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Reference H7806

Hotel for sale in Salcombe

Hotel for sale in Salcombe
Buy a Hotel in Salcombe Sell a Hotel in Salcombe

Location

Sought after village location, SOUTH DEVON

Features

Most Attractive Detached Licensed Hotel

This most attractive property is at present not trading, however, in our opinion has terrific potential for development.

We understand the premises have a Full On Licence

DETACHED PROPERTY with Full Gas Fired Central Heating

Car Park for 6 cars plus large paved patio area

Ground floor entrance to BAR with woodstrip floor. The bar has a double door glass fronted counter fridge, ice maker, glasswasher.

Small Residents area with 2 sofas

Restaurant area - split level, woodstrip floor. Tables and chairs providing seating for 30 persons.

Quality adjoining conservatory with ceramic tiled floor. Tables and chairs providing seating for a further 24 persons.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Commercial kitchen with non-slip floor. The equipment includes 6-burner gas cooker, stainless steel extractor with stainless steel cladding to walls (cooking area), upright glass fronted fridge, upright stainless steel fridge, 2 upright fridges, 1 counter fridge, chest deep freeze, turbo fan assisted electric oven, 1 glass fronted electric oven etc.

LETTING ACCOMMODATION

Ground floor
Double Bedroom with en suite shower room with shower, w.c. and wash hand basin
In addition there is a further room on the ground floor which does require some attention, however, could readily be utilised as a further double bedroom with en suite shower room

First floor
Bedroom 2 - double bedroom with en suite shower room with shower, w.c. and wash hand basin
Bedroom 3 - family bedroom comprising 1 double plus 1 single bed, en suite shower room with shower, w.c. and wash hand basin
Bedroom 4 - twin bedroom with en suite shower room with shower, w.c. and wash hand basin
Bedroom 5 - double bedroom with en suite shower room with shower, w.c. and wash hand basin
Bedroom 6 - twin bedroom with en suite shower room with shower, w.c. and wash hand basin
Bedroom 7 - double bedroom with en suite shower room, shower, w.c. and wash hand basin

From the first floor there are stairs to a SPACIOUS APARTMENT, in our opinion ideal for a manager or owner, comprising:

Double Bedroom with wardrobe
Landing area
Tiled shower room with shower, w.c. and wash hand basin
Large Lounge with adjoining fitted kitchen including sink and drainer, 4-burner electric hob, fitted cupboards

All the bedrooms are fully carpeted and fully furnished to a high standard

Turnover

The property was until April, 2011 let out under a 3 year lease which was not renewed on expiry. For the current season the vendor is running the Hotel as an exclusive use House Party Venue through his business www.classiccountryhouses.com using the name Marlborough House. Classiccountry houses.com are happy to continue marketing the property under a commission arrangement should the purchaser be interested in continuing this relationship.

Price

TO INCLUDE THE NEW LEASE, FIXTURES, FITTINGS & FURNISHINGS 40,500 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, FIXTURES, FITTINGS & FURNISHINGS 595,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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