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Hotel for sale

St Brannocks Road, Ilfracombe, Devon, EX34


Property Description

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Tenure: Leasehold

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 Mill and tea room. Ilfracombe is regarded as the 'jewel in the crown' of North Devon, and has a population of 14,000 inhabitants, 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 10 art galleries in the resort which provides a picturesque harbour, numerous beaches and scenic walks.

This is a detached character country house, providing 8 letting bedrooms and main residence and a family house which provides 4 private bedrooms. All set in one and half acres of mature grounds. The public rooms provide a guest lounge, guest dining room and to the lower ground floor a games room. The private accommodation includes a private lounge, kitchen, bathroom and 4 bedrooms. The property benefits from an oil fired aga and the property will be comprehensively equipped subject to trade inventory, excluding those items of a personal nature.

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 £23,000 per annum. The usual bank and trade references are required for landlord's approval from an incoming tenant.

This is a genuine retirement sale after 11 happy years in residence. The business is operated by a husband and wife team and the takings are approximately £64,000 per annum (end of March 2016). Trade is mainly generated through Bed & Breakfast.

The accommodation briefly comprises:

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