Business for Sale in LYNTON, DEVON - GUEST HOUSE - Freehold: £625,000

Key Information

Ref
H33644N
Type
Hotels: Guest Houses
Location
England: Devon
Tenure
Freehold
Status
Sold
Annual Sales
£78,601 Ex Vat
Accomodation
10 Bedrooms
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Iconic GUEST HOUSE on the spectacular NORTH DEVON coast, occupying unique elevated trading position within LYNTON, enjoying panoramic views, short walk seafront and LYNMOUTH, situated within an area known as the ‘Little Switzerland of England’, forming part of EXMOOR NATIONAL PARK, attracting visitors throughout the year. A substantial Victorian character property, extending over 4 floors, the subject of considerable investment/refurbishment by the current owners, offers 7 spacious en-suite letting rooms, includes 3 suites with lounge areas, additional guest lounge, 16 cover guest breakfast/dining/bar area, kitchen and cloakroom, self-contained private owners floor/apartment, provides 3 bedrooms, lounge/family room with kitchenette, useful study, shower room, utility area and ample storage, benefits from enclosed low maintenance garden. Top performing business, excellent reviews, award winning, 5* EHO rating, operated at level to suit owners lifestyle, trading approx. 8 months each year, Sales 2016 £78,601, Net Profits approaching £50,000, ample scope to increase through opening additional weeks, forward bookings held. Freehold £625,000 sav Ref: H33644N

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