Hotel for sale

Castle Hill, Lynton, Devon, EX35

£625,000

Property Description

Full description

Tenure: Freehold

LOCATION
Standing at the top of Castle Hill, commanding a prominent corner position, overlooking the town of Lynton and close to the main public car park, local church, shops and infants' school, the property is therefore ideally placed for the tourist trade. Lynton together with its twin resort of Lynmouth is often referred to as the 'Little Switzerland' of England as it is surrounded by deep sided wooded river valleys and is in the heart of Exmoor National Park. Nearby is the famous Valley of the Rocks with its dramatic coastal scenery and the twin resort of Lynmouth at sea level, has a host of interesting shops and a small harbour. Barnstaple the regional centre of North Devon is located approximately 18 miles to the North West and in the other direction of Minehead, West Somerset's main tourist resort is within approximately 30 minutes motoring distance.

THE PROPERTY
This Victorian townhouse built around 1891 has many original Victorian features including the fireplaces and high ceilings. The accommodation offers spacious rooms which have been fully modernised in recent years and is presented as a boutique style luxuriously appointed guest house. The ground floor provides a guest lounge, through dining room, commercial kitchen and separate cloakroom. The upper floor provides seven high calibre hotel suites of which three provide luxury suites which have their own private lounge areas. The owners accommodation located at garden level, provides a two bedroom apartment with large L-shaped lounge. The property benefits from a small rear courtyard garden for owners use and fronts onto the main street through the town. The letting rooms all benefit from well-appointed fitted furniture, free sat LCD TV's, tea and coffee making facilities, alarm clock radio, hair dryers, and generally the guest house will be offered comprehensively equipped subject to trade inventory.

THE BUSINESS
Our clients operate the business on a seasonal basis and the guest house is run by a husband and wife team, with a turnover in the region of £80,000 per annum. Full detailed accounts will be made available to those interested parties who have inspected the property. The business is available for genuine reasons after 6 successful years, under the current ownership.

The accommodation briefly comprises:

GROUND FLOOR 

ENTRANCE PORCH 

SEPARATE CLOAKROOM 
With low level toilet

THROUGH DINING ROOM 
10.5m Max x6.05m Max(L-shape narrows to 3.25m to the far rear)q - The dining room seats 16, has double aspect windows overlooking the town and the moor beyond, also with french doors looking out onto attractive balcony.

COMMERCIAL KITCHEN 
4.93m Max x 3.68m - Comprehensively equipped and fully tiled throughout. With stainless steel work island with cupboards and drawers under. Double bowl stainless steel sink unit with hot and cold mixer taps with cupboards under, range of matching work surfaces with cupboards under. Matching wall cupboards, two microwaves, 1 grill and 1 hot cupboard.

LETTING ACCOMMODATION 

STAIRS TO FIRST FLOOR 

SUITE ONE (DOUBLE) 
4.47m x 4.55m

SITTING ROOM 
4.47m x 4.55m

SUITE TWO (DOUBLE) 
4.72m x 3.66m
With en-suite facilities. Door to balcony, double apsect windows.

SUITE THREE (DOUBLE) 
3.63m x3.33m - With en-suite bathroom WC, luxuriously appointed.

STAIRS TO SECOND FLOOR 

CENTRAL LANDING 

BEDROOM FOUR (DOUBLE) 
3.91m x 2.82m
With en-suite bathroom WC.

BEDROOM FIVE (TWIN) 
4.95m x 2.82m
With en-suite shower room WC

BEDROOM SIX (DOUBLE) 
3.33m x 4.8m

WITH L-SHAPED SITTING ROOM AREA 
3.5m x 4.93m
With en-suite bathroom WC and views over the town.

BEDROOM SEVEN (DOUBLE) 
4.17m x 3.78m
With en-suite shower room WC

GARDEN FLAT (OWNERS APARTMENT) 

STAIRS TO LOWER GROUND FLOOR 

CENTRAL HALLWAY 

L-SHAPED LOUNGE 
6.58m x 6.4m
With built in corner cupboard, door to and steps up to

OFFICE 
3.48m x 1.83m

BEDROOM ONE 
5.28m x 4.24m

BEDROOM TWO 
3.33m x 3.43m
With large shower room WC

OUTSIDE 
The property is pavement fronting, to the rear there is a gravelled private courtyard.

AGENTS NOTE 
The business will be offered fully furnished and equipped as a going concern and is well worthy of your further inspection, as quickly as possible to avoid disappointment.

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 
£5,500 UBR, as of April 2015, 49.3p 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.

COUNCIL TAX BAND 
B

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

More information from this agent

Nearest station

  • Barnstaple (14.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Barnstaple

39-41 Boutport Street, Barnstaple, North Devon, EX31 1SA

01271 604026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Barnstaple (14.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Barnstaple

39-41 Boutport Street, Barnstaple, North Devon, EX31 1SA

01271 604026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference BAR160908. 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 Webbers Property Services, Barnstaple. 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.

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