6 bedroom hotel for sale

West Road, Woolacombe, Devon, EX34

Leasehold £115,000

Property Description

Commercial information

  • Business for sale

Key features

  • Coastal Bistro, Bar, Cafe & Surf Lodge
  • Prime Location With Beach and Sea Views
  • Bar & Restaurant (52+), 6 Letting Rooms (18)
  • Extremely Well Presented & Equipped Business
  • Trading Only 9 1/2 Months With Potential For More

Full description

Tenure: Leasehold

THE PROPERTY The Beach House is an impressive and extremely well presented bar, bistro, cafe and boutique lodge accommodation with origins dating from around 1900. Occupying a prominent and prime trading position in the heart of Woolacombe, The Beach House has been the subject of fastidious renovation and refurbishment to exacting standards by our clients over the last three years and consequently, the business is presented and furnished to an exceptionally high standard throughout. The owners have created an Attractive and Contemporary Bar and Dining Area which comfortably seats 52 customers, with panoramic sea views to the front and a feature atrium glass roof to the rear. This is serviced by a Well-Equipped Commercial Catering Kitchen. To the front there is also Al Fresco Seating with sea views for 12 customers. The Beach House Lodge is self-contained and offers a completely unique style of accommodation in Woolacombe, described as a boutique luxury hostel experience. It offers 6 Letting Rooms, the majority with stunning sea views, which can sleep up to 18 guests, a Surfers Wet Room, Guest Lounge and Feature Rear Terrace with seating for 11 guests. Also to the rear of the property is a Private Car Park for up to 8 vehicles. The Beach House is undoubtedly a unique business opportunity and a viewing is strongly recommended in order to fully appreciate the exceptional quality and standards inherent throughout all aspects of the business and the property, and the tremendous potential which it offers.

SITUATION The Beach House occupies a prominent and prime trading position with extensive sea views, located in West Road within the heart of Woolacombe, North Devon's premier surfing resort. Woolacombe is recognised as one of the UK's best beach resorts and has been recently voted the number one beach in the UK. The three-mile-long golden sandy beach facing the Atlantic Ocean, makes it one of the UK's premier surfing spots and the long sandy beach attracts many thousands of holidaymakers throughout the year, as well as regular visitors year-round attracted by surfing, walking and other recreational facilities which the beach provides. With easy access to other renowned surfing beaches at Puttsborough, Croyde and Saunton,
Woolacombe is also ideally positioned for investigating the surrounding coast and countryside. From the wild splendour of Exmoor National Park to the natural wonders of Lundy Island or the charm of the nearby villages of Morthoe and Croyde. Golfers have the choice of two picturesque courses in Woolacombe itself, or can take on the challenging championship links course at Saunton. The regional centre of Barnstaple offers a mix of High Street names and independent boutique stores and is approximately ten miles south.

THE BEACH HOUSE BAR & BISTRO Fully glazed frontage offering tremendous sea views to the front of the property. Glazed entrance doors leading in to Main Bar Area an attractive area tastefully furnished and decorated with an eclectic and contemporary style with stripped wood flooring, wall mounted menu boards, wall mounted large screen colour television, part exposed brick wall, feature lighting, a range of free standing poser high tables and stools comfortably seat 16 customers. Reclaimed timber fronted and zinc topped Feature Bar Servery fitted with associated back bar fittings and display shelving, with single glass fronted bottle fridge, double glass fronted bottle fridge, stainless steel sink unit, glass washer, small single glass fronted fridge, beer fonts with flash cooler, zinc work surfaces, EPOS cash register with handheld tablets and maître de ordering system with printer links to both the bar and the kitchen, Nespresso coffee machine, hot water still and CCTV system. Customer WC's. Bistro Dining Area open plan and leading through from the bar, with a continuation in style, theme and ambience with part stripped wood flooring and part concrete slab flooring, feature lighting, wall mounted menu boards, feature ceiling atrium, glass fronted upright wine fridge, wine racking, range of assorted free standing wooden tables and chairs comfortably seating 36 customers. Delivery access to rear. Theatre Style Commercial Catering Kitchen with Altro flooring, part tiled, part wipe clean clad and part stainless steel clad walls, fitted with a comprehensive range of commercial catering equipment to include:- extractor system with stainless steel canopy over and gas interlock, six burner gas range, warming cabinet with lit serving gantry over, twin floor standing deep fat fryer, stainless steel wall shelving, two 3-door under counter commercial fridge units (one with saladette over), 2-door under counter commercial fridge unit, commercial upright freezer, twin deep bowl stainless steel sink unit, stainless steel hand basin.

