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Luxury Country Hotel and Spa in Devon

Devon, England

  • Freehold Price: £10,999,999  Price Reduced arrow_drop_down
  • Turnover: £545,903
  • Gross Profit: £480,609
Seller Reference: Z-13601-C
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Business Description
 
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Seller Reference: Z-13601-C
Request Details
Business Description
Business
Hilton Smythe is delighted to welcome to the market this popular multi-facet business which is a hidden gem, specialising in self-catering holidays, pampering breaks, weddings and corporate events.

This outstanding business nestles within 100 acres of stunning private countryside with sports rights 1 mile on either side of the river that crosses the land. The business provides 32 rooms in 2 private lodges, either side of a beautiful courtyard. A large 110 cover A3 licensed restaurant with a separate bar and lounge area. The business also provides a large function suite which is used as a licensed indoor/outdoor wedding venue.

In addition, the business boasts a stunning converted 18th century, 6 bedroom, 5 reception room owners farm house. An equine centre, stables and ample private parking.

The business has been in our clients’ careful ownership since 2006. Only now is the business being offered to the market due to our clients’ desire for a change of direction. The business operates all year round and generates a fantastic turnover in the region of £545k per annum, with a gross profit of approximately 85%, as per the 2018 accounts.

The self-catering accommodation comprises of seven beautifully converted stone barns which range from sleeping two guests through to two beautiful 6 bedroom residencies, each sleeping 16 guests. Each of the barns are individually designed to ensure every comfort and convenience, using the latest green technologies. Our clients are passionate about the environment, encouraging guests to change their habits and reduce their carbon foot print.

There are two lodges either side of a courtyard with 9 new hotel rooms, which are all furnished to the same very high standard and include a superb Honeymoon Suite, a family room and a luxurious suite for two.

The spa offers a wide range of treatments, using luxurious products including Elemis, the leading British spa and skincare brand, Jane Iredale skincare makeup, St Tropez Tanning and OPI nail treatments. The facilities include a Jacuzzi bath, steam shower and sauna.

The purpose built on-site restaurant is set over two floors. The eatery is glass fronted in design to take advantage of the stunning views. The restaurant can cater for up to 100 diners, with a menu served from breakfast through to lunch and evening meals. The menu is modern with special and weekly themed evenings. All the dishes are freshly prepared using ingredients from local suppliers.

Our clients also offer the accommodation as a wedding venue, with three beautiful grade II listed buildings providing a special venue to host the service and reception, as well as offering guests’ overnight accommodation. There are tailor-made weddings on offer, which perfectly meet the requirements for the special day and can cater for up to 200 guests, while offering accommodation for up to 76. Hen parties are also catered for.

There are also a wide variety of corporate activities and facilities for businesses, offering award winning and unique accommodation for small or large groups, board groups or any type of business event, retreat or escape. The business has an excellent and very informative website in place.

We feel there is scope to increase the turnover by converting several equine buildings and outbuildings, which includes a redundant bottling plant.

Our client has very recently converted one of the barns into a 4,500sqft gym. Offering a Wellbeing and Nutritional retreat find info at www.questretreats.co.uk.

This is an excellent opportunity for a new owner, perhaps a husband and wife team, partnership or high class chef, to take this already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Location
This multi-faceted business occupies substantial premises, which is ideally located within the south of England. The property, which is a former 18th century dairy farm, is set in over 100 acres of private countryside with outstanding views. The location of the property is an ideal base for the exploration of the seaside resorts within the area.

The area of the property is served by the public transport system with bus services to the local towns and villages. The nearest railway station is approximately 2½ miles away. The area is also well served by the A-roads, with two being within easy driving distance, which link to the national A-road and motorway networks.

Premises
Substantial multi-faceted premises in a prime trading location, briefly comprising:

Guest accommodation:

Accommodation 1 - sleeps 16:

Ground floor:

• Spacious lounge area.
• Kitchen.
• WC.
• Family room with wet room and en-suite WC with wash hand basin.
• Twin room with own bathroom.

