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15 January 2018 | Hotels

Somerset harbourside hotel on the market

​Specialist business property adviser, Christie & Co has been instructed to sell the leasehold of Millers at the Anchor in Minehead, Somerset.

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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.  The hotel is believed to have been trading for over 200 years and forms part of the local Porlock Manor Estate. This attractive three storey detached building  benefits from an exceptional waterside location, boasting 14 en suite letting bedrooms, extensive public areas, a private two bedroom stone built cottage and an additional manager’s apartment. 

Stephen Champion, Senior Agent at Christie & Co’s Exeter office who is handling the sale comments; “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.” 

Christie & Co is marketing the leasehold of Millers at the Anchor off a guide price of £150,000 with a rent of £18,000 per annum.