Beautiful & Versatile Large Guest House For Sale in a Prime Location

A wonderfully positioned 12 x ensuite bedroom Guest House for sale, together with a 2 x bedroom ground floor Granny annexe and a spacious 3 x bedroom owners’ accommodation, large parking facility to the front and rear, and only a stone’s throw from the seafront. Due to its size, this detached property offers huge opportunities to complement with self-catering Airbnb, holiday units, and many other alternative uses. Three Palms has been owner-operated for many years, only for a short period of 7-8 months per year due to lifestyle choices. Currently the owners operate room only with breakfast at an additional charge. All guest rooms and public areas are decorated to a high standard, and the property is being placed on the market as the owners are moving overseas.

LOCATION

The Three Palms is situated in a prime trading position within the bustling coastal town of Paignton, Devon. It occupies a sought-after area on Queens Road, only minutes away from the beach, harbour, town centre, rail and bus stations. The guest house is also conveniently located a short drive away from the cities of Plymouth and Exeter, with their M5 motorway and international airport. Additionally, Torquay is just minutes away, and slightly further afield is Dartmoor National Park.

BUSINESS

This highly profitable business has been successfully owner-operated for many years and benefits from a high rate of repeat custom. It is well-liked by both visitors and locals alike. The business currently trades for 7-8 months per year due to lifestyle choices, but the agents believe there is great scope to improve upon the already impressive turnover and subsequent net profit. Actual trading figures will be made available following a successful formal viewing.

ACCOMMODATION COMPRISES

Entrance up steps and through a glazed door into:

GROUND FLOOR

Reception 

3.79m x 2.18m 

With comfortable seating, guest signing in table and storage together with tourist pamphlet display and large windows to front making this area very bright and welcoming. 

INNER HALLWAY 

With turning stairs to downstairs and upper floors.

 LOWER GROUND FLOOR

KITCHEN

SERVERY AREA 

3.80m x 3.46m 

Double stainless-steel sink and drainer, dishwasher and large worktop space. Arch into:

MAIN KITCHEN 

4.4m x 2.65m 

Five-burner range cooker with halogen plate and electric fan-assisted oven, extraction unit, hot plate, cupboard housing the main gas boiler, and windows to the side. Door to:

UTILITY/STORES 

10.13m x 1.99m 

Washing machine, tumble dryer, door to rear, and door to:

DRY STORES 

2.18m x 1.92m

BREAKFAST ROOM & BAR AREA

3.69m x 3.17m

A large room with window to inner enclosed courtyard.

STORE

4.07m x 1.94m (easily incorporated into Granny Annexe for as a bedroom)

A good-sized room with a window to the front. Currently being used for additional storage

UTILITY / WORKSHOP

10.07m x 1.99m

A fantastic space which previously was a side alley to the property but enclosed. It now is used as a utility, store and work shop. 

LETTING ACCOMMODATION

All rooms have been comprehensively refurbished and individually decorated to a high standard. They all feature contemporary bedside tables, chests of drawers, and wardrobes, with quality-installed ensuite facilities. All rooms also benefit from comfortable seating areas, flat-screen smart TVs, information on local amenities, a restaurant booklet, free fibre optic Wi-Fi, and a hospitality tray.

GROUND FLOOR

BEDROOM 1 

A Double room with a window to the side, and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 2 – Family 3 

A family room with a double bed and a sofa bed, window to the front, and an ensuite comprising a shower, WC, and wash hand basin. 

Stairs to:

FIRST FLOOR HALF LANDING

BEDROOM 3 

A double room with a window to the side and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 4 

A double room with a window to the side and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 5 

A single room with dual aspect windows to the rear and side, and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 6 

A double room with a window to the rear and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 7 

A twin room with a window to the rear and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 8 

A double room with a bay window to the front and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 9 

A double room with a bay window to the front and an ensuite comprising a shower, WC, and wash hand basin.

Stairs to:

SECOND FLOOR

BEDROOMS 10  (two interconnecting bedrooms, which can be let as Family 4 or a suite) 

A family room with interconnecting rooms, comprising a double and a twin room. The ensuite comprises a shower, WC, and wash hand basin.

BEDROOM 11 

A double room with a window to the rear and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 12 

A family room with a double bed and a single bed, window to the front, and an ensuite comprising a shower, bath, WC, and wash hand basin. 

LOWER GROUND FLOOR

Accessed through the hotel or separate side entrance.

Granny Annexe / AirBnB or Owners Accommodation

LOUNGE (L-shaped) 

9.12m x 4.43m & 3.71m x 2.92m 

This wonderfully large L-shaped area has both large dual aspect windows to side and rear, together with patio doors leading out to the rear. (previously this was the dining room)

BEDROOM 1 

Double with a window to the rear.

BATHROOM 

With bath, shower, low-level WC, and wash hand basin.

BEDROOM 2  (This bedroom could be easily incorporated to the Granny Annexe)

L-shaped room with a window to the front. Entrance door to the side with private patio area.

BEDROOM 3 

Double with a window to the inner courtyard.

BEDROOM 4 

Single with two windows to the front.

OWNERS' ACCOMMODATION

GROUND FLOOR

Ideally situated close to the main entrance and is both spacious and bright and airy.

Comprising in brief a corridor with various storage rooms, cupboards and doors leading off to

LOUNGE

A large space with ample space for sofas, tables and would easily incorporate a kitchen too.

BEDROOM 1

A double room with a window to the rear and an ensuite comprising a shower, WC, and wash hand basin.

CLOAKROOM 

With WC and wash hand basin.

BEDROOM 2 

A single room with a window to the side and an ensuite comprising a shower, WC, and wash hand basin.

BEDROOM 3 

A family room with a double bed and a single bed, dual aspect windows to the side and rear, and an ensuite with WC, and wash hand basin. 

OUTSIDE

There is a seating area, palm trees, mature shrubs, and hanging baskets. To the rear is a patio and seating area.

PARKING

To the front is a car park for seven cars, and to the rear, there is additional parking for another eight vehicles.

FIXTURES AND FITTINGS

All trade fixtures and fittings, with the exception of our vendors' private inventory, will be included in this sale. A full inventory will be provided prior to exchange of contracts.

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 inquiries regarding business rates on the local valuation website (VOA) at www.voa.gov.uk. Currently, the property is fully exempt from business rates due to small business rates relief.

TENURE

Freehold

VIEWINGS.

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

TEL. 01803 328880 or 01392 462266 Email. [email protected]   www.warecommercial.com