Hotels and Motels for sale in Lynton

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Hotels - Devon

Lynton, Devon, England

  • Annual Turnover: £300,000
Seller Reference: BC48162
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: BC48162
Request Details
Business Description
• Stunning location with a complimentary neighbouring business
• Turnover for Y/E 2020/21 forecast to be in excess of £300,000
• Superbly presented with 7 en-suite guest rooms. 2-bedrrom owner’s accommodation
• Income generated from 50% dry, 30% wet and 20% accommodation

Stunning and superbly presented freehold, free of tie 3-Star Hotel and Inn with 6 ensuite letting rooms, bar and dining areas, functions room and breakfast area located above the village Barbrook neighbouring a high footfall generating and popular camping and caravanning site in North Devon within a few miles of Lynton and Lynmouth with a projected turnover for Y/E 2020/21 in excess of £300,000.

The Exmoor Manor Hotel and Beggars Roost Inn business is located in an elevated position above the village of Barbrook, near Lynton and Lynmouth which is a highly popular tourist area on the North Devon Coast and is on the edge of the Exmoor National Park. Woolacombe Beach and Lee Bay Beaches are also nearby.

The business has traded for over 30 years and has been in possession of its current owners since February 2015. The business trades all year round with some closures in January.

The Hotel offers 6 very well-presented en-suite letting rooms and the Inn has an impressive bar and dining area with a functions room and a breakfast area on a mezzanine floor. There is also additional dining and drinking areas in the garden.

There is a 7th bedroom room currently utilised for family use which can be offered as an additional guest room.

Summary. A fantastic opportunity to acquire an impressive and profitable small Hotel and Inn in a beautiful part of North Devon, superbly presented with excellent owner’s accommodation. It’s a must to be viewed, to be fully appreciated.

*Evidence of the popularity of the Inn with the neighbouring camping and caravanning customers, was apparent when the pub & restaurant were temporarily closed before the current owners took over. This caused the campsite to suffer a 60% reduction in bookings

Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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