Stunning boutique B&B with high income in the heart of North Devon

  • Freehold Price: £550,000
  • Annual Turnover: £80,000
Featured For Sale
Barnstaple, Devon, England
Seller Ref:PAX0042061558
Featured For Sale

Stunning boutique B&B with high income in the heart of North Devon

Barnstaple, Devon, England
Seller Ref:PAX0042061558
  • Freehold Price: £550,000
  • Annual Turnover: £80,000

Overview

Seller Ref: PAX0042061558

Description

A beautifully refurbished true Boutique B&B minutes from the South west coast path in Barnstaple. This carefully curated Bed and breakfast with just four en suite bedrooms has an exceedingly healthy all year round turnover. ( first year reaching £84,500 in just 10 months). Each room is individually designed with bold statement wallpapers which remain perfectly unblemished and ooze charm and class; unique artwork from some well known international artists and stunning centrepiece furniture.
The bathrooms are all delightfully designed to create spaces to relax and unwind with top of the range fittings.
The B&B opened in May 2021 and has created and sustained a very prominent position in Barnstaples hotel market. The business is owner run entirely and has achieved a huge success with ongoing business running well into this autumn already.
There is a two bedroom owners part of the house, on two floors with a cinema room and pool room. A large utility/laundry room which caters for all laundry requirements blissfully well. A double garage attached to the house and accessible through a brand new electronic remote door or via the utility room as well as a huge roof terrace large enough for outside catering if desired. (We are currently completing work on the terrace).
The house is super economical to run as we insulated all walls during renovation with 50ml celotex and double thickness roof insulation. There is a large water heating pump system powering the water pressure at a constant 3 bar at any time . The shower pressure is always commented on by guests as being absolutely fantastic. The house can be sold furnished or unfurnished, subject to negotiation.
The business has exceptional reviews on booking.com at an inspiring 9.8 after over 320 reviews. Feel free to read them at your leisure, it gives a fantastic insight into how our guests feel about this super little business. The business has its own website with a full direct booking portal and is easy to update and maintain.
The house can be sold with future bookings in place if required and is a true turnkey property affording a fantastic ongoing business at whatever level to any ongoing buyers.
The reason for sale is we have decided to move abroad, a decision which we have been toying with for several years. We have three years of accounts which can be seen after any primary viewings. Please serious buyers only, we are entering our busier period and prefer not to waste time with casual interest.

As an alternative, if you are looking for a home or a rental house or just a part time guest house or Airbnb, No22 can work perfectly well.

Trading Hours:
Open all year currently
Number of Employees:
2
Number of Bedrooms:
6
Support and Training:
We are happy to offer any training, advice and support to anyone needing it.
Location Details:
We are just a five minute walk into the town of Barnstaple just over the old long bridge. We are 100 m from the quaint but very efficient train station to Exeter and the bus station is less than half a mile away. The south west coast path and Tarka trail route runs just behind our street making us a prime destination for walkers and cyclists and super easy for travellers arriving by train. Restaurants and all shopping are just a ten minute walk into the town centre. We are a fifteen minute drive to the coast and beaches at Saunton sands, Croyde Bay, Instow and Westward Ho, Woolacombe and Lynton and Lynmouth a bit further a field. Exmoor is under half an hour by car and Dartmoor an hour away .
Is this business relocatable:
No
Is this business home based:
Yes
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
Www.barnstaplebedandbreakfast.com

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