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Victorian Detached Property with Rental Business in Torquay, Devon Up for Sale

Torquay, Devon
A magnificent home with income / holiday let business Photo 1
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A magnificent home with income / holiday let business
  • Status

    FOR SALE

  • Date Submitted:

    19/12/23

  • Advert ID

    604103

  • Reference

    VillaGarda / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,195,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A magnificent home with income holiday let business

A magnificent home with income or holiday rental business, situated in one of Torquay, Devon’s most desirable areas. This elegant Victorian detached property benefits from three apartments, one townhouse and the current owner's highly spacious one-bedroom apartment on the ground floor (easily extendable to three bedrooms or a ‘Granny Annex’) with doors leading out to the gardens. The lower ground floor features many large rooms, usable for additional accommodation or workshops. All this only minutes away from the town centre, beach and harbour. The property has beautiful wrap-around lawns and a substantial tarmacked car park. Income is constant, whether for long-term or holiday letting and the condition of the building is good throughout. 

Torquay is one of the UK's most popular holiday destinations, with good year-round trade. It is only a short distance from Dartmouth and equidistant to the cities of Plymouth and Exeter - with its international airport, mainline train station, and M5 motorway. Located in the lower Chelston area of Torquay, Devon, which is a quiet, leafy residential area conveniently located close to shops and amenities. Within minutes' walk are the main train and bus stations. Situated close to the seafront and a short walking distance to the picturesque Marina and Harbour of Torquay and a level walk along the esplanade, with lovely views over Torbay to Paignton and Brixham. Also within a short walk is the main shopping precinct, Princess Theatre, and the Riviera Convention Centre.

Villa Garda has been trading successfully for many years and enjoys a high level of repeat custom, much appreciated by visitors and locals alike. It is operated by a husband-and-wife team, but we the agents, feel that there is tremendous scope by utilising the internet further and focusing on advertising. Due to poor health & imminent retirement, the current owners trade for approximately nine months per year, not utilising all of the rental units. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION COMPRISES

All the apartments are decorated to a high standard. They all feature well-equipped kitchens and comfortable furnished lounges and bedrooms. The en-suite facilities are good, and all the bedrooms have quality beds, bedside tables, chests of drawers, and wardrobe facilities.

LETTING UNITS

FIRST FLOOR

APARTMENT 1

A one double bedroom apartment with a separate lounge/diner, kitchen, bathroom with shower, WC, and wash hand basin.

APARTMENT 2

A one double bedroom apartment with a separate lounge/diner, kitchen, bathroom with shower, WC, and wash hand basin

APARTMENT 3

A two double bedroom apartment, one of the bedrooms benefits from an en-suite, together with a separate lounge/diner, kitchen, bathroom with shower, WC, and wash hand basin (currently being renovated).

GROUND FLOOR

APARTMENT 4

A one double bedroom apartment with a separate lounge/diner, kitchen, bathroom with shower, WC, and wash hand basin.

TOWN HOUSE

This townhouse is over three floors with its front door and garden to the side.

GROUND FLOOR

Entering through a large front door to a spacious hallway with a cloakroom with WC and wash hand basin, turning staircase to the upper floors, and doors to:

KITCHEN / DINER

This room is both large and well-equipped with all the gadgets required for a holiday let or longer.

LOUNGE 1

A large room with a very substantial sofa and table and chairs for dining and a door to the garden.

FIRST FLOOR

BEDROOM 1

A twin room with two single beds.

BATHROOM

This room is very large and beautifully presented with a full-length bath, WC, wash hand basin, and the room is fully tiled throughout.

LOUNGE 2

Another large lounge with a comfortable sofa suite and a large wall-mounted TV.

SECOND FLOOR

BEDROOM 2

A twin room with two single beds with an en-suite comprising of a shower, low-level WC, and wash hand basin.

LINEN/CLEANING CUPBOARD

An ideal built-in room that can house all the linen, cleaning products, and vacuum cleaners for the townhouse.

BEDROOM 3

A large double room with a double bed, en-suite which comprises of a full-length bath, low-level WC, and wash hand basin.

OWNERS ACCOMMODATION

Entrance through a grand stained-glass large door to a:

GROUND FLOOR

VESTIBULE

2.60m x 1.94m

And glazed door to:

HALLWAY (L-Shaped)

A lovely welcoming space with doors to:

BEDROOM

5.14m x 4.24m

A large room with built-in wardrobes and a window to the front.

LINEN STORE

A built-in cupboard with ample space for all the linen, cleaning materials, and vacuum cleaners.

KITCHEN

5.41m x 4.47m

A well-equipped kitchen with a large island unit, comfortable seating, and a glazed door to the side gardens.

BATHROOM

A lovely size with a full-length bath with a shower over, WC, and wash hand basin.

LOUNGE / DINING ROOM

8.17m x 4.95m

A beautiful large room with many windows creating a light and bright feel. Because of its size, it easily accommodates a dining room area and a substantial lounge suite within the room.

LOWER GROUND FLOOR

ROOM 1

Games Room

4.60m x 3.84m

ROOM 2

Wine Cellar

4.90m x 4.34

ROOM 3

Workshop

4.60m x 3.84m

ROOM 4

Laundry

3.73m x 2.41m

Shower Room

OUTSIDE

The property is approached via a pillared stone entrance to a tarmacked parking area. The gardens extend around the property and are approximately 1 acre, mainly laid to lawn and with several seating and patio areas, enclosed by hedgerow and mature trees which provide good seclusion and privacy.

PARKING

Immediately to the front of the property is a car park for approximately 10/12 vehicles.

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor's private inventory will be included in this sale. A full inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES

Mains gas, electricity, water, broadband, and drainage are all connected. No testing of these

services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently, the property is fully exempt from business rates because of small business rates relief).

TENURE

Freehold

VIEWINGS

All viewings and enquiries are to be made through the agents, Ware Commercial.

TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com

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Contact the seller for more details, or book a viewing

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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