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7-letting room Guest House in Paignton Devon

Price:
Freehold - £449,950
Turnover:
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Seller Ref:
2641
Location:

Devon, Paignton

Business Type:

Hotels

See Other:
Bed & breakfasts for sale in Devon
Guest houses for sale in Devon
Hotels and motels for sale in Devon
Hotels for sale in Devon
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular 7 bedroom guest house, which was established in 1999 and which has been in our clients' careful hands since 2003. The business is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £46,000 per annum with a gross profit of 73%, derived from offering bed and breakfasts only. The business is closed between October and March of each year giving a new owner the opportunity to increase turnover by opening all year round. There is also scope to offer evening meals if desired. The guest house has been maintained to a very high standard throughout and boasts excellent reviews on various travel websites. The business benefits from its own web site with on-line booking facilities and information about the guest house and surrounding area. There is a spacious owners' apartment and parking for approximately 9 vehicles. We feel this represents an ideal opportunity to acquire a quality guest house, finished to the highest of standards and in such a sought after location. Early discussions with Preferred Commercial must come highly recommended.
Location Details:
Two Beaches Guest House is ideally located on St Andrews Road in the heart of Paignton in Devon. The business is surrounded by complementary hotels and guest houses in this popular tourist area. The guest house is centrally located, just a short walk from the beach and marina, which lies approximately a third of a mile away, and close to all the resort's amenities. Paignton is a popular holiday destination, situated approximately 3 miles south of Torquay and easily accessible by road, via the A380 or by rail, with the station within easy walking distance. Paignton lies on the 'English Riviera', known for its sunny weather and wide sandy beaches.
Trading Hours:
March - October
Accommodation:
Substantial semi detached property, tastefully extended to offer a spacious guest house. All bedrooms have en-suite facilities. Briefly comprising: Ground Floor • Main entrance to large lobby and hallway • Room 1: Twin room • Room 2: Double room • Bar/lounge/breakfast room with bar servery, • Large guests' lounge • Dining area • Kitchen • Utility/laundry room First Floor • Owners' double bedroom • Owners' kitchen, lounge and diner • Room 6: Double room • Room 5: Family room • Room 4: Family room • Room 3: Double room Second Floor • 2 x Owners' double bedrooms • Room 7: Double room External • Off road parking • Garden area with patio • 2 x garden sheds
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