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Successful Guest House with Prime Location in Torquay Devon Up for Sale

Torquay, Devon
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A Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest HouseA Wonderfully Located, Successful Guest House
  • Freehold: £485,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A Wonderfully Located, Successful Guest House

A wonderfully located guest house for sale with 4 letting en-suite rooms and 2 x self-contained apartments, all situated on the sought after Belgrave Road, Torquay.  It has undergone a rolling programme of improvement and is now presented to an overall high contemporary standard. Currently operated successfully by a husband-and-wife team who choose to trade 8 months per year to avoid breaking the VAT threshold. Benefitting from flexible 3-bedroom owner’s accommodation together with a delightful patio with seating to the front, private patio and parking to rear. Early viewings are highly recommended. 

 

LOCATION

Situated on Belgrave Road within the very heart of all year busy Torquay, Devon. This location takes advantage of the high influx of tourism coming into the Bay and is ideally positioned within a couple of minutes' walk to Town Centre, Harbour and Seafront. All local amenities are in the immediate vicinity together with easy access onto all main arterial roads linking Plymouth, Dartmouth, Brixham and the Cathedral city of Exeter with its international airport and M5 motorway connecting all parts of the UK. The local bus and train station are nearby making this location ideal for anybody wishing to use public transport.

BUSINESS

The Belmont Guest House has been owner operated for many years and has earned itself a fine reputation from clients resulting in high repeat custom and subsequent impressive profit. This business prides itself on enviable Trip Advisor and Booking.com reviews which has also contributed to the success which the Belmont now enjoys.

Tripadvisor 5* rating & top 30 out of 144 B&Bs in Torquay - top 10 guest houses

9.2 on Booking.com

This easily operated business operates for approx. 8 months per year due to lifestyle choice and we, the agents, feel there is tremendous opportunity to expand on this already impressive turnover by simply opening for longer, taking advantage of the extensive client's database and its online presence. Currently trading with 4 x letting bedrooms together with 2 x self-contained apartments, all this can be managed by one person.

ACCOMMODATION

Entrance over lovely patio to front and steps leading up to an impressive entrance to:

VESTIBULE

A useful entrance area with key safes and part glazed door to:

RECEPTION LEVEL

RECEPTION / HALLWAY

A large area with console reception table, fire alarm panel and turning staircase to upper floors and door to stairs.

DINING ROOM

5.94m x 5.82m

An attractive recently refurbished contemporary space currently set with table and chairs for approx. 14 covers, but could fit up to 20 comfortably. Benefitting from a breakfast bar, built-in cupboard, fridge and bay window to front making this space bright and airy.

Stairs to:

GROUND FLOOR

KITCHEN

5.15m x 3.71m

A modern fitted kitchen, with a range of base and wall mounted units. The kitchen is comprehensively equipped for the day-to-day requirements of a guest house.

LETTING ACCOMMODATION

All rooms have recently been refurbished and individually decorated to a very high standard. They all feature contemporary furniture and are equipped with impressive en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Freeview SmartTV's, high speed full fibre WIFI, Echo Dot, hair dryer, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes.

FIRST FLOOR HALF LANDING

LINEN CUPBOARD

A large room with ample storage for linen, vacuum cleaners, cleaning products and more.

FIRST FLOOR

STORAGE CUPBOARD

BEDROOM 1

A double room with small sofa bed, en-suite shower, WC, wash hand basin and window to rear.

BEDROOM 2

A spacious Family room with a King bed and double sofa bed. The en-suite comprises of a shower, WC and wash-hand basin. The bedroom has 3 windows to the front.

SECOND FLOOR HALF LANDING

TOILET

With WC and wash-hand basin.

LAUNDRY ROOM

With a washing machine and tumble dryer.

SECOND FLOOR

BEDROOM 3

A double room with a Super King bed that can also be set as a Twin. The en-suite comprises of a shower, WC and wash-hand basin. The bedroom has a window to the rear.

CHRISTIE SUITE

A self-contained apartment with a double bedroom, lounge with sofa bed, & kitchenette. The en-suite comprises of a shower, WC and wash-hand basin. The bedroom has 2 windows to the front.

THIRD FLOOR HALF LANDING

STORAGE / LINEN ROOM

A large storage room for vacuum cleaners, cleaning products, recently installed pressurised hot water tank and general storage.

THIRD FLOOR

BEDROOM 4

A double room with a King bed. The en-suite comprises of a shower, WC and wash-hand basin. The bedroom has a window to the rear.

CARY SUITE

A self-contained apartment with a double bedroom, lounge with a sofa bed, & kitchenette. The en-suite comprises of a shower, WC and wash-hand basin. The bedroom has a window to the front.

OWNERS ACCOMMODATION

The owner's accommodation comprises of 3 bedrooms, some of which could very easily be incorporated as letting rooms.

RECEPTION LEVEL

BEDROOM 1

A large double room with en-suite shower, WC, wash-hand basin and patio doors overlooking the private rear decked area. (Can be added back into letting rooms)

BEDROOM 2

A large double room en-suite with WC and wash-hand basin. (Can be added back into letting room)

GROUND FLOOR

LOUNGE

6.12m X 4.39m

A beautiful large space with an array of comfortable sofas and individual seating together with an ornate fireplace with surround and hearth. Benefitting from large floor to ceiling bay windows to front creating a bright and airy room.

BEDROOM 3

A double room with window to side

BATHROOM

A conveniently located bathroom comprising of a shower, WC and wash-hand basin.

OFFICE / STORE

A good-sized room which is used as an office and general storeroom. It benefits from a window to the rear.

UTILITY ROOM

1 x washing machine, 1 x tumble dryer, with space for more. A built-in cupboard housing a wall mounted gas central heating & hot water boiler (installed 2015) and door to rear which leads to the rear car park.

OUTSIDE

To the front of the property there is a lovely patio area with seating and steps leading up to entrance and to the rear there is a car park. There is also an enclosed decked patio at the rear for the use and enjoyment of the owner.

PARKING

A private hard surfaced area to the rear with space for 2 cars, together with ample free and pay-as-you-go parking nearby.

 

FIXTURES AND FITTINGS

All trade fixtures and fittings with the exception of our vendor's private inventory will be included in this sale. A full inventory will be provided prior to 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 gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at (currently the property is fully exempt from business rates because of small business rates relief)

TENURE

Freehold

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. 01803 328880 Email. [email protected]

www.warecommercial.com

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Listing Statistics

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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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