No longer on the market
This property is no longer on the market
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Key information
Features and description
- Tenure: Freehold
- Detached purpose built guest house
- On the South West Coastal Footpath
- Located at Ilfracombe close to beaches
- 10 Bedrooms
- Private owners 1 bedroom suite
- Housekeepers bedroom
- Private parking
- Part double glazing
- Gas CH
- Takings £110,000 per annum
Video tours
In a most convenient yet peaceful spot set back from a private road and fronting onto the South West coastal footpath the property is at the start of the Torrs National Trust coastal reserve and therefore ideally placed for tourists. Nearby is the famous Tunnels Beaches, a popular private beach approached via a tunnel dug deep into the rocks which now operates as a wedding venue. In the other direction just up the footpath is the rocky and isolated White Pebble beach. The picturesque harbour and pier where Damien Hirst’s statue ‘Verity’ stands is about 1 mile away with all seafront amenities and tourist facilities on hand. The local council are investing in a brand new Water Sports Centre at Larkstone Beach opposite the pier to encourage activities in the harbour and Bristol Channel. Ilfracombe has a static population of some 12,000 inhabitants which is boosted during the summer months with the influx of tourists. In recent years the town has gained a reputation for arts and crafts, indeed there are numerous art galleries within the town.
THE PROPERTY
The property is a purpose built hotel which was first opened in 1964. The accommodation provides a 10 en-suite letting bedroom hotel with 2 private bedrooms. The property has a ground floor bar/lounge, guest lounge and private lounge plus there is parking within the curtilage for 10 vehicles.
The property benefits from gas fired central heating having had two new boilers installed in recent years as well as the first floor having had installed new double glazing and enjoys a southerly aspect in a sheltered position next to the Torrs.
The owner has fixed blinds to many of the windows and shower screens alongside baths as well as generally re-decorating throughout. The property will be offered comprehensively furnished and equipped subject to trade inventory and excluding those items of a personal nature.
AGENTS NOTE
Avoncourt Lodge offers a splendid home and income opportunity or alternatively this property has potential to convert to residential apartments or maybe as a building site for a new build, all subject to the necessary planning permission.
THE BUSINESS
This is a genuine retirement sale of this bed & breakfast establishment which has operated as a hospitality business for the last 50 years with the current owner having traded here for the last 6 years.
Turnover is around £100,000+ per annum from bed & breakfast only however there is scope to increase trade by opening a restaurant or possibly through cream tea sales.
Rooms
RECEPTION HALLWAY 2.67m x 3.68m
HALL
LAUNDRY ROOM 3.63m x 2.62m
LOUNGE BAR 5.46m x 3.33m
STORE ROOM
WC
OFFICE 2.67m x 3.68m
BEDROOM 1 (Double) 2.62m x 3.63m
With en-suite bathroom/WC.
PRIVATE BEDROOM (Double) 3.63m x 2.6m
GUEST LOUNGE 3.63m x 4.78m
DRY STORE
KITCHEN 3.63m x 3.68m
The kitchen is comprehensively equipped subject to trade inventory.
DINING ROOM 9.42m x 2.74m
With seating for 20 covers.
PRIVATE LOUNGE 5.82m x 4.4m
Door to rear courtyard. Private staircase to first floor private accommodation.
FIRST FLOOR
PRIVATE BEDROOM 4.3m x 2.97m
With door to balcony.
PRIVATE BATHROOM
MAIN LANDING
Door to fire exit and external staircase leading down to rear yard.
STORE
BEDROOM 6 (Double) 4.06m x 3.12m
With balcony and en-suite bathroom/WC.
BEDROOM 5 (Double) 2.64m x 3.7m
With en-suite bathroom/WC.
BEDROOM 4 (Double) 2.7m x 3.66m
With en-suite bathroom/WC.
BEDROOM 3 (Double) 3.4m x 3.66m
With balcony and en-suite shower room/WC.
BEDROOM 2 (Double) 2.72m x 3.45m
With balcony and en-suite bathroom/WC.
BEDROOM 10 (Single) 2.67m x 1.96m
With en-suite shower room/WC.
BEDROOM 9 (Family) 3.66m x 3.6m
Steps down to en-suite bathroom/WC.
BEDROOM 8 (Twin) 3.68m x 2.67m
With en-suite bathroom/WC.
BEDROOM 7 (Single) 1.96m x 2.67m
With en-suite bathroom/WC.
OUTSIDE
The property is approached off a private road and each property owner owns the section of road immediately in front of their own building. In recent years the owner of Avoncourt approached each owner that owns a section of the road and successfully persuaded them to re-surface the access road. The Avoncourt benefits from parking for 10 vehicles on a gravelled forecourt and in front either side of the through road.
To the front of the property on the right there is a level patio/tea garden area with picnic benches. This area has been used in the past for serving cream teas. To the side of the property a pathway leads to the rear where the fire exit route is located and beyond this there is an enclosed courtyard with open steps leading to the higher tiered garden area where there are flower beds and a pathway with arched bench seat. The pathway meanders along the top boundary with a further gravel patio area. The access to the garden is via the kitchen and therefore has (truncated)
VAT
We understand that our client has not opted to charge VAT on the sale price. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£7,300 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
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.
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