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FOR SALE Charming 9 bed hotel and restaurant in West Devon

Lifton, Devon
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FOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West DevonFOR SALE - Charming 9 bed hotel and restaurant in West Devon
  • Status

    FOR SALE

  • Date Submitted:

    19/05/22

  • Advert ID

    295610

  • Freehold: £695,000
  • Turnover: On request
  • Net Profit: On request

Business Details

FOR SALE - A charming and highly successful small hotel and restaurant.

<< Price lowered for a quick sale due to personal circumstances >>

This property benefits from nine individual en-suite bedrooms, a bar, restaurant and commercial kitchen. It has a newly laid car park and is maintained to a high standard. The owner’s accommodation consists of a one-bedroom apartment, but could easily be extended by using two of the hotel guest rooms.

Having undergone a rolling refurbishment programme, the hotel is at boutique standard. Dating from the early 1600s, the building has many interesting features, including:

· gothic windows

· a slate floored entrance with ornate staircase and galleried landing

· open fireplaces

· pretty terrace with views over the moors.

The business has been successfully operated for over 15 years with a small team of staff.

Lifton Hall is an established business with a lot of repeat business for accommodation and food. Many blue-chip companies use the hotel for visiting business customers. And the bar and restaurant are supported by the local community for lunches, evening meals and afternoon teas. There remains huge scope to develop the business further.

The owners are now wanting a change to explore other opportunities.

This easily operated business will be sold with a full hand-over to ensure its continued success. Trading accounts will be made available following a successful viewing.

NOTE: Separate to this sale, but available with negotiation, there is a self-contained three-bedroom cottage and a one-bedroom barn.

LOCATION

Lifton Hall is located in the heart of a vibrant and expanding village community with many amenities, including:

· a primary school

· doctor’s surgery

· post office/store.

Lifton stands on the edge of Dartmoor and just a short drive to Bodmin Moor. The A30, connecting Cornwall and Devon, is 1½ miles away. Lifton Hall is only a short drive from Okehampton with a railway station. Plymouth, Truro and the cathedral city of Exeter are approximately 45 minutes away - Exeter has an International airport and a mainline Paddington fast track train service to London.

ACCOMMODATION COMPRISES

GROUND FLOOR

RECEPTION HALLWAY
5.13m x 4.6m
With a bespoke reception desk, sweeping staircase,1st floor gallery landing overlooking the reception, high ceilings and chandelier. Door to

DINING ROOM

8.74m x 7.7m
A lovely open space L-shaped room with many windows making this space light, bright and airy. Interconnecting doorway to

INNER HALLWAY
Full access to reception, rear bar, and preparation room.

PREPARATION ROOM
3.05m x 2.46m
With interlinking doors to a commercial kitchen.

OFFICE/WALK IN COLD ROOM
3.66m x 3.8m

COMMERCIAL KITCHEN
4.88m x 3.94m
This is a fantastic comprehensively equipped kitchen, which is ideally situated closed to the dining room and can easily cope with all kinds of cuisine and larger party bookings too. Door to

REAR BAR SERVERY
2.13m x 2.9m
Door to both inner hallway and cellar.

CELLAR
2.13m x 2.74m
Door to the outside.

MAIN COSY BAR
6.12m x 4.55m
Benefitting from a stone-faced bar, range of comfortable seating and fireplace.

LOWER BAR

3.4m x 4.3m

Range of comfortable seating. Fireplace with wood burner. Double doors to:

LOUNGE

4.1m x 5.5m

Range of comfortable seating, bay window to front and fireplace.

SNUG

2.95m x 3.2m

Comfortable seating and fireplace. Porch (2m x 1.5m) with door to outside.

STORE ROOM – FIRST FLOOR
1.4m x 3.73m

LAUNDRY STORE – FIRST FLOOR
3.8m x 2.1m
With rotary iron and shelving.

LETTING ACCOMMODATION

All rooms have been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TVs, Nespresso machines and beverage facilities, bedside tables, chest of drawers and wardrobes.

1st FLOOR

CARNARVON ROOM
3.8m x 3.5m
A double room with dual aspect windows to front and rear. The en-suite comprises of a shower, low level WC and wash hand basin.

RAMSEY ROOM
3.68m x 4.37m
A double room with dual aspect windows to front and side of the property. The en-suite comprises of a shower, low level WC and wash hand basin.

SHIPTON ROOM
3.00m x 4.90m
A twin room with a window to side of the property. The en-suite comprises of a shower, low level WC and wash hand basin.

DEANERY ROOM
5.8m x 4.27m
A large double room which also could be used as a family room, with dual aspect windows to side and rear of the property. The en-suite comprises of a shower, low level WC and wash hand basin.

BARBICAN ROOM
3.05m x 6.83m
A double room with a window to the rear of the property. The en-suite comprises of a shower, low level WC and wash hand basin.

ELEANOR ROOM
3.86m x 4.67m
A double room with a window to the front of the property. The en-suite comprises of a shower, low level WC and wash hand basin.

GRANVILLE ROOM
3.78m x 4.55m
A large double room with a four-poster bed which could also be used as a family room, with windows to the front of the property. The en-suite comprises of a bath with shower over, low level WC and wash hand basin.

COPPICE ROOM
4.37m x 6.12m
A large double room which could be used as a family room and with dual aspect windows to the front and rear of the property. The en-suite comprises of a bath with shower over, low level WC and wash hand basin.

PRIORY ROOM
5.66m x 4.83m
A double room with a window to the rear of the property. The en-suite comprises of a shower, low level WC and wash hand basin.

OWNERS’ ACCOMMODATION

The owners’ accommodation is currently located on the ground floor and comprises of a large double room, shower room and open plan kitchen/lounge/diner. Both the bedroom and lounge/diner have windows to front making this space bright and airy.

HOLIDAY LET

The layout of the building has been adapted so that three of the guest bedrooms and the Owners accommodation can be separated to create a self-contained 3-bedroomed holiday let that can sleep eight people. This is made using the SNUG as an entrance lobby, Owners’ Accommodation as a lounge (with sofa bed) and kitchen-diner, plus PRIORY, COPPICE and GRANVILLE as en-suite bedrooms.

OUTSIDE

The property benefits from a newly laid car park with ample parking for all rooms and visitors and with a beautifully presented terrace area with tables and comfortable chairs.

ADDITIONAL RESIDENTIAL ACCOMMODATION

There is additional accommodation available, comprising of a self-contained three-bedroom cottage and a one-bedroom barn conversion which adjoin the property to side and rear.

SERVICES

Mains, electricity water, broadband and drainage are all connected.

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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