£1,850,000
Hotel for saleSidmouth, Devon EX10
Business
About this property
Landmark boutique hotel & restaurant, desirable and affluent coastal town of sidmouth, famous for its beaches and attractions with annual events taking place, ensuring the town remains a poplar place to visit and holiday, attracting visitors throughout the year. Highly visible and easily accessible, occupying unique valuable site of more than 1⁄2 acre, the likes of which rarely become available, with all amenities, to include the seafront, only a short walk away.
Historic property offering masses of character, the subject of continued investment over the years ensuring it is presented to the highest of standards. Offering up to 21 Letting Rooms, from singles doubles, superior, and family rooms, together with versatile owners/managers accommodation depending on requirements. Additional lounge, lounge bar, restaurant, kitchen and ancillary facilities. Lovely grounds, includes car park, terrace and lawns.
A popular destination hotel, established a substantial number of years, enjoying regular and returning trade with top reviews received, also undertaking some small functions. Proves a solid reliable profitable business, Income 2024 £494,922 ex Vat, Gross Profit £404,428 (82%), resulting in an impressive 6 figure Net Profit, only trading off 18 rooms, and only opening 10 months each year, offering considerable further opportunities for new owners.
Freehold £1,850,000 sav, Ref: H36502N
Historic property offering masses of character, the subject of continued investment over the years ensuring it is presented to the highest of standards. Offering up to 21 Letting Rooms, from singles doubles, superior, and family rooms, together with versatile owners/managers accommodation depending on requirements. Additional lounge, lounge bar, restaurant, kitchen and ancillary facilities. Lovely grounds, includes car park, terrace and lawns.
A popular destination hotel, established a substantial number of years, enjoying regular and returning trade with top reviews received, also undertaking some small functions. Proves a solid reliable profitable business, Income 2024 £494,922 ex Vat, Gross Profit £404,428 (82%), resulting in an impressive 6 figure Net Profit, only trading off 18 rooms, and only opening 10 months each year, offering considerable further opportunities for new owners.
Freehold £1,850,000 sav, Ref: H36502N
Mortgage calculator
Monthly repayment
£9,254 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}