Hotels and Motels for sale in Paignton

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Colin Morley (October 2016)
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Freehold Price: £475,000
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Business Description
A Thriving Guest House in a Prime Sea Front Location. Excellent Standard of Presentation Throughout (3 Star Rating). 10 Letting Bedrooms. Two Separate sets of Owners Accommodation.

DESCRIPTION
The Seaways Hotel is situated at the far end of the Esplanade, just as it turns into Sands Road where it overlooks Paignton Seafront with Its Green and Beach, with the Torquay waterfront in the far distance. This is a wonderfully prominent position, ideally situated for “pick-up trade” as well as being centrally located within easy level walking distance of Paignton harbour, the beach town centre and other amenities of this South Devon resort.

The property is very well maintained and appointed with an excellent standard of furnishings and décor in keeping with its 3 Star visit Britain classification. The guest bedrooms are well proportioned with generously spacious en-suite shower rooms. The Dining Room and Bar Lounge enjoy the splendid sea front view, as do several of the letting bedrooms, and open out onto an attractive terraced making this ideal for owners wanting to boost income by offering Tea Room services to non-residents.

For the owners, there are several possible permutations to the private accommodation, depending on individual needs, with the accommodation on offer useable by two generations.

The business, which has been in its present ownership since 2007 is family managed with some part time assistance during the peak season, offering mainly bed & breakfast they generate turnover which is kept just below the VAT threshold level. The location and the Terrace are ideal for those wishing to increase turnover by offering services to Non-residents. Accounting figures can be made available to seriously interested applicants.
Tenure: Freehold

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Listed by: Bettesworths
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