7 Letting Room Guest House In Paignton Devon | | Paignton Devon | | 7-en-suite bedroom Guest House, Paignton, Devon T/O: £46,000 GP: 73% Scope to increase turnover Superbly presented property Ideally located Enviable reputation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67155
ADVERT IMPRESSIONS : 16,774 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £449,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Two Beaches Guest House is ideally located on St Andrews Road in the heart of Paignton in Devon. The business is surrounded by complementary hotels and guest houses in this popular tourist area. The guest house is centrally located, just a short walk from the beach and marina, which lies approximately a third of a mile away, and close to all the resort's amenities. Paignton is a popular holiday destination, situated approximately 3 miles south of Torquay and easily accessible by road, via the A380 or by rail, with the station within easy walking distance. Paignton lies on the 'English Riviera', known for its sunny weather and wide sandy beaches.
Business History
Preferred Commercial is delighted to offer for sale this popular 7 bedroom guest house, which was established in 1999 and which has been in our clients' careful hands since 2003. The business is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £46,000 per annum with a gross profit of 73%, derived from offering bed and breakfasts only. The business is closed between October and March of each year giving a new owner the opportunity to increase turnover by opening all year round. There is also scope to offer evening meals if desired. The guest house has been maintained to a very high standard throughout and boasts excellent reviews on various travel websites. The business benefits from its own web site with on-line booking facilities and information about the guest house and surrounding area. There is a spacious owners' apartment and parking for approximately 9 vehicles. We feel this represents an ideal opportunity to acquire a quality guest house, finished to the highest of standards and in such a sought after location. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £46,000 approx.
GP: 73%
Opening Hours
March - October
Accommodation Details
Substantial semi detached property, tastefully extended to offer a spacious guest house. Briefly comprising:
Ground Floor
• Main entrance to large lobby and hallway
• Room 1: Twin room with en-suite shower room and built-in wardrobes
• Room 2: Double room with en-suite shower room
• Bar/lounge/breakfast room with bar servery, stocked with spirits and bottled beers, electronic cash register and security shutters, tables and chairs
• Ladies WC
• Gents WC
• Large guests' lounge with comfortable sofas and TV
• Dining area with tables and chairs offering 22 covers
• Kitchen
• Utility/laundry room with 2 x washing machines and 2 x dryers
First Floor
• Owners' double bedroom with en-suite shower room
• Owners' kitchen, lounge and diner
• Room 6: Double room with en-suite shower room
• Room 5: Family room with en-suite shower room
• Room 4: Family room with en-suite shower room
• Room 3: Double room with en-suite shower room
Second Floor
• 2 x Owners' double bedrooms with en-suite shower room, could be used as further letting rooms
• Room 7: Double room with en-suite bath/shower room
External
• Parking for 3 vehicles to front
• Parking for a further 6 vehicles to the rear
• Garden area with patio
• 2 x garden sheds
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2641 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
