A substantial hotel/public house (3,896 sq.ft., source EPC) with 3 guest bedrooms and 2 x 1 bedroom holiday cottages. Occupying a large plot of 0.66 acres. Freehold, development potential, vacant

Description/Location

The property is situated in the picturesque Taw Valley in North Devon and is considered a "landmark" in the region. It has well-appointed dining areas, and a pool room. To the first floor there is a large 2 bedroom owner's flat, and a further 3 x guest bedrooms (2 en-suite). Outside there is a detached barn conversion which is split into 2 x 1 bedroom holiday cottages. The property also features a beer garden with scenic views, and a large car park to the side.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold

Local Authority

Viewing

Charles Darrow Network Auctions on 01271 321122

Accommodation

Ground floor: Entrance hallway, male and female w.c's, 2 bar areas, 2 eating areas, commercial kitchen, cellars First floor: 2 bedroom owners accommodation comprising living room, kitchen, 2 bedrooms, bathroom, 3 further guest bedrooms (2 en-suite), bathroom Outside: 2 x 1 bedroom holiday cottages, substantial carpark to the side of the property, beer garden to the rear with views

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Legal documents

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.