Bed & Breakfasts for sale in Ilfracombe

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Mrs Herbert (Nov 2017)
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Freehold Price: £535,000 Sale Agreed Annual Turnover: £78,000
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Business Description
This semi-detached well-proportioned elegant Victorian residence provides comfortable accommodation which is presented in good decorative order. The property provides a ground floor entrance hall with private lounge, office, one double en-suite bedroom, separate cloakroom, large guest lounge/bar and dining room; all of which are served by a well-equipped commercial kitchen. To the lower ground floor there are two private bedrooms and a bathroom WC. To the upper floors there are seven letting bedrooms and a private bedroom and bathroom (could be used as letting room), a laundry room and an additional bedroom used for storage purposes, which could easily be converted to another en-suite room if required. The property is set back with its own six space car park and there is ample parking in the road nearby. To the rear of the property are two tier gardens, the first tier provides decking and steps lead to a second tier where there is a comfortable garden area with AstroTurf and mature shrubs.

THE BUSINESS
Open for eight months of the year, under the personal supervision of the owners, the business operates as a bed and breakfast establishment (adults only) from March to October and the business produces a turnover of £78,000 per annum.
This is a profitable business, well worthy of early consideration and we understand the property will be offered comprehensively furnished and equipped subject to trade inventory (excluding those items of a personal nature).
Tenure: Freehold

Number of bedrooms: 10

Accommodation Details: 7 Letting Rooms + 3 private bedrooms

Location Details:
Set back from the main approach road into Ilfracombe, North Devon’s leading resort in an area often referred to as the ‘golden mile’. The property is in an ideal position for passing trade. Within the vicinity are the picturesque pleasure gardens at Bicclescombe Park providing meandering brooks, a boating lake, tennis courts and playground areas. The property is within approximately one mile of Ilfracombe seafront and all town centre amenities. The resort of Ilfracombe has a population of around 12,000 inhabitants which is boosted during the summer months with an influx of tourists. In recent years inward investment has included a Tesco’s Supermarket, a Lidl’s Supermarket and the world renowned artist Damien Hirst has provided a statue on the pier called ‘Verity’, which is on loan to the local authority and has increased the number of day visitors to the resort. There are proposals to build a sea centre at Larkstone Beach for sea based activities. The nearest commercial centre is Barnstaple which is approximately 12 miles to the south.

Listed by: Webbers Property

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COM180079
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