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Hotel for sale

Lee Road, Lynton, Devon, EX35

£550,000

Property Description

Full description

Tenure: Freehold

LOCATION
This fine example of a Victorian property which is also a Grade II listed building is located on Lee Road connecting the town centre of Lynton to the Valley of the Rocks. The property is within level walking distances of all amenities and from the front of the property has views over the village. Lynton together with its twin resort Lynmouth is often referred as the 'Little Switzerland 'of England, is surrounded by deep sided wooded river valleys.

THE PROPERTY
The property provides spacious accommodation on two floors, with two of the letting rooms on the first floor benefitting from balconies overlooking the village. The ground floor provides a comfortable resident's lounge with an honesty bar, a further private lounge (currently used as an office/laundry room), customer dining room and a commercial kitchen all of which can be accessed from a central reception hallway. To the rear the clients have a reconfigured the space, formerly 3 bedrooms, now providing their own private lounge with a wood burning stove and interconnecting door to a spacious private bedroom with en-suite facilities.
The first floor of the main house provides four letting bedrooms as does the second floor of the main residence. The property benefits from private parking to the front for 3 vehicles as well as a small private garage and driveway. At the top of the garden there are three further car parking spaces, and to the rear of the property there is access to a private road. The property benefits from oil fired radiator central heating and part double glazing to the rear of the property and will be offered comprehensively equipped as a going concern with all fixtures, fittings and equipment subject to trade inventory (excluding those items of a personal nature).

THE BUSINESS
Our clients operate from mid-February to October, trading at a level of approximately £75,000 turnover with excellent repeat business established. They operate mainly for couples and do not take younger children. They have built up an excellent trade and are highly rated on Trip Advisor. Included within the business will be the website: www.southcliffe.co.uk. We strongly recommend viewing this individually designed and spacious Victorian guest house.

The accommodation briefly comprises:

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