Exmoor National Park tea room and accommodation for sale in Somerset, now closed.
Undisclosed, Somerset
- Status
FOR SALE
- Advert ID
654636
- Reference
R158 / Rightbiz
- Call Agent:
- Freehold: £320,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- High visibility for business
- Ideal central location
- Suitable for first-time owners
Business Details
Exmoor National Park Tea Room and Accommodation
28 Cover Tea Room; Licensed; Prominent Position;
2 Bed Flat (can be made independent of the tea room for holiday letting);
Pretty Exmoor Village; Tourist Visited Area; Caravan Site nearby.
In the main high street close to a range of complimentary retail and other trades. This most attractive village is within the Exmoor National Park with the backdrop of the famous hills. There is a campsite and caravan park close to the village and many holiday homes and B&B's.
The property is built of stone under a slate roof and has part double glazing.
The agents have been informed of a list of improvements and repairs carried out in the last 21 years:
The building fully rewired in 2005 and at the same time had new stud walls built all up the staircase and landing and plastered and also the bathroom walls plastered and tiled and a new bathroom suite and shower fitted.
New stud walls and re-plastered in back bedroom in 2007 and new parquet flooring
Parquet flooring laid on landing 2008
Restaurant toilet replaced 2008
In 2010 the kitchen was completely refitted ….new cupboards, work surfaces, retiled and new industrial flooring.
In 2013 all the upstairs windows were replaced with double glazed windows.
The restaurant carpet was replaced in 2019.
2021 - A new wood burner and more efficient electric heating fitted
2020 – 2023 – The whole roof has been replaced in stages.
More recent improvements include: the main bedroom ceiling re-plastered, new access to the loft, the bathroom has been upgraded and is now a shower room, new wooden floor in bedroom one and general redecoration of the residential flat.
This restaurant and tea room has been in the present hands for 38 years and is closed due to age and ill health. A liquor licence is in place.
The very prominent main street location and facilities allows the buyer to choose the style of trading.
The majority of the furniture and equipment is in place and included in the purchase price so new owners can commence business soon after taking over.
Price: £320,000 Freehold
EPC: E
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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