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Fox & Hounds Country Hotel, Eggesford, Devon, EX18 7JZ

£1,450,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • 22 well presented ensuite guest bedrooms
  • Luxury two-bedroom self-catering treehouse
  • Popular restaurant & bar
  • Set in circa six acres of grounds
  • Stunning countryside setting
  • Private fishing beat. EPC Rating B
  • Christie & Co Ref: 3246738

Description

Description

The Fox & Hounds is a beautiful country hotel with parts dating back to the 1800s. The business is well established and attracts a wide variety of clientele. Since taking over the business our clients have invested in the property to upgrade the facilities and have recently added two new rooms, including the premium Heywood Suite. In addition, our clients have focused on building the business and have now seen sales figures hit record levels. The business has also just been awarded a TripAdvisor Travellers Choice Award, putting the hotel in the top 10% of TripAdvisor listing globally based on customer reviews.

The hotel has a diverse selection of bedrooms which can cater for a wide range of guests, including a number of dog friendly bedrooms. Although two bedrooms have recently been added to the letting inventory there is still scope to grow this number further; our clients have started work on converting the disused first floor chapel into two further letting bedrooms. Due to their decision to sell the business this project has been put on hold; however, it would be relatively straightforward for a new owner to finish this project and quickly benefit from the income these rooms would create. The three-level Luxury Treehouse has a wrap around deck, sleeps 2 adults and 2 children and features a fully equipped kitchen, log burner and brass bath.

The popular Heywood Restaurant & Bar is open daily from 8am to 11pm serving both hotel residents and the public. The restaurant is well-known for its high-quality food and serves breakfast, lunch, afternoon and cream teas, dinner, and a Sunday carvery.

The hotel has been hosting weddings for over 25 years and has developed a good reputation in this regard. The hotel specialises in garden wedding ceremonies, offering plentiful covered areas to allow for ceremonies in all weathers. Receptions are held in the terrace function room, which can accommodate more than 100 seated guests. The hotel also uniquely offers more intimate Treehouse Weddings for intimate parties of up to 10 people including the bride and groom.

Location

The hotel is situated in the heart of the stunning Devon countryside midway between Dartmoor and Exmoor, set on the banks of the River Taw amongst the scenic Mid Devon landscape. The hotel is the perfect location from which to explore the beautiful Devon countryside, nearby attractions and a wide range of activities. Eggesford is the final point on the famous 180 mile Tarka Trail, a figure of eight walking and cycling route through unspoilt countryside, making it a popular destination with visitors exploring the area.

Eggesford Train Station is just a short walk from the hotel, which offers frequent services to both Exeter and Barnstaple.

Internal Details

The present owners have carried out many renovations and improvements in recent years and as a result the hotel is presented in good order throughout.

Heywood Restaurant & Bar - 60 covers.
Licenced for civil weddings.
Function Room - Seating over 100 on round tables.

Ancillary
Commercial kitchen
Cellar
Stores
Walk in freezer & cold room
Ladies and gents WCs
Offices

Fixtures & Fittings

Trade fixtures and fittings are included in the sale.

Fishing

For more than 100 years the hotel has been a destination for anglers who are attracted to the area for its Wild Brown Trout, Sea Trout and Salmon. The hotel owns a ¾ mile beat which runs along the boundary of the property and has access to approximately a further six miles of fishing along the River Taw and River Torridge. The hotel has access to two local independent guides who can help guests get the most out of their fishing.

Letting Accommodation

The hotel has 22 ensuite bedrooms comprising:
Superior / Suite - 6
Double / Twin- 13
Self-Catering Suite with kitchenette- 1
Single - 2

The luxury treehouse self catering unit comprises:
Fully equipped kitchen with dining area
Lounge with log burner
King-sized bedroom
Two bunk beds
Bathroom with full sized copper bath and shower
Wrap around deck

External Details

Gardens: Enclosed gardens to the rear with summer house licenced for outdoor weddings.

Grounds : Approximately six acres of grounds, split into two areas. Mainly laid to grass with a lake.

Fishing Beat: ¾ mile fishing beat adjoining the hotel grounds, between Eggesford Bridge and Heywood Bridge.

Car parking spaces: 60+

Site area Approximately 5.9 acres.

Storage: Shed and storage container

Staff

The business includes a full complement of staff including a head chef and operations manager. The staff are overseen by a hands on owner operator.

Trading Information

Accounts for the year ending January 2023 show net sales of £977,127.

Tenure

The Fox & Hounds is held on a freehold basis.

Business Rates

Rateable value with effect from April 2023 £37,500. Please note this is not what you pay in business rates. The local council uses the rateable value to calculate the business rates bill.

Energy Performance Certificates

EPC 1

Brochures

Fox & Hounds Country Hotel, Eggesford, Devon, EX18 7JZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Eggesford Station0.2 miles
  • King's Nympton Station3.4 miles
  • Lapford Station3.7 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 3246738-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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