £85,000 per annum
For sale as a going concern

Description

LOCATION
One of the towns best kept secrets, Score Valley Country Guest House is a charming 18th Century country house approached from a narrow country lane located in a hidden valley off the main approach to Ilfracombe, North Devon's premier resort. Nearby is the attractive Bicclescombe Park and Gardens about 1 mile from the town centre. The Park provides a children's play area, tennis courts and planted flower displays and is dissected by the Wilderbrook Stream. There is also a restored Mill and Tea Room. Ilfracombe is regarded as the 'jewel in the crown' of North Devon and has a population of 14,000 inhabitants which is boosted in the summer months with an influx of tourists. The renowned artist Damien Hirst has loaned to the town a statue on the pier called 'Verity', which has increased the number of day visitors to the resort. At the same time there are now numerous art galleries in the resort which provides a picturesque harbour, numerous beaches and scenic walks. A brand new multi-million pound Water Sports Centre has been built by the North Devon Council opposite the pier at Larkstone Cove.

THE PROPERTY
This is a detached character country house, providing 8 letting bedrooms within the main residence and a family home adjoining which provides 4 private bedrooms. In recent years the property has been improved with newly re-decorated bedrooms and public rooms as well as many new en-suite facilities. The public rooms provide a bar and guest lounge and dining room.
The private accommodation includes a private lounge, kitchen, bathroom and 4 bedrooms. There are two large basement rooms one utilised as a light and airy craft/hobby room the other room is used as a store room.
The property benefits from an oil fired aga, some electric panel radiators and the property will be comprehensively equipped subject to trade inventory, excluding those items of a personal nature.
Set in around 1.5 acres of land with a meadow, a private lawned garden, courtyard, crazy paved morning patio, large car park and is surrounded by a mature woodland - this truly is a mystical setting!

TENURE
The property is held on the balance of a 21 year lease with 10 years remaining. The current rent payable is in the region of £25,000 per annum with an ingoing premium of £250,000.
The usual 3 month bank statements and trade/professional references are required for landlord's approval. The Landlord will consider a new ingoing lease terms.

THE BUSINESS
This is a long established guest house in a fabulous country setting on the outskirts of town. Takings are at around £85,000 per annum, just under the VAT threshold. Trade is mainly generated through bed & breakfast.

GROUND FLOOR

ENTRANCE PORCH

ENTRANCE HALL

9.45m x 2.74m

BAR & GUEST LOUNGE

4.52m x 6.12m

With double aspect windows.

DINING ROOM

6.12m x 4.57m

With marble fireplace and fireside china cabinets. With door to patio seating area.

REAR HALLWAY

With 2 separate cloakrooms off.

PRIVATE SITTING ROOM

5.03m x 4.5m

PREPARATION ROOM

PRIVATE LOUNGE

3.94m x 3.66m

PRIVATE KITCHEN

4.75m x 3.66m

With double drainage sink unit hot and cold, plumbing for washing machine and usual worktops. Fully equipped subject to trade inventory, excluding items of a personal nature.

LAUNDRY

STORE ROOM

LOWER GROUND FLOOR

HALL

STORE ROOM

CRAFT/HOBBY ROOM

6.22m x 4.67m

STORE ROOM

4.42m x 6.22m

STORE ROOM

FIRST FLOOR

BEDROOM ONE (SINGLE)

2.54m x 3.23m

With en-suite shower room WC.

BEDROOM TWO (DOUBLE)

4.45m x 4.2m

With en-suite shower room WC.

BEDROOM THREE (TWIN/DOUBLE)

3.5m x 4.27m

BEDROOM FOUR(TWIN/DOUBLE)

5.5m x 4.45m

With en-suite shower room WC.

STORE ROOM

BEDROOM EIGHT

5.05m x 5.03m

With en-suite bathroom WC.

PRIVATE BEDROOM ONE

4.37m x 4.06m

PRIVATE BEDROOM TWO

4.06m x 3.15m

BATHROOM

STAIRS TO SECOND FLOOR

BEDROOM FIVE (TWIN/DOUBLE)

3.96m x 3.9m

With en-suite shower room WC.

BEDROOM SIX (DOUBLE)

3.5m x 4.27m

With en-suite shower room WC.

BEDROOM SEVEN (TWIN/DOUBLE)

3.5m x 4.42m

With en-suite bathroom WC.

PRIVATE BEDROOM THREE

4.42m x 4m

PRIVATE BEDROOM FOUR

4m x 3.84m

OUTSIDE

The property is approached off a country lane through a wooded narrow driveway to a sweeping circular car park and the garden has an abundance of shrubs including azaleas, hydrangeas, rhododendrons and bedding plants, as well as a lawn in front of the private accommodation. To the rear is a lawned garden and drying area for private use. The remaining land is at the lower level.

COURTYARD

To one side is a private courtyard, beyond which is a:

WOOD STORE

5.66m x 4.57m

SERVICES

Mains electricity, water and drainage. There is no gas at the property.

VAT

We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING

Strictly by appointment through the selling agents.

RATEABLE VALUE

£5,900 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

WEBBERS DO NOT JUST SELL HOUSES

Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site or call our office on .

WANT TO KNOW MORE?

We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.

Brochures

Particulars

About the agent

Webbers Property Services, Ilfracombe

48 High Street, Ilfracombe, Devon, EX34 9QB

$Webbers Property Services, Ilfracombe$

Ilfracombe is located on the uppermost tip of the North Devon Coast and is a popular tourist destination. The population is approximately 12,000 swelling to well above this figure during the busy summer months.

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