Established Hotel and Restaurant in Devon
Price:
Freehold - £615,000
Location:
Devon, Tavistock, Ottery
Business Type:
Food Service Businesses, Hotels
Preferred Commercial is delighted to offer for sale this established hotel and restaurant, which was opened by our client in 1990 and is only now offered to the market due to our client's wish to retire. The premises are well-equipped to suit the trade comprising 3 buildings containing 2 bars, dining room, commercial kitchen, 7-letting rooms finished to a high standard and 2-bedroom owners' accommodation, set in 2 and a half acres of land. Our client has built an excellent reputation over 20 years of trading, enjoying much repeat custom and word of mouth recommendations. The business offers a selection of high quality meals in the restaurant and both the restaurant and bars are open to the public in the evenings. The business trades all year round and generates a turnover in the region of £160,000 per annum with a gross profit of 71%. We feel this could be further increased by establishing a marketing campaign to generate more trade. This is an ideal opportunity for a lifestyle changing business with 2-bedrooms owners' accommodation set in picturesque countryside and with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
The Old Coach House occupies substantial detached premises in the hamlet of Ottery close to Tavistock, Devon. The premises benefit from ample private parking and picturesque views over rural Devon countryside. There is a bus route through the hamlet and Tavistock is less than 3 miles away. Ottery is a small historic hamlet popular with tourists and hikers and is close to many attractions, including Dartmoor National Park and Buckland Abbey. Plymouth is approximately 20 miles to the south and Exeter is less than 40 miles away.
Closed January and February
Substantial detached premises comprising 3 buildings with two and a half acres of land, all letting rooms are equipped with TVs and tea and coffee making facilities. Briefly comprising:
Main Building
Ground Floor
• Entrance lobby with reception
• Bar area with tables and chairs
• Dining room
• Lounge bar
• Commercial kitchen
• Room 7: Double bedroom with en-suite
• Room 8: Double bedroom with en-suite
• Room 9: Twin bedroom with en-suite
First Floor
• Room 4: Double bedroom with en-suite
• Room 5: Double bedroom with en-suite
• Room 6: Double bedroom with en-suite
• Room 10: Double bedroom with en-suite
Cottage
Available by separate negotiation, briefly comprising:
• Room 1: Double bedroom with en-suite
• Room 2: Twin bedroom with en-suite
• Room 3: Family bedroom with en-suite
• Laundry room
Second Building
• Staff accommodation
• Kitchen
• Lounge
• Large double bedroom with en-suite
Owners' accommodation
• Lounge/kitchen
• Doubl
North Yorkshire
£ 750,000
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