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Apple Tree Hotel, Keenthorne, Nether Stowey, Bridgwater, Somerset, TA5 1HZ

£875,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 16 Bedroom Hotel
  • c.1.5 acre gardens / Car Park
  • Excellent location near Quantock Hills
  • Bar & Restaurant
  • Detached 3 bed owner's house
  • Energy rating E.
  • Christie & Co Ref: 3440579

Description

Description

The Apple Tree is a 16 bedroom relaxed, informal hotel with bar and restaurant, set along a country road in South West England. The property has been extended over the years to provide an excellent lifestyle business. The oldest part of the hotel is believed to be several hundred years old, and retains period features including an original inglenook fireplace. The hotel comes with the unusual bonus of including a fully detached house for the owners occupation.

Our clients have owned the hotel for over 21 years and are now looking forward to their well-earned retirement. The business is currently run on very restrictive opening hours, with our clients choosing to close the hotel at weekends. There is significant scope to increase trade by increasing opening hours and exploring new markets such as weddings and conferences. Equally, a new owner may choose to simplify the business by choosing to trade the hotel as a bed and breakfast without the bar and restaurant.

The hotel caters for both corporate and leisure guests, and there is a good mix of trade from both of these areas, with guests enjoying a relaxed, informal and comfortable atmosphere.

Location

The Apple Tree Hotel is located near Nether Stowey, approximately 5 miles from the larger settlement of Bridgwater near the Quantock Hills AONB and Exmoor national park.

Bridgwater has seen a resurgence in recent times, owing to a number of large scale commercial and residential developments. There are a wealth of key demand generators locally including Hinkley Point, The Quantock Hills AONB, Exmoor national park and the North Somerset Coast.

Internal Details

Internal areas include reception, bar (28), commercial kitchen, conferencing room (20), large orangery (30), and 16 guest bedrooms. Ancillary areas include a plethora of storage areas and public WC facilities.

Letting Accommodation

16 guest bedrooms with a good mix of double rooms (7) Family rooms (2) Twin rooms (2) single rooms (4) and a four poster room.

External Details

The Apple Tree sits to the front of its own plot of c.1.5 acres, laid mostly to lawn with good car parking and attractive plants and shrubbery.

Owner's Accommodation

A substantial, fully detached 3 bedroom modern built home including large kitchen diner, drawing room, utility room, two bathrooms and significant storage space with potential for an additional bedroom if required.

There is also a managers' flat within the hotel, that could be used as further guest accommodation if not required.

Staff

The business is owner operated, with some part time staff and housekeeping assistance.

Trading Information

Accounts for YE August 2023 show a turnover of £149,024. Further financial information will be made available to interested parties.

Business Rates

Rateable value with effect from April 2023 £19,500. Please note this is not what you pay in business rates. Your local council uses the rateable value to calculate the business rates bill.

Energy Performance Certificates

EPC 1

Brochures

Apple Tree Hotel, Keenthorne, Nether Stowey, Bridgwater, Somerset, TA5 1HZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bridgwater Station6.0 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3440579-fh. 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 Christie & Co, Hotels. 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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