Impressive and well-appointed detached character guest house – exceptionally well presented throughout and offering a stunning business opportunity, Watermead Guest House, 83 High Street, Chard, Somerset TA20 1QT – Freehold: £799,950
Commercial property specialists Stonesmith, are delighted to be marketing the sale of the Watermead Guest House – an imposing and handsome detached property, originally built in 1875 as a Victorian gentleman’s residence. This extremely well appointed and well presented property retains classic features that you would expect from a period house of this style and quality, and has been well maintained and improved by our clients during their 23 years of ownership.
Watermead Guest House is an imposing and attractive bed and breakfast business occupying a prime town centre and main road trading position with visible signage. The historic town of Chard is currently undergoing a major regeneration scheme and lies in the corner of South Somerset, close to the borders of both Dorset and Devon and on the fringe of an Area of Outstanding Natural Beauty. Located around 14 miles from the popular coastal town of Lyme Regis to the South, and the county town of Taunton to the North, the property is readily accessible to a wide range of facilities and activities for guests to enjoy.
Successfully run as a guest house for over 40 years, the main property was substantially extended during the 70’s and 80’s to include the impressive family sized owner’s cottage style accommodation. This most profitable business currently offers 9 well appointed Letting Bedrooms (8 Ensuite, 1 with Private Facilities), Residents Lounge, Breakfast Room, Conservatory, Fully Equipped Kitchen and superior quality Self-Contained Owner’s Accommodation with 3 double bedrooms. Externally, the property is set well back from the main road with prominent signage. A driveway leads to a Private Car Park for 9 vehicles, with additional parking available adjacent to the house. Quadruple Garage with Store Area, attractive and extensive Rear Garden being fully enclosed and incorporating Lawned Areas, a Patio Area with a wooden Stable/Store, and a further wooden Storage Shed and lean-to Store.
Watermead Guest House is presented in excellent order throughout and currently trades as a quality and award-winning bed and breakfast. The business has its own website www.watermeadguesthouse.co.uk which provides further background information. This is an excellent opportunity to purchase an established and highly impressive bed and breakfast business, in an excellent trading location, which still offers tremendous potential to develop all aspects of the trade and property.
The freehold business is on the market for an asking price of £799,950. Full property details are available on the website: www.stonesmith.co.uk and viewings arranged by calling 01392 201262.