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6-Bedroom Guest House with Owner's Accommodation in Devon for Sale

Undisclosed, Devon
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A Wonderfully Located 6 Bedroom Guest House For Sale Photo 1
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A Wonderfully Located 6 Bedroom Guest House For SaleA Wonderfully Located 6 Bedroom Guest House For SaleA Wonderfully Located 6 Bedroom Guest House For SaleA Wonderfully Located 6 Bedroom Guest House For SaleA Wonderfully Located 6 Bedroom Guest House For SaleA Wonderfully Located 6 Bedroom Guest House For SaleA Wonderfully Located 6 Bedroom Guest House For Sale
  • Status

    FOR SALE

  • Date Submitted:

    13/02/24

  • Advert ID

    606656

  • Reference

    NewburghGuestHouse / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £385,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A Wonderfully Located 6 Bedroom Guest House For Sale

A wonderfully located 6-bedroom all en-suite Guest House in Torquay, Devon, and only minutes' walk to the town centre, harbour, and seafront. This successfully owner-operated guest house runs for only 9/10 months per year, boasting good TripAdvisor reviews and comes with a two-bedroom owner's accommodation, large parking area to the rear, private courtyard garden, and terrace guest terrace to the front. This pretty property is situated on a beautiful terrace in the heart of the town yet benefits from quiet seclusion. Early viewings are highly recommended.

LOCATION

The Newburgh Guest House is ideally situated close to 'Belgravia,' one of Torquay's busiest commercial tourist districts. Benefiting from a wonderfully central yet quiet location, it's only minutes' walk to both the town centre and the beautiful seafront of Torquay. The local train and bus stations are nearby, with easy access to all main arterial road links connecting major cities like Plymouth and the Cathedral city of Exeter, along with its international airport and the M5 motorway, linking all parts of the UK.

BUSINESS

The owners have traded successfully for many years, achieving high levels of repeat business annually. The Guest House benefits from full business rate exemptions. Despite trading with 6 bedrooms, it is operated by only one person without the need for staff. The current owners trade for 9/10 months per year due to lifestyle choice. However, we, the agents, believe that turnover could be improved by opening for longer during the low season and enhancing advertising on social media. Full accounts will be available following a successful formal viewing.

ACCOMMODATION

Entrance over the front terrace which benefits from with many mature shrubs to

ENTRANCE VESTIBULE

Tiled floor and part glazed door leading to

HALLWAY

Giving access to turning staircase to first and lower ground floor

DINING ROOM

A lovely bright and airy room providing covers for 13 at matching tables and chairs. Windows to front overlooking the front patio area. Door to

KITCHEN

Fitted with a range of matching modern base and wall units with a built-in stainless-steel sink and single drainer. Separate wash hand basin, built-in 4-ring hob, and extractor hood over, commercial grill. Large window to front overlooking the front patio area making this a light and airy room.

LETTING ACCOMMODATION

All rooms have been individually decorated and they all feature bedside tables, chests of drawers, and wardrobe facilities. All rooms also benefit from a comfortable seating area, flat-screen smart TVs, quality-installed en-suite facilities, information packs on local amenities, a restaurant booklet, Free fibre optic Wi-Fi, and a hospitality tray.

FIRST Floor

BEDROOM 1

A double room with a window to the front rear and an en-suite comprising a shower cubicle, WC, and a wash hand basin.

BEDROOM 2

A double room with a window to the front and an en-suite comprising a shower cubicle, WC, and a wash hand basin.

Stairs to the first floor

BEDROOM 3

A double room with a window to the rear and an en-suite comprising a shower cubicle, WC, and a wash hand basin.

BEDROOM 4

A family suite with a window to the rear. This suite comprises two rooms, one with a double bed and the other with a single bed. The en-suite comprising a shower cubicle, WC, and wash hand basin.

BEDROOM 5

A double room with a window to the rear and an en-suite comprising a shower cubicle, WC, and a wash hand basin.

BEDROOM 6

A double room with a window to the rear and an en-suite comprising a shower cubicle, WC, and a wash hand basin.

OWNERS ACCOMMODATION

This is situated on the ground floor and can be accessed either from the reception hallway or independently to the rear of the property.

LOUNGE

5.27m x 4.42m Large room with a feature fireplace. Glazed doors lead onto the rear courtyard area.

Doors to:

STORAGE/LINEN ROOM

3.33m x 1.63m

BEDROOM 1

4.69m x 3.70m With 2 windows with a front aspect

LOBBY

Useful under stairs open storage which could be utilized as an office area.

Through to

BEDROOM 2

4.69m x 3.70m With a window to the rear En-suite with a bath with shower over, WC, and wash hand basin

OUTSIDE

To the front of the property is a patio area with mature shrubs and flower beds. From the owner's lounge, access is gained to the rear courtyard area. There are two enclosed private courtyards on two levels, a wooden shed, and access to the rear parking area with parking for 3 vehicles or by simply removing one of the enclosed courtyards, an additional parking space would be created for 5 vehicles.

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 the 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 electricity, water, fibre broadband, and drainage are all connected; however, no testing of these services has been conducted by the Agents Ware Commercial.

BUSINESS RATES

Please make your inquiries on the local Valuation Website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)

TENURE

Freehold

VIEWINGS All viewings are to be by appointment through Ware Commercial Tel: 01803 328880 or 01392 462266 Email: [email protected] Website: www.warecommercial.com

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Contact the seller for more details, or book a viewing

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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