Springside,  Mullacott  Road,    Woolacombe,  Devon  EX34  7HF    Guide  Price:    £625,000  freehold    7  bedroomed  Country  Bed  &  Breakfast  with  holiday  chalet  in  grounds      Permission  for  5  caravan  pitches      Grounds  of  around  1.5  acres    Short  drive  to  Woolacombe  Bay  with  its  award  winning  beaches      Great  business  potential    Suit  variety  of  purposes  (subject  to  necessary  consent)      Ref:    DW590        

Situation  Springside   is   a   spacious   country   bed  &   breakfast   proposition   occupying   a   good  trading  position  on  the  main  approach  road  to  the  coastal  resort  of  Woolacombe  Bay   with   its   award   winning   beaches.     Very   popular   in   the   summer   months,  Woolacombe  is  North  Devon’s  busiest  resort  along  with  neighbouring  Croyde.        The  Premises  The  Country  House  consists  of  7  bedrooms  used  as  part  owners  and  part   letting  accommodation.    There  is  an  east  wing  of  the  property  on  the  ground  floor  which  has  3  double  bedrooms,  all  with  en-­‐suite  facilities.    These  premises  would  easily  convert   in  to  a  self-­‐contained  unit  suitable  for  further   income  or  use  by  second-­‐generation  parents/relatives.    On   the   first   floor   there   are   a   further  4  bedrooms  with  three  having  en-­‐suites  and  there   is  a  separate  bathroom  and  WC.    There   is  extensive  ground  floor  living  accommodation  with  a  30’  lounge  area  with  feature  stone  built  working  fireplace  and  small  bar  area.    The  lounge  extends  and  includes  a  dance  floor  area  with  sliding  doors  leading  out  onto  the  rear  garden.    There  is  a  27’   dining   room   which   again   has   sliding   doors   out   onto   the   rear   garden   and  interconnects   directly   into   the   22’   x   16’   kitchen   which   has   plenty   of   cupboard  space  and  appliances.    There  is  a  private  owner’s  sitting  room,  utility  room,  office  and  shower  room/WC  completing  the  accommodation.      The   property   is   approached   via   a   tarmac   driveway   which   provides   off   road  parking   for   several   vehicles   and   is   well   screened   from   the   road.     The   chalet   is  located  on  the  right  hand  side  of  the  property  whilst  to  the  left  there  is  a  51’  x  20’  wooden  barn  with  light  and  power  and  a  paved  area  in  front.    There  is  a  24’  x  7’  chicken   coup   and   a   lawned   wide   side   garden   where   historically   a   caravan   was  kept  with  a  water  supply  and  a  shower  and  toilet  house.    The  property  enjoys  far  reaching  views  over  the  surrounding  farmland  towards  the  distant  Atlantic  Ocean.    Internal  details  Room   Feet/Inches   Metres  Entrance  Hall   8’3  x  7’4   2.51  x  2.24  Lounge   30’10  x  15’3   9.4  x  4.65  Bar  Area   5’  x  4’9   1.52  x  1.45  Dining  Room   27’  x  14’7   8.23  x  4.45  Kitchen   22’6  x  16’4   6.86  x  4.98  Owners  Sitting  Room   13’10  x  10’3   4.22  x  1.98  Utility  Room   12’6  x  9’1   3.8  x  2.77  

Office   13’10  x  6’6   4.17  x  1.98  Shower  Room/WC   7’2  x  3’0   2.18  x  0.91  Inner  Hall   22’6  x  5’0   6.86  x  1.52        Bedroom  1    (Ensuite)   12’10  x  9’3   3.91  x  2.82  Bedroom  2    (Ensuite)   12’10  x  9’5   3.91  x  2.87  Bedroom  3    (Ensuite)   12’10  x  9’9   3.91  x  2.97  Bedroom  4    (Ensuite)   17’10  x  9’0   5.44  x  2.74  Bedroom  5    (Ensuite)   16’9  x  14’2   5.10  x  4.32  Bedroom  6    (Ensuite)   13’2  x  10’8   4.01  x  3.25  Bedroom  7    (Ensuite)   12’7  x  12’3   3.84  x  3.73  Separate  WC      Bathroom      Kitchen      Shower  Room/WC        Outside  Adjacent  to  the  property  is  a  holiday  chalet  which  has  been  successfully  let  in  the  past   and   comprises   a   lounge   and   kitchen   area,   double   bedroom   and   shower  room/WC.    The  chalet  has  a  small  courtyard  area  in  front.    There  is  a  1  acre  level  field  that  has  planning  consent  for  5  caravan  pitches  and  has   3   water   supply   taps   and   a   chemical   closet   emptying   point.     The   field   is  screened   from   the   road   by   a   mature   hedge   and   backs   onto   neighbouring  farmland.     Many   of   the   enquiries   for   the   caravan   pitches   come   through  membership  of  the  Caravan  Club.    The  Business  The  current  owners  have  been  in  residence  for  over  34  years  and  had  established  a  thriving  business  popular  with  visitors  and  a  regular  meeting  place  for  functions  and  parties  with  many  of  the  local  clubs  and  associations  throughout  the  region.    More   recently   the   business   has   been   scaled   right   down   due   to   retirement   but  everything   is   in  place  to  re-­‐establish   it   to  former  glory.    Current  B&B  rate   is  £32  per   person  per   night   and   touring   caravans  only   £5  per   night.    We   consider   this  tariff  to  be  very  low.          

