Bed & Breakfasts for sale in Paignton

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Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £350,000 Price Reduced
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Business Description
EXCEPTIONAL 7 LETTING ROOM GUEST HOUSE - DEVON
Early viewing is essential to fully appreciate
Situated in the bustling town of Paignton
3 bedroom owners' accommodation
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
FREEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this superb guest house which has been established since 1919 and has been in the careful hands of our clients since 2005. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our clients took ownership of the business they have informed us that due to their ill health, they have been unable to run the business to its full potential, however they have maintained a steady stream of regular customers and as demand is high for the services of this business, a new hands on owner operator would be able to increase trade in a relatively short period of time. The guest house is extremely popular due to its' location in the business district and its forward bookings run well into 2014. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Tenure: Freehold

Accommodation Details:

Well presented 3 storey property, briefly comprising: GROUND FLOOR Secure entrance leading to: Reception/welcoming area Guest lounge Breakfast room with ample dining tables & chairs for approximately 16 covers Fully fitted kitchen Owners' Accommodation Lounge Kitchen 2x double bedrooms 1x single bedroom Bathroom FIRST FLOOR Guest bedroom - Twin room with en-suite Guest bedroom - Double room with en-suite Guest bedroom - Double room with en-suite Guest bedroom - Single room with en-suite SECOND FLOOR Guest bedroom - Double room with en-suite Guest bedroom - Double room with en-suite Guest bedroom - Single room with en-suite EXTERNAL Parking to the front & rear for a total of approximately 6 vehicles

Location Details:

This superb guest house is located on a quaint cul-de-sac just outside the town centre of Paignton. This sought after trading position contains a wealth of complimentary shops and businesses as well as some excellent schools, leisure facilities and the renowned conference centre. Paignton, part of Torbay which is in Devon, is famed for its blue flag sandy beaches and is a popular destination for visitors and holiday makers who have been flocking to the area, particularly during the summer months since Victorian times to enjoy the towns many attractions as well as the stunning rolling countryside of near by Dartmoor. It also enjoys its own micro climate making it one of the warmest places in the UK. The town is easily reached by the M5 motorway which is accessed at the nearby city of Exeter.

Listed by: Meridian Business Sales Limited
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