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High-Quality Refurbished 7-Bedroom Guest House in Scenic Paignton Devon for Sale

Paignton, Devon
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A Beautifully Presented 7 en-suite bedroom guest house Photo 1
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A Beautifully Presented 7 en-suite bedroom guest house Photo 10
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A Beautifully Presented 7 en-suite bedroom guest house Photo 13
A Beautifully Presented 7 en-suite bedroom guest house Photo 14
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A Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest houseA Beautifully Presented 7 en-suite bedroom guest house
  • Freehold: £485,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A Beautifully Presented 7 en suite bedroom guest house

A beautifully presented & successful 7-bedroom (all en-suite) guest house which has recently undergone an extensive and high-quality refurbishment. All windows are double-glazed UPVC, and the property boasts a large, enclosed forecourt to the front and a generously sized private car park. Ideally situated just moments from the seafront and town centre, this thriving business has earned high praise for its exceptional standards and welcoming service. The current owners benefit from spacious 2/3-bedroom accommodation on the ground floor, along with a private enclosed garden to the rear. A full handover will be provided to ensure a smooth transition and continued success for new owners. Early viewings are highly recommended

LOCATION

Merritt House is superbly located just off Paignton’s main seafront and within easy walking distance of the harbour, beaches, and town centre amenities. It lies in a sought-after residential area between the seafront and the popular Goodrington Sands, known for its flat, sandy beaches. Excellent transport links are nearby, including the main train and bus stations, with convenient access to the motorway network connecting to all parts of the UK.

BUSINESS

Merritt House has been trading successfully for many years, primarily during the summer months. It is currently operated with just 4 rooms for approximately 6–7 months per year, by choice, to suit the owners’ lifestyle. The business enjoys strong levels of repeat custom and excellent online reviews.

The selling agents believe there is significant potential to increase turnover by:

Extending the trading season

Using all available rooms

Expanding marketing efforts

Exploring a premises licence to offer champagne or light evening snack

The size of the operation allows for easy management without the need for staff. A full handover will be provided, and detailed trading accounts will be made available following a successful viewing.

ACCOMMODATION

Entrance over fully enclosed courtyard to front with mature shrubbery, paving and seating area. Up steps to:

RECEPTION LEVEL

Through part glazed door into

VESTIBULE

With parquet flooring and an area with wall mounted tourist display.

Through part glazed door and surround into:

INNER HALLWAY

A lovely open space with an ornate chandelier, wall art and a turning staircase to upper floor and doors to:

DINING ROOM

4.34m x 4.30m

A lovely large room with 6 tables and twelve chairs with ample space. To one side is a comprehensive breakfast bar with under counter fridge. The room benefits from a chandelier, ornate fireplace with slate effect surround and hearth and large bay windows to the front which makes this room bright and airy.

GUEST LETTING ACCOMMODATION

All rooms have recently been decorated to a high standard and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV's, Free Wi-Fi, hairdryer, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.

BEDROOM 1

A Single room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to the front of the property.

BEDROOM 3

A Double room with an en-suite comprising of shower, low level WC and wash hand basin. The bedroom has a window to the rear of the property overlooking the cricket fields.

BEDROOM 4

A Twin/Double room with a zip and link bed with en-suite comprising of shower, low level WC and wash hand basin. The bedroom has a window to the rear of the property overlooking the cricket fields.

From the hallway a sweeping staircase leads to:

FIRST FLOOR

A large landing with doors to:

STORAGE CUPBOARD 1

A great storage cupboard housing most of the linen

STORAGE CUPBOARD 2

A large space which is used for storage of cleaning equipment, vacuum cleaner, teas & coffees, ironing board etc

DRYING ROOM

A unique space which is widely used to dry wetsuits, jackets and comprising of a wash hand basin, sealed shower tray, hanging rail and radiator.

BEDROOM 5

A Double room with an en-suite comprising of shower, low level WC and wash hand basin. Window to the rear of the property overlooking the cricket fields.

BEDROOM 6

A Twin/Double room with zip and link bed with an en-suite comprising of shower, low level WC and wash hand basin. Window to the rear of the property overlooking the cricket fields.

BEDROOM 7

A Double room with an en-suite comprising of shower, low level WC and wash hand basin. Window to the front of the property. (used by a extended family)

BEDROOM 8

A Double room with an en-suite comprising of shower, low level WC and wash hand basin. Window to the front of the property.

OWNERS ACCOMODATION

The owner’s accommodation can be either accessed from the reception hallway with a sweeping staircase or from the rear with its own door.

GROUND FLOOR HALLWAY

Doors leading off to:

LOUNGE/DINER

7.47m x 4.32m

A very large room with ample space for a large dining table and chairs, office space and an extensive sofa suite. The room benefits from a feature fireplace with marble effect surround, hearth, inset gas fire and two large windows to front making this a very pleasant floodlit space.

KITCHEN

4.74m x 3.01m

Consisting of a full array of base and wall mounted units with ample space for all the crockery, cutlery and glassware together with an inset 1 ½ bowl sink and drainer, 8 ring cooker and double oven with extractor above, electric grill, various freestanding fridge, freezers and tiled affect flooring throughout.

LARDER

To one corner there is a built-in walk-in larder for storage.

UTILITY ROOM

3.23m x 2.53m

An ideally situated space just off the kitchen with an array of base and wall units with inset dishwasher, washing machine, tumble dryer and freezer. Window and door to rear private garden and car park

MASTER BEDROOM

4.67m x 3.80m

This double room has a large built-in wardrobe and benefits from a ‘Jack & Jill’ en-suite This bathroom comprises of corner shower, low level WC and wash hand basin. This interconnects to a walk-in linen room which then leads out to the hallway.

BEDROOM 2

3.68m x 2.18m

With window to the rear overlooking the owners private garden.

BEDROOM 3/OFFICE

3.11m x 2.47m

This is currently being used for storage but could have many uses and has a window overlooking the owner’s private garden.

OUTSIDE

To the front of the property is an enclosed garden with garden table and seating, mature palm trees and shrubbery making this a popular space for guests. To the rear is a private enclosed garden. An ideal sun trap to soak up the sun and enjoy some privacy.

PARKING

To the rear of the property is a car park for up to 4 vehicles with pedestrian access from front to rear which runs to the side of the property.

FIXTURES & FITTINGS
Trade Fixtures & Fittings & Equipment except for the owner’s private inventory will be included in this freehold sale. Full inventory will be made available prior to exchange of contracts.

SERVICES
Mains electricity, water and sewage, broadband are connected, however no testing of these services have been undertaken by the agents Ware Commercial.

BUSINESS RATES
Please make your enquiries on the local valuation website at www.voa.gov.uk

(currently the property is fully exempt from business rates because of small business rates relief)

TENURE
Freehold

LEAGAL FEES

Each party to bear their own legal cost in connection with this transaction.

VIEWINGS
Viewings are by appointment with the agents Ware Commercial. Tel 01803 328880 or 01392 462266
Email to: [email protected]

Enquiries through: www.warecommercial.com

 

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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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