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A Well Presented Bed & Breakfast In Paignton For Sale

Paignton, Devon, UK
Asking Price:
£345,000
Turnover:
Available on request
Net Profit:
Available on request

The property comprises a mid terraced bay fronted building, with accommodation arranged over three floors. There are nine guest letting rooms all benefitting from private en-suite facilities and equipped with modern furnishings, tea and coffee making facilities and flat screen televisions.

There is spacious owners’ accommodation on the ground floor, which offers a private lounge (formerly used for guests as a bar lounge), two bedrooms, both with en-suite shower rooms.

The Barbican offers a great opportunity for those looking for a well established Bed & Breakfast in a great location. The property has been in the same ownership for 21 years and the current owners are now seeking retirement.

Internal viewing is essential to appreciate the size and quality of accommodation on offer and can be arranged by prior appointment with the Agents.

Property Information

Property:

Freehold

Location:

The Barbican is located in one of Paignton's prime holiday letting locations, a short level walk from Paignton green and the seafront, in addition to Paignton town centre where other local amenities (including shops, bars, restaurants, cafes, cinema and main car parks) are easily accessed.

Premises Details:

The accommodation briefly comprises:-

GATE
To:-

Decked front sun terrace
With outside seating and various plotted plants.

Front door
Opening to:-

Porch
With door to:-

Entrance hallway

Dining room
With covers for 20 at individual wooden tables and matching chairs. Feature fireplace and curtain rail hiding sliding door to owner’s lounge (Formerly guest lounge and bar).

Kitchen
Good working area with newly fitted range of modern base and wall mounted cabinets, dishwasher, washing machine, double gas oven with 8 ring gas hob and extractor hood over. Double fridge freezer and various other kitchen utensils.

Owners accommodation

Owners lounge
A spacious room with corner bar area, can be accessed via the main ground floor hallway or from a hidden door in the dining room. The room was formerly a guest lounge and bar, but the current owners (due to lifestyle choices) wanted to increase their private accommodation.

From the kitchen there is a door to:-

Additional owners sitting room
With doors off to:-

Two double bedrooms
Both benefitting from smartly appointed en-suite shower rooms, with WC, wash hand basin and double shower cubicles.

Stairs from the ground floor hallway lead to:-

First floor half landing
With WC and wash hand basin. (Formerly used for the bar).

Linen cupboard
With a range of wooden shelving and washing machine/dryer.

Bedroom 1
Double room.
En-suite shower room
With WC and wash hand basin.

Four steps from the half landing lead to:-

First floor landing

Bedroom 2
Double room.
En-suite shower room
With WC and wash hand basin.

Bedroom 3
Double room.
En-suite shower room
With WC and wash hand basin.

Bedroom 4
Twin room.
En-suite shower room
With WC and wash hand basin.

Bedroom 5
Double room.
En-suite shower room
With WC and wash hand basin.

Stairs from the first floor landing lead to:-

Second floor landing

Linen store cupboard
With built in wooden shelves.

Bedroom 8
Family room.
En-suite shower room
With WC and wash hand basin.

Bedroom 9
Family room.
En-suite shower room
With WC and wash hand basin.

Bedroom 7
Twin room.
En-suite shower room
With WC and wash hand basin.

Bedroom 6
Double room.
En-suite shower room
With WC and wash hand basin.

The business
The business has been operated by the current owners for over 20 years. They are now seeking retirement, by choice they currently choose not to advertise on booking websites and rely on repeat returning guests and word of mouth.

Their current tariff is set at £30 per person, per night to include breakfast.

Accounting information can be obtained by the agents following a formal viewing.

Rateable value
2017 List: £5,300.
Please note this is not Rates Payable. 100% Small Business Rate