St. Brannocks Road, Ilfracombe, Devon

Hotel for sale in Devon

Award winning guest house
Semi-detached Victorian residence
Lovingly restored and improved
7 En-suite letting bedrooms
3 Private bedrooms
Rear two tiered gardens with seating areas
Solar panels for maximum efficiency
Car parking for 5 vehicles
EV Charger
Turnover circa £90,000 per annum

LOCATION
Set back from the main approach road into Ilfracombe, North Devon's leading resort, the property is in an ideal position for passing trade.
Within the vicinity are the picturesque pleasure gardens at Bicclescombe Park providing meandering brooks, a boating lake, tennis courts, playground areas and even a licenced cafe/mill. The property is within approximately one mile of Ilfracombe seafront and all town centre amenities.
The resort of Ilfracombe has a population of around 12,000 inhabitants which is boosted during the summer months with an influx of tourists. In recent years the world renowned artist Damien Hirst has provided the town a statue on the pier called 'Verity', which is on loan to the local authority and has increased the number of day visitors to the resort.
The North Devon Council also built a sea sports centre at Larkstone Beach for sea based activities which also has a popular cafe called The Line Kiln which overlooks the sea and pier. The nearest commercial centre is Barnstaple which is approximately 12 miles to the south.

THE PROPERTY
This period Victorian villa dates to about 1885 and the current owners have lavished great love, care and attention on the property. The Earlsdale B&B is a gracious family home which commands your early attention as a turnkey business ready to trade with the utmost of ease.
This stunning example of a Victorian residence has been lovingly restored by the owners over the last six years with many improvements in keeping with the age of the residence. The eye for detail is breath taking in both the style and decorative scheme throughout. All letting bedrooms have been fully re-refurbished, all windows in guest bedrooms have been renovated with original working sashes, a new central heating boiler and hot water tank has been installed, numerous radiators replaced and the property has been fully re-wired. The car park has recently been re-surfaced and there is a 7kW EV charger. All public rooms have been re-furbished to a high standard and highlight the Victorian features such as the quarry tiled flooring and leaded lights to some windows. The property has an array of recently fitted solar panels for energy efficiency and are owned outright by the vendor. Other improvements include LED lighting throughout, a new external bin store, a new roof on the south wing along with a new lead roof to the bay windows and refurbishment to the ironwork on the balcony.

THE BUSINESS
Open for eight months of the year, under the personal supervision of the owners, the business operates as a bed and breakfast establishment from March to December and the business produces a turnover of £90,000 per annum (at the VAT threshold) from 7 letting rooms. This is a profitable business, well worthy of early consideration and we understand the property will be offered comprehensively furnished and equipped subject to trade inventory (excluding those items of a personal nature). The owners operate an adults only policy and do not allow pets. The business has superb reviews on TripAdvisor, is currently rated the number 2 hospitality provider on Trip Advisor and Booking.com and has won the TripAdvisor Travellers Choice Award for the past 6 years running. There is a high percentage of return bookings with 70% being generated directly from the businesses own website. The premises are licensed to provide a selection of beers, ciders, wines, spirits and soft drinks. The owners operate an honesty bar which is open until 9pm every evening.

SERVICES AND UTILITIES    All mains connected. Solar PV system panels which feeds battery storage, hot water immersion feed and EV charger. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT    We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING    Strictly by appointment through the selling agents.

RATEABLE VALUE    £3,750 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

COUNCIL TAX BAND    A

LEGAL ADVICE    We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.

PLANNING    It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change pf planning use is the buyers responsibility.

WEBBERS DO NOT JUST SELL HOUSES    Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347 888.

WANT TO KNOW MORE?    We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
www.environment-agency.gov.uk
www.landregistry.gov.uk
www.gov.uk/green-deal-energy-saving-measures
www.homeoffice.gov.uk
www.ukradon.org
www.fensa.org.uk
www.nesltd.co.uk
http://list.english-heritage.org.uk

Upon approaching Ilfracombe from the south on the main A39, the property can be found on the main approach into the town directly opposite the junction with Bicclescombe Park Road on the left hand side.

Important information

This is not a Shared Ownership Property

This is a Freehold property.

Property Ref: 55837_COM240043

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