Flat for sale in Lynton EX35, 2 Bedroom

Live and work opportunity in a charming Exmoor National Park seaside village. This freehold premises with 2 bedroom flat & profitable lifestyle business offers a couple or family the chance to earn a comfortable income – and to live in the delightful Exmoor coastal village of Lynton.

Approach

From Cavendish Place, the Flat, Launderette and Laundry can be found just beyond the entrance to the Car Park.

The Flat

Front Patio Area

Accessed from Cavendish Place via a wooden picket fence and gate into a covered Front Patio Area. Concrete floor with space for planters, bins, bikes etc.

Step up to tiled patio with space for table and chairs. Wall-mounted key-box and letterbox. Half-glazed front door leads into

Entrance Hall

Laminate floor. Coat hooks. Central ceiling light. Boiler. Space for fridge/freezer, storage and shoe racks. Stairs with bannister and fully fitted carpet rise to small half landing, and rise to the first floor, opening into

Living Room

Sloping ceiling on both sides. Fitted carpet. Casement windows to the rear and to the side. Velux window with fitted blind to the front. Two radiators. Three ceiling spotlights. Thermostat. Arch leads into

Kitchen

Laminate floor. Velux window to the front. Electric oven with ceramic four-ring hob. Range of base and wall cupboards with worktops over. Space for a fridge. Stainless steel sink with drainer and chrome taps. Extractor fan. Ceiling light. Door to

Inner Hall

Fitted carpet. Ceiling spot light. Immersion heater switch. Loft hatch (loft not inspected). Radiator. Doors to Bathroom and Bedrooms 1 and 2.

Bathroom

Two ceiling spot lights. Velux window with fitted blinds. Ceramic tiled floor. Airing cupboard housing hot water tank. Space and plumbing for a washing machine. Low level flush WC. Panel-enclosed bath with mixer tap and shower attachment and tiled surround. Grab rail and shelf above. Pedestal wash basin with chrome taps and mirror and light above. Heated towel rail.

Bedroom 2

Casement windows to the rear. Fitted carpet. Single ceiling spot light. Radiator.

Bedroom 1

Sloping ceilings. Fitted carpet. Casement windows to both side and rear. Radiator. Three ceiling spot-lights.

The Laundry & Laundrette Business

Lynton Laundry and Lynton Launderette operate as separate businesses, each trading under the VAT threshold. The laundry is run by the owners, working a 35-hour week, Monday to Friday with the support of two members of staff. The launderette is not staffed and operates autonomously from 7.30am to 8.00pm seven days a week. The flat can be purchased with vacant possession for buyers who wish to live above the premises, or can be operated as an additional income stream, being currently occupied by a tenant paying rent.
Turnover of the joint businesses is around £100,000pa with scope to increase. Full P&L figures will be provided to interested buyers after an initial viewing of the premises.

The Launderette

Large window to the front and glazed front door. Stone tiled floor. Strip lighting. CCTV camera. Central table unit with shelf under. Five commercial tumble dryers. Six Primus washing machines; 1x16kg load, 3 x 10kg load, two x 7kg load. Vending machine for washing powder. Pay-station with wall-mounted instructions. Half-height door with small shelf on the top, leads to

The Laundry

Laundry Storage Area

Vinyl floor. Strip lights. Hanging area for dry cleaning etc. Safe for Launderette pay-station. Access to back of washing powder vending machine. Door to storage area housing boiler for the laundry and providing access to the drying machines for servicing. Floor to ceiling wooden slat shelving on one side. Range of cupboards and notice boards on the other. Opens into

Laundry Room

Vinyl floor. Commercial ironing presses. Fitted work surface running one length of the room with shelves above. One-and-a-half bowl stainless steel sink unit with drainer and chrome mixer tap and cupboards under. Vinyl splashback. Shelving units above. Half-glazed door to the front.

WC

Vinyl floor. Low level flush WC with shelves above. Double cupboard with pine louvre doors housing consumer unit.