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Buckfastleigh, Devon

£1,195,000

Business rates & charges may apply

Ware Commercial, Torquay
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SECTOR

10 bedroom hotel for sale

Key features

  • A Beautiful Hotel
  • 10 en-suite Letting rooms
  • Self contained 2 bed Owners accommodation
  • Conveniently located
  • High-tech Kitchen
  • Large dining Room
  • Guest Reception rooms
  • A detached art gallery
  • Substantial Car Park

Description

A beautifully presented 10-letting-bedroom hotel for sale in a great location. Benefiting from being conveniently located near the A38, which is equidistant between Exeter and Plymouth, and literally at the gateway to the famous Dartmoor National Park. With spacious self-contained, 2-bedroom owners' accommodation, guest reception rooms, a large dining room, ½ acre of grounds, a professionally installed high-tech kitchen, large gardens, a detached art gallery, and a substantial car park. This successfully operated owner-run business comes with a full handover/training, and early viewing is recommended.

LOCATION
Situated just a short distance from Ashburton's town centre, this hotel is conveniently located close to many amenities, including Buckfast Abbey, South Devon Railway and the Buckfast Butterfly and Otter Sanctuary which are all within walking distance. With the beautiful landscape of Dartmoor nearby, it is excellent for attracting a great number of tourists and corporate visitors. Furthermore, transport links such as the A38 allow for easy access to Exeter, Plymouth, Torquay, and make it ideal for popping into Cornwall, which is only approximately 35 minutes away.

BUSINESS
The business is successfully operated by a husband-and-wife team, with a trained team of part-time and full-time staff, which lightens the workload for the owners. The property has undergone a rolling programme of refurbishment and is now presented to a very high standard. They offer bed and breakfast, and dinner B & B packages. The bar and restaurant serves food to an exceptional standard across Breakfast, Lunch and Dinner. Due to demand, they also cater for functions such as weddings, parties, and general events. Additionally, there is an outbuilding that has been repurposed as a beautifully presented art gallery/studio, one of the owner's passions. In the pretty courtyard where guests arrive, there is a horsebox that has been converted into an outdoor bar, ideal for events or for hot summer months when guests are outside enjoying a drink.

ACCOMMODATION COMPRISES:
Entrance through an attractive front courtyard, with a door leading to:

GROUND FLOOR

RECEPTION LOUNGE / BAR
A welcoming space with a bespoke bar/reception area, many comfortable chairs, and coffee tables, with several windows to the front making this area bright and airy.

THE MILL ROOM RESTAURANT
A fantastic large space for approximately 50 covers, beautifully presented with exposed stone walls, beamed ceiling, uprights, and an array of downlighters and wall lighting.  An established restaurant which is well known and highly regarded in the area for its quality and ambience, it is also sanctioned for weddings.

KITCHENS
The kitchens are ideally situated next door to the dining room and have been comprehensively equipped with all the latest gadgets to make light work of any cuisine, whether it's breakfast or high-end multi-rosette cooking! Attached to the kitchens is a large store and covered area for dry stores, refrigeration, preparation, drinks and much more.

TOILETS
Two unisex toilets including one disabled, both with WC and hand basin.

FIRST FLOOR
To the rear of the first floor was a one-bedroom apartment, now used for housekeeping, office and general storage. Additionally, on the second floor is a further housekeeping cupboard.

LETTING ACCOMMODATION
All the letting rooms have been tastefully decorated to a high standard and offer comfortable furnishings, as well as well-appointed en-suite facilities. Each room is equipped with LCD Digital Freeview TVs, complimentary beverage facilities, bedside tables, chests of drawers and wardrobes.

ROOM CATEGORIES:
Superior Double, Standard Double, Cosy Double, Suites and Family, Standard Single.

FIRST FLOOR
Room 1 - Mardle  - Single

Room 2 - Wistmans Wood- Standard Double

Room 3 - Cherry Brook - Cosy Double

Room 4 - Ashburn - Family Room

Room 5 - Mill Leat - Standard Double

SECOND FLOOR
Room 6 - Ponsworthy - Executive Single

Room 7 - Chinkwell - Standard Double

Room 8 - Newbridge - Cosy Double/Standard Single

Room 9 - Spitchwick - Family Room

Room 10 - Lustleigh - Superior Double

OWNERS' ACCOMMODATION
This attractive, flexible, 2-bedroom duplex accommodation benefits from being self-contained. It can be accessed via the business or through its own parking area and front door, and it benefits from a lovely open-plan kitchen/dining area and a separate lounge. To the rear is a large lovely, enclosed large garden with a terrace, water feature and many mature shrubs and trees, making this a fantastic sanctuary.

OUTSIDE
Upon arriving at the hotel, it is clear this is a quality establishment, which is evident of the outdoor south facing terrace area with an array of comfortable seating, tables and parasols. There is a large sprawling magnolia tree which is lit up at night to provide further ambiance and which allow seating out of an evening with twinkle lights above.  The area is sanctioned for weddings.

ART GALLERY
This out-building has been converted and is now presented as an attractive art studio. Art work and sculptures are being retailed from here however, this could be used for a multitude of uses and is sanctioned for weddings.

HORSE BOX
This horse box has been repurposed as a bar and can be repositioned within the hotel site. Complete with lighting and refrigeration

PARKING
There is a large car park for approx. 20 /22 vehicles and much more unrestricted on the road adjacent to the hotel.

BUSINESS WEBSITE


Fixtures and Fittings:
All trade fixtures and fittings, except for the vendor's private inventory, will be included in the sale. A comprehensive inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation upon completion. The agents, Ware Commercial, have not conducted any testing on these fixtures or appliances.

Services:
Mains gas, electricity, water, broadband, and drainage are all connected to the property. The agents, Ware Commercial, have not tested these services.

Business Rates:
Please make inquiries on the local valuation website (VOA) at (currently, the property is nearly fully exempt from business rates due to small business rates relief).

Tenure:
Freehold

Viewings:
All viewings and inquiries should be made through the agents, Ware Commercial.
TEL: or
Email: Website:

Buckfastleigh, Devon

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Totnes Station5.1 miles

About Ware Commercial, Torquay

16a Fore Street, St. Marychurch, Torquay, TQ1 4NA

Ware Commercial have offices based in Torquay, Exeter and Bournemouth and offer businesses and commercial properties for sale primarily throughout the South West of the UK. Drawing on over 45 years of experience, we specialise in the valuing, marketing and selling of businesses, land and commercial properties.

Our range of commercial properties and businesses for sale includes hotels, guest houses, holiday flats, retail stores, shops, salons, industrial properties, warehouses, offices, restaurants, cafes, takeaways, camp sites, investment properties, pubs, development properties and land.

Notes

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