FOR SALE
12/04/24
609688
A thriving, easy to run 8 bedroom guest house with large owners’ accommodation. All relevant fixture and fittings are included in the price in order run the business on purchase.
Situated in a popular coastal resort, next to the picturesque Byes riverside walk and dedicated parkland, as well as being within 300 metres of Sidmouth town centre and 600m from the sea front. The town has high street and independent shops as well as theatre, cinema, museum, eateries etc.
The present owners have refurbished the property during their 15 successful years, creating accommodation of a high standard with an excellent level of repeat business, reviews and a superb reputation.
The accommodation is spread over three floors and measures approximately 3279 sq ft. The business offers eight en-suite letting rooms, guest lounge, office, first floor laundry, breakfast/dining room and large kitchen.
The current owners trade on a Bed and Breakfast only basis for eight months of the year at present, but know that the scope could easily be extended to include evening meals and a longer trading period etc.
The external space offers parking for up to six vehicles, and a small patio and storage area for owners’ use.
Other particular features of this property include substantial owners’ accommodation, which includes 3 bedrooms, a good size living/dining room and bath/shower room. The property also benefits from gas fired heating, double glazing and good WiiFi reception and storage facilities. An inspection is essential in order to appreciate both the size and quality
The sale is due to retirement, price includes all necessities to run the business on purchase. Handover/training is offered if required. The owners run the business by themselves - laundering of linen is outsourced.
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
Get SolicitorThe data showed regarding this advert 'Bed and Breakfast and owners’ accommodation Sidmouth, Devon ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.