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Guest House in Ideal Trading Position

Paignton, Devon
Freehold Price:
£338,500
Status
FOR SALE
Advert ID
256875
Reference
GARFIELD3730 / Rightbiz

A wonderful opportunity to acquire a fantastically well located 8 bedroom (all En-suite) Guest House which is ideally located only a stone’s throw from Paignton’s Sea Front. This mid terraced Guest House benefits from flexible 2 bedroom spacious accommodation and is located on Garfield Road, taking advantage of high passing trade and being ideally situated close to the Town Centre, local amenities and harbour. It has undergone a comprehensive rolling programme of refurbishment and is now being offered in high decorative order and early viewings are strongly recommended...

 

 

LOCATION

Ideally located within a short walking distance of Paignton Town Centre and attractive sea front promenade. Located strategically close to the beach front, taking advantage of tourists arriving into Paignton, also being situated close to the large Town Centre car park

 

BUSINESS

Garfield Lodge has been successfully run by the present owners for many years and has earned itself a fine reputation with visitors and locals alike. The business benefits from high repeat custom, however we the agents feel that there is great scope to expand on the already impressive turnover. Trading only with 7 x room because of lifestyle choice and actual trading accounts will be made available following a successful formal viewing

 

ACCOMMODATION

 

ENTRANCE

Through conservatory entrance which is UPVC glazed and benefits from seating for guests into:

 

RECEPTION HALL

Benefiting from CCTV camera and turning staircase to upper floors

 

DINING ROOM

5.08m x 4.90m

With feature fireplace, moulded ceilings, with central chandelier, an array of table and chairs for approx. 16 covers together with large bay window to front.

 

KITCHEN

3.91m x 2.76m

Modern refitted and benefiting from an array of base and wall mounted units with inset 1 ½ stainless steel sink and drainer, large 6 x ring range cooker with double oven and grill, microwave oven, 2 x multi slice toaster, tiled walls and non-slip flooring throughout and window to rear.

 

GUEST ACCOMMODATION

All letting rooms benefit from colour TVs, radio alarm clocks, hairdryers and hospitality trays

 

GROUND FLOOR

 

BEDROOM 1

Family room sleeps three with 1 double and 1 single bed with separate walk in wardrobe and dressing area, separate store cupboard and EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to rear.

 

Stairs from reception hall lead up to:

 

FIRST FLOOR LANDING

With doors leading off to:

 

STORE ROOM

Used for general storage of vacuum cleaners and cleaning products.

 

LINEN CUPBOARD

With comprehensive shelving

 

BEDROOM 2

Double room with EN-SUITE SHOWER ROOM comprising of shower, WC, wash hand basin and heated towel rail and window to rear.

 

BEDROOM 3

Double room with EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to rear.

 

BEDROOM 4

Double room with EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to front.

 

BEDROOM 5

Single room with EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to front.

 

Stairs from landing continue up to:

 

SECOND FLOOR LANDING 

With access to loft storage space and doors leading off to

 

STORE CUPBOARD

 

BEDROOM 6

Double room with EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to rear.

 

BEDROOM 7

Double room with EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to front.

 

BEDROOM 8

Double room with EN-SUITE SHOWER ROOM comprising of shower, WC and wash hand basin and window to front.

 

OWNERS ACCOMMODATION

Ideally located on ground floor and comprising of

 

BEDROOM 1

Single room with window to rear

 

BEDROOM 2

Double room with obscure window to side

 

BATHROOM

Comprising panel bath with electric shower and screen above, low level WC and wash hand basin

 

LOUNGE/DINER

5.90m x 3.99m

Lovely large room which will allow for a multitude of uses.

 

 OUTSIDE

The property benefits from walled patio area with seating to front, small enclosed patio area to rear and small built in storage room house the washing machine and tumble dryer.

 

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment, land and buildings with the exception of vendor’s private inventory will be included in this freehold sale. Full inventory will be provided prior to exchange of contracts

 

SERVICES

Mains electricity, gas, water and drainage are all connected, however no testing of these services have been undertaken by the agents, Lake & Ware, Commercial

 

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

LEGAL FEES

Each party to pay their own legal fees regarding this sale/purchase

 

TENURE

Freehold

 

VIEWINGS

Please contact the agents for an appointment to view this property

Tel. 01803 328880.

Email info@warecommercial.com

Website: www.warecommercial.com

 

Listing Details
Freehold Price: £338,500
Tenure: Freehold
Location: Paignton, Devon
Sector: Bed And Breakfast, Hotels
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: GARFIELD3730 / Rightbiz

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