FOR SALE
08/04/24
609432
Marquis / Rightbiz
A former, large 44 bed en-suite hotel in a prime location for sale, overlooking the sea and within a stone’s throw of Torquay, Devon sea front. This substantial property benefits from large function capacity, gardens, large car park and is presented to an overall good standard. This four-storey building has been successfully owner operated for many years and is only now being placed onto the open market. It would suit a multitude of uses and because of the overall size of the land, it could easily accommodate a sizable extension. Early viewings are highly recommended.
Situated on Belgrave Road within the very heart of all year busy Torquay, Devon. This location takes advantage of the high influx of tourism coming into the Bay and is ideally positioned within a couple of minutes’ walk to the Town Centre, Harbour and Seafront. All local amenities are in the immediate vicinity together with easy access onto all main arterial roads linking Plymouth, Dartmouth, Brixham and the Cathedral city of Exeter with its international airport and M5 motorway connecting all parts of the UK. The local bus and train stations are also nearby making this location ideal for anybody wishing to use public transport.
For many years the property has been operating as a successful coaching hotel, together with private guests. There is a management apartment within the building which is occupied by the owner and due to of its level proximity to the harbour, beach and town centre, it has proved to be an ideal location for visiting guests. The good income figures are because of the strategic trading position on Belgrave Road together with quality accommodation, parking and lovely gardens. High-profile internet booking sites and website have resulted in an impressive turnover and profit trading approximately 10 months of the year only. Actual trading accounts will be made available following a successful formal viewing.
ACCOMMODATION COMPRISES
RECEPTION LEVEL
RECEPTION
A dedicated reception area for staff with an office for management to the rear of this area.
LOUNGE / FOYER
A large spacious area with many comfortable sofas, coffee tables and ample space for a approx. 150 people to congregate.
GENTS TOILET
LADIES TOILET
DISABLED TOILET
LOUNGE 2
Another large area with an array of sofas and coffee tables which leads into
BAR AREA
A bespoke bar with tables, chairs, dance floor leading to
DINING AREA / FUNCTION ROOM
A fantastic space which could easily accommodate large functions, dining for all hotel guests and visitors too.
PREP KITCHEN
A simple prep kitchen for breakfast and cleaning of crockery, cutlery and glassware.
GROUND FLOOR
KITCHEN
A large kitchen for the prep of all meals which is comprehensively equipped.
BAR CELLAR
HOUSE KEEPING STORE
STORAGE ROOMS x 2
1st FLOOR ½ LANDING
LOUNGE
A smaller lounge area with comfortable seating and tables.
LIBRARY
A small room with shelving and storage for books on display for the guests.
ROOF TERRACE
A fantastic large roof terrace on the 1st floor with stunning sea views.
LETTING ACCOMMODATION
All rooms have recently been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV's, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.
On all floors there are various linen and storage cupboards.
RECEPTION FLOOR
7 x Double Rooms
4 x Twin Rooms
3 x Family Rooms
1st FLOOR ½ LANDING
3 x Double Rooms
2 x Twin Rooms
1 x Family Room
1 x Single Room
1st FLOOR
5 x Double Rooms
4 x Family Rooms
1 x Single Room
2nd FLOOR
3 x Double Rooms
2 x Twin Rooms
2 x Single Rooms
OUTSIDE
To the front is a lovely frontage garden space with mature shrubbery, palm trees and several flag poles.
To the rear is a large garden with many comfortable seating areas with tables and provides a great deal of privacy for the guests.
PARKING
Immediately to the side and rear of the building is a substantial car parking facility for approx. 50/60 vehicles.
BUSINESS WEBSITE
www.www.marquishotel.co.uk
TOTAL FLOOR AREA
Approx. 2000 square metres
PLANING
Property Type C1 Hotels
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 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
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
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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