First floor:

• 3 x King size rooms, all en-suite.
• Family room with en-suite.

Accommodation 2 – sleeps 4:

Ground floor:

• Open plan living area with Inglenook fireplace and kitchen.
• Double bedroom.

First floor:

• Twin bedroom.

Accommodation 3 – sleeps 4:

• Open plan living area.
• Fully fitted kitchen.
• Double bedroom with en-suite.
• Twin room with en-suite.

Accommodation 4 – sleeps 2:

One bedroom suite accessed by steps.

• Open plan living space.
• Fully equipped kitchen/dining space.
• Double bedroom with en-suite.

Accommodation 5 – sleeps 2:

Ground floor:

• Open-plan living space.
• Underfloor heating.

• King size bedroom with en-suite shower room.

Accommodation 6 – sleeps 4:

• Open plan living/dining area.
• Underfloor heating.
• King size room with en-suite bathroom and separate shower cubicle.
• Large bedroom sleeping 4 with king size bed, large single bed, sofa bed and en-suite shower room with double size shower cubicle.

Accommodation 7 – sleeps 16:

Ground floor:

• Underfloor heating.
• Open plan lounge, dining and kitchen area.
• King size bedroom with en-suite bathroom with separate shower.
• King size bedroom with en-suite comprising Jacuzzi bath and separate shower.

First floor:

• Family room with king size bed, two single beds and en-suite with separate bath and shower.
• Family room with king size bed, two single beds and en-suite with separate bath and shower.
• Double room with twin beds and en-suite with large bath and overhead shower.
• Large double room with floor to ceiling window with views toward the sea, king size bed and en-suite with bath and overhead shower.
• Use of hot tubs to the side of the barn.

Spa:

6 treatment rooms, 3 at ground floor and 3 upper floor. Further open plan treatment areas and reception, shower cubicles and tanning booths. All high end with Elemis and Opi products. Beautiful presentation and decor throughout. Very high end and regal presentation. Outdoor hot tub and infra-red sauna via lovely courtyard.

Restaurant:
There are 60 covers to the ground floor with a further 50 on the first floor, with ‘’olde worlde’ feature exposed timbers, a stunning presentation and ambience. The restaurant is fully air conditioned. Swing doors through to fully fitted commercial grade kitchen kitchen including combi ovens, extraction system, hot lamp, preparation and service area, hot lamp pass, Vacupac machine, industrial mixer, hot cupboards, calor gas grills, dishwashers, dry stores and ancillary areas.

This stunning two floor restaurant also doubles as a function suite with a waitress station between both floors. French doors and bi-fold doors onto surrounding gravel courtyards at ground floor level.

Feeder lounge and bar:
Lounge and feeder bar for the restaurant hosting Spa lunches etc. French doors leading to the courtyards. Another lovely space with lots of character, stunning decor, fixtures and fittings and very well presented. Bar servery to one end providing soft seating areas

Owners’ accommodation:

The house is beautifully presented with 6 bedrooms, 5 reception rooms. Full of character with charming original features, contemporary meets ‘’olde worlde’’. The house could be reconfigured as more hotel letting rooms if required or perhaps converted into a boutique hotel. Secluded and self-contained from main site, with private gardens, courtyard, parking and stunning views.

Stables:

Equestrian area with outdoor, all weather turn out area, plus selection of rented out stable blocks.

Land and outbuildings:

Multiple outbuildings. 100 acres’ in total with sports and fishing rights.

Tenure
We are advised Freehold.

Hours
The business operates all year round.

Staff
The business is owner run and managed with 4 x full time, 2 x self-employed regular contractors and part-time ad-hoc staff.

Financial Profile
The business generates a fantastic turnover in the region of £545k per annum, with a gross profit of approximately 85%, as per the 2018 accounts.

Tenure:
Freehold
Listed by:
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