Asking price

£650,000

The Parks, Minehead, Somerset, TA24

Hotel for sale

Hotel

Key Features

  • Character 1850 Grade II Listed residence
  • Superb family home and income opportunity
  • Versatile accommodation
  • 8 Letting bedrooms
  • Private 2 bedroom, 2 bathroom apartment
  • Ideal as long established B&B or as flexible home for multi-generation family
  • May revert to private residence subject to P.P.
  • Services: All mains connected
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Tony Foster

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Property Description

LOCATION
This versatile property faces the eastern approach to Minehead on the lower slopes of North Hill, within just a few minutes’ walk of Minehead town centre which offers a host of amenities, a park, seafront and beach. Minehead is the start of the South West Coast Path attracting many walkers from all over the world. The town has excellent shopping facilities with Tesco, Morrison’s and Lidl supermarkets.
In addition, there are a host of small independent shops, restaurants and pubs. Minehead has a population of about 8,000 inhabitants which is boosted throughout the year with the influx of tourists. Within the resort is the West Somerset Steam Railway.

THE PROPERTY
Dating from around 1850 this is a fine Grade II Listed residence. Since taking occupation in 2016 the current owners have upgraded many of the en-suite bathroom facilities, refurbished the kitchen with bespoke Apollo Slab Tech acrylic resin surfaces, wall cupboards and a peninsular unit, installed a new central heating boiler and decorated many of the letting rooms most of which have secondary double glazing.
The establishment is now offered for sale as a going concern to include trade equipment subject to inventory, excluding those items of a personal nature.
The property has a 2 bedroom lower ground floor owner’s apartment.
There are 6 en-suite bedrooms within the main residence plus a single story self-contained annexe which could easily be converted into a granny annexe.
The Parks Guest House is ideal as a going concern or may revert back to a family home subject to change of use.

THE BUSINESS
Genuine retirement sale of this long-established guest house which is operated by a husband and wife team with takings of around £80,000 per annum operating on a bed and breakfast basis from April to October.
The guest house has several accolades including a Visit England 4-star guest accommodation - Silver Award & Breakfast Award.
The Parks Guest House provides a comfortable living, home and lifestyle.

Key Information

Tenure:

Freehold

VIEWING:

Strictly by appointment through the selling agents.

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