Business for Sale in OTTERY ST MARY, Devon HOTEL/GUEST HOUSE

Freehold Price £800,000

Key Information

Reference
H035052N
Tenure
Freehold
Status
For Sale
Region
Devon
Sector
Guest Houses
Annual Sales
£229,000.00 Exc. VAT
Accommodation
Yes

Business Information

Historic HOTEL/GUEST HOUSE, unopposed and uniquely positioned within popular EAST DEVON town, occupying valuable OTTERY ST MARY, site, approx. ¾ acre, most attractively presented, easy accessible, short walk town centre, attractions and all amenities, proves an ideal base for guests to explore the area, famous seaside towns, beaches and Jurassic coast, a world Heritage site, only a short drive away.

A substantial and versatile character detached property, maintained and presented to a high standard, provides reception, office, lounge, restaurant, commercial kitchen, function suite (suit other uses), cloakrooms, 10 en-suite letting rooms, self-contained 3 bed owners complete with lounge and sitting room (scope to extend). Fabulous grounds, includes terrace, car park, attractive gardens & storage buildings.

Long established well known business, same owners last 20 years, benefits from no direct competition, further benefits anticipated from completion of new housing developments, top reviews received, can be operated at a variety of levels to suit the lifestyle of owners. Sales 2020 approx. £229,000 ex Vat, has been higher in previous years, scope functions and events, viewing recommended to appreciate size and presentation of property/site.

Freehold £800,000 sav Ref: H035052N

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