Hotel for sale

Tregonwell Road, Minehead, Somerset, TA24

£650,000

Property Description

Key features

  • Busy resort guest house
  • Close to the town centre and seafront
  • 13 letting bedrooms (3 en-suite)
  • Private owner?s suite
  • Gardens to the front and rear
  • Garage and parking spaces
  • Turnover circa 75,000 per annum
  • Great home and income

Full description

Tenure: Freehold

LOCATION
The Waverley is located in a convenient position within level walking distance of Minehead seafront and town centre. Tregonwell Road is an area where many hotels and guest houses are located and is a popular tourist spot. There is unrestricted street parking nearby. Minehead is west Somerset's leading tourist resort having a population in the region of 8,000 inhabitants which is boosted during the summer months with the influx of tourists. It is also the venue for Butlin’s Holiday Centre and the resort is often referred to as the gateway to Exmoor National Park. The town has excellent tourist and shopping facilities including a Tesco supermarket, Morrison’s and Lidl’s. Nearby popular villages include Porlock and Dunster with its Medieval Castle.

THE PROPERTY
The Waverley is a substantial end-terraced, spacious 13 letting bedroom guest house with accommodation on the ground, first and second floors providing comfortable living quarters and a good range of single, double, twin and family rooms. On the ground floor there is a guest lounge, separate through dining room and private split-level lounge and bedroom as well as open plan kitchen and 1 private bedroom, private lounge with its own shower room facilities.
On the first floor there are 7 letting bedrooms and on the second floor 6 letting bedrooms. Of the 13 letting bedrooms, only 3 have en-suite facilities but the current proprietors operate the business in such a manner as to provide a large range of bedrooms sizes and over the years have found that single rooms let particularly well, hence the reason for not converting many of the rooms with en-suite facilities. However, a discerning purchaser could convert such rooms to provide en-suite facilities, if required. The property is set back from the main road with level lawned foregarden and to the rear and side garage as well as parking for up to 3 vehicles.

THE BUSINESS
This property is on the market for genuine retirement reasons and is now trading at an income level in the region of £75,000 per annum. Accounts will be made available to those parties who have inspected and expressed an interest in this property.
Our client acquired the property in 2010 and has improved the property since that time by installing some double glazing and recovering some flat roofs, ongoing decorating and a new central heating boiler will soon be installed.

AGENTS NOTE
Recently planning permission was granted for conversion to 8 apartments planning reference 3/21/17/087 and plans have been drawn up. Parties should check with the local planning authority as to the plans and permission.


ENTRANCE PORCH 
With double glazed door.

ENTRANCE HALLWAY 
With radiator and under stairs recess.

GUEST LOUNGE 
4.83m x 4.1m
With radiator and double glazed window.

THROUGH DINING ROOM 
9.27m x 7.4m
With 2 radiators, double glazed window and seven tables and seating for 22. Door to:

UTILITY CUPBOARD 
With plumbing for washing machine and dryer.

INNER LOBBY 

PRIVATE OWNERS ACCOMMODATION 

AREA ONE 
A split level room comprising of:

UPPER LEVEL LOUNGE 
3.35m x 4.04m
Utilised as an office/lounge area.

LOWER LEVEL 
5.64m x 4.65m
With double aspect double glazed windows. Currently utilised as a bedroom.

COMMERCIAL KITCHEN 
3.05m x 5.5m
With a full range of laminated base units with cupboards under and matching wall cupboards.

OPEN PLAN DINING ROOM 
2.67m x 4.57m
With further range of laminated base units and fitted gas cooker.

PRIVATE QUARTERS 

ENTRANCE LOBBY 
With double glazed sliding doors to outside.

INNER HALLWAY 

PRIVATE LOUNGE 
3.76m x 4.22m
With radiator. Door to:

PRIVATE BEDROOM 
4.24m x 3.68m
With double aspect windows, built in furniture, dressing table unit and pedestal wash hand basin, L-shaped wardrobes and double glazed door to outside.

STAIRS TO: 

FIRST FLOOR HALF LANDING 
With separate cloakroom and bathroom with WC.

BEDROOM ONE (SINGLE) 
With wash hand basin.

BEDROOM TWO (DOUBLE) 
With wash hand basin.

BEDROOM THREE (SINGLE) 
With wash hand basin.

FIRST FLOOR MAIN LANDING 

BEDROOM FOUR (DOUBLE) 

BEDROOM FIVE (DOUBLE) 
With en-suite bathroom.

BEDROOM SIX (KING) 
With Four Poster King with en-suite shower room WC.

BEDROOM SEVEN (DOUBLE) 
With en-suite shower room WC.

STORE CUPBOARD 

SECOND FLOOR REAR HALF LANDING 
With bathroom WC.

BEDROOM EIGHT (TWIN) 

BEDROOM NINE (TWIN) 

BEDROOM TEN (SINGLE) 

SECOND FLOOR MAIN LANDING 
With entrance to roof space.

BEDROOM ELEVEN (TWIN) 

BEDROOM TWELVE (SINGLE) 

BEDROOM THIRTEEN (FAMILY) 

SHOWER ROOM WC 

CUPBOARD 
Water tank storage.

OUTSIDE 
The property is set back from the main road with a lawned foregarden and to the rear and side access is gained to a private car park area for 2 vehicles. Conservatory, shed, greenhouse and garage.

SERVICES 
All mains connected.

VAT 
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING 
Strictly by appointment through the selling agents.

RATEABLE VALUE 
£7,300 UBR, as of April 2019, 50.4p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

COUNCIL TAX BAND 
A

WEBBERS DO NOT JUST SELL HOUSES 
Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.

WANT TO KNOW MORE? 
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.uk http://list.english-heritage.org.uk

More information from this agent

Nearest station

  • Rhoose (13.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Minehead

9 Floyds Corner, Minehead, Somerset, TA24 5UW

01643 669007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Rhoose (13.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Minehead

9 Floyds Corner, Minehead, Somerset, TA24 5UW

01643 669007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MIN190098. 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 Webbers Property Services, Minehead. 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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