Hotel for sale
Property description & features
- Tenure: Leasehold
- Country house hotel
- Exmoor inn/hotel/restaurant
- 16 En-suite letting bedrooms plus staff rooms
- Detached 3 bedroom owners cottage
- Bar, reception & restaurant
- Large guest lounge
- Extensive commercial kitchen
- L-Shaped stable block
- Takings circa £600,000 per annum
- For sale as a going concern
Overlooking the village green at Exford which is on the river Exe, at the heart of Exmoor National Park, with its attractive centre surrounded by shops, restaurants and hotels. There is a pretty stone bridge with three arches. 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.
TENURE
Residue of 999 year lease granted in 23/06/1969 at a peppercorn rent of £1 per annum (Virtual Freehold). Contact Tony Foster of Webbers Comemercial for further information:[use Contact Agent Button].
Rooms
Ground Floor
Recessed Entrance Porch
Reception
10.3m22mMAX x 8.03m L-Shaped - With reception desk.
Guest Lounge 5.18m x 5.28m
Shop 5.3m x 4.7m
Dining Room 9.47m x 4.57m
Office 2.44m x 2.44m
Bar 8.97m x 7.92m
With central stone faced dividing wall and open log burner.
Wine Store 4.04m x 2.26m
Rear Inner Hallway
Gents Cloakroom
With 3 urinals, wash hand basin and cloakroom.
Ladies Cloakroom
With 3 separate cloakrooms and wash hand basin.
Beer Cellar 6.86m x 2.57m
Door to outside.
6 Staff Rooms
Washing-Up Room 3.9m x 3.7m
Commercial Kitchen 7.14m x 7.67m
Fully equipped, subject to trade inventory excluding any personal items.
Chef's Office
Freezer Room 3.89m x 2.95m
Dry Goods Stock Room 3.38m x 2.74m
Rear Entrance Lobby 3.86m x 2.8m
First Floor
Central Landing
Bedroom 1 (Double) 4.4m x 3.35m
With en-suite bathroom/WC.
Bedroom 2 (King-Size) 4.32m x 4.93m
With en-suite bathroom/WC.
Bedroom 3 (King-Size)
With en-suite facilities.
Bedroom 4
Private use.
Bedroom 5 (King-Size) 4.67m x 4.4m
Plus en-suite shower room/WC 9'2" x 10'3"
Bedroom 7 (King-Size)
Rear Landing
Bedroom 12 (Double) 6.55m x 2.97m
This measurement includes the en-suite bathroom/WC.
Bedroom 14 (Double) 5.5m x 2.97m
This measurement includes the en-suite bathroom/WC.
Bedroom 15 (Twin) 4.45m x 3.66m
Plus en-suite bathroom/WC 12' x 6'3"
Bedroom 16 (Double) 4.8m x 3.35m
Plus en-suite bathroom/WC 11' x 7'
Far Rear Landing
Bedroom 17 (Twin) 4.78m x 3.35m
Plus en-suite bathroom/WC 6'6" x 5'6"
Bedroom 18 (Double) 5.05m x 3.66m
Includes the en-suite bathroom/WC.
Second Floor
Staff Room
Staff Bathroom
Bedroom 6 (Not in use) 5.8m x 4.57m
Bedroom 7 (Double)
Bedroom 8 (Double) 4.98m x 4.06m
Measurement includes en-suite bathroom/WC.
Bedroom 9 (Double) 4.1m x 3.96m
Plus en-suite bathroom/WC 8' x 5'3"
Bedroom 10 (Double) 4.27m x 4.01m
Plus en-suite bathroom/WC 10' x 9'5"
Bedroom 11 (Double) 4.6m x 3.96m
Plus en-suite bathroom/WC 9'9" x 5'5"
Detached Owners Cottage
Located to the rear of the car park. The owner’s cottage can only be used as an annexe providing staff or owners accommodation.
Open Plan Kitchen 3.96m x 3.25m
Through Lounge 5.49m x 3.4m
With patio doors to rear expansive paved patio.
Bedroom 1 3.6m x 3.25m
Dressing Room 2.29m x 3.25m
Housing the oil fired boiler.
Bedroom 2 3.78m x 2.67m
Bedroom 3 3.48m x 2.97m
Shower Room/WC 4.4m x 1.52m
Stable Block
L-Shaped
Outbuilding
With bio mass boiler.
Gardens
To the rear is a brook that meanders through lawned gardens with gravelled paths, a small hump back bridge, a small area of woodland and there is a 40 space car park.
TENURE
Residue of 999 year lease granted in 23/06/1969 at a peppercorn rent of £1 per annum (Virtual Freehold). Contact the office for further information.
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
£21,000 as of April 2023. 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.
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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