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Prime Location Spacious Former Top-Rated Guest House For Sale in Torquay Devon

Torquay, Devon
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A Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime LocationA Spacious Former Guest House in a Prime Location
  • Freehold: £395,000
  • Turnover: On request
  • Profit: On request

Key Features

  • Prime Location
  • With Car Park
  • Town Centre location
  • Close to Local Amenities

Business Details

A Spacious Former Guest House in a Prime Location

This very attractively priced property is in a prominent location, in the sought after seaside resort of Torquay, Devon. Previously a highly successful guesthouse, boasting 5-star reviews on TripAdvisor and 10/10 rating on Hotels.com. It is currently operating as a home with income from long-term tenants with 6 rooms but can be sold with vacant possession if desired. Offering spacious owners’ accommodation, a well-maintained enclosed garden, and high-quality decor throughout, it also features a large car park accommodating 6-7 vehicles. This easily managed lifestyle business is truly one of a kind—early viewing is highly recommended.

 

LOCATION

Located on the popular Avenue Road with high volume of passing traffic, footfall, and being only a short walking distance from the seafront, harbour and town centre.  Conveniently situated for a short walk to the train station, or for access to the main arterial roads to Plymouth and Exeter.

 

BUSINESS

This guesthouse was successfully operated by the owner for several years but was scaled back due to health reasons and is now run as a home with income from long-term tenants. As agents, we believe there is significant potential to increase turnover by reopening as a guesthouse and actively marketing the business.

 

ACCOMMODATION

 

Entrance over splayed car park and in through

part glazed door to vestibule with shelving for tourist pamphlets, notice board and door into

 

MAIN HALLWAY

With turning beautiful consul table, fire alarm panel, ceiling chandelier, staircase to upper floors and door to:

 

DINING ROOM

6.45m x 3.07m

A light and airy room with 6 x high quality table and chairs for 12 covers, wood effect flooring, 3 x chandeliers, breakfast bar with abundant storage underneath, music speaker system, built in cupboard housing a boiler and window to side.

 

KITCHEN

5.14m x 2.09m

A well-equipped kitchen subdivided into cooking and prep area benefitting from an array of wall and base fitted units with inset single stainless-steel sink and drainer, 6 x ring gas cooker and double oven with grill above, both island-unit & work top space, hand wash basin, tiled flooring throughout and large window to side.

 

OFFICE

A small office but perfect for everyday business activity with both telephone and broadband point, deck, shelving and chair.

 

STORAGE CUPBOARD

An under stairs storage facility.

 

LETTING ACCOMMODATION

All room are decorated to a very high standard and have digital TV’s, hairdryers and hospitality tray

 

GROUND FLOOR

 

ROOM 1

Double room.  With from a comfortable easy chair, 2 x windows to side and En-suite with walk-in shower, WC, wash hand basin.

 

ROOM 2

Large superior king room featuring an electric fireplace with cream marble surround. 2 x cream leather cub chairs, window to side and En-suite with walk-in shower, WC, and wash hand basin.

 

FIRST FLOOR

 

ROOM 3

Double room (kings sized). With large bay window to the front, 2 x comfortable chairs, En-suite with walk in shower, WC and wash hand basin.

 

ROOM 4

Double room. With 1 x comfortable chair, large window to side and En-suite with shower, WC and hand wash basin.

 

ROOM 5

Double room. With 2 x large window to side & front, En-suite corner shower, WC and hand wash basin.

 

ROOM 6

Twin room. With a navy velour cub chair, 1 x window to side, En-suite shower, WC and hand wash

 

OWNERS ACCOMMODATION

Owner’s accommodation is located ideally on the ground floor with both access from the business or independently from its own entrance to side.

Part glazed door into inner hallway with doors to:

 

LOUNGE

3.84m x 3.36m

This room benefits from oversized windows to the front making this room very bright and airy.

 

UTILITY ROOM

4.59m x 1.47

This room is long and narrow but with an array of both wall and base fitted units with inset stainless-steel sink and drainer, gas central heating boiler, ample work top space and storage, large windows overlooking enclosed courtyard and vinyl flooring through-out.

 

MASTER BEDROOM

3.94m x 3.85m

Benefitting from 3 x double built-in quality wardrobes, large 2 x windows overlooking beautiful enclosed private courtyard and En-suite with shower, WC and wash hand basin.

 

COURTYARD (private)

This is accessed from the inner owner’s hallway to a private secluded large courtyard surrounded by mature shrubbery and planting. Ample sized for large table, parasol and chairs, BBQ area and general relaxation.

 

PARKING

It’s a rare to find such a large private car park in the centre of town for 6/7 vehicles surrounded by a low-level wall with mature planting and shrubbery.

 

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 Ware Commercial agents.

 

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 www.voa.gov.uk 

 

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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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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