| (REF: kbs 37382) Outstanding Seafront Hotel, Bar & Restaurant |
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| Seller Reference: |
kbs 37382 |
| B4S Reference: |
21983 |
| Asking Price: |
£1,300,000
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| Net Profit: |
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| Sales Revenue: |
£576,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Ilfracombe, Devon, United Kingdom |
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The business has been trading in Combe Martin in one form or other for approximately 400 years and has been in the hands of the present owners since 2000. This thriving business offers a trade split of 47% wet, 43% food and 10% accommodation with turnover projected to May 2011 £576,000 and GP 60%. There is good trade throughout the year, with winter coach tours and of course a significant summer uplift and is also very well supported by locals. The business also offers superb guest accommodation with 5 en-suite letting rooms, two apartments that each sleep up to 7 guests, two further 2 bed apartments with planning for conversion to self contained units to sell, functions room, skittle alley, 100 cover restaurant and bars. The owner’s 1 bedroom apartment is also spacious and very well presented. The sale presents a rare opportunity to acquire this thriving and well established business and viewing is strongly recommended.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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