For SaleHotel in Landkey Road, Barnstaple, Devon£1,650,000

Landkey Road, Barnstaple, Devon

Hotel for sale
£1,650,000
Property Type
Hotel
Tenure
Freehold
Price
£1,650,000

Key Features

  • Period detached residence
  • Set in mature grounds
  • On the outskirts of Barnstaple
  • Close to a golf club
  • Home & income opportunity
  • Range of barns
  • Main residence & adjoining cottage

Description

LOCATION Set back from the main road standing proud within private mature gardens this is an elegant period residence located on the fringe of the popular ancient market town of Barnstaple. The property overlooks Portmore Golf Club and is between the village of Landkey and the southern approach into the town. In this part of Barnstaple are Newport Community School Primary Academy and Park Community School which are both well respected centres of education as well as St John's Garden Centre. Hidden in the hills is this a 10 bedroom manor sleeping 31, nestled into the greenery and just a three-iron from the greens of Portmore Golf Club. Barnstaple has a population of around 35,000 inhabitants and is the main commercial hub of North Devon serving a rural hinterland of about 130,000 inhabitants. There are excellent road links via the North Devon Link Road to Junction 27 of the M5 Motorway which is about 45 minutes' drive away and the town has a regional Tarka Railway line that connects to the National Network at Exeter. Alternatively, you can drive to Tiverton Parkway Railway line to connect to London. The area is well known for its dramatic coastline with surfing beaches at Croyde, Saunton, Woolacombe and Westward Ho! as well as easy access to Exmoor National Park. THE PROPERTY Grandly nestled amongst about 1.5 acres is this fine detached Grade II Listed house, this period residence has been lovingly and tastefully upgraded and renovated by the current owner to provide a large holiday let to families renting the entire 10 bedroom residence plus the adjoining 4 bedroom, 2 bathroom cottage which can provide private accommodation whilst the main house is let. The house is furnished in period furniture and equipment in keeping with its age and the grounds have been well maintained. Within the curtilage is a driveway, garage, a games room with pool table and TV, for big games and big nights in. Within the grounds is a nine person hot tub. To the rear of the main residence is further private parking within a walled courtyard and to the west the house overlooks private lawns which are surrounded by mature high hedges and shrubs. Arranged in a series of external rooms, the gardens have won an award or two in Barnstaple in Bloom. THE BUSINESS This is an opulent 10 bedroom retreat with a cinema room, a large outdoor hot tub and a barbecue hut all set within rural North Devon. Operating as a holiday home for large families the entire property is let throughout the year providing a lucrative income. Details of the turnover can be made available to seriously interested parties who have inspected the property with the permission of the owner. The manor house will accommodate around 24 guests whilst the adjoining cottage can host another 7 residents. One guest remarked "This is a beautiful, rambling Victorian house and garden with stunning views and rooms. The gardens and hot tub were an especially welcome addition". Another said "Just returned from a fabulous weekend at this wonderful house in a superb location that had everything we needed". UTILITIES AND SERVICES: All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk RATEABLE VALUE    £8,100 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. 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. LEGAL ADVICE We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated. PLANNING It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer's responsibility.

Landkey Road, Barnstaple, Devon on Map