THE BEACH HOUSE LODGE Being self-contained, with independent access to the front and the rear and with the benefit of a lockable interconnecting door on the ground floor to the bar and dining area. The Lodge has been stylishly refurbished to create bespoke and boutique, upmarket hostel style accommodation in unique, modern and attractively presented rooms. Ground Floor: Entrance door to the front into Entrance Vestibule with door into Reception Hall with laminate flooring, stairs to upper floors and lockable interconnecting door through to the bar and dining area which doubles as the Guest Breakfast Room. Surfer's Wet Room being purpose equipped with non-slip flooring, wipe clean clad walls, three shower cubicles, surf board racking, wet suit hanging and drying area, WC and hand basin. First Floor (Ground Floor at the rear): Guest Lounge with large screen wall mounted colour television, laminated flooring, comfy seating area for guests, boiler cupboard with combi boiler, patio doors leading to rear guest terrace seating area and customer car park. Bedroom 1 with bespoke handmade sleeping pods sleeping up to 4 guests, laminate flooring and windows to the front with sea views. Bedroom 2 with bespoke handmade sleeping pods sleeping up to 4 guests, laminate flooring and windows and French doors to the front with private balcony offering sea views. Bedroom 3 with bespoke handmade sleeping pods sleeping 2 guests, laminate flooring and windows to rear. Shared Shower Room with WC, hand basin, and shower cubicle. Further Shared WC with hand basin. Second Floor: Bedroom 4 a twin/double room with laminate flooring and windows to the front with sea views. Bedroom 5 with bespoke handmade sleeping pods sleeping up to 3 guests, laminate flooring and windows to the front with sea views. Bedroom 6 with three single beds, laminate flooring and windows to the rear. Shared Shower Room with WC and hand basin. Further Shared Shower Room with shower cubicle, two separate WCs and two hand basins. Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

EXTERNAL DETAILS The front of the bar and bistro is a Customer Seating Terrace with sea views, glazed wind shelter and sea and high poser tables with stools for 12 customers. To the rear of the property is a Private Car Park Area with space for up to 8 vehicles. Adjacent to this is a Private Rear Seating Terrace leading from the guest lounge and providing seating for up to 11 guests. Various Storage and Bin Store Areas.

THE BUSINESS The Beach House trades as a quality bar, bistro, cafe and lodge, located in a popular and much sought after North Devon village with tremendous sea views. With stylish contemporary décor and furnishings throughout enhancing the property, The Beach House is an exceptionally well presented with an excellent reputation. The business trades for 9? months of the year, closing throughout January, February and early March, but offers potential for a year-round operation. The menu includes tapas dishes, tasting boards, salads, burgers, steaks with daily fish specials, complemented by a selection of quality beers and wines. The business is well regarded for its high quality, freshly prepared food using the best available locally sourced produce. This attention to detail ensures the business enjoys good levels of regular repeat trade, with an excellent local following which is greatly enhanced during the busy holiday months. The Lodge offers unique and quirky boutique lodge/hostel style accommodation which is aimed predominantly at surfers and outdoor sports enthusiasts. The lodge currently only trades at weekends only during the off season, but offers opportunities for year-round trade. The Beach House has been awarded a 5-star food hygiene rating and was recently featured as one of the top ten coastal restaurants in Devon, by Coast Magazine. The business has its own website www.thebeachhousedevon.co.uk which provides further background, information and videos of the business. The Beach House also benefits from numerous excellent reviews on Trip Advisor and the lodge is marketed on well-known accommodation booking websites. The owners also offer surf packages, holidays and fitness breaks, although by their own admission they have by no means exploited these markets. The sale of The Beach House represents an excellent opportunity to purchase a well-regarded and unique catering and accommodation business, which is undoubtedly a very special place to work and a formal viewing is essential to fully appreciate all that this high-quality business and property has to offer.

TRADING INFORMATION Accounts for the year ending 31 March 2018 show sales of £258,121 net of VAT. The split of trade was 83% bar and restaurant sales, 17% accommodation sales. It should be noted that the business only traded for 9 1/2 months during this period, closing for January and February and reopening in mid March. Detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS The trading hours are dependent on the time of year. During the peak season the bar and bistro trades all day, everyday with food being served from midday until 2.30pm and 5.30pm until 9pm. In the off season (November, December and March) trade is restricted to Wednesday and Thursday evenings, and Friday, Saturday and Sunday all day opening. The lodge rooms are let at weekends only during the low season.

CURRENT STAFFING The business is run by our clients, a husband and wife partnership, with six full time members of staff during the peak season, reducing during the low season. There are undoubtedly savings that could be made to the wage bill by hands-on owner operators with a background in catering/hospitality. Further details available on request.

POTENTIAL Our clients advise that there is tremendous potential to develop all aspects of the business still further and for future growth in trade levels, particularly by focused,
hands on owner operators maximising all available income streams. There are undoubted opportunities to operate the business on a year-round basis and for further marketing and promotion of the letting accommodation. The Beach House would ideally suit a working couple, especially those with a background in catering/hospitality. There is also the potential for incoming operators to develop their own style of cuisine and take advantage of these high quality, purpose fitted premises. The sale of The Beach House represents a rare opportunity to acquire a truly unique multifaceted business, in a sought after coastal location, the like of which rarely comes to the market.

EPC D - 91.

SERVICES All mains services are connected to the subject property.

PRICE & TENURE £115,000 for the valuable free of tie leasehold as a going concern business and full trade inventory. Wet and dry stock subject to additional valuation.

The owners are proposing a new 10 year FREE OF TIE lease with a proposed rent of £45,000 per annum, on full repairing terms. Further details available on request.

VIEWINGS Strictly by arrangement with the vendors Sole Selling Agents, Stonesmith. Tel: 01392 201262 or email: info@stonesmith.co.uk for an appointment.

More information from this agent

Nearest station

  • Barnstaple (9.2 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest station

  • Barnstaple (9.2 mi)
Distances are straight line measurements from centre of postcode

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