Bed & Breakfasts for sale in Lynmouth

View the "FOR SALE BY AUCTION - Stunning B&B + Holiday Lets" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

FOR SALE BY AUCTION - Stunning B&B + Holiday Lets

Lynmouth, Devon, England

  • Freehold Price: £500,000
  • Annual Turnover: £46,000
Seller Reference: COM170038 - Countisbury Lodge
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: COM170038 - Countisbury Lodge
Request Details
Business Description
FOR SALE BY PUBLIC AUCTION. (Unless previously sold by private treaty).
Auction to take place on Friday 31st of May 2019.
Auction to take place at: The Park Suite, Park Hotel, Taw Vale, Barnstaple, EX32 9AE
Price Guide in excess of £500,000.
For auction contract and special conditions of sale please contact the seller’s solicitors:
Emma Webb at Milford & Dormer Solicitors,
45 Fore Street, Chard, Somerset,
TA20 1PT

LOCATION
Standing high above a wooded river valley overlooking the East Lyn river the property commands a sunny outlook facing SW towards Lynmouth hill with views towards Lynton, Lynmouth and the Bristol Channel.
It is approached from a private road, Tors Park, that leads from Countisbury Hill off the A39 (the easiest approach) and also from the other end of the same private road which meanders up from the river valley floor.
The twin resorts of Lynton and Lynmouth are often referred to as the 'Little Switzerland' of England and are considered an ideal venue to explore Exmoor National Park.

THE PROPERTY
Believed to have been built as a vicarage and retreat for the clergy originally on church land, this attractive residence is built into the rocky hillside (indeed a rock face outcrop is visible in the bar/lobby area).
The property stands detached with a parking area at the top for vehicles and a parking area at the front for additional vehicles.
Countisbury Lodge provides a guest house as well as an adjoining self-contained two-bedroom holiday cottage.
In the last two years, the current owners have improved the property having redecorated the cottage and undertaken reinforcement work to the front drive retaining wall.
All the drains and gutters have been updated and the main roof has been renewed with a roofing membrane added and the old tiles secured firmly in place or replaced with other reclaimed tiles.
The property has been generally upgraded throughout, and benefits from oil-fired central heating, provided from the Rayburn in the well-equipped kitchen.

THE BUSINESS
This attractive home with income provides a unique lifestyle opportunity with a comfortable family home and profitable business.
The gross turnover is £46,000. There is still scope to easily add value to the rooms.
The property will be comprehensively equipped subject to trade inventory - excluding those items of a personal nature.
Accounts will be made available to those seriously interested parties who have inspected the property.

IMPORTANT NOTICE
All purchasers must register their interest in the property prior to the auction commencing and there is a purchaser’s fee to be paid on the successful acquisition of the property which is £250 + VAT (at 20%).
Tenure:
Freehold
Location Details:
Standing high above a wooded river valley overlooking the East Lyn river the property commands a sunny outlook facing SW towards Lynmouth hill with views towards Lynton, Lynmouth and the Bristol Channel. It is approached from a private road, Tors Park, that leads from Countisbury Hill off the A39 (the easiest approach) and also from the other end of the same private road which meanders up from the river valley floor.
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