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North Devon

01271 321122

South Devon

01626 330022

Confidential
Exeter, Devon, EX1 1HS

Freehold

£1,500,000 Guide Price

File Number: CD-20095

Contact Photo

Jon Clyne
Director

T: 01626 330022
M: 07939 013203

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Summary

  • Prominent location on a main thoroughfare
  • Same ownership since 2007
  • 24 en-suite bedrooms & 1-bed owners' apartment
  • Charming residents lounge/breakfast room
  • Largely run under management
  • Planning permission for owner's bungalow
  • £327,000 Net T/O and £111,305 ANP
  • Plot size 0.33 acres with 20 vehicle spaces
  • May suit change of use (STPP)
  • NDA required for further information

Opportunity

A substantial hotel, over 3 storeys with a part painted render finish under a pitched roof with later extensions. The property has been sensitively refurbished and maintained during our client's period of ownership and trades from 24 en-suite letting bedrooms, charming ground floor trading rooms, numerous ancillary areas and 1-bedroom managers flat. Externally there are circa 20 vehicle spaces and planning permission to erect an owner's bungalow which will replace a derelict garage.