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£1,700,000
Exford, Minehead, TA24
- 20 beds
£1,700,000
- 20 beds
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"Serving Exmoor by hoof, by foot, by wheel since 1592"
With a seven figure turnover and a meaningful profit, the sale of this Landmark property is brought about by the impending retirement of the proprietors after 34 years of successful trading. It is a distinctive period property of great character being three storeyed with a Virginia creeper clad front elevation.
In 2004 a major extension at the rear was added to provide a splendid Conference Room on the First Floor, new Kitchen on the Ground Floor and further Bedrooms added to bring it to 20 En-Suite Rooms, all of which are beautifully appointed. The Ground Floor includes a Main Bar of character with wood burning stove and exposed beams, the "Tom Faggus" Bar and Gallery and splendid Three Roomed Restaurant with two feature bay windows, covers for 60 and built-in Carvery, resident's Lounge again with woodburner, upgraded w/c facilities and large Commercial Kitchen and Ground Floor Bedrooms together with wine and beer cellars.
In addition, included in the sale, is the White Horse Lodge - a detached stone building bordered by the River Exe with car parking to the front. This includes 8 letting Bedrooms with two signatory rooms having access to a lovely side Garden bordered by the river. Overlooking the centre piece of the village - the green - the Owner's Cottage provides up to date and versatile 4 bedroom accommodation.
Externally, is an extensive beer garden with covers for 70 and ample car parking spaces.
THE BUSINESS ACCOMMODATION
Oozing character with exposed beams, a wealth of stonework and open fireplaces.
GROUND FLOOR
Lounge Bar
Restaurant
Snug / Resident's Lounge
Ladies & Gents W/C's
Commercial Kitchen
Ground Floor Bedroom
Conference Suite
Can accommodate up to 90 and with a central bar servery.
W/C Facilities
4 X En-Suite Double Bedrooms
3 X En-Suite Twin / Double Bedrooms
SECOND FLOOR
10 X En-Suite Double Bedrooms
3 X En-Suite Family / Double Bedrooms
Numerous Ancillary Rooms, Linen Stores, Storage Rooms And An Office
Bedrooms
The majority of the Bedrooms have either a courtyard or country views including the village green.
Owner's Accommodation
Comprises well presented, light and airy rooms with an adaptable layout and a lovely outlook to the rear over the village green. Built about 1970 it was originally utilised as a holiday cottage and has been considerably upgraded since by the owners.
Property Facts
23 Miles from Tiverton Parkway & M5
7 Miles Dulverton
10 Miles Minehead
17 Miles Lynton & Lynmouth
Eclectic Customer Base With Many Repeat Bookings
Trade Sales Split Is 50%. Food & Wet Sales & 50% Accommodation.
Net Turnover of ?1,248,301, OP of 72% and an EBITDA of ?243,753.
Loyal & Devoted Staff With Average Weekly Spend Of Circa ?7,000 Per Week.
Comprehensive Inventory Available.
Interested Parties Will Find The Business Website Well Worth Viewing - https://www.exmoor-whitehorse.co.uk/
Viewing Arrangements
Strictly By Appointment Through John Smale & Co 01271 342 000 or Andrew Levick 07766 831 785.
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£1,700,000
20 bed property for sale
Exford, Minehead, TA24
"Serving Exmoor by hoof, by foot, by wheel since 1592"
With a seven figure turnover and a meaningful profit, the sale of this Landmark property is brought about by the impending retirement of the proprietors after 34 years of successful trading. It is a distinctive period property of great character being three storeyed with a Virginia creeper clad front elevation.
In 2004 a major extension at the rear was added to provide a splendid Conference Room on the First Floor, new Kitchen on the Ground Floor and further Bedrooms added to bring it to 20 En-Suite Rooms, all of which are beautifully appointed. The Ground Floor includes a Main Bar of character with wood burning stove and exposed beams, the "Tom Faggus" Bar and Gallery and splendid Three Roomed Restaurant with two feature bay windows, covers for 60 and built-in Carvery, resident's Lounge again with woodburner, upgraded w/c facilities and large Commercial Kitchen and Ground Floor Bedrooms together with wine and beer cellars.
In addition, included in the sale, is the White Horse Lodge - a detached stone building bordered by the River Exe with car parking to the front. This includes 8 letting Bedrooms with two signatory rooms having access to a lovely side Garden bordered by the river. Overlooking the centre piece of the village - the green - the Owner's Cottage provides up to date and versatile 4 bedroom accommodation.
Externally, is an extensive beer garden with covers for 70 and ample car parking spaces.
THE BUSINESS ACCOMMODATION
Oozing character with exposed beams, a wealth of stonework and open fireplaces.
GROUND FLOOR
Lounge Bar
Restaurant
Snug / Resident's Lounge
Ladies & Gents W/C's
Commercial Kitchen
Ground Floor Bedroom
Conference Suite
Can accommodate up to 90 and with a central bar servery.
W/C Facilities
4 X En-Suite Double Bedrooms
3 X En-Suite Twin / Double Bedrooms
SECOND FLOOR
10 X En-Suite Double Bedrooms
3 X En-Suite Family / Double Bedrooms
Numerous Ancillary Rooms, Linen Stores, Storage Rooms And An Office
Bedrooms
The majority of the Bedrooms have either a courtyard or country views including the village green.
Owner's Accommodation
Comprises well presented, light and airy rooms with an adaptable layout and a lovely outlook to the rear over the village green. Built about 1970 it was originally utilised as a holiday cottage and has been considerably upgraded since by the owners.
Property Facts
23 Miles from Tiverton Parkway & M5
7 Miles Dulverton
10 Miles Minehead
17 Miles Lynton & Lynmouth
Eclectic Customer Base With Many Repeat Bookings
Trade Sales Split Is 50%. Food & Wet Sales & 50% Accommodation.
Net Turnover of ?1,248,301, OP of 72% and an EBITDA of ?243,753.
Loyal & Devoted Staff With Average Weekly Spend Of Circa ?7,000 Per Week.
Comprehensive Inventory Available.
Interested Parties Will Find The Business Website Well Worth Viewing - https://www.exmoor-whitehorse.co.uk/
Viewing Arrangements
Strictly By Appointment Through John Smale & Co 01271 342 000 or Andrew Levick 07766 831 785.