10 Letting Room Guest House in Paignton Devon
Price:
Freehold - £550,000
Location:
Devon, Paignton
Preferred Commercial is pleased to offer for sale this 3-storey guest house, which has been in our client's hands since 2007 and which is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £85,000 per annum with a gross profit of 85%. The business currently trades as bed and breakfast accommodation and offers 2-bedroom private owners' accommodation. The business boast 10-letting rooms, which are finished to a high standard and all have en-suite facilities. Our client has formed an excellent reputation and a loyal customer base, which ensures much repeat trade. The guest house currently has a website in place, which provides information on location, facilities and contact details. We feel that turnover could be increased by introducing a modest marketing strategy and to introduce a lunchtime and evening menu for guests, and perhaps the local population. This is an ideal and rare opportunity to acquire a profitable business, which is well-equipped and in a 'walk-in-and-trade' condition. Early negotiations with Preferred Commercial must come highly recommended.
The Seaways Guest House is ideally located in a popular seaside holiday resort of Paignton in Devon. The business is positioned on a 3-way junction, the B3201, and is surrounded by similar businesses. The guest house benefits from nearby shops and restaurants and boasts spectacular sea-views, which overlooks the south coast of this renowned holiday destination. The beach and the harbour are just minutes away from the guest house, and Torquay is less than 3 miles away, which also offers a large variety of amenities and tourist activities to visit. There are regular buses running through the area and Paignton Railway Station and the coach station are within easy walking distance. The location makes an ideal choice for family holidays, quiet breaks, and weekend getaways.
A substantial 3-storey property, located in a prime position, overlooking spectacular seaside views, situated in a popular seaside resort. Briefly comprising:
Lower Ground Floor
• Spacious owners' studio accommodation with twin beds, wardrobes, sofa and TV viewing area, and en-suite facilities
Ground Floor
• Owners' accommodation 2: with 2 x double bedrooms, lounge area, family bathroom, shower, and WC
• Well-equipped commercial kitchen
• Bar area with tables and chairs, serving counter, optics and shelves and electronic cash register
• Dining room with tables and chairs for 20 covers
• WC
• Conservatory which overlooks the rear yard
• Twin bedroom with en-suite facilities
• Single bedroom with en-suite facilities
First Floor
• Twin bedroom with en-suite facilities
• 4 x double bedrooms with en-suite facilities
Second Floor
• 3 x double bebrooms all with en-suite facilities
External
• Front decking area with seating for guests
• Parking for approximately 3
North Yorkshire
£ 750,000
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