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Guest house for sale
Property description & features
- Beautiful, Historic Building, Sympathetically Converted to Create a Versatile Property
- Very Well Established B&B/Hotel with Significant Net Profit
- 10 Superior En Suite Letting Bedrooms, all Individually Designed/Decorated
- Breakfast Room & Conservatory, Fully Equipped Kitchen & Guest Car Park
- Newly Renovated, Self Contained and Separate Bespoke Owner's Cottage
MAIN HOUSE
GROUND FLOOR
RECEPTION AREA
KITCHEN
UTILITY ROOM
OFFICE
BREAKFAST ROOM
GARDEN CONSERVATORY
1 SUBSTANTIAL BEDROOM
With en-suite shower room & private patio garden.
COTTAGE SUITE
Comprising 2 bedrooms with en-suite and kitchen/living area.
FIRST FLOOR
6 LETTING BEDROOMS WITH EN-SUITES
THE OLD SMITHY – OWNER'S ACCOMMODATION
ENTRANCE HALL
GROUND FLOOR LARGE BEDROOM
With many fitted high spec wardrobes and separate bathroom.
FIRST FLOOR OPEN PLAN KITCHEN & LIVING ROOM
With vaulted ceiling and bi-fold doors to balcony.
OUTSIDE
Detached building currently split into three including two double bedrooms with en-suite shower rooms and a substantial third suite with an en-suite bedroom and garden room/conservatory. This whole building could be converted to form one detached property (STP).A secluded and private south/southwest enclosed walled garden, with lawns, seating areas and filled with shrubs, fruit trees, a pond and useful green house. To the front is a private walled cobbled area providing private parking.
GENERAL INFORMATION
BUSINESS
The Old Forge is an extremely well established and successful business, which operates year round with a high percentage of repeat guest visits. The business is a great base for anyone exploring the beautiful South Hams with easy access to the Devon coastline, beaches, towns and Moor. The Old Forge is particularly popular with overseas visitors looking for a traditional British experience and stay. The business constantly achieves excellent reviews across all portal and digital media platforms and has a strong marketing presence, particularly as it is largely unopposed in the Totnes area.The property has been almost entirely renovated during our client's ownership including upgraded electrics, fire security system, kitchen equipment etc.Whilst the business is very successful, it is currently operated as a lifestyle operation and closes for between 3 and 4 months a year, therefore providing a huge opportunity to grow revenue further. In addition, there are two garden units that could be renovated and let, which would significantly boost income. The business is easily run by one owner, with some help from her partner and occasional assistance from one part time member of staff.Turnover on limited trading is exceptional, with a very strong abridged net profit. Further trading information will be provided to bone fide interested parties following a formal viewing.
SERVICES
We have been informed that the property is connected to mains water, electric, gas and sewage.
TENURE
Freehold.
RATEABLE VALUE
2023 List: £10,000. Please note this is not Rates Payable. 100% Small Business Rate Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority, South Hams District Council.
INVENTORY
To include furnishings and equipment as per an inventory to be supplied but excluding the owners personal effects.
STOCK
Wet and Dry stock in trade will be taken over by the purchaser at valuation on the day of completion.
EPC RATING C
COUNCIL TAX BAND A
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Council Tax Band: A
Tenure: Freehold
Property information from this agent
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Property reference 11553017. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths - Commercial.
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Broadband availability and predicted speed: obtained from Ofcom on March 22, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 22, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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