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ELEGANT EDWARDIAN GUEST HOUSE

Price:
Freehold - £384,950
Seller Ref:
2490
Location:

Devon, Lynton

Business Type:

Hotels

See Other:
Bed & breakfasts for sale in Devon
Guest houses for sale in Devon
Hotels and motels for sale in Devon
Hotels for sale in Devon
Description:
THE BUSINESS:
ELEGANT EDWARDIAN GUEST HOUSE
Rural location with the historic town of Lynton only a 3 minute walk
Advised annual turnover of £56,000 with high gross profits
6 beautiful bedrooms, 1 currently used by owners
Set within the spectacular Exmoor National Park
Superb decorative order inside and out
Early viewing highly recommended
Scope for further development
FREEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this exceptional guest house which has been established since the 1980’s and has been in the careful hands of our clients since the millennium. The only reason this rare opportunity is being offered to the market is our clients desire to take a well deserved retirement. The business which is run and managed by our clients consistently achieves an annual turnover of £55,000 which is derived from offering high quality accommodation to a wide range of guests throughout the year with high occupancy levels. The presentation can only be described as excellent with our clients going to considerable expense and effort on renovating and decorating which has resulted in an inviting property which is a pleasure to visit. This is without question a very desirable property which is located in one of the UK’s most sought after lifestyle change areas offering a superb location to reside, combined with a healthy income year round. We would like to urge early viewing as an opportunity of this calibre rarely comes onto the market and is likely to generate high interest. The asking price includes furniture plus fixtures and fittings with off road car parking being a great advantage in Lynton with it’s proximity to the town itself.
Location Details:
This exceptional freehold guest house is situated on the edge of the beautiful north Devon town of Lynton in the Exmoor National Park. The property is located just as you enter the town and is just a 3 minute walk to the town one way and 3 minutes to the magnificent Valley of Rocks. Lynton nestles some 500ft from it’s sister town of Lynmouth and are joined by a breathtaking cliff pathway or via the historic funicular cliff railway, giving easy access to both picturesque towns. The guest house provides ideal accommodation year round for visitors to Lynton plus walkers looking to use the Southwest Coast Path and for the annual north Devon and Exmoor walking festival in April/May. Lynmouth sits by the sea at the confluence of the east and west Lyn rivers. Lynton sits higher between Countisbury Hill and Hollerday Hill. It is rumoured that The Denes’ feature fireplace in the lounge was ‘rescued’ from the snooker room of George Newnes’ Hollerday Hill house when destroyed by fire. The Valley
Accommodation:
Exceptional end terrace Edwardian guest house displaying unique architecture with original fireplaces in each room. It offers 6 bedrooms, guest lounge and pretty garden, briefly comprising: GROUND FLOOR Entrance conservatory giving access to both front and rear gardens and providing storage for walking boots and wet clothes. Inner vestibule with original quarry tiled floor containing cloakroom with WC and wash basin for guests use. Access through a stained glass partition leads to an inner hall leading off to: Residents lounge with dual aspect windows and feature fireplace Residents dining room, beautifully furnished in light wood dining furniture L shaped kitchen with ample storage, preparation areas, free standing fridges and freezers plus external door leading to 2 good sized brick built storage outhouse and garden. FIRST FLOOR Bedroom 1 - Double room with inset wash basin Separate bathroom and WC for private use of bedroom 1. Bedroom 2 - Flexible family room with
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