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Boutique hotel for sale in Torquay Devon, a Victorian villa with unique charm and character

Torquay, Devon
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A striking Victorian villa boutique hotel for sale Photo 1
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A striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for saleA striking Victorian villa boutique hotel for sale
  • Freehold: £595,000
  • Turnover: On request
  • Profit: On request

Business Details

A striking Victorian villa boutique hotel for sale

A striking Victorian villa boutique hotel offering 5 x luxurious suites, ideally situated within a short stroll of Torquay town centre, the harbour, beach, and the Riviera International Conference Centre. This beautifully presented guest house is maintained to an exceptional five-star standard and enjoys a high level of repeat custom. Benefiting from ample private parking and flexible owners’ accommodation, the business is highly profitable and compares favourably with businesses twice its size. Our client enjoys an enviable lifestyle, including the ability to travel extensively during the winter months. However, we, as agents, believe there remains significant scope to further develop and expand the business. 

Ascot House Hotel occupies a prime position on Tor Church Road, just a few minutes’ walk from the Riviera International Conference Centre, Torquay harbour, seafront, and town centre. The property is conveniently located for both local bus and railway stations and offers excellent access to the region’s main arterial routes, including Plymouth and the cathedral city of Exeter, with its international airport, M5 motorway nearby.

Successfully owner-operated with part time staff when required. This quality accommodation business generates a good turnover but only trading 6 months of the year, the business enjoys consistently high occupancy levels when open, together with significant repeat custom. The hotel has been awarded “Travellers’ Choice” and achieved the No. 1 ranking on TripAdvisor for hotels in Torquay. Because of the size of the bedrooms/suites, they could easily accommodate a smaller warming kitchen which would open up the potential to Airbnb, longer stays or even holiday lets. A state-of-the-art website generates a substantial number of direct bookings, significantly reducing commission costs. Many years ago, the owners made the decision to convert the former eleven bedrooms into five luxurious suites, a strategy that has proven exceptionally successful. The resulting room rates, repeat business, and profitability compare favourably with operations twice the size, whilst requiring considerably less work. Trading accounts will be made available to seriously interested parties following a formal viewing.

ACCOMMODATION COMPRISES

Entrance via a charming, covered porch with ship lanterns and illuminated entrance area leading through a part-glazed door to

Vestibule

2.08m x 1.83m

The vestibule provides an ideal guest reception area featuring a coat and boot stand, bookcase, built-in storage cupboards, tourist information, umbrella storage, map of the bay, and wall art, with access to the inner hallway.

RECEPTION FLOOR

INNER HALLWAY

A tranquil and welcoming space featuring a console table, desk lamp, large mirror, wall art, and an impressive spindle staircase leading to the upper floors

GROUND FLOOR

DINING ROOM

5.69m x 4.46m

A spacious breakfast room providing seating for approximately 14 covers. Features include original slate flagstone flooring, breakfast bar, serving hatch to the kitchen, and 2 x French patio doors to the front, creating a bright and airy space.

KITCHEN

4.61m x 3.20m

Well positioned adjacent to the dining room and benefiting from a serving hatch. The kitchen is fully equipped with a six-ring commercial gas range cooker with double oven, a range of fitted wall and base units, island unit, dishwasher, and ample storage for crockery, cutlery, and glassware. French patio doors to the front provide excellent natural light.

LETTING ACCOMMODATION

All suites have been recently refurbished and individually designed to a high standard. Each features stylish furnishings and quality en-suite facilities and two of the suites also benefit from access to the original balcony with cast iron railings.

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

The categories of rooms are as follows:

Junior Suite Double

Gothic Suite Double

Deluxe Suite Double

Luxury Suite Double

Sea View Luxury Suite.

LUXURY SUITE

The largest suite, comprising three rooms including a spacious bedroom with super king-size bed and a separate lounge area with double sofa bed, desk, chair, silent fridge, and coffee table. Both rooms are bright and south-facing with balcony access via French doors. The en-suite includes a dressing area, roll-top bath, separate shower, WC, and wash hand basin.

GOTHIC SUITE

A charming two-room suite featuring a king-size bedroom and lounge area with seating, desk, chair, silent fridge, coffee table, and French doors to the balcony. The en-suite includes a bath with shower over, WC, and wash hand basin.

DELUXE SUITE

A flexible three-room suite with super king-size zip-and-link bed and lounge area, popular with families. The en-suite includes a roll-top bath, separate shower, WC, and wash hand basin.

JUNIOR SUITE

A well-appointed two-room suite featuring a king-size bed and lounge area with seating, desk, chair, and coffee table. The en-suite includes a shower, WC, and wash hand basin.

LINEN ROOM

A practical storage area with extensive shelving for linen, cleaning products, and equipment.

OFFICE / STUDY

A bright room currently used by the owners, benefiting from a large rear-facing window.

SEA VIEW SUITE

A stunning three-room suite with expansive views across the bay, comprising a king-size bedroom and lounge area. The en-suite includes a dressing area, bath with shower over, WC, and wash hand basin.

OWNERS’ ACCOMMODATION

Includes a spacious ground floor double bedroom with en-suite shower room, additional lounge/office space, office area, cloakroom, inner hallway with storage and independent access, and a utility room with laundry facilities.

OUTSIDE

The property benefits from a striking Victorian façade and a newly laid resin-bonded driveway providing secure off-road parking within a walled and gated setting.

To the rear is a private terrace and secluded seating area, together with pedestrian rear access. The property also benefits from the option to rent a separate three-car garage/workshop at modest cost.

BUSINESS WEBSITE
www.ascothousetorquay.co.uk

SERVICES
Mains electricity, gas, water, drainage, broadband, and telephone are connected. None of these services have been tested by the agents, Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)

FIXTURES AND FITTINGS

All trade fixtures and fittings except for 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 agents, Ware Commercial.

TENURE

Freehold.

VIEWINGS
Strictly by appointment via the sole agents, Ware Commercial.
Tel: 01803 328880 or 01392 462266
Email: [email protected]
Website: www.warecommercial.com

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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.

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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.

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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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