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Freehold 7 Bedroom Guest House in Torquay Devon with Owners' Accommodation Available

Torquay, Devon
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Freehold 7 Bedroom Guest House Located In Torquay, Devon Photo 1
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Freehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, DevonFreehold 7 Bedroom Guest House Located In Torquay, Devon
  • Freehold: £549,950
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Freehold 7 Bedroom Guest House Located In Torquay, Devon

Freehold & Bedroom Guest House Located In Torquay, Devon
Two Bedroom Owners Accommodation
Views Across The Park
Great Reputation
Ref 3232

Freehold Asking Price £549,950

Location
This established Freehold Guest House is located in vibrant seaside resort town of Torquay, Devon. Situated within a prominent and highly visible trading position on Bampfylde Road which is just around the corner from the Riviera International Conference Centre. The seafront, town and marina are within easy walking distance. The town offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years. Especially in its commercial and residential infrastructure. Torquay is known as the English Riviera and is famous for its beautiful beaches.

Business Description
Veritas Business Sales are delighted to offer for sale this delightful 7 Bedroom Guest house which is located in Torquay. The business has been established for over 50 years and has been in the careful hands of our client for the past 10 years. They are now offering business for sale so that they can enjoy a welldeserved retirement. The Daylesford is kept to a very high standard and since ownership they have continually refurbished and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Room tariffs range from a double or twin room en-suite £79.00 - £99.00 depending on the time of year. All prices are per room per night on B & B basis and all rooms benefit from gas fired central heating, colour TVs and complimentary tea & coffee making facilities. To the front of the property is a landscaped garden with a views over the park and sports ground which lead to the very popular sea front. The front garden comes with a stone-built terrace and seating area.
We believe that the business has further potential by offer evening meals for guests and non residents which would increase revenue should you wish. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade from visiting tourists. This is a superb opportunity to purchase a turnkey business that has already benefited from significant investment which is a great base to build upon and as such early viewing is highly recommended.

Ground Floor
Entrance (1.8m x 1.8m). Reception area/hallway (7.0m x 2.m) with wall mounted mirror and oak table.
Dining room (4.9m x 4.9m) with 6 tables with chairs to cover (12), various pictures, 2 x sideboards and feature fireplace.
Lounge (3.8m x 3.1m) with 2 x settee’s, various pictures, feature fireplace, wall mounted mirror and views over the park.
Kitchen (3.7m x 2.6m) with kitchen cupboards floor and wall mounted, 6 burner cooker, microwave and new gas boiler.
Kitchen 2 (2.7m x 3.3m) with sink with single drainer, washing machine, tumble dryer, sink with dual drainer, upright fridge and upright freezer.
Bedroom 1 (4.6m x 3.2) Double Bedroom with en-suite.
Bedroom 2 (3.9m x 2.7) Double Bedroom with en-suite.

First Floor
Bedroom 3 (4.7m x 2.4m) double bedroom with en-suite.
Bedroom 4 (2.3m x 3.6m) double bedroom with en-suite.
Bedroom 5 (3.5m x 3.6m) double bedroom with en-suite.
Bedroom 6 (3.6m x 3.8m) double bedroom with en-suite & lounge (2.8m x 3.2m).
Bedroom 7 (3.2m x 3.2m) double bedroom with en-suite.
Toilet (1.8m x 2.5m).
Linen Room (2.0m x 2.5m).

Second Floor
Owners Accommodation
Bedroom (3.7m x 3.7m( double, bathroom with shower and Storeroom.
Bedroom (3.5m x 3.1m) single.
Toilet (1.5m x 2.0m).
Lounge (7.0m x 3.5m).

External
Car park with spaces for (8). Patio tables with chairs and views over the park.

EPC Rating B



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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.

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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.

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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.'.

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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.

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