Bed & Breakfasts for sale in Torquay

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I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Freehold Price: £565,000
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Business Description
This beautiful period 14 bedroom guest house, presently trading as 12 rooms and offers purchasers the option to expand. The Southbank has undergone a continuous programme of improvements by the current owners, and has a contemporary feel running throughout the guest areas and bedrooms. Large outside deck area to the front of the property for guests to make the most of the summer evenings adds to the Southbank’s charm. The business has a 3 bedroom owner’s apartment and guest parking to the rear. Situated on Belgrave Road being one of the main arterial roads to the seafront and wonderful beaches that Torquay is renowned for....

LOCATION
Southbank is on Belgrave Road right in the very centre of the main tourist area of Torquay, which is an outstanding tourist destination. Nearby attractions include the main beach, Torre Abbey, Princess Theatre, The Riviera Conference Centre, marina and harbour, as well as Living Coasts. Torquay is easily reach by both rail and road and has links to the cathedral city of Exeter with its international airport.

BUSINESS
Currently owner operated for 12 years with part time assistance during the main summer months. During their time at the property they have carried out an extensive refurbishment programme and this along with their experience in the trade has helped them manage to maintain an excellent turnover. The Southbank is currently run as a bed and breakfast, but could be run as full board to help increase the robust turnover. Full trading accounts will be made available following a successful formal viewing.

ACCOMMODATION

Rising steps into Double Glazed entrance conservatory with glazed double doors into:

HALL
With doors to reception rooms, bar and stairs to other levels

BAR
13”8 x 11
Overlooking the decked terrace with a bespoke bar with shelving, bottle fridge, tables and fitted seating.

GUEST LOUNGE/ PRIVATE LOUNGE
14”8 x 13
With windows to the front of the property, high ceiling, feature living flame gas fire and period surround.

Stairs to:

LOWER GROUND FLOOR

DINING ROOM
Set into 3 areas, with tables and chairs providing covers for approximately 32 people.

AREA 1
15”9 x 10”5
With archways to:

AREA 2
13”6 x 10”6

AREA 3
8”6 x 10

KITCHEN
With fitted base and wall mounted units, range of stainless steel worktops, deep set sink with drainer, electric cooker and double oven, deep fat fryer, plate warmer, electric grill, fridges and freezers and hand wash basin

LAUNDRY/STORES
With Plumbing for washing machine and space for tumble dryer, storage shelving and ice machine.

LETTING ACCOMMODATION
Set out over, ground, first and second floors. All 11 trading rooms are en-suite, with TV, tea and coffee tray. Our clients choose to only trade 11 rooms for life style reasons enabling and prospective purchaser the opportunity to expand the business and potential revenue returns if so desired and comprise of:

2 Superior King size rooms
3 Superior Double rooms
2 Superior Family rooms
3 Double rooms
1 Large single room
2 Single rooms
1 Family rooms

OWNERS ACCOMMODATION
Located on the ground floor with private access from car park
LOUNGE/OFFICE
DOUBLE BEDROOM
2 SINGLE BEDROOMS
BATHROOM
with bath and shower over, WC and wash hand basin
DOUBLE LENGTH GARAGE

OUTSIDE
Southbank is situated on a corner plot with direct pavement access to Belgrave road, to the front there is a large decked patio terrace with table and chairs. To the rear there is guest parking for up to 10 cars in a tandem arrangement and private access to owner’s accommodation.

FIXTURES & FITTINGS
Trade fixtures and fittings, equipment, land and buildings with the exception of the vendor’s private inventory will be included in this freehold sale. Full inventory will be provided prior to exchange of contracts

SERVICES
Mains electricity, gas, water and drainage are all connected, however no testing of these services has been undertaken by the agents Ware Commercial

BUSINESS RATES
Please make your own enquiries with the local Valuation Website (VOA) at www.voa.gov.uk

TENURE
Freehold

VIEWINGS.
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. 01803 328880 Email. info@warecommercial.com www.warecommercial.com
Tenure: Freehold

Listed by: Ware Commercial
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Southbank3486
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