Potential  This   is   a   very   interesting   property   offering   a   variety   of   money-­‐making  opportunities  from  the  holiday  industry.  It  occupies  a  high  profile  trading  position  on   the   main   route   into   Woolacombe.   Potential   includes   touring  caravans/camping,  self-­‐catering,  B&B,  tea  rooms  and  gardens,  country  restaurant,  development  of  the  barn  etc.  Alternatively  for  those  looking  to  take  things  a  little  easier,  it  presents  itself  as  a  perfect  home  and  income  proposition.        Trading  Information    Our  clients  have  been  in  residence  for  over  30  years  during  which  time  they  have  operated   this   7   bedroom   country   residence   as   an   easily   managed,   family  operated  business,  trading  at  busy  levels   in  the  past  but  now  just  “ticking  over”.  They  are   retiring,  hence   them  not  wishing   to  push   the  business  beyond  “repeat  trade”  and  casual  “off  the  road”  custom.  As  a  guide  the  business  is  run  on  a  very  casual   basis   with   turnover   of   only   around   £3,500pa   currently.     Clearly   there   is  very  good  potential  to  develop.      Finance  An   early   discussion   about   financing   business   purchase   can   often   save   time   and  disappointment.     Please   call   us   and  we  will   put   you   in   touch  with   independent  specialist  advisors  who  can  provide  general  and  without  prejudice  advice.      Location    Springside   is   just   1   ½   miles   from   the   main   A361   and   holds   an   ideal   position  perfect   for   ‘passing   trade’.     There   are   very   few   near   neighbours   but  Woolacombe’s  village  centre  is  approximately  2  miles  away  and  the  coastal  town  of   Ilfracombe   is   a   similar   distance.     Other   nearby   facilities   includes   local   golf  courses  at  Willingcott  Valley,  which   is   just  1  mile  away,   Ilfracombe  and   the  well  known  courses  at  Saunton  Sands.    There  are  many  close  picturesque  walks  over  the   rugged   coastline.     Barnstaple,   North   Devon’s   main   trading   centre   is  approximately  13  miles  away  and  has  many  of  the  big  name  shops,  a  rail  link,  and  direct  access  onto  the  North  Devon  Link  Road  which  joins  the  M5  at  junction  27.        Directions  

On   the  A361   from  Barnstaple   at   the  Mullacott   Cross   roundabout   take   the   right  hand   exit   sign   post   Woolacome   andf   Mortehoe.     Continue   along   this   road   for  approximately   1   ½  miles   passing   the   Golf   Driving   Range   and   Springside   will   be  found  shortly  after  on  the  left  hand  side.    Services  Mains  electricity  and  water  Private  septic  tank  drainage.        Viewing  No  direct  approach   is   to  be  made  to   the  business.    For  an  appointment   to  view  please  contact  Dean  Warmington  on  01271  378731  or  07971  830881    Email:     dean@underwoodwarmington.com  Website:   www.underwoodwarmington.com      Important  Notice  These  particulars  are   for  guidance  only.  They  are  prepared  and   issued   in  good   faith  and  are   intended   to   give   a   fair   description  of   the  property   but   do  not   constitute   part   of   an  offer  or  contract.  Any   description   of   information   given   should   not   be   relied   upon   as   a   statement   of  representation  of   fact  or   that   the  property  or   its  services  are   in  good  condition.  Neither  Underwood   Warmington   (nor   its   Joint   Agents)   not   any   of   their   employees   has   any  authority   to or   give   any   representation   or   warranty   whatsoever   in   relation   to   the  property.  The   photographs   show   only   certain   parts   and   aspect   of   the   property   at   the   time   they  were  taken.  Any  areas,  measurements  or  distances  given  are  approximate  only.  Any  reference  to  alterations  to,  or  use  of,  any  part  of  the  property  is  not  a  statement  that  any  necessary  planning,  Building  Regulations  or  other  consent  has  been  obtained.  These  matters  must  be  verified  by  an  intending  purchaser.