Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Prominent Detached Bed And Breakfast And Guest Accommodation For Lease

Princetown, Devon, UK
Asking Price:
£1
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

The property
The Railway is a substantial and prominent detached property which was converted from a public house into bed and breakfast guest accommodation around 10 years ago. The property occupies a prominent landmark position in the centre of the village of Princetown. Now closed, the property is being offered by way of a new lease with a negotiable term and rent proposals invited. Our client is also willing to consider alternative uses for the premises, subject to the necessary consents and permissions. The property currently comprises:- 11 Ensuite Bedrooms, Laundry Room, Former Kitchen, and Store Room. Externally, there is a large Car Park with space for around 20 cars, with a small Paddock Area/Garden beyond. There is also an enclosed Service Yard Area and Terrace directly to the rear of the property. Stonesmith are inviting initial "Expressions of Interest" to be submitted by Friday 22nd January 2021.

Situation
The Railway is situated in a prominent and prime trading position, opposite the flagship Dartmoor National Park Visitor Centre, in the heart of the famous and historic moorland village of Princetown. Dartmoor Prison, a major tourist attraction, is located within the village, which has over the years become one of the most visited tourist haunts in Devon, being particularly popular with coach tours and proven to be a valuable stop off point for lunches, refreshments and sightseeing. Princetown is situated on the B3212 Yelverton to Exeter road, at the junction with the B3357 Ashburton to Tavistock road, with the major south Devon city of Plymouth some 12 miles to the south. The village is surrounded by the rugged beauty of Dartmoor, which attracts over 6 million visitors each year. Princetown is an ideal centre for touring and also has its own well-established community supporting a number of businesses and its own primary school. It is probably most famous for Dartmoor Prison with its high boundary walls circling some 30 acres of buildings. The area is a magnet for day trippers and tourists throughout the year.

Internal details

Ground floor
Main Entrance door to front into Entrance Vestibule with door into Entrance Hall with stairs to first floor, part wood panelled walls, under stairs cupboard, linen cupboards and doors to Bedroom 6 a good-sized family bedroom suite on the ground floor with dual aspect to front and side, open plan seating/additional bedroom area and an Ensuite Shower Room with a modern white suite. Bedroom 8 a good-sized double bedroom on the ground floor with dual aspect to the front and an Ensuite Shower Room with a modern white suite. Bedroom 7 a good-sized double bedroom/family suite with aspect to the side and an Ensuite Bathroom with a modern white suite and a shower over the bath. Store Room. Former Kitchen Area with door to rear. Staff WC. Utility/Laundry Room. Boiler Room. General Store Room.

First floor
Bedroom 11 previously utilised as owner's living quarters with dual aspect to the front. A good-sized double room with seating area and an Ensuite Shower Room with a modern white suite. Bedroom 5 a good-sized double bedroom with dual aspect to the front and an Ensuite Shower Room with a modern white suite.

Bedroom 4 a double bedroom with aspect to the side and an Ensuite Bathroom with modern white suite and a shower over the bath. Bedroom 3 a double bedroom with aspect to the side and an Ensuite Bathroom with a modern white suite and a shower over the bath. Bedroom 2 a double bedroom with aspect to the side and an Ensuite Shower Room with a modern white suite. Bedroom 1 a double bedroom with aspect to the side and Ensuite Bathroom with a modern white suite and shower over the bath.

Annexe bedrooms
A separate independent entrance to the side of the property gives access to two further ground floor bedrooms. These rooms are completely self-contained and could therefore be reconfigured to provide owner's living accommodation, subject to the necessary consents. They briefly comprise:- Bedroom 9 a large double bedroom with aspect to the rear and an Ensuite Bathroom with a modern white suite and a shower over the bath. Bedroom 10 a large double bedroom with aspect to the side and an Ensuite Shower Room with a modern white suite. Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

External details
Directly to the rear of the property is an enclosed private Service Yard and Courtyard Area with a wooden Storage Shed and a lean to Wood Store area. Directly to the rear of the property is a paved patio Terrace beyond which is a Large Private Car Park with space for around 20 vehicles. Beyond the car park is a Paddock/Garden Area which has previously been used for camping.

EPC
C-73.

Rating
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website

Services
We are advised that all mains services are connected to the property. We are advised that mains gas is used for heating.

The opportunity
The Railway was previously a public house which was converted into bed and breakfast/letting accommodation around 10 years ago. The property is being offered to let on a nil premium, on a fully repairing and insuring commercial lease, the length, rent and terms of which are to be negotiated. All interested parties are invited to submit an initial "Expression of Interest".

Expressions of interest
Stonesmith are inviting "Expressions of Interest" to be submitted by Friday 22nd January 2021. Expressions of interest should include the following information:-

* Name, address and contact details.
* Proposed rental offer.
* Proposed length of term.
* Proposed use.
* Experience operating a business of the type proposed.
* Proposed timescales.
* Any other relevant supporting information.

For further information please contact Mike Phillips at Stonesmith, mike. or .

Viewings
Strictly by appointment with the vendors Sole Selling Agents.Tel: .Email:
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

The Railway was previously a public house which was converted into bed and breakfast/letting accommodation around 10 years ago. The property is being offered to let on a nil premium, on a fully repairing and insuring commercial lease, the length, rent and terms of which are to be negotiated. All interested parties are invited to submit an initial “Expression of Interest”.
Stonesmith are inviting “Expressions of Interest” to be submitted by Friday 22nd January 2021. Expressions of interest should include the following information:-

• Name, address and contact details.
• Proposed rental offer.
• Proposed length of term.
• Proposed use.
• Experience operating a business of the type proposed.
• Proposed timescales.
• Any other relevant supporting information.

For further information please contact Mike Phillips at Stonesmith

Location:

The Railway is situated in a prominent and prime trading position, opposite the flagship Dartmoor National Park Visitor Centre, in the heart of the famous and historic moorland village of Princetown. Dartmoor Prison, a major tourist attraction, is located within the village, which has over the years become one of the most visited tourist haunts in Devon, being particularly popular with coach tours and proven to be a valuable stop off point for lunches, refreshments and sightseeing. Princetown is situated on the B3212 Yelverton to Exeter road, at the junction with the B3357 Ashburton to Tavistock road, with the major south Devon city of Plymouth some 12 miles to the south. The village is surrounded by the rugged beauty of Dartmoor, which attracts over 6 million visitors each year. Princetown is an ideal centre for touring and also has its own well-established community supporting a number of businesses and its own primary school. It is probably most famous for Dartmoor Prison with its high boundary walls circling some 30 acres of buildings. The area is a magnet for day trippers and tourists throughout the year.

Premises Details:

The Railway is a substantial and prominent detached property which was converted from a public house into bed and breakfast guest accommodation around 10 years ago. The property occupies a prominent landmark position in the centre of the village of Princetown. Now closed, the property is being offered by way of a new lease with a negotiable term and rent proposals invited. Our client is also willing to consider alternative uses for the premises, subject to the necessary consents and permissions. The property currently comprises:- 11 Ensuite Bedrooms, Laundry Room, Former Kitchen, and Store Room. Externally, there is a large Car Park with space for around 20 cars, with a small Paddock Area/Garden beyond. There is also an enclosed Service Yard Area and Terrace directly to the rear of the property. Stonesmith are inviting initial “Expressions of Interest” to be submitted by Friday 22nd January 2021.

Contact Stonesmith

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here