Elegant Edwardian Guest House | | Lynton Devon | | ELEGANT EDWARDIAN GUEST HOUSE Rural location with the historic town of Lynton only a 3 minute walk Advised annual turnover of £56,000 with high gross profits | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57653
ADVERT IMPRESSIONS : 17,148 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £384,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | ELEGANT EDWARDIAN GUEST HOUSE
Rural location with the historic town of Lynton only a 3 minute walk
Advised annual turnover of £56,000 with high gross profits
6 beautiful bedrooms, 1 currently used by owners
Set within the spectacular Exmoor National Park
Superb decorative order inside and out
Early viewing highly recommended
Scope for further development
FREEHOLD
Location
This exceptional freehold guest house is situated on the edge of the beautiful north Devon town of Lynton in the Exmoor National Park. The property is located just as you enter the town and is just a 3 minute walk to the town one way and 3 minutes to the magnificent Valley of Rocks. Lynton nestles some 500ft from it’s sister town of Lynmouth and are joined by a breathtaking cliff pathway or via the historic funicular cliff railway, giving easy access to both picturesque towns. The guest house provides ideal accommodation year round for visitors to Lynton plus walkers looking to use the Southwest Coast Path and for the annual north Devon and Exmoor walking festival in April/May. Lynmouth sits by the sea at the confluence of the east and west Lyn rivers. Lynton sits higher between Countisbury Hill and Hollerday Hill. It is rumoured that The Denes’ feature fireplace in the lounge was ‘rescued’ from the snooker room of George Newnes’ Hollerday Hill house when destroyed by fire. The Valley of Rocks whose craggy pinnacles rise to nearly 1000ft above sea level provide a scenery that conjectures mythological tales as well as informed geological debate as to their formation. Lynton is only a short drive to the main town of Barnstaple through which the north Devon link road passes and access to north Cornwall or the M5.
Business History
Meridian Business Sales are delighted to offer for sale this exceptional guest house which has been established since the 1980’s and has been in the careful hands of our clients since the millennium. The only reason this rare opportunity is being offered to the market is our clients desire to take a well deserved retirement. The business which is run and managed by our clients consistently achieves an annual turnover of £55,000 which is derived from offering high quality accommodation to a wide range of guests throughout the year with high occupancy levels. The presentation can only be described as excellent with our clients going to considerable expense and effort on renovating and decorating which has resulted in an inviting property which is a pleasure to visit. This is without question a very desirable property which is located in one of the UK’s most sought after lifestyle change areas offering a superb location to reside, combined with a healthy income year round. We would like to urge early viewing as an opportunity of this calibre rarely comes onto the market and is likely to generate high interest. The asking price includes furniture plus fixtures and fittings with off road car parking being a great advantage in Lynton with it’s proximity to the town itself.
Financial Profile
Turnover: £56,000pa
Gross profit: £48,000
Tenure
We are advised freehold
Opening Hours
Trades all year round
Accommodation
Exceptional end terrace Edwardian guest house displaying unique architecture with original fireplaces in each room. It offers 6 bedrooms, guest lounge and pretty garden, briefly comprising:
GROUND FLOOR
Entrance conservatory giving access to both front and rear gardens and providing storage for walking boots and wet clothes.
Inner vestibule with original quarry tiled floor containing cloakroom with WC and wash basin for guests use. Access through a stained glass partition leads to an inner hall leading off to:
Residents lounge with dual aspect windows and feature fireplace
Residents dining room, beautifully furnished in light wood dining furniture
L shaped kitchen with ample storage, preparation areas, free standing fridges and freezers plus external door leading to 2 good sized brick built storage outhouse and garden.
FIRST FLOOR
Bedroom 1 - Double room with inset wash basin
Separate bathroom and WC for private use of bedroom 1.
Bedroom 2 - Flexible family room with dual aspect windows and en-suite, shower, wash basin and WC.
Bedroom 3 - Double room with en-suite shower, wash basin and WC
SECOND FLOOR
Accessed via a feature open spindled turning staircase to;
Bedroom 4 - Double room with en-suite, shower, WC and wash basin.
Bedroom 5 - Large double room with en-suite shower, wash basin and WC (currently used as owners accommodation).
Bedroom 6 - Flexible family room with double aspect windows. A Velux window provides daylight to the en-suite bathroom.
EXTERNAL
There is a well maintained small enclosed garden to the front of the property with pea shingle pathways, shrub borders and lawn. The rear of the property has car parking for 4/5 cars leading to a gated rear garden with raised decking area and greenhouse. There is a beautiful fishpond with rockery surround en-route to the conservatory. | | | | | | FOR SALE | | | | | REFERENCE: | 2490 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
