Charles Darrow is delighted to announce the instruction of The Parks Guest House, Minehead, a long-established and highly regarded guest house, offered to the market with a guide price of £575,000.
Occupying an attractive elevated position on the eastern approach to Minehead, The Parks Guest House represents a rare opportunity to acquire a successful lifestyle business within one of Somerset’s most popular coastal destinations. Offered for sale due to the genuine retirement of the current owners, the freehold property combines an established hospitality business with spacious owner’s accommodation and considerable flexibility for future use.
Dating from around 1850, the attractive Grade II Listed property has been sympathetically improved by the current owners and today offers six high-quality en-suite letting bedrooms, a substantial two-bedroom owner’s apartment and a self-contained annexe, providing a variety of options for owner-occupiers, investors or those seeking a multi-generational family home.
Trading on a bed and breakfast basis, the business has built an excellent reputation over many years and has been recognised with the VisitEngland 4-Star Guest Accommodation Silver Award. Whilst the current owners now operate on a more lifestyle-focused basis, opening seasonally between April and October, the business provides an incoming purchaser with clear opportunities to increase occupancy and trading should they wish.
Situated just a short walk from Minehead’s town centre, seafront and beach, the property is perfectly positioned to benefit from the town’s thriving visitor economy. As the gateway to Exmoor National Park and the starting point of the South West Coast Path, Minehead continues to attract walkers, holidaymakers and tourists throughout much of the year.
Jon Clyne, Director at Charles Darrow, commented:
“The Parks Guest House presents an excellent opportunity for purchasers seeking a lifestyle business with established income and considerable flexibility. Whether continuing the successful guest house operation, expanding the accommodation offering or adapting the property to suit individual requirements, it offers an attractive proposition in one of Somerset’s most desirable coastal locations. The Parks Guest House is offered as a genuine retirement sale and is available as a going concern, with fixtures, fittings and goodwill included, subject to inventory”.
Charles Darrow continues to seek similar instructions throughout Devon, Cornwall, Somerset and Dorset, with an extensive database of qualified purchasers actively searching for guest houses, hotels, pubs and other hospitality businesses across the South West.
For further information or to arrange a confidential viewing, contact Charles Darrow on 01626 330022 or visit www.charlesdarrow.co.uk.