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A Great Affordable Leasehold Business

Dolton, Devon

£45,000 Leasehold
The Rams Country HouseSouth StreetDoltonDevonEX19 8QSView Map

A beautifully presented country longhouse which has been successfully operated as a guest house with licensed bar and dining. Ideally located in the vibrant, chocolate-box village of Dolton, Devon. The leasehold property benefits from a large car park to front, al fresco garden area and double garage with outbuilding to rear, licensed bar and several dining areas. The letting accommodation is accessed via the business or by its own entrance and comprises of 9 x rooms, many of which would be classified as luxurious Suites. The owners’ accommodation could be 1 or 3 bedrooms and is highly flexible. An option to buy the freehold will be offered, minus the lease premium. Early viewings are highly recommended.

Dolton village is a highly sought-after affluent village which is situated in North Devon and benefits from an active local community. This sustainable village has a butcher, grocer shop, electrical retailer, primary school and two health centres and is surrounded by open countryside, with the coast and lovely beaches only approx. 13 miles away. Larger towns like Bideford and Barnstable are nearby and the Cathedral city of Exeter is within 45 min driving distance, with its M5 motorway, Paddington direct line and International airport.

 

The business has been successfully owner operated for many years, together with full and part time assistance. The owner is an accomplished chef and focuses on the dining, but we, the agents, feel that more time should be focused on the letting accommodation which generates a higher gross profit, without the long hours and higher wage costs. Whilst there are 9 letting rooms, only eight are being used due to owner’s choice.  Dependant on the new owner’s private circumstances, the bar opening hours could be reduced  to create a lovely, licensed café. Whilst the dining areas are extensive, this too could be scaled back to create additional owner’s accommodation. The current owners live off site and thus let all the accommodation. This leasehold sale comes with the option to buy the freehold, minus the lease purchase price. Actual trading accounts will be made available following successful formal viewing.

ACCOMMODATION COMPRISES

Entrance over a wide splayed car park with an imposing entrance and door to

VESTIBLE

A lovely welcoming space with staircase leading up to the letting accommodation and door into

MAIN BAR

6.37m x 4.48m

An atmospheric room which, not only is large, but subdivided into distinct areas with both dining, seating areas with large comfortable sofas, open fire with inset wood burner, free standing tables and chairs for approx. 17 covers, barstools, window seating and much more.

SNUGG

4.29m x 2.59m

A smaller area with tables and chairs for approx. 8 covers

BAR & COUNTER

The bar is bespoke fitted with timber front and top and comes with ample general storage shelving, epos register which links to the kitchen, comprehensive optic display, cappuccino machine and grinder, stainless steel sink, several refrigeration units.

HOTEL / RECEPTION COUNTER

With its own booking system.

DINING ROOM 1

5.02m x 4.52m

An attractive room with flagstone flooring, ornate fireplace with inset wood burner, timber ceiling, window seating and tables and chairs for approx. 22 covers.

DINING ROOM 2 (GREY ROOM )

5.51m x 4.95m

A lovely room with a large mirror, fireplace with inset wood burner, large window to front and separate door (not in use)

BEER CELLAR

4.40m x 1.79m

TOILETS

LADIES

With 2 x cubicles and separate hand wash area.

GENTS

With 2 x cubicles, 2 x urinals and separate hand wash area.

COMMERCIAL KITCHEN

5.33m x 2.65m

A comprehensively equipped kitchen

WASH-UP ROOM

2.92m x 2.83m

UTILITY

2.14m x 1.83m

An ideal space at the back of the kitchen and with a door to

STAFF TOILET
With WC and wash hand basin.

LETTING ACCOMMODTION

All rooms have recently been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV’s, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.

GROUND FLOOR

The Brightly Room

A family room with a double and single bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.

The Halsdon Room

A double room with a King-sized double bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to the front of the property.

1st FLOOR

The Lovistone Room

A family room with a double and single bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.

The Beaford Room

A twin room with two single beds. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.

The Stafford Room

A family room with a double and single bed. The en-suite comprises of a bath with a shower over, low level WC and wash hand basin. The bedroom has a window to front of the property.

The Merton Room

A single room with its own bathroom which comprises of shower, low level WC and wash hand basin. The bedroom has a window to front of the property. (this room is currently being used for storage)

BATHROOM

This bathroom is inly for Merton Room and comprises of a shower, WC and wash hand basin.

LINEN ROOM

A built-in linen room and housing all the cleaning products, tea & coffee,  vacuum cleaners and more.

The Northcotte Room

A double room with double bed. The en-suite comprises of a bath with shower over, low level WC and wash hand basin. The bedroom has a window to front of the property.

The Huish Room

A double room with double bed. The en-suite comprises of a bath with shower over, low level WC and wash hand basin. The bedroom has a window to front of the property.

The Cherubeer Room

A double room with double bed. The en-suite comprises of a bath with shower over, low level WC and wash hand basin. The bedroom has a window to front of the property.

OUTSIDE

To the front is a large car park and at the rear is a lovely garden space with mature shrubbery and plenty of terrace space for guest, dining and general recreational space.

PARKING

Immediately to the front of the property is a carpark for approx. 10 vehicle’s and additional plenty unrestricted in surrounding roads.

GARAGE

A double garage.

BARN / DOUBLE GARAGE

6.49m x 4.17m

This barn outbuilding is currently used for storage but could be used for a multitude of uses.

OWNERS ACCOMMODATION

This could be either one or three bedroom which is dependant on need. Also, one of the dining areas could be used to owners accommodation without affecting the business.

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES

LPG gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE

Leasehold

RENT

With a rent of £30,000 per year. This leasehold sale comes with the option to purchase the freehold at a pre-agreed price, minus the already paid lease premium.

VIEWINGS.

All viewings and enquiries are to be made through the agents, Ware Commercial.

TEL. 01803 328880 or 01392 462266 Email. [email protected]

www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.