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11 bedroom house for sale
Lee Road, Lynton, Devon, EX35
£795,000
Lee Road, Lynton, Devon, EX35
£795,000
Our Summary
- This business has an income of £81,000 with high profit margins but has great potential to grow by opening up more guest rooms
- This is a personal choice of the current owners therefore the potential to generate a further income is tremendous
- We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage
Description
This detached family home is located in a central spot in Lynton, with stunning south-facing views towards the town and surrounding hills. The property has 11 bedrooms and 9 en-suite bathrooms, but the current owners only use 6 bedrooms for guest accommodation, providing a versatile room plan. The ground floor features a one-bedroom annexe, a large guest lounge, and a separate breakfast room, with a kitchen and pantry to the rear. The property has oil-fired central heating and is tastefully decorated throughout. The rear gardens are sloping, laid to lawn, and feature mature shrubs and trees. The property is available with no ongoing chain and has been a long-established guest house with an excellent reputation, generating an income of £81,000 with high profit margins. The business is run by a husband and wife team with no staff and has the potential to grow by opening up more guest rooms.