7 Letting Room Hotel In Paignton Devon | | Paignton Devon | | 7-Bedroom guest house Paignton, Devon T/O: £21,000 GP: 90% Scope to develop further Ideally located close to beach Well established 1-bed owners' accom | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68465
ADVERT IMPRESSIONS : 16,439 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £280,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Marine Park Hotel is ideally located just off Marine Drive and close to the seafront of the popular tourist resort of Paignton in Devon. The hotel is just a short stroll from the resorts wide sandy beach and within easy reach of all of the town's amenities. Paignton is at the heart of the area known as The English Riviera popular with holidaymakers since Victorian times. There are many popular attractions in the area including Paignton Zoo, a steam railway and water park. Paignton is situated approximately 3 miles south of Torquay and easily accessible by road, via the A360 or by rail, with the station within easy walking distance from the hotel.
Business History
Preferred Commercial is pleased to offer for sale this popular 7-letting room hotel, which was established in 1960 and which has been in our client's careful hands since 2000. The business is only now being placed on the market due to our client's wish to retire. The hotel operates all year round and generates a turnover in the region of £21,000 per annum with a gross profit of 90%. The property has been well maintained throughout and benefits from self-contained owners' chalet to the rear. There is a web site in place, which we feel would benefit from the addition of on-line booking facilities. A new owner could increase turnover by utilising internet booking sites such as Avivo. There is also scope to convert some of the standard bedrooms to en-suite. Marine Park Hotel boasts an enviable reputation and benefits from much repeat custom. We feel this represents an ideal lifestyle change opportunity to acquire a popular hotel in such a desirable location. Early viewing must come highly recommended.
Financial Details
T/O: £21,000 approx.
GP: 90%
Scope to develop further
Opening Hours
All year round
Accommodation Details
Substantial 3-storey semi-detached property, close to the beach and briefly comprising:
Ground Floor
• Guests' lounge with feature fireplace and bay window
• Dining room with tables and chairs for 16 covers and French windows leading to rear courtyard
• Kitchen with a range of fitted wall and base units
• Utility area with washing machine and tumble dryer
First Floor
• Room 1: Double with en-suite facilities
• Room 2: Standard single with wash basin
• Room 3: Twin with shower
• Room 4: Standard single with wash basin
• WC
• Shower room for rooms 2 and 4
Second Floor
• Room 5: Standard double with wash basin
• Room 6: Standard double with wash basin
• Room 7: Family room with double and single beds and en-suite facilities
• Linen cupboard
• WC
External
• Courtyard to rear
• Parking to front for 5 cars
• Owners' chalet comprising one double bedroom with seating area and shower room
• Chalet with single bedroom, storeroom and separate WC
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2751 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
