Muddiford, Barnstaple EX31

Muddiford, Barnstaple EX31

10 Bedroom | Freehold | Holiday Complex | 17.7 acres (7.2 hectares)

Offers in excess of £1,150,000
Barnstaple Town Station 2.3 miles
Barnstaple 2.7 miles
Fire Station 1.9 miles

A former boutique hotel with potential to be converted into a large holiday letting business specialising in large group bookings, only 9 miles from the North Devon coastline. Extending in all to 17.7 acres.

A former boutique hotel with potential to be converted into a large holiday letting business specialising in large group bookings. Ideally located on the outskirts of Barnstaple within easy reach of the town centre within 3 miles and only 9 miles from the North Devon coastline.

The former hotel is located in a picturesque valley setting, with gardens that gently slope down to a stream. Once known as the Sculpture Gardens, the grounds are laid out as a nature trail. The property offers 7 en-suite bedrooms, with an adjoining, separately accessed, three-storey, 2-bedroom cottage.

In addition, within the grounds, is a self-contained 1-bedroom cabin. A studio outbuilding offers potential for redevelopment, subject to the necessary planning permissions. The gardens and grounds are an integral part of the offering and include a former tennis court and outdoor swimming pool. In total, the property extends to approximately 17.7 acres of gardens, grounds, and woodland leading down to the stream.


Location
Broomhill Estate is situated in an elevated position overlooking the woodland and is 3 miles from Barnstaple town centre and 9 miles from the coast.

The property has easy access to the North Devon coastline including the surfing beaches of Croyde, Saunton Sands and Woolacombe along with easy access onto Exmoor National Park, making it an ideal location to explore the North Devon coastline and Exmoor National Park.

The property benefits from easy access via the B3230, which connects to the A361/North Devon Link Road which is mostly dual carriageway to the M5 motorway at Junction 27, approximately 38 miles away. Additionally, Broomhill Estate benefits from access to the A39, known as the Atlantic Highway, providing convenient routes further into North Devon and along the North Cornwall coastline.

Barnstaple is the commercial centre of North Devon and offers a range of amenities including shopping, supermarkets, restaurants, public houses, a sports centre, theatre, cinema, pannier market and District Hospital.

The Tarka Trail, a cycling and walking route that starts in Braunton, is easily accessible from Barnstaple. The trail runs through the harbour town of Bideford and concludes in Meeth. Local tourist attractions include the fishing village of Clovelly, Instow and Appledore, situated along the Torridge Estuary. Hartland Point with its lighthouse and rugged coastline, which is featured in TV filming is located nearby. Additionally, The Big Sheep and The Milky Way adventure parks are conveniently located just off the A39.


Broomhill Estate
The former Broomhill Art Hotel is believed to date back to the early 1900’s and was themed with art in the rooms whilst the grounds were used as a sculpture garden. The property is in an elevated position with views over the wooded valley down to the stream. The hotel facilities included a bar, reception and a dining room to accommodate events and weddings with seating for 60 covers.

The accommodation provides 7 en-suite bedrooms which were refurbished in 2021. Adjoining the hotel is a self-contained, three storey 2-bedroom cottage which is interconnected into the main hotel.

The grounds are an integral part of the property and were previously used as a sculpture garden and extend to 17.7 acres including woodland with paths leading down to the ponds and stream.

There is potential for the site to be reinstated as a hotel or as a large holiday let.

The property was previously used as a licenced wedding venue, it also featured an outdoor swimming pool and tennis court which are now in need of refurbishment. The site has access into adjoining ancient woodland of approximately 75 acres which is in separate ownership but can be enjoyed by the owners and guests at the property.


The Business
Recently the current owners have received a positive response to a pre-application to build luxury cabins in the grounds and to convert the former hotel into holiday letting apartments with a spa. In addition, there is potential for a residential scheme for up to 9 new-build homes, subject to gaining the relevant planning consents.


Outside
The gardens are a unique selling point of the property due to its woodland setting and the paths that were set up for the sculpture gardens which leads down to the pond and stream at the bottom of the site.

The land extends to 17.7 acres and there is potential to build lodges within the grounds, subject to gaining the relevant planning consents.

Within the grounds is a studio building with ladies and gents toilet facilities which was externally accessed for the use of the sculpture gardens. The building has potential to be converted into an additional holiday letting cottage or into a restaurant/tearoom to the site, subject to gaining the relevant planning consents.

To the side of the hotel is a gravelled car park with parking for 8-12 vehicles.

Next to the hotel is a 1-bedroom single storey cabin which has the potential to be occupied by staff members if required.

In addition, a gravel car park at the bottom of the site with space for approximately 50-70 vehicles.

The property is accessed from the B3230 via an asphalt driveway which leads up to the property and services further residential properties to the rear.


Method of Sale
The property is offered by sale by private treaty as a whole, inclusive of trade inventory to include furnishings, equipment, fixtures and fittings within the property and in relation to the former business, excluding any personal items.

Tenure & Possession
The freehold interest is offered for sale with vacant possession available on completion.

Wayleaves, Easements & Rights of Way
The property is being sold subject to and with the benefit of all rights including: rights of way, whether public or private, light, sport, drainage, water and electricity supplies and other rights and obligations, easements and Quasi-easements and restrictive covenants and all existing proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not. It should be noted that there is a right of access over the driveway leading to further properties.

Services
Broomhill Estate is serviced by mains electricity, mains water and private drainage. The former hotel has oil-fired central heating.

Rateable Value
According to the Valuation Office, the premises has a rateable value of £30,000. Interested parties are advised to make their own enquiries.

Local Authority
North Devon Council
www.northdevon.gov.uk

Viewings
Viewings are strictly by appointment only with agents Carter Jonas.

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The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.

Key property details
Additional attributes
Holiday Complex
Property type
Country Estate
Tenure
Freehold
Total land
17.7 acres (7.2 hectares)
Carter Jonas reference
TAU250053

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