Hotel/guest house for sale in Exford, Minehead TA24
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Property description
It is a busy walking, fishing and equine centre.
Nearby towns include Minehead (13 miles away) and Taunton (24 miles away).
The property
This is a 17th Century country house arranged as a 16 bedroom coaching inn with a wealth of character having around 3 acres of land, stables and a detached owners 3 bedroom cottage.
The owners have installed a bio mass boiler for heating. All the letting bedrooms have en-suite facilities and there is a cosy bar downstairs which has a log burner, a welcoming reception area, a large residents lounge and restaurant area (part of which is utilised as a country fayre shop).
The rest of the ground floor is completed with the office, a large commercial kitchen with stock room, chef's office and the freezer room.
To the rear an inner hall provides access to both the ladies and gents public cloakrooms.
The business
The Crown Inn at Exford has a long established reputation with takings of around £600,000 from wet sales (one third) food sales (one third) and room sales (one third).
Owned and operated by the same family since 2005 with up to 8 staff members and open all year round.
Please note that in recent years the bar and restaurant has closed at lunchtimes through owners choice, but could easily be re-instated.
Residue of 999 year lease granted in 23/06/1969 at a peppercorn rent of £1 per annum (Virtual Freehold).
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Webbers Commercial, EX31 on +44 1271 618961 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Webbers Commercial, and do not constitute property particulars. Please contact Webbers Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.