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Victorian Guest House on Devon Coast

Price:
Freehold - £459,999
Turnover:
Register to view
Seller Ref:
2595
Location:

Devon, Torquay

Business Type:

Hotels

See Other:
Guest houses for sale in Devon
Bed & breakfasts 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 guest house, which was established in 1985 and which has been in our client's careful hands since 2006. The guest house is only now offered to the market due to our client's wish to retire. The business trades all year round and generates a turnover in the region of £40,000 per annum with a gross profit of 80%. Fleurie House offers 7-letting rooms with en-suite facilities, which are finished to a high standard throughout, along with a breakfast menu. We feel the turnover could be increased by embarking on a modest marketing campaign. The business is highly rated by guests and received a 4-star rating from the English Tourist Board. The guest house enjoys a loyal customer base and receives much repeat trade and word of mouth recommendations. There is a website in place advertising services and accommodation provided, which we feel could benefit from online booking facilities. The premises are well-equipped to suit the trade with a guest lounge, breakfast room and kitchen. There is the potential to increase the turnover by offering lunch and evening menus. The premises also boasts owners' accommodation with a lounge and a double bedroom with en-suite facilities. This is an ideal opportunity to acquire an already popular guest house with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Fleurie House occupies substantial 3-storey Victorian premises, ideally located in the affluent town of Torquay, Devon. The premises enjoy a prominent trading position on a busy road on the outskirts of the town centre. There is ample private parking and there are numerous bus stops and 2 railway stations within easy walking distance. Torquay is a large town which is popular with tourists, and has many attractions and amenities including Kents Caverns, the Living Coasts and Paignton Zoo. The town is an ideal base for tourists to explore Dartmoor National Park. The business boasts easy access to the A-road network including the A3022 and the A380, while the M5 lies approximately 17 miles away. Paignton lies 3 miles to the west and Exeter lies 20 miles to the north.
Trading Hours:
All year round
Accommodation:
Substantial 3-storey guest house premises with 7-letting rooms and 1-bedroom owners' accommodation. Briefly comprising: Ground Floor • Entrance hall • Guest lounge • Breakfast room • Room 1: double with en-suite • Room 2: double with en-suite • Kitchen • Laundry room First Floor • Room 3: double with en-suite • Room 4: double with en-suite • Room 5: double with en-suite • Room 6: double with en-suite • Room 7: family bedroom with en-suite • Bathroom with bath, WC and wash hand basin Lower Ground Floor • Owners' accommodation with lounge and double bedroom with en-suite External • Decked terrace garden • Parking for up to 4 vehicles
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