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Hotel for sale

Leworthy, Pyworthy, Holsworthy, Devon, EX22

Sold STC £795,000

Property Description

Key features

  • Superb business and lifestyle opportunity
  • Successful bed-and-breakfast and self-catering business with future potential growth
  • Georgian farmhouse with 7 bedrooms, 7 en suites plus owners accommodation
  • Large guest dining area and sitting area
  • Central kitchen/breakfast room
  • Heating provided by oil, electric and solid fuel burners
  • Jubilee Cottage featuring open plan living, 3 bedrooms and shower room
  • Leeside a 2 bedroom detached converted Shippon used as a granny annex with its own pretty gardens and summer house
  • Lovely informal gardens, enclosed paddock area and refurbished fishing lake providing extra income
  • Large outbuilding and numerous car parking spaces

Full description

Tenure: Freehold

Leworthy Farmhouse is a very well presented large Georgian farmhouse which has been substantially extended at the rear and now comprises 7 letting bedrooms with 7 quality en-suites, with 1 room being either triple occupancy or a family room for 4 people. The large guest dining area is currently used for 12 covers, although it can easily seat 16 and opens into the generous guest lounge, featuring a solid fuel burner. The entrance to the property is via the side porch, offering a warm, practical welcome to the guest house.

The large kitchen/breakfast room is in a central position within the farmhouse, providing a buffer to the comfortable ground floor owners accommodation, which has a double bedroom, sitting room with a character Inglenook fireplace housing a wood burner and bread oven, a store room and a separate shower room/WC.

Attached on the ground and first floor is the 3 bedroom self-catering cottage, known as Jubilee Cottage, which has its own front and rear doors for access. The hallway leads to the open plan kitchen/living/ dining room, with an open fireplace and views over the garden. The kitchen is fitted with a range of modern white units with quality work surfaces and the cottage has oil fired central heating. On the first floor the front 2 bedrooms have great views towards the countryside beyond the gardens, and the third bedroom and shower room are set to the rear.

Leeside is a single-storey detached converted Shippon, currently used as a granny annexe which comprises, a sitting room, a kitchen, a bathroom, 2 bedrooms and a separate shower room/WC, which has a useful store and summerhouse and enjoys a southerly view over its own well-stocked and pretty garden. Both the main farmhouse and Leeside have had the benefit of new facias and guttering. Leeside has also had 2 porches built both with disabled access. Heating is provided by electric convector heaters and it is an ideal granny annexe. It could be used as the owners accommodation if renting out the whole of the main property or a further self-catering unit.

There are numerous off-road parking spaces at the rear, with wooden gates providing access to a newly tarmac drive leading into the large detached garage, which has a useful store and workshop. The garage measures 7m x 5.92m, the store 5.79m x 2.36m and the workshop measures 5.84m x 3.18m. Adjacent to the workshop is an enclosed gravelled storage area with log store.

There is a further enclosed gravel area, ideal for enjoying the afternoon sun and this leads round to the well-tended lawn garden to the front, with mature trees. The paddock is set below the gardens and is currently used for pigs, sheep and chickens, with a pathway leading down to the refurbished and well stocked, coarse fishing lake, which is an opportunity for extra income. The gardens and grounds measure 3.2 acres and are surrounded by miles of woodland and countryside.

This is a well presented and upgraded Home and luxuriously appointed Guest House providing a comfortable Home and Income opportunity.

A true lifestyle business with an interesting mix of 7 letting bedrooms at present as well as Jubilee Cottage a self-catering cottage, all providing a comfortable turnover of about £40,000 per annum. The cottage is let via a holiday cottage agency namely The detached Cottage currently used by the owners parents could quite easily be added to Jubilee Cottage as an extra Letting unit thereby increasing revenue streams.
There is great scope to increase the trade as the owners partner uses one of the 7 letting bedrooms as his own home based Office, this coupled with the fact that the business is restricted (no children under 16 or dogs in the Bed & Breakfast part) means the income could quite easily be increased. Also the owners have restricted opening months by choice as the business is closed between Christmas and Easter as well as other times due to family commitments, this ensures that there is plenty of scope here to develop the trade. You could also exploit a potential income from the Fishing Lake very easily. All business fixtures, fittings, website and customer list will be available by separate negotiation to allow potential purchasers to continue trading.

Set at the end of the country lane with just a handful of other properties and an equine facility, this peaceful rural spot is just 3 miles from the market town of Holsworthy, which has an open-air market every Wednesday, and a range of independent businesses around the characterful square. It has a primary and secondary school, a Waitrose supermarket and a leisure centre. The neighbouring village of Pyworthy features a well-respected public house and Launceston, some 15 miles distant, has access onto the main A30 trunk road leading to Exeter, the M5 and beyond. Bude with 2 sandy beaches and the rugged coastline is located about 10 miles from Leworthy and is an approximate 20 minute drive.

SERVICES - Mains water and electric and private drainage via a bio digester fitted in 2010

COUNCIL TAX - For Council Tax Banding please telephone Torridge Council 01237 428700

AGENTS NOTE: Viewings by prior arrangement but vendors may accommodate a 'spur of the moment' viewing if convenient.

From Holsworthy, at the top of Chapel Street, turn into Bodmin Street and head in a Westerly direction following the signs to North Tamerton. Go over Derriton Bridge, bearing left. Go straight on at Thorndon Cross and in a further 0.75 miles turn left sign posted Leworthy. Proceed down the single track lane to an island where the lane forks, stay left and Leworthy Farmhouse is straight ahead.

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