Large Holiday Let - Former Hotel - Bideford

Ref
1824
£1,700,000
(OIRO)

51.033616821381, -4.204572271936

Call 01237 424053 for more information

Download Details Print Ask A Question
Share this property

Impressive 10 Bedroomed Riverside Property with Formal Gardens - Former Hotel Currently Operated as a Large Holiday Let

  • 10 en suite letting bedrooms, many with riverside views and balconies
  • New kitchen / diner renovation in 2021 with additional snug diner and children’s lounge
  • Many period features including stained glass windows, bay window, ceiling roses, fireplaces, timber wainscotting
  • Former Hotel / B&B, suitable for a wide variety of uses including private residence subject to planning permission
  • Well maintained formal grounds overlooking River Torridge, with 8 seater garden pod with heating and electric
  • Available as going concern holiday let

THE ACCOMMODATION (comprises)

 

GROUND FLOOR

Tiled entrance porch with feature original stained glass door into open hall with reception desk.  The lounge provides twin aspect with wood burner, former hotel bar, pool table, two bay windows and patio doors leading to the side terrace.  The former restaurant was renovated in 2021 to create a large feature kitchen / diner with river views.  It provides modern space with underfloor heating, central island, twin larder fridges and twin range ovens.  Adjoining the kitchen / diner is a children’s lounge and a separate snug dining area with bespoke fitted table and seating.  The former commercial kitchen is still in situ and could be utilised for further living space, cinema room etc.  Other areas at ground floor include dry store, laundry room, utility room, ladies and gents toilets.

 

FIRST FLOOR AND SECOND FLOORS

10 en suite bedrooms, all suitable as double / twin rooms with many having riverside or garden views and 3 having river facing balconies.  All furnishings are included throughout the property including the bedrooms.

 

OUTSIDE

The property is approached from a private driveway with the entrance bringing guests past the front of the property, overlooking the gardens, to the side car park.  The gentle sloping gardens provide a mixture of mature trees and shrubs with lawned garden, gravelled pathways and pond with feature bridge.  Siting in an elevated position at the top of the formal gardens is an 8 seater garden pod with heating and electric.  To the rear of the property is further a lawned area with an abundance of wild flowers.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.

Important Notice

JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:

  1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
  2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
  3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
  4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

Property Misdescriptions Act 1993

  1. All measurements are approximate.
  2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
  3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

Viewing

By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: [email protected]

LOCATION

Located on the banks of the river Torridge, on the edge of the village of Northam, the historic town of Bideford is just one mile south.  The property also provides easy access to the A39 North Devon Link Road for those wishing to explore the local area and its wide variety of attractions from walking on Exmoor, to beaches, golf courses and shoots.

THE PROPERTY AND CONSTRUCTION

Set within approximately 1 acre of its own grounds and formal gardens, the property was originally constructed in the Victorian era as a gentleman’s residence overlooking the river Torridge, and it retains many of the original period features.  In more recent times the property has been utilised as a Country House style hotel as well as a Bed and Breakfast and could do so again, subject to planning permission.  Currently the property has consent for holiday letting, granted in April 2020 (planning application number 1/0117/2020/FUL).  In 2021 the former hotel dining room and staff quarters were renovated and converted to a feature kitchen / diner with adjoining snug dining area and children’s lounge.  The former hotel bar was converted to a large lounge with wood burner and patio doors leading to a side terrace seating area, whilst also still retaining the original bar servery.  The 10 en-suite bedrooms are located on the first and second floors of this substantial three storey premises, with many having riverside or garden views and / or balconies.  Many period features remain throughout the property including stained glass windows, original doors, ceiling coving, cornicing and roses, fireplaces, dado rails and timber wainscotting.  The majority of the grounds are to the front of the hotel and comprise of formal gardens, majority laid to lawn as well as a pond, feature bridge and an elevated garden pod with both garden and riverside views.  The glazed pod has seating for 8 as well as heating and electric. 

THE PROPOSAL

Our clients are inviting offers for the Freehold interest. 

THE BUSINESS

Having previously been a hotel and B&B the property is now operated as a large holiday let with turnover for yearend 2021 being £150,000 gross (May-Jan), with plenty of advanced bookings already received 2022 is expected to show a turnover of nearer £200,000 gross.  The currents owners let through a self catering marketing and booking agency.

THE INVENTORY

The property is sold with an inventory of trade fixtures, fittings and equipment.

ENERGY PERFORMANCE CERTIFICATE

Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.