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Exmoor Manor Hotel And Beggars Roost Inn, Barbrook, Devon

Offers in Region of
£899,950

Business rates & charges may apply

Miller Commercial, Business Transfer
SECTOR
Hotel for sale

Key features

  • HISTORIC FREEHOUSE & LETTING ROOMS (7)
  • NEAR LYNTON, LYNMOUTH & EXMOOR PARK
  • SUBSTANTIAL REFURBISHMENT AND INVESTMENT
  • TOTAL COVERS c. 150 OVERALL
  • EPC:D81
  • 2 BEDROOM OWNERS ACCOMMODATION
  • GROWING TRADE WITH FURTHER POTENTIAL

Property description

Tenure: Freehold

A beautifully presented and re-furbished FREEHOUSE and B&B situated adjacent to Exmoor National Park and close to the extremely popular coastal location of LYNMOUTH and LYNTON .

Essentially two main properties, with the Bar and Restaurant (Beggars Roost) and Letting Rooms (Exmoor Manor) conjoined via Reception.

With a private owners flat on the first floor at the rear, this really is a lot of property in a highly desirable setting and location.

For further details contact Graham Timmins / , or

Summary - HISTORIC FREEHOUSE & LETTING ROOMS (7)
NEAR LYNTON, LYNMOUTH & EXMOOR PARK
SUBSTANTIAL REFURBISHMENT AND INVESTMENT
TOTAL COVERS c. 150 OVERALL
2 BEDROOM OWNERS ACCOMMODATION
GROWING TRADE WITH FURTHER POTENTIAL
RARE FREEHOLD OPPORTUNITY
EPC: D81

Location - The business is situated in an elevated position above the village of Barbrook, a few miles from Lynton and Lynmouth in North Devon. The area is extremely popular with holiday makers, who come to explore the pretty villages, stunning coastline and surfing beaches at Croyde and Wollacoombe. Also, Barbrook is on the the edge of Exmoor National Park, making this business popular with walkers.

The Property - We understand the property is from the Georgian era and comprises a Manor House with a modern interconnecting building to a former Barn, now the Beggars Roost Inn. The Manor House has two entrances, through the reception and it's own original front door and comprises 7 (6 currently let) large and well appointed and refurbished letting rooms, along with the spacious second floor 2 bedroom owners apartment. To the front are mature gardens, principally comprising a lawned area, which many of the rooms overlook. The Beggars Roost (former Barn) is an equally impressive building, with a traditional bar and restaurant on the ground floor, leading to a quite spectacular first floor Functions room, with a mezzanine breakfast area and interconnecting staircase to the Manor House reception. In summary, this sale represents an opportunity to acquire two quite magnificent historic properties which have undergone a significant amount of investment to bring them up to modern standards, yet retain a huge amount of character and charm.

The Business - We understand the business has traded for over 30 years, has been in our clients tenure since February 2015 during which time they have undertaken a significant amount of investment to build the business up, which is now showing results as evidenced by year on year sales growth. The business trades all year with exception of some closure in January and February and is run by our clients with chefs and bar persons. The trade split is approximately 20% accommodation; 30% wet and ; 50% food sales. the turnover for the latest full year (end March 2018) showed sales of £280,000 (net of VAT) with an operating Gross Profit level of 57%. Further information regarding our clients business can be seen at

The Accommodation Comprises (All Areas And Dimensions Are Approximate) - All areas and dimensions are approximate.

Exmoor Manor Hotel -

Reception - 11.43m x 5.47m : Doors and windows to front, overlooking the gardens. Stairs to first floor accommodation, landing and breakfast room. Built in reception desk, tables, chairs and comfortable seating for guests.

Letting Rooms - Accessed internally via the Reception or via it's own front door, with a large entrance hall. All rooms are en-suite and have Colour TV's, tea and coffee making facilities and a fridge.

Room 4 - Double / Family : Two windows to the front elevation. En-suite shower.

Inner Hallway - Boiler room

Room 3 - Double : Window to rear elevation. En-suite shower.
NB - currently used by a staff member

Room 2 - Double : French doors to the garden. En-suite bath with shower.

Room 1 - Superior : Window to front elevation. Bathroom with freestanding roll top bath and separate shower.

First Floor Letting -

Room 7 - Double / Family : Window to front elevation. En-suite shower.

Room 6 - Double : Window to side elevation. Built in wardrobe. En-suite shower.

Room 5 - Double : Window to front. En-suite bath and shower.

Beggars Roost Inn -

Main Bar And Dining Areas - 17.31m x 4.76m : A very impressive bar and dining room with many character features. Built in bar servery with 12 taps. Work space to rear of Bar. Tables and chairs for 40 covers. Three windows and a set of doors overlooking the garden. Working inset multi-fuel stove. Dumb waiter from kitchen above.

Cellar - 4.16m x 3.20 : With racking and wall mounted cooling, located adjacent to the Bar.

Gents And Ladies Wc's -

Stairs To First Floor -

Functions Room - 18.41m x 5.30m : A very impressive room with double height vaulted ceiling and wood panelled walls. Capable of taking 70 persons seated or up to 120 standing. Bar servery with 3 taps.

Commercial Kitchen - 6.84m x 4.08m : A well equipped commercial kitchen, with commercial non-slip flooring and stainless steel walls. Second area 5.29m x 4.14m, door to rear elevation giving access to kitchen stores.

Breakfast Areas / Station - 4.90m x 6.91m (max), plus 4.0m x 3.5m : With tables and chairs for accommodation guests, dumb waiter from kitchen below.

Owners Accommodation -

Entrance Hall / Study - 6.34m x 3.21m

Lounge / Dining - 5.3m x 5.10m : An impressive room with a vaulted ceiling, window to the front elevation. French doors leading onto private patio. Ample space for a dining table and settee etc.

Kitchen - 3.04m x 2.94m :Two windows to the rear elevation. Electric hob and matching base and wall units.

Bathroom / Shower - Window to the rear elevation, bath and shower, low level wc and wash hand basin.

Bedroom 1 - 3.62m x 3.32m :Two windows to the rear elevation, built in wardrobe.

Bedroom 2 - 3.40m x 2.98m : Window to the front elevation.

Outside - Large car park to the front for c. 30 vehicles and picnic benches for up to 48 covers. Lawned area to the front of the Manor House.
To the rear of the property is ample space for staff parking, waste storage and a building for general maintenance, outside tables and chairs, laundry and a walk-in chiller.

General Information - LOCAL AUTHORITY
North Devon District Council
North Walk
Barnstaple
Devon EX31 1EA
Tel:

Floor Plans - NB - Floor Plans available upon request.

Energy Performance Certificate - The Energy Performance Rating for this property is D81.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Premises Licence - We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.

Business Rates - We refer you to the government website

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power:
South West Water:
Transco:

Stock - To be taken at valuation.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information - For further information or an appointment to view please contact either:-

Graham Timmins on or via email

or Paul Collins on or via email

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

Energy Performance Certificates

EPC 1

Brochures

Exmoor Manor Hotel And Beggars Roost Inn, Barbrook, Devon

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station14.2 miles

About Miller Commercial, Business Transfer

Mansion House Princes Street, Truro, TR1 2RF

Chartered Surveyors and Business Property Specialists

As Chartered Surveyors and Business Property Specialists we offer market leading services across Cornwall, the wider South West and the UK as a whole. We specialise in investment and development, sales and acquisitions, business transfer, valuation and lease consultancy, property management, leasing and letting.

Retained Clients

A significant number of high worth individuals retain our services ready to inve

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Notes

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Disclaimer - Property reference 29056560. 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 Miller Commercial, Business Transfer. 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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