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Country House Hotel in South Brent Devon

Price:
Freehold - £1,170,000
Turnover:
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Seller Ref:
2877
Location:

Devon, South Brent

Business Type:

Hotels

See Other:
Hotels and motels for sale in Devon
Bed & breakfasts for sale in Devon
Guest houses for sale in Devon
Hotels for sale in Devon
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular country house hotel, which was established in 1970 and which has been in our client's careful hands since 2006. The business trades all year round and generates a turnover in the region of £143,000 per annum with a gross profit of 75%. Glazebrook Country House Hotel boasts 10-letting rooms, a commercial kitchen and a dining room. The property also offers a bar, lounge and function room, which are utilised for weddings, conferences and parties. We feel the turnover could be further increased by a more vigorous marketing campaign and perhaps a loyalty scheme. The business enjoys a loyal customer base and also much repeat trade from tourists visiting the area. There is a website in place advertising the business and services provided with on-line booking facilities. The property has been well-maintained and fitted to a high standard throughout. The premises boast 2-bedroom owners' flat and a separate unused owners' 1-bedroom accommodation, which we feel could be better utilised as further letting accommodation. This is an ideal opportunity to acquire an already busy hotel with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Glazebrook Country House Hotel occupies substantial 2-storey detached Georgian premises set in its own estate in the rural area of South Brent, Devon. The premises boast ample private parking and are surrounded by picturesque countryside. The village of South Brent is a mile away and possesses a wealth of amenities, shops and businesses. The hotel is situated in Dartmoor National Park and is an ideal base for tourists visiting the area. The premises are easily accessed via the busy A38 and the M5 is 24 miles away. South Brent is popular with commuters due to its rural location and excellent road links. The village is also a highly desirable place in which to live and work. Plymouth lies 12 miles away, while Exeter lies 22 miles to the north east.
Trading Hours:
Mon - Sun: 10:00am to 10:00pm
Accommodation:
Substantial 2-storey detached Georgian property with 10-letting rooms set in its own estate. Briefly comprising: Ground Floor • Reception area with carved feature fireplace and counter • Lounge bar with feature fireplace, wooden bar and tables and chairs • Dining room with tables and chairs for up to 16 covers • Function room with tables and chairs for up to 80 covers • Commercial kitchen with gas hob and oven, griddle, fryer, microwave ovens, refrigerators, freezers, preparation area, wash hand basin, dry store and freezer room • Owners' office with desk and filing cabinets • Owners' lounge area with feature fireplace • Unused owners' accommodation with double bedroom and en-suite bathroom First Floor • Honeymoon suite with en-suite bathroom • Double bedroom with en-suite shower room • Single bedroom with 4-poster bed and en-suite bathroom • Double bedroom with 4-poster bed and en-suite bathroom • Double bedroom with en-suite bathroom • Single bedroom with en-suit
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