CONFIDENTIAL
FOR SALE
653906
Exceptional opportunity to own a charming bed and breakfast located in the heart of Paignton, Devon. This well-established guest house has been operating for over 40 years and offers a unique lifestyle alongside a profitable business venture. The property features nine tastefully furnished bedrooms, eight of which are en-suite, with one equipped with a private shower and WC. Spanning three floors, the establishment is both inviting and practical, featuring a stairlift for easy access to the first floor and a spacious lounge diner capable of accommodating up to 16 guests.
The large kitchen is fully equipped with modern appliances, complemented by a dedicated laundry and wash-up area at the rear of the property. For owners, there are two comfortable bedrooms and a separate shower room and toilet, all nestled in a pleasant back yard perfect for drying laundry or enjoying the outdoors. Furthermore, parking is available for two vehicles at the front of the property, enhancing convenience for both guests and owners alike.
Situated just two minutes from the beach and railway station, and one minute from the town centre, the location is ideal for attracting visitors. The vibrant area boasts a myriad of amenities, including a variety of pubs, restaurants, a cinema, and a theatre, alongside children’s play parks and the beautiful harbour, all within easy reach.
A Turnkey Operation
This well-furnished guest house is not only in 'walk-in' condition but also benefits from a well-presented and well-maintained interior. The property has been refurbished thoughtfully, ensuring it meets the highest standards. The versatile layout offers numerous options for guests and can accommodate a range of uses, making it an ideal investment for those looking to step into the hospitality sector without delay.
Included in the Purchase
The sale includes a valuable inventory of fixtures and fittings, making this an attractive proposition for prospective owners. Training opportunities will be offered to ensure a smooth transition and continued success. Unfortunately, the current owner is selling due to illness and retirement, presenting a unique chance for newcomers to dive into this vibrant community and carry on its legacy.
Arrangements for viewings can be made upon request, allowing interested parties to experience firsthand the welcoming atmosphere and family environment that this establishment provides. With the potential for year-round operations and a reputation for quality, this bed and breakfast in Paignton stands as an enticing investment opportunity for anyone passionate about hospitality.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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