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Reference H7806

Hotel in Salcombe For Sale

Hotel in Salcombe For Sale
Buy a Hotel in Salcombe For Sale Sell a Hotel in Salcombe For Sale

Register to see map and to make an appointment Sought after village location, SOUTH DEVON SALCOMBE

Price 595,000

Features

Most Attractive Freehold Semi-detached Hotel

This most attractive hotel at present only operates as a room only business & in our opinion there is terrific potential to introduce food & beverage facilities, if desired.

The hotel does not currently have a licence, however we understand was previously licensed & in our opinion there is potential to re-apply for a Premises & Personal Licence, if desired.

SEMI-DETACHED PROPERTY with Full Gas Fired Central Heating

Car Park for 6 cars plus large paved patio area

Ground floor
Restaurant area plus conservatory dining area with tables & chairs for 27 persons. In addition there is a lounge area with 3 large 4 seater sofas. Sky television & lower level with a games room.

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
Bedroom No. 1 comprising a double bedroom with en suite shower room with shower, w.c. & wash hand basin & bedroom No. 8 which is a family room with 1 double & 1 single bed with en suite shower room with shower, w.c. & wash hand basin.

First floor
Bedroom 2 - triple room with double & single bed with en suite shower room with shower, w.c. and wash hand basin
Bedroom 3 - twin bedroom with en suite shower room with shower, w.c. & wash hand basin.
Bedroom 4 - twin bedroom with en suite shower room with shower, w.c. and wash hand basin
Bedroom 5 - triple bedroom with three single beds with en suite shower room with shower, w.c. & wash hand basin
Bedroom 6 - double bedroom with en suite shower room with shower, w.c. & wash hand basin
Bedroom 7 - triple with double & single beds 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

Trading Hours

At present operated on a room only basis, in our opinion offering terrific potential for development in the right hands, obviously to include catering

Outside

Large paved patio area with tables and chairs providing seating for 30 persons (can be increased), 3 large umbrellas with 3 electric heaters. We understand the umbrellas will cover the whole patio area.

Tarmaced car parking area for approximately 6 cars

Tenure

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED FULLY LICENSED HOTEL IN THIS MOST SOUGHT AFTER SOUTH DEVON LOCALITY.

Uniform Business Rates: 9,860 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES, FITTINGS & FURNISHINGS 575,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 416,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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