Restaurants for sale in Exeter

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 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £800,000 Annual Turnover: £120,000
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Business Description
Exceptional HOTEL & RESTAURANT opportunity with detached OWNERS HOUSE, desirable DEVON countryside setting yet only a short drive from EXETER and all its amenities/attractions. A quite unique detached property occupying a substantial site, comprising 16th Century Devon longhouse, extended, improved and the subject of investment over the years, offering masses of character with modern comforts. Provides 8 spacious and superior letting rooms, all en-suite, and majority with seating, dressing and work areas, complete with quality furniture, mini bar, trouser presses and more. Additional reception area, bar, breakfast room, super restaurant with galleried seating area, private meeting room, spacious commercial kitchen complete with waitress, wash-up and storage facilities. Attractive grounds comprising courtyard style gardens offering alfresco seating, good size car park with sufficient space for approx. 25 cars. Lovely private and superior owner's accommodation, comprises modern detached cottage, constructed approx. 15 years ago, offers kitchen/breakfast room, dining room, lounge, utility room, cloakroom and 3 double bedrooms all with en-suite bathrooms, also benefits from own private courtyard garden. A renowned business, under current ownership in excess of 20 years, currently run at low level due to the ill health of vendor, trading approx. 7 months of the year, catering for hotel residents only, still produces takings in the region of £120,000, ample scope for all year round trading and opening to non-hotel residents as was previously the case, generating takings in excess of £200,000, excellent reviews and regular repeat trade. Freehold offers in excess of £800,000 sav Ref: H/R32546N

Tenure: Freehold

Listed by: Everett Masson and Furby
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