Avoncourt Lodge, 6 Torrs Walk Avenue, Ilfracombe, Devon, EX34 8AU

Avoncourt Lodge is a detached purpose-built guest house constructed in the 1960s. The business trades as a bed and breakfast attracting predominantly leisure guests visiting the area for its range of tourist activities and stunning coastline. The property includes a small honesty bar for guest use and a dining room which currently only serves breakfast. The business is well regarded which is reflected in its 4.5* rating on TripAdvisor and 9.1 out of 10 rating on Booking.com.

The business is run by an individual owner operating the business to suit their lifestyle. Retirement is the primary reason for the sale. The business trades well and is already profitable, although there is scope for a new owner to increase the revenues and profits by creating additional guest letting accommodation through repurposing the unused staff bedroom or the underutilised guest bar or by adding alternative dining options.

Avoncourt Lodge is located in an elevated position on a private road which is part of the Southwest Coastal Pathway. It overlooks the picturesque and historic small harbour town of Ilfracombe, which offers a range of amenities and is a popular tourist destination. Ilfracombe is located on the stunning North Devon coast, featuring beautiful scenery and spectacular landscapes. The town is easily accessible by car via the A361, which connects to junction 27 of the M5. The closest train station is Barnstaple, and the nearest international airports are Exeter and Bristol.

• Reception hallway
• Lounge bar with seating for circa 20 guests
• Guest lounge with seating for circa 8-10 guests
• Breakfast room with seating for circa 18 guests
• Office
• Laundry room
• Kitchen

All standard fixtures and fittings are included in the sale, making the property fully operational as a Bed and Breakfast on completion. Certain personal items such as the owner’s art and book collections are not included in the sale.

On the ground floor is a double bedroom which has historically been occupied by a member of staff or previously by owners’ family. The bedroom currently has access to a bathroom off the main hallway, but it would be possible with some reconfiguration works to create an ensuite.

The property includes 10 ensuite letting bedrooms comprising:
• 6 Double bedrooms
• 1 Double plus Single bedroom
• 1 Twin bedroom
• 2 Single bedrooms

Three of the front facing bedrooms include private balconies.

To the front of the property is a private parking area with space for up to 10 vehicles alongside a front garden with patio area and guest seating. To the rear of the property is a private enclosed courtyard with steps leading to a higher tiered terrace area, providing the back bedrooms with garden views.

The owner’s accommodation is located at the back of the building and arranged over two floors. On the ground floor there is a lounge with doors to the rear courtyard and on the first floor a double bedroom and bathroom.

The business is run by a single owner operator, assisted by a housekeeper and breakfast chef. The business would perfectly suit an owner operator partnership who could take on these employed roles and benefit from the associated cost savings.

Trading accounts for the 31 March 2023 year end show net sales of £133,364 and a healthy net profit.

Rateable value with effect from April 2023 £7,300. Thanks to the low rateable value the business benefits from 100% small business rates relief.

Premises Licence.