Hotel for sale
Property description & features
- Tenure: Freehold
- Character 1850 Grade II Listed residence
- Superb family home and income opportunity
- Versatile accommodation
- 8 Letting bedrooms
- Private 2 bedroom, 2 bathroom apartment
- Ideal as long established B&B or as flexible home for multi-generation family
- May revert to private residence subject to P.P.
- Services: All mains connected
This versatile property faces the eastern approach to Minehead on the lower slopes of North Hill, within just a few minutes’ walk of Minehead town centre which offers a host of amenities, a park, seafront and beach. Minehead is the start of the South West Coast Path attracting many walkers from all over the world. The town has excellent shopping facilities with Tesco, Morrison’s and Lidl supermarkets.
In addition, there are a host of small independent shops, restaurants and pubs. Minehead has a population of about 8,000 inhabitants which is boosted throughout the year with the influx of tourists. Within the resort is the West Somerset Steam Railway.
THE PROPERTY
Dating from around 1850 this is a fine Grade II Listed residence. Since taking occupation in 2016 the current owners have upgraded many of the en-suite bathroom facilities, refurbished the kitchen with bespoke Apollo Slab Tech acrylic resin surfaces, wall cupboards and a peninsular unit, installed a new central heating boiler and decorated many of the letting rooms most of which have secondary double glazing.
The establishment is now offered for sale as a going concern to include trade equipment subject to inventory, excluding those items of a personal nature.
The property has a 2 bedroom lower ground floor owner’s apartment.
There are 6 en-suite bedrooms within the main residence plus a single story self-contained annexe which could easily be converted into a granny annexe.
The Parks Guest House is ideal as a going concern or may revert back to a family home subject to change of use.
THE BUSINESS
Genuine retirement sale of this long-established guest house which is operated by a husband and wife team with takings of around £80,000 per annum operating on a bed and breakfast basis from April to October.
The guest house has several accolades including a Visit England 4-star guest accommodation - Silver Award & Breakfast Award.
The Parks Guest House provides a comfortable living, home and lifestyle.
Rooms
Ground Floor
Hall
Breakfast Room 4.72m x 4.6m
Kitchen 4.3m x 4.1m
Fully equipped subject to trade inventory, excluding items of a personal nature.
Utility Room 4.75m x 1.37m
Reception 2.67m x 2.6m
Guest Lounge 4.04m x 3.28m
Private Lounge 4.42m x 4.32m
Ground Floor Annexe
Selworthy Family Suite Bedroom 1 (Double) 4.32m x 3.4m
Inner Hallway
Shower Room/WC
Selworthy Family Suite Bedroom 2 (Twin) 3.4m x 3.12m
Lower Ground Floor
Private Apartment
Hallway
Private Bedroom 1 4.7m x 3.1m
Office 3.5m x 2.06m
Private Bedroom 2 4.67m x 4.62m
Utility/Boiler Room 4.62m x 3.86m
Bathroom/WC 3.05m x 1.37m
With P-Shaped bath with electric shower over.
Shower Room/WC 3.18m x 2.36m
First Floor
Allerford Bedroom (Double) 3.33m x 4.06m
En-Suite Shower Room/WC 2.5m x 1.4m
Luccombe Bedroom (Superking/Twin) 5.64m x 3.18m
Access to front balcony.
En-Suite Shower Room/WC 2m x 1.4m
Woodcombe Bedroom (Superking/Twin) 4.27m x 4.27m
En-Suite Shower Room/WC 1.52m x 1.52m
Bossington Bedroom (Double) 4.1m x 3.23m
En-Suite Shower Room/WC 1.52m x 1.52m
Second Floor
Dunkery Bedroom (Twin) 5.64m x 2.62m
En-Suite Shower Room/WC 3.12m x 1.68m
Dunster Bedroom (Family 4) 4.37m x 4.67m
Entrance to roof space.
En-Suite Shower Room/WC 1.6m x 2.2m
OUTSIDE
Pleasant south facing lawned fore garden and side garden with mature shrubs, pathway from front to rear, smoking area patio with shed. Steps up to the car park with space for 6 vehicles plus unrestricted parking in the road outside.
To the rear of the property is a small private garden and yard with decking, a small greenhouse and summer house which would be an ideal office with some upgrading.
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
£7,800 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?
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Broadband availability and predicted speed: obtained from Ofcom on February 4, 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:
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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