Inn With 14 En Suite Letting Bedrooms In Dulverton For Sale

Business description

Bustling Inn with traditional Lounge & Bars. Centre of Dulverton which is the headquarters of the Exmoor National Park. Valuable private "Free of Tie" Lease - Internal Repairing Only! Reception with Lounge Area, Main Lounge Bar with Servery, Restaurant. Well Equipped Commercial Kitchen. 14 En Suite Bedrooms (1 used as staff accom). Excellent Private 1 Bed flat Flat (scope to extend). Extensive Trade Inventory. Turnover for year ending 31st March 2010 £273,001 ex VAT.

Property information

Property:

Leasehold

Location:

This charming period Hotel was built in 1822 and is in the centre of the delightful country town of Dulverton which is situated on the B3223, 12 miles north of Tiverton and Junction 27 of the M5. The North Somerset Coast, Dunster, Lynton, Taunton and Exeter are all within an hour’s drive. This is the heart of West Somerset and also close to the Devon borders. The headquarters of The Exmoor National Park are located in Dulverton with the Exmoor Visitors Centre which portrays and promotes the area including a wide range of country pursuits and sports. Dulverton, is a true Exmoor gem, it was mentioned in the Doomsday Book of 1086 and can trace its history back to Saxon times. It is a lively town of winding, medieval streets crammed with attractive buildings and interesting shops, galleries and inviting little cafe's and inns. It provided the setting for the film 'Land Girls'.

Dulverton has a long tradition of welcoming visitors throughout the ages and makes an ideal and interesting base from which to explore Exmoor which the Lion Hotel is ideally placed to exploit.

Premises details:

The Hotel occupies a prominent corner site in the town square and is built mainly of stone which is rendered and washed in white. The property was upgraded and modernised around 12 years ago whilst still retaining many period features and the general character of the building. The current owners have continued with a programme of investment which has recently included the redecoration and refurbishment of the main bar. A substantial year round trade has been established and the The Hotel is a popular meeting place for a cross section of the community, as well as an ideal base from which visitors may explore this beautiful part of the country. There are three trading areas and the option of reinstating a small public bar known as the “Tap” Room which has it’s own separate entrance. The trading areas are well furnished and smartly decorated with lots of bric a brac, old prints, and country pursuits memorabilia. The spacious letting rooms are also well furnished and maintained and enjoy a good level of occupancy.
The business is currently run by a hands on husband and wife partnership with a team of full and part time staff including a Head Chef. The property is independently owned and held on a private lease which is free of any drinks tie.

Other information

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