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Hotel for sale

Torrs Park, Ilfracombe, Devon, EX34

Sold STC £595,000

Property Description

Full description

Tenure: Freehold

LOCATION
In a prime tourist trading position, next door to the iconic Grade II listed Bath House and entrance to Tunnels Beaches, award winning wedding venue, this property is ideally placed for the holiday trade being within level walking distance of all seafront amenities and beaches. The property is set in Torrs Park, an area of town where there are many detached residences and beyond that access to the South West Coast Path. Ilfracombe is often referred to as the 'jewel in the crown' and is North Devon's premier resort. The town has a population in excess of 14,000 inhabitants, boosted during the summer months with the influx of tourists. Recent inward investment has included a new Wetherspoon Public House on the seafront, Lidl supermarket, a new level car park on the former bus station site and The Landmark Theatre. In addition the renowned artist Damien Hirst has given to the council on loan, a statue called 'Verity' located on the pier, for a term of 20 years. This unique statue has attracted many more visitors to the resort, which is fast becoming a centre for the arts. Indeed there are already 10 art galleries in the town. As well as this The Premier Inn will soon be starting work on the former Alexandra Theatre, to develop it into a 63 bedroom hotel.

THE PROPERTY
This fine detached residence, formerly a family home was acquired by our clients some years ago, who operated the business as a high class guest house, which was awarded 5* Silver Award by Visit England. Our clients then converted the property to a holiday let and were advertised with the English Country Cottages, also rated 5*. They have subsequently withdrawn from English Country Cottages website and now advertise the business themselves. The property benefits from gas fired central heating, has 8 bathrooms and 8 bedrooms, all approached from the spacious central hallway, with a drawing room, sitting room, dining room and breakfast room and WC.
On the ground floor, left hand side rooms are ideal for an owners' private 2 bedroom apartment, leaving the rest of the property to be let either as a guest house or indeed the property could be acquired as operated at present, from a distance, providing a large residential property for families to rent throughout the year. The property is set within its own mature gardens with parking for 10 vehicles, has a garage, rear patio, lawn and rear tiered gardens (which are dispersed with mature shrubs).

THE BUSINESS
Our clients operate a successful business as a husband and wife team and undertake all the bookings, with changeovers and the gardens managed by local professional agencies. The current income produced is in the region of £63,000, providing a profitable and comfortable lifestyle. The business has a great many return bookings, as well as a website which is included in the sale. Accounts will be made available to those seriously interested parties who have inspected the business and the property is available fully furnished and equipped, subject to trade inventory.

The accommodation briefly comprises:


HALF LANDING 
With original stained glass window

LARGE CENTRAL LANDING 
With large crystal chandelier and large linen cupboard housing central heating and hot water boilers, with shelving for linen, storage etc.

BEDROOM THREE (DOUBLE) 
3.05m x 4.04m
Excluding lobby with radiator, en-suite shower room/WC

BEDROOM FOUR (TWIN) 
4.04m x 3.5m
With radiator, en-suite shower room/ WC

BEDROOM FIVE (DOUBLE) 
5.33m x 4.88m
With radiator, double aspect windows, ensuite bathroom/WC

BEDROOM SIX (DOUBLE) 
3.68m x 2.9m
Excluding lobby with en-suite shower room/ WC and radiator

BEDROOM SEVEN (TWIN) 
3.7m x 6.45m
With radiator, bay window, en-suite bathroom/WC

BEDROOM EIGHT (DOUBLE) 
4.47m x 4.27m
With radiator, lobby, en-suite bathroom/WC

OUTSIDE 
The property has its own mature gardens. There is a car park for up to 10 vehicles. On the left hand side of the property there is a level lawn, garden and shed. A pathway leads around the back of the property and to the side is a patio area and garage.

THE GARDENS 
Are tiered, with lawns, shrubs, mature borders and pathways.

SERVICES 
All mains connected

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 
Zero with small business rates relief. 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.

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 www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.

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. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.uk http://list.english-heritage.org.uk

GROUND FLOOR 

MAIN ENTRANCE HALL 
11.28m x 3.68m
With original oak parquet flooring, crystal chandeliers and radiators.

CLOAKROOM/ SHOWER ROOM 
Located off the hall.

DRAWING ROOM 
6.73m x 4.7m
With radiator, bay window, 2 double wall lights, recess alcove and tiled fire place. With access to

STUDY 
door to

DINING ROOM 
4.32m x 4.52m
Ample space, two radiators, conservatory. With access to

KITCHEN/BREAKFAST ROOM 
4.95m x 3.48m
Fully equipped, laminated work surfaces, with cupboards and doors under, fitted wall cupboards, glass fronted illuminated wall cupboards, double aspect windows, dishwasher, radiator and New World 8 hob gas oven with extractor fan. Door to

FORMER OWNERS APARTMENT 
(Now part of the holiday let)

PRIVATE LOUNGE 
4.88m x 4.37m
With radiator, double aspect windows, patio doors to outside

INNER HALLWAY 

BEDROOM ONE 
3.7m x 3.96m
Double bedded room with radiator

BEDROOM TWO 
5.03m x 5.38m
Double bedded room with en-suite bathroom/WC and radiators. Interconnecting door to

UTILITY ROOM 

STAIRS TO FIRST FLOOR 

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