SOLD
01/09/25
3219
Redholme / Rightbiz
A beautifully presented detached Victorian property, formerly a successful guest house with six letting bedrooms, now available for sale. Perfectly located just a stone’s throw from Torquay’s picturesque harbour and seafront, this versatile home offers the rare chance to enjoy an enviable coastal lifestyle—whether as a thriving guest house or as a magnificent private villa by the sea. In superb condition throughout, the property combines character with comfort. It features ample parking, a spacious dining room, welcoming lounge, and a delightful front garden filled with mature shrubs, palm trees, seating areas, and a sun-drenched terrace—perfect for relaxing outdoors and soaking up the Riviera atmosphere.
LOCATION
The guest house is situated in a fantastic, elevated position and is reluctantly being placed onto the open market because of poor health. Currently, the business is not trading, but this could be easily changed. Whilst this guest house is no longer trading, it could be effortlessly repurposed back into a thriving business once again. Torquay is one of the UK’s most popular holiday destinations, with good all-year-round trade. It is only a short distance from Dartmouth and an equal distance to the cities of Plymouth and Exeter – with its international airport, mainline train station and M5 motorway. Situated off Torwood Street, it is just a short walking distance from the picturesque Marina and Harbour of Torquay and a level walk along the esplanade, with lovely views over Torbay to Paignton and Brixham. Within a short walk is the main shopping precinct, Princess Theatre and the Riviera Convention Centre.
BUSINESS
Redholme Guest House traded successfully until 2023, when poor health forced our client to close the business for the whole summer season. However, for many years, the business enjoyed a high level of repeat custom and was much liked by visitors and locals alike. During this time, they only traded with four letting rooms due to lifestyle choice but could easily trade on 6/8 en-suite rooms, depending on how much owners’ accommodation is required. It traded only by a husband-and-wife team without needing any staff, and we, the agents, feel that there is tremendous scope to trade successfully again and take advantage of the fantastic location, quality accommodation on offer and open for business within a week or two. Historical trading accounts can be made available following a successful formal viewing.
All necessary equipment is included, allowing new owners to begin trading immediately if desired. The owners’ accommodation is equally impressive, offering three generous bedrooms with stunning views, along with a private lounge, dining area, garden space, and more. Whether entertaining family and friends or simply enjoying peaceful moments by the coast, this residence is designed to make the most of its exceptional setting.
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.
SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken 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)
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
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