The leasehold of Millers at the Anchor in Minehead, Somerset is up for sale through Christie & Co, off a guide price of £150k, with a rent of £18k per annum.
The hotel is believed to have been trading for over 200 years and forms part of the local Porlock Manor Estate.
Millers at the Anchor is situated in the picturesque coastal village of Porlock Weir on the edge of Exmoor which is well known for its 15th century harbour and long pebble beach.
This attractive three-storey hotel benefits from an exceptional waterside location, boasting 14 en-suite bedrooms, extensive public areas, a private two-bed stone built cottage and an additional manager’s apartment.
Stephen Champion, Senior Agent at Christie & Co’s Exeter office who is handling the sale commented, “Leasehold hotel opportunities like this are few and far between – this is one not to be missed! This excellent hotel offers an experienced operator the potential take advantage of the exceptional waterside location and build upon the strong reputation created by the current owners.”
