Parracombe, Barnstaple

Hotel for sale in Barnstaple

High quality hospitality business within Exmoor National Park
4 Luxuriously appointed en-suite letting bedrooms with the potential for an additional letting bedroom
Skittle alley which has potential for conversion to further en-suite rooms, subject to planning permission
Self-contained second floor 2 bedroom owner's apartment
Beer garden patio
15 Space car park
Successful pub, restaurant and guest house with an excellent reputation
Available fully furnished and equipped, subject to trade inventory

LOCATION
The Fox & Goose is situated in a busy location in the centre of the village of Parracombe, which is a rural settlement 4 miles (6 km) south-west of Lynton in North Devon.
It is set in the Heddon Valley on Exmoor having a population of around 300, a good school and community general store.
The village is just off the A39 and is the western entry to Exmoor National Park. Popular with tourists and locals alike there is a bus stop just outside the pub and is ideally located for walkers and hikers exploring the dramatic coast and wonderful hidden wooded river valleys.   

THE PROPERTY
The Fox and Goose is an imposing Victorian building, with contemporary, stylish interior.
This modern detached village inn has 4 luxuriously appointed en-suite letting bedrooms, each of which is individually decorated in beautiful Farrow and Ball colours.
To the ground floor of the property there are two bar areas, a fully equipped commercial kitchen, freezer room and gents and ladies cloakrooms.
To the second floor is a spacious self-contained 2 bedroom owner's apartment. There are two further rooms one on the ground floor and one on the first floor which could easily be transformed into two additional bedrooms. The property has oil fired radiator central heating throughout.   
Opposite the pub is a level 15 space car park and a single story attached building housing a skittle alley and store which could also be converted to several disabled bedroom suites, subject to any necessary planning consent.
The pub has a beer terrace/patio and adjoins The River Heddon running along the western edges of Exmoor, the river reaches the North Devon coast at Heddon's Mouth.   

THE BUSINESS
Under the expert ownership of a couple who have been at The Fox & Goose for 18 years, an enviable reputation has been established. The property presents a wonderful home and income opportunity, having an excellent reputation for food and operates as a Freehouse with 70% trade from food and room letting.
Good locally sourced ingredients are used on the extensive menu. The owner cooks, employs a chef as well as having 2 full time staff and 3 part time staff.   A double room is let at £125 per night for bed and breakfast.
The business is rated as Excellent, having a 5 star rating on Trip-Advisor; one recent review says it all: "Wonderful food, friendly local atmosphere, well recommended". The pub has a great deal of support from both tourists and locals in the area.
Turnover circa £245,690 per annum with an adjusted net profit of £110,245, this business is well worthy of your early consideration and has a great deal of potential.

GROUND FLOOR

Entrance Porch

Entrance Hallway 23'6" x 7'5" (7.16m x 2.26m).

Residents Lounge 17'9" x 12'9" (5.4m x 3.89m).

Public Bar 18'6" (5.64m) x 23'6" (7.16m) Intercommunicating door to inner bar area 12'5" (3.78m) x 18' (5.49m).

Gents Cloakroom 11'5" x 4'7" (3.48m x 1.4m).

Garden Room 11'3" x 13'4" (3.43m x 4.06m). With double doors to the beer garden patio.

Ladies Cloakroom

Freezer Room 12' x 8' (3.66m x 2.44m).

Commercial Kitchen 24'5" x 8'11" (7.44m x 2.72m). Comprehensively equipped, subject to trade inventory excluding any items of a personal nature. Door to small rear private courtyard.

Beer Cellar Lobby 9'7"x 6' (2.92mx 1.83m).

Main Cellar 9'7" x 11'10" (2.92m x 3.6m).

FIRST FLOOR

Cloakroom 8'5" x 6'7" (2.57m x 2m).

Office 12'8" (3.86m) x 11'7" (3.53m) plus bay window.

Letting Bedroom 1 (DOUBLE) 14'6" x 10'3" (4.42m x 3.12m).

Lounge Area 10'1" x 6' (3.07m x 1.83m).

En-Suite Shower Room/WC 8'4" x 7'5" (2.54m x 2.26m).

Letting Bedroom 2 (DOUBLE) 14'6" x 11'9" MAX (4.42m x 3.58m MAX).

En-Suite Shower Room/WC 7'2" x 8'5" (2.18m x 2.57m).

Letting Bedroom 3 (TWIN) 13' x 13' (3.96m x 3.96m).

En-Suite Shower Room/WC 5'11" x 13' (1.8m x 3.96m).

Letting Bedroom 4 (SUPERKING) 13'7" x 13' (4.14m x 3.96m).

En-Suite Shower Room/WC 10'6" x 4'7" (3.2m x 1.4m).

SECOND FLOOR PRIVATE APARTMENT

Inner Landing    With two built in cupboards.

Bedroom 1 (DOUBLE) 17'3" x 11'7" (5.26m x 3.53m). With dormer window and skylight.

Lounge 20'3" x 21' (6.17m x 6.4m). With four built in cupboards.

Bedroom 2 (DOUBLE) 12'4" x 10'7" (3.76m x 3.23m).

Shower Room/WC 8'7" x 6'6" (2.62m x 1.98m).

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    £8,100 UBR, as of April 2023, 47.9p in the £. 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.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

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 www.webberscommercial.co.uk or call our office on 01271 347888.

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.
www.environment-agency.gov.uk
www.landregistry.gov.uk
www.gov.uk/green-deal-energy-saving-measures
www.homeoffice.gov.uk
www.ukradon.org
www.fensa.org.uk
www.nesltd.co.uk
http://list.english-heritage.org.uk

Important information

This is a Freehold property.

Property Ref: 55707_COM220106

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