Property for sale in Exford, Exmoor National Park, Minehead, Somerset TA24

Just added
£799,950
Interested in this property? Call +44 1643 238420 * or Request Details

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Property for sale

Tenure:
Leasehold
Time remaining on lease:
0 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not yet known - A band has not yet been confirmed.

Utilities and more details

Property features

  • Country house hotel
  • Exmoor inn/hotel/restaurant
  • 16 En-suite letting bedrooms plus staff rooms
  • Detached 3 bedroom owners cottage
  • Bar, reception & restaurant
  • Large guest lounge
  • Extensive commercial kitchen
  • L-Shaped stable block
  • Takings circa £600,000 per annum
  • For sale as a going concern

Property description

Location
Overlooking the village green at Exford which is on the river Exe, at the heart of Exmoor National Park, with its attractive centre surrounded by shops, restaurants and hotels. There is a pretty stone bridge with three arches. It is a busy walking, fishing and equine centre. Nearby towns include Minehead (13 miles away) and Taunton (24 miles away).


The property


This is a 17th Century country house arranged as a 16 bedroom coaching inn with a wealth of character having around 3 acres of land, stables and a detached owners 3 bedroom cottage. The owners have installed a bio mass boiler for heating. All the letting bedrooms have en-suite facilities and there is a cosy bar downstairs which has a log burner, a welcoming reception area, a large residents lounge and restaurant area (part of which is utilised as a country fayre shop). The rest of the ground floor is completed with the office, a large commercial kitchen with stock room, chef's office and the freezer room. To the rear an inner hall provides access to both the ladies and gents public cloakrooms.


The business


The Crown Inn at Exford has a long established reputation with takings of around £600,000 from wet sales (one third) food sales (one third) and room sales (one third). Owned and operated by the same family since 2005 with up to 8 staff members and open all year round. Please note that in recent years the bar and restaurant has closed at lunchtimes through owners choice, but could easily be re-instated.


Tenure


Residue of 999 year lease granted in 23/06/1969 at a peppercorn rent of £1 per annum (Virtual Freehold). Contact Tony Foster of Webbers Comemercial for further information: <br/>

Ground Floor

Recessed Entrance Porch

Reception

10.3m22mMAX x 8.03m l-Shaped - With reception desk.

Guest Lounge (5.18m x 5.28m)

Shop (5.3m x 4.7m)

Dining Room (9.47m x 4.57m)

Office (2.44m x 2.44m)

Bar (8.97m x 7.92m)

With central stone faced dividing wall and open log burner.

Wine Store (4.04m x 2.26m)

Rear Inner Hallway

Gents Cloakroom

With 3 urinals, wash hand basin and cloakroom.

Ladies Cloakroom

With 3 separate cloakrooms and wash hand basin.

Beer Cellar (6.86m x 2.57m)

Door to outside.

6 Staff Rooms

Washing-Up Room (3.9m x 3.7m)

Commercial Kitchen (7.14m x 7.67m)

Fully equipped, subject to trade inventory excluding any personal items.

Chef's Office

Freezer Room (3.89m x 2.95m)

Dry Goods Stock Room (3.38m x 2.74m)

Rear Entrance Lobby (3.86m x 2.8m)

First Floor

Central Landing

Bedroom 1 (Double) (4.4m x 3.35m)

With en-suite bathroom/WC.

Bedroom 2 (King-Size) (4.32m x 4.93m)

With en-suite bathroom/WC.

Bedroom 3 (King-Size)

With en-suite facilities.

Bedroom 4

Private use.

Bedroom 5 (King-Size) (4.67m x 4.4m)

Plus en-suite shower room/WC 9'2" x 10'3"

Bedroom 7 (King-Size)

Rear Landing

Bedroom 12 (Double) (6.55m x 2.97m)

This measurement includes the en-suite bathroom/WC.

Bedroom 14 (Double) (5.5m x 2.97m)

This measurement includes the en-suite bathroom/WC.

Bedroom 15 (Twin) (4.45m x 3.66m)

Plus en-suite bathroom/WC 12' x 6'3"

Bedroom 16 (Double) (4.8m x 3.35m)

Plus en-suite bathroom/WC 11' x 7'

Far Rear Landing

Bedroom 17 (Twin) (4.78m x 3.35m)

Plus en-suite bathroom/WC 6'6" x 5'6"

Bedroom 18 (Double) (5.05m x 3.66m)

Includes the en-suite bathroom/WC.

Second Floor

Staff Room

Staff Bathroom

Bedroom 6 (Not In Use) (5.8m x 4.57m)

Bedroom 7 (Double)

Bedroom 8 (Double) (4.98m x 4.06m)

Measurement includes en-suite bathroom/WC.

Bedroom 9 (Double) (4.1m x 3.96m)

Plus en-suite bathroom/WC 8' x 5'3"

Bedroom 10 (Double) (4.27m x 4.01m)

Plus en-suite bathroom/WC 10' x 9'5"

Bedroom 11 (Double) (4.6m x 3.96m)

Plus en-suite bathroom/WC 9'9" x 5'5"

Detached Owners Cottage

Located to the rear of the car park. The owner’s cottage can only be used as an annexe providing staff or owners accommodation.

Open Plan Kitchen (3.96m x 3.25m)

Through Lounge (5.49m x 3.4m)

With patio doors to rear expansive paved patio.

Bedroom 1 (3.6m x 3.25m)

Dressing Room (2.29m x 3.25m)

Housing the oil fired boiler.

Bedroom 2 (3.78m x 2.67m)

Bedroom 3 (3.48m x 2.97m)

Shower Room/WC (4.4m x 1.52m)

Stable Block

L-Shaped

Outbuilding

With bio mass boiler.

Gardens

To the rear is a brook that meanders through lawned gardens with gravelled paths, a small hump back bridge, a small area of woodland and there is a 40 space car park.

Tenure

Residue of 999 year lease granted in 23/06/1969 at a peppercorn rent of £1 per annum (Virtual Freehold). Contact the office for further information.

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.

Rateable Value

£21,000 as of April 2023. 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.

Webbers Do Not Just Sell Houses

Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site or call our office on .

Want To Know More?

We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.








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Fine and Country - Minehead, TA24 on +44 1643 238420 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fine and Country - Minehead, and do not constitute property particulars. Please contact Fine and Country - Minehead for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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