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A Beautiful, Boutique-Style Guesthouse For Sale

Torquay, Devon, UK
Asking Price:
£549,500
Turnover:
Available on request
Net Profit:
Available on request

THE BEST OF BOTH WORLDS

The Hillcroft is a boutique-style guesthouse situated in the very heart of Torquay. This is an amazing opportunity to acquire one of Torquay’s highly prized and impressive boutique hotels, presented to a high standard overall. Offering 4 stunning luxury rooms and 2 luxury suites (one one-bedroom, one two-bedroom), with a south-facing garden to the front, ample parking provided and flexible 1- or 2-bedroom accommodation for the owners. This is a ‘must-see’ turn-key business which enjoys great customer feedback and repeat business. Early viewings are highly recommended.

LOCATION

Hillcroft is situated centrally, within minutes’ walk to the town centre, the harborfront, and a short distance to the train station and bus routes. While conveniently located near restaurants and shops, it enjoys a quiet and tranquil setting. Torquay continues to be a much sought-after, year-round coastal destination, ideally positioned to access all main arterial roads linking Plymouth and Exeter with the international airport, mainline railway, and M5 motorway.

BUSINESS

Hillcroft has been trading successfully with a husband-and-wife team on a scaled-back basis due to early retirement. However, due to its high standard and attractive, sought-after accommodation, room rates vary between £75 and £150 per night, generating good turnover and net profit. Trading strictly on a bed and breakfast basis, we, the agents, feel there is great scope for increased profit with a dynamic marketing strategy, utilizing all letting rooms or creating kitchenettes in the luxury one- and two-bedroom suites, which would broaden the offering and, importantly, reduce the workload due to self-contained letting potential. Altogether, this would create improved turnover and subsequent profit for the new owners. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION

Comprises:

Entrance is via an enclosed walled garden to the front and a large main front door leading to a vestibule with tiled floors.

Leading into:

A welcoming, beautiful space with a turning staircase to the upper floors and doors leading to:

BAR LOUNGE

4.21m x 4.27m

A lovely room with a bespoke timber top bar, extensive shelving on the back walls and comfortable furnishings enable customers to relax.

DINING ROOM

6.33m x 4.23m

A stunningly beautiful space with 5 tables and chairs for 12 covers. Featuring a fireplace, chandelier and a large bay window at the front, this area is very spacious, light and airy.

KITCHEN

4.71m x 3.45m

A newly installed, modern kitchen comprehensively equipped with an array of wall and base-fitted units and all the latest gadgets to make light work of any food preparation. There is ample worktop space, along with space for a table and chairs. The large window at the front creates an ideal bright and airy working environment.

OFFICE

3.77m x 2.41m

Ideally situated next to the front door, accessible via the owners' private accommodation, and benefiting from dual-aspect windows at the front and side of the property,.

LETTING ACCOMMODATION

The guest house offers a unique collection of themed rooms and private suites in a boutique style. The 2 private suites include separate bedrooms and sitting rooms with flat-screen smart TV. The King Style rooms have king-size beds and widescreen HD smart TVs. Comprehensive free WiFi is offered to all residents, along with hospitality trays, toiletries, hairdryers, dressing tables, bedside tables, chest of drawers and wardrobe facilities.

GROUND FLOOR

LOMBOK SUITE

A double room with a king-size bed. The En-suite comprises a bath with a shower over, WC and wash hand basin. The bedroom has a window overlooking the rear.

INDIA SUITE

A double room with a king-size bed. The En-suite comprises a shower, WC and wash hand basin. Interconnecting door to the private lounge, which has comfortable seating, a coffee table and a window at the front. (This suite could easily incorporate a small kitchenette to create a self-contained apartment).

FEATURE BATHROOM

A stand-alone feature bath and shower over, WC and wash hand basin.

(This could be incorporated into the India Suite's lounge to create a further bedroom).

UTILITY ROOM

3.30m x 2.34m

A large room with ample space for washing machines, tumble dryers and general storage.

FIRST FLOOR

BALI SUITE

A double room with a king-size bed. The ensuite comprises a shower, WC and wash hand basin. The bedroom has a window at the front of the property that looks over Torquay town.

MOROCCO SUITE

A double room with a king-size four-poster bed. The bedroom has an ornate timber-framed fireplace and a feature vanity unit and the ensuite comprises a shower and WC. The bedroom has a window at the front of the property.

TUSCANY

A double room with a king-size bed. The En-suite comprises a shower, WC and wash hand basin. The bedroom has a window at the front of the property, benefiting from open views.

STORE

3.65m x 2.15m

A large walk-in store with ample shelving and storage for all the linen, vacuum cleaning equipment, cleaning products, and accessories for the rooms.

SECOND FLOOR

PROVENCE SUITE

This is a penthouse suite on the top floor, which could easily have a kitchenette installed to create an additional option for a self-contained apartment for holiday, Airbnb, or long-term letting.

BEDROOM 1

A double room with a king-size French Ormolu bed. The bedroom has a window with far-reaching views over the rear of the property.

BEDROOM 2

A Twin-bedded room with two single beds and a feature wash hand basin. The bedroom has a window at the front with far-reaching views.

LIVING ROOM

A beautiful room with comfortable seating, a coffee table and a window at the front with far-reaching views.

FEATURE BATHROOM

Spacious, with a feature bath, shower unit over, WC, wash hand basin, slate walls and a window at the rear.

OWNERS’ ACCOMMODATION

The private 1- 2-bedroom owners' accommodation could be accessed either via the vestibule on the reception level or to the rear at the lower ground floor level.

DAY LOUNGE / BEDROOM

3.53m x 2.42m

An ideal large room on the ground floor of the reception is currently being used as a recreational room but could easily be used as an additional bedroom for owners. This large room has a window overlooking the rear of the property.

LOUNGE

3.83m x 3.10m

Window to the side.

BEDROOM

5.12m x 2.75m

Window to the side.

Turning staircase down to:

BATHROOM

A large bathroom with a shower, WC, and wash hand basin.

Glazed door and window to the side.

OUTSIDE

To the front of the property, there is an attractive enclosed south-facing garden.

STORE / HOBBY ROOM

4.20m x 2.95m

This room is situated to the rear of the property and houses the central heating boiler, making it ideal as a workshop/storage space.

PARKING

While the guest house has its own private parking for approximately 3–4 cars, they also have licensed additional parking opposite the hotel for all visitors.

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment, land, and buildings, except for the vendor’s private inventory, will be included in this freehold sale. A full inventory will be provided.

SERVICES

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 on the local Valuation Office Agency (VOA) website at www.voa.gov.uk.

TENURE

Freehold

VIEWINGS

All viewings are by appointment through Ware Commercial.

Property Information

Property:

Freehold