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Victorian 8-Bed Guest House for Sale in Paignton Devon near the Sea

Torquay, Devon
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Established and Highly Profitable 7-Bed Guest House For Sale in Torquay Photo 1
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Established and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in TorquayEstablished and Highly Profitable 7-Bed Guest House For Sale in Torquay
  • Freehold: £425,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Established and Highly Profitable 7 Bed Guest House For Sale in Torquay

Kethla House is ideally positioned within one of Torquay’s most established and sought-after guest house locations. The property is within easy walking distance of the Riviera International Conference Centre, Torquay seafront and town centre, and benefits from excellent access to local amenities, with a strong mix of complementary hospitality businesses close by.

Forming part of an attractive Victorian terrace, Kethla House has been refurbished to an excellent standard while retaining many original period features and is operated as a highly successful and profitable guest house. The business enjoys consistent turnover in excess of the VAT threshold, with net profits in excess of £50,000 per annum, making this an outstanding opportunity for both lifestyle purchasers and commercially focused investors.

The property briefly comprises 7 well-appointed en-suite letting bedrooms, together with a welcoming breakfast room, fully equipped kitchen and spacious owner’s accommodation set over the lower ground floor.

Externally, the property benefits from a private rear parking area for up to three vehicles, with an attractive patio area to the front providing additional guest appeal. Further features include full central heating, double glazing and a recently installed boiler

The delightful guest letting rooms, offering a range of Family, King, Twin and Double options, are all presented to a high standard and include complimentary Wi-Fi, mini fridges, flat-screen TVs, and tea and coffee making facilities.

Our Reference: CD-20196
Set just a short walk to the beach
Immaculate guest house with 7-en suite letting rooms
Spacious 1-bed owners' accommodation
Highly profitable business with profits of £50,000
Refurbished to very high standards throughout
A brilliant turnkey business
EPC rating C
• FH Price: £425,000 Guide Price
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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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