springside,mullacottroad,!! … · springside,mullacottroad,!! woolacombe,!devon!ex34!7hf!!...
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Springside, Mullacott Road, Woolacombe, Devon EX34 7HF Guide Price: £625,000 freehold 7 bedroomed Country Bed & Breakfast with holiday chalet in grounds Permission for 5 caravan pitches Grounds of around 1.5 acres Short drive to Woolacombe Bay with its award winning beaches Great business potential Suit variety of purposes (subject to necessary consent) Ref: DW590
Situation Springside is a spacious country bed & breakfast proposition occupying a good trading position on the main approach road to the coastal resort of Woolacombe Bay with its award winning beaches. Very popular in the summer months, Woolacombe is North Devon’s busiest resort along with neighbouring Croyde. The Premises The Country House consists of 7 bedrooms used as part owners and part letting accommodation. There is an east wing of the property on the ground floor which has 3 double bedrooms, all with en-‐suite facilities. These premises would easily convert in to a self-‐contained unit suitable for further income or use by second-‐generation parents/relatives. On the first floor there are a further 4 bedrooms with three having en-‐suites and there is a separate bathroom and WC. There is extensive ground floor living accommodation with a 30’ lounge area with feature stone built working fireplace and small bar area. The lounge extends and includes a dance floor area with sliding doors leading out onto the rear garden. There is a 27’ dining room which again has sliding doors out onto the rear garden and interconnects directly into the 22’ x 16’ kitchen which has plenty of cupboard space and appliances. There is a private owner’s sitting room, utility room, office and shower room/WC completing the accommodation. The property is approached via a tarmac driveway which provides off road parking for several vehicles and is well screened from the road. The chalet is located on the right hand side of the property whilst to the left there is a 51’ x 20’ wooden barn with light and power and a paved area in front. There is a 24’ x 7’ chicken coup and a lawned wide side garden where historically a caravan was kept with a water supply and a shower and toilet house. The property enjoys far reaching views over the surrounding farmland towards the distant Atlantic Ocean. Internal details Room Feet/Inches Metres Entrance Hall 8’3 x 7’4 2.51 x 2.24 Lounge 30’10 x 15’3 9.4 x 4.65 Bar Area 5’ x 4’9 1.52 x 1.45 Dining Room 27’ x 14’7 8.23 x 4.45 Kitchen 22’6 x 16’4 6.86 x 4.98 Owners Sitting Room 13’10 x 10’3 4.22 x 1.98 Utility Room 12’6 x 9’1 3.8 x 2.77
Office 13’10 x 6’6 4.17 x 1.98 Shower Room/WC 7’2 x 3’0 2.18 x 0.91 Inner Hall 22’6 x 5’0 6.86 x 1.52 Bedroom 1 (Ensuite) 12’10 x 9’3 3.91 x 2.82 Bedroom 2 (Ensuite) 12’10 x 9’5 3.91 x 2.87 Bedroom 3 (Ensuite) 12’10 x 9’9 3.91 x 2.97 Bedroom 4 (Ensuite) 17’10 x 9’0 5.44 x 2.74 Bedroom 5 (Ensuite) 16’9 x 14’2 5.10 x 4.32 Bedroom 6 (Ensuite) 13’2 x 10’8 4.01 x 3.25 Bedroom 7 (Ensuite) 12’7 x 12’3 3.84 x 3.73 Separate WC Bathroom Kitchen Shower Room/WC Outside Adjacent to the property is a holiday chalet which has been successfully let in the past and comprises a lounge and kitchen area, double bedroom and shower room/WC. The chalet has a small courtyard area in front. There is a 1 acre level field that has planning consent for 5 caravan pitches and has 3 water supply taps and a chemical closet emptying point. The field is screened from the road by a mature hedge and backs onto neighbouring farmland. Many of the enquiries for the caravan pitches come through membership of the Caravan Club. The Business The current owners have been in residence for over 34 years and had established a thriving business popular with visitors and a regular meeting place for functions and parties with many of the local clubs and associations throughout the region. More recently the business has been scaled right down due to retirement but everything is in place to re-‐establish it to former glory. Current B&B rate is £32 per person per night and touring caravans only £5 per night. We consider this tariff to be very low.
Potential This is a very interesting property offering a variety of money-‐making opportunities from the holiday industry. It occupies a high profile trading position on the main route into Woolacombe. Potential includes touring caravans/camping, self-‐catering, B&B, tea rooms and gardens, country restaurant, development of the barn etc. Alternatively for those looking to take things a little easier, it presents itself as a perfect home and income proposition. Trading Information Our clients have been in residence for over 30 years during which time they have operated this 7 bedroom country residence as an easily managed, family operated business, trading at busy levels in the past but now just “ticking over”. They are retiring, hence them not wishing to push the business beyond “repeat trade” and casual “off the road” custom. As a guide the business is run on a very casual basis with turnover of only around £3,500pa currently. Clearly there is very good potential to develop. Finance An early discussion about financing business purchase can often save time and disappointment. Please call us and we will put you in touch with independent specialist advisors who can provide general and without prejudice advice. Location Springside is just 1 ½ miles from the main A361 and holds an ideal position perfect for ‘passing trade’. There are very few near neighbours but Woolacombe’s village centre is approximately 2 miles away and the coastal town of Ilfracombe is a similar distance. Other nearby facilities includes local golf courses at Willingcott Valley, which is just 1 mile away, Ilfracombe and the well known courses at Saunton Sands. There are many close picturesque walks over the rugged coastline. Barnstaple, North Devon’s main trading centre is approximately 13 miles away and has many of the big name shops, a rail link, and direct access onto the North Devon Link Road which joins the M5 at junction 27. Directions
On the A361 from Barnstaple at the Mullacott Cross roundabout take the right hand exit sign post Woolacome andf Mortehoe. Continue along this road for approximately 1 ½ miles passing the Golf Driving Range and Springside will be found shortly after on the left hand side. Services Mains electricity and water Private septic tank drainage. Viewing No direct approach is to be made to the business. For an appointment to view please contact Dean Warmington on 01271 378731 or 07971 830881 Email: [email protected] Website: www.underwoodwarmington.com Important Notice These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract. Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to or give any representation or warranty whatsoever in relation to the property. The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only. Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending purchaser.