High Street, Stogursey TA5

High Street, Stogursey TA5

24 Bedroom | Freehold | Secondary Accomodation | Holiday Complex

Guide price £1,250,000
St Mary Street Fire Station 2.1 miles
Cannington Bridge 4.1 miles

Profitable & established business with business trade located 3.5 miles from the sea at Stolford Beach and near to the Hinkley Point Power Station. Detached two storey former Coaching Inn divided into 10 studios, 2 1-bed apartments, 2 studio apartments plus 4 cottages.

BUSINESS
The Acland is located on the West Somerset coastline in the centre of the picturesque village of Stogursey. Previously The Acland was a village Public House and Hotel, the current owners undertook a substantial refurbishment of the property between 2004 to 2006. The current owners do not live on site and let out the whole property.

The Acland is divided up into various rooms and apartments as follows:
- 10 studios
- Two 1-bedroom apartments
- Two studio apartments
- Four self-contained cottages

The Acland is a successful business and it was renovated in 2006. The business saw an increase in trade from 2016 due to the continued high levels of demand for accommodation within the area for workers from the local Hinkley Point Power Station. Under current estimates the Hinkley Point C Power Station development is scheduled to continue until 2025 and thereafter further decommissioning of the Hinkley B station will secure continuing trade thereafter.

The property secured a gross turnover of £160,000 in the year ending March 2020. Further financial information will be made available to bona fide purchasers.


LOCATION
The Acland is located in the centre of the picturesque Somerset village of Stogursey opposite the Spar/Post Office. The village provides a primary school, village shop/newsagent, 10th century castle, St. Andrews Well, village hall, church and The Greyhound Inn. Located within easy reach of the Quantock Hills and Exmoor National Park. Cannington is 5 miles with further facilities and the town of Bridgwater is 11 miles away which gives access to J23 and J24 of the M5 motorway.


PROPERTY
The property provides a detached two storey former Coaching Inn of stone elevations to the front which has been refurbished and divided into 10 studios, 2 1-bed apartments, 2 studio apartments plus 4 self-contained cottages with two car parks laid to asphalt. Front car park has space for 18/20 vehicles and the rear car park is laid to asphalt and has space for 6/8 vehicles. Side gardens laid to lawn with mature trees and shrubs or seating for guests.

On the ground floor there are 4 studios which comprise of an open plan bedroom, kitchenette and an en-suite shower room. The former bar area is used for storage and could be re-opened for guests and the village with ladies and gents WC facilities if required.

At first floor there are two 1-bedroom apartments comprising a sitting room, kitchen, bedroom and shower room along with 6 studios, an additional bathroom and store. At second floor there are 2 studio apartments providing an open plan sitting room, dining room, kitchen area and bedroom with an en-suite shower room.

Within the basement there is a commercial laundry with 3 commercial washing machines and 2 tumble dryers plus an oil fired boiler which heats the whole property. In the basement there is a games room with a pool table plus a store. A section of the property has CCTV cameras in the communal areas and outside for security plus a fire alarm.


OUTSIDE
To the front of the property is an asphalt car park with space for 18/20 vehicles which runs up to the cottages for low maintenance. To the side of the property is a garden area for guests laid to lawn with mature shrubs and trees. Access from St. Andrews Road is a further asphalt car park for 6/8 vehicles which gives access into the guest gardens and the front car park.


COTTAGES
To the rear of the property are four two storey cottages of stone elevations with dormer windows at first floor. The cottages are all self-contained and have oil fired boilers and were converted from former stables.

Cottage 1:
Self-contained end of terrace two storey cottage providing on ground floor a hall, kitchen/dining room and cloakroom. At first floor a landing, 2 bedrooms and shower room.

Cottage 2:
Self-contained mid-terrace two storey cottage providing on ground floor a hall, kitchen/dining room and cloakroom. At first floor a landing, 2 bedrooms and shower room.

Cottage 3:
Self-contained mid-terrace two storey cottage providing on ground floor a hall, kitchen/dining room and cloakroom. At first floor a landing, 2 bedrooms and shower room.

Cottage 4:
Self-contained end of terrace two storey cottage providing on the ground floor a hall/utility room, kitchen and sitting room. At first floor a landing,
4 bedrooms (bedroom 1 with en-suite shower room) and bathroom.


METHOD OF SALE
Private treaty.

TENURE
Freehold.

The next steps...

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

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However with your bank maybe able to:

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Key Property Details
Additional attributes
Secondary Accomodation Holiday Complex Garden
Tenure
Freehold
Carter Jonas reference
TAU200100
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