DERBYSHIRE - PEAK DISTRICT NATIONAL PARK 9 BEDROOM GUEST HOUSE

Buxton, Derbyshire

Ref: 45670

£725,000 Freehold

Key Features

  • Located in an historic Spa Town
  • 9 bedroom Victorian guest house
  • Ideal for residential conversion (STPP)
  • Well presented, south facing garden
  • Within walking distance to local amenities and attractions
  • Gross T/O £80,000 per annum
  • Precis

    Well presented 9 bedroom Guest House located in an historic Spa Town in Peak District National Park.

    Location

    Compton Guest House is located in the historic spa town of Buxton which is well-known for its natural thermal springs and stunning setting, 300 meters above sea level. The town is also renowned for its Georgian and Victorian architecture which is a consequence of the 5th Duke of Devonshire’s ambitions to create a spa town to rival Bath in the 18th century. Buxton is popular with tourists visiting Peak District National Park and offers plenty of things to do, including walking its network of public footpaths and trails and enjoying its wildlife tours. Poole's Cavern, Buxton Crescent and Buxton Opera House are notable points of interest.

    Buxton is well connected by road and within easy reach of the motorway. The A6 runs northbound to the city of Manchester, with the M56 close to Manchester Airport. Westbound from Birmingham, the M6 can be taken towards Stoke-on-Trent and Leek, turning off at Junction 15. The M11 motorway provides access to the East Midlands and the South of England. Various bus routes run from Buxton to neighbouring towns, as well as to Manchester, Derby and Sheffield. Buxton train station is situated less than 1 mile from the property and provides links to Manchester Piccadilly and London.

    Property

    TRADE AREAS
    From the MAIN ENTRANCE VESTIBULE to the right-hand side is the GUEST LOUNGE ROOM which features marble feature fireplace, carpeted floors, high ceilings and large bay windows. To the left-hand side of the main entrance is the DINING ROOM which has loose and fixed seating to accommodate 16 guests. To the rear of the main building is the COMMUNAL KITCHEN with tiled floors, fitted kitchen with a good selection of kitchen appliances and brick fireplace with log burner. A SMALL BATHROOM and STOREROOM are located off the main kitchen.

    FIRST FLOOR
    Comprising: FAMILY ROOM with EN SUITE BATHROOM, DOUBLE BEDROOM with EN SUITE BATHROOM and MASTER DOUBLE BEDROOM with EN SUITE BATHROOM.

    SECOND FLOOR
    Comprising: two DOUBLE ROOMS, DOUBLE ROOM with EN SUITE, COMMUNAL BATHROOM with shower, basin and WC and FAMILY ROOM.
    Most rooms benefit from open fireplaces, original high ceilings and retro décor.

    OWNERS ACCOMMODATION
    PRIVATE ENTRANCE to LOWER GROUND FLAT which features open plan BEDROOM, LOUNGE, KITCHENETTE and separate BATHROOM.

    EXTERNAL
    To the rear of the property is a GARAGE which is now spilt into a STUDIO APARTMENT with CONSERVATORY and separate BATHROOM. To the side of the property is a well presented, south facing GARDEN with PATIO and ASTROTURF. The property also features OFF ROAD PARKING for 3 vehicles. Well presented, SPILT LEVEL PATIO AREA to the front of the property leading to private lower ground flat and to garden area.

    The Business

    The business has been run by our client since 2015 and has undergone extensive refurbishment during this period. The property currently comprises three separate dwellings and is currently operated as a Guest House, although there is scope for conversion to a large family home (STPP).

    Our client advises that most of the business’s trade is via tourists visiting the Peak District National Park area. They are currently letting the whole property on a per night basis which achieves £750 per night. There is scope to charge on a per room basis (with prices ranging from £25.00 to £85.00). We are advised that the gross turnover for the last 5 years is in the region of £80,000 per annum; further accounts can be requested.

    Tenure

    FREEHOLD £725,000 to include fixtures and fittings and goodwill. Stock at valuation in addition.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    C1 class use.

    Services

    All mains services are connected. The property also benefits from CCTV and is fully alarmed.

    Local Authority: - High Peak Borough Council, Market Place, Buxton, SK19 6EL. Telephone: 0345 129 7777.

    Rateable Value £3,950.

    Enquire about this listing

    Dean McVay
    North West