Detached Grade II Listed Country Hotel/Bar/Restaurant with 10 en-Suite letting Rooms, plus a quaint 1 bedroom owners cottage and a 4 bedroom house, all with a car park, gardens and high profit 6 figure turnover. EPC Rated DLOCATIONThis fine country hotel is located in the West Devon village of Lifton approximately 4 miles from Launceston and 1 mile from the A30 trunk road connecting Devon to Cornwall. The village has a population of about 1,200 inhabitants and is often referred to as the gateway to Cornwall, within easy motoring distance of Exeter and Truro therefore an ideal centre for exploring the South West.THE PROPERTYThe property is a 2* Grade II listed building with much inherent character including gothic style windows and an arch studded timber door with strap hinges to the main reception. The ground floor provides the main public rooms which include a Restaurant/Conference room, cosy and attractive bar, inner bar and further bar area also commercial kitchens and preparation room. Also on the ground floor there are the main ladies and gentleman's cloakrooms, a small office and a ground floor En-suite letting bedroom. To the first floor there are 9 character en-suite letting bedrooms which are all offered comprehensively equipped and furnished subject to trade inventory. Alongside the main hotel is a self-contained 4 bedroom residence previously used as a private family home but now utilized for letting purposes. In addition our clients have converted a barn to the rear paved courtyard which now provides a one bedroom owners/managers cottage. The property is set back overlooking its own car park and stone split level beer gardens and to the private house there is a private garden laid to lawn with a productive vegetable plot, garden shed and green house. The property benefits from oil fired central heating.THE BUSINESSOur clients have been in occupation for the last 7 years and have established an excellent catering business which is highly successful and has been awarded a "Certificate of Excellence 2014" on Trip Advisor. The trade combines 1/3 from the restaurant, 1/3 from the bar and 1/3 from the letting accommodation. The business opens throughout the year and is operated by the 2 proprietors with 12 full and part-time staff if and when required. Our clients will give full assistance to an incoming purchaser. We understand the turnover is approximately 366,547 per annum (Year end Feb 2014) and accounts will be made available to those seriously interested parties who have inspected the premises. The accommodation briefly comprisesMAIN HOTELRECEPTION HALLWAY 16'10" x 15'1" (5.13m x 4.6m). With main reception desk, Sweeping staircase, high ceilings and chandelier. Access toMAIN RESTAURANT/CONFERENCE ROOM 28'8" x 25'3" (8.74m x 7.7m). Being L-Shaped at the narrow point Measuring 15'9". With radiators and triple aspect windows. Interconnecting doorway toINNER HALLWAY Full access to reception, rear bar servery andPREPARATION ROOM 10' x 8'1" (3.05m x 2.46m). With two intercommunicating doorways to commercial kitchen andOFFICE/WALK IN COLD ROOM 12' x 12'6" (3.66m x 3.8m).MAIN COMMERCIAL KITCHEN 16' x 12'11" (4.88m x 3.94m). Comprehensively equipped with full range of cooking facilities including double drainer sink unit. Intercommunicating door toINNER HALLWAY L-Shaped. Access to reception, cellar andREAR BAR SERVERY 7' x 9'6" (2.13m x 2.9m). Access to inner hallway andCELLAR 7' X 9' (2.13m X 2.74m). Access door to the outside.MAIN COSY BAR 20'1" x 14'11" (6.12m x 4.55m). With stone faced bar servery, range of seating and Fireplace. Access door from the outside. Access toSECOND BAR 12'4" x 14'11" (3.76m x 4.55m). Corner fireplace with log burning stove. Access to rear hallway and interconnecting door toTHIRD BAR AREA 19'9" x 13'10" (6.02m x 4.22m). Bay window. With intercommunicating door to Inner hallway andREAR HALLWAY Access to cloakrooms, store room Fine & Country Launceston e-mail: launceston@fineandcountry.com telephone: 1,566,771,919 Ref: 6AE4CF7DCAE9
Other Details:
Number of Bedrooms: 15 Number of Bathrooms: 5
Price: 925,000.00 GBP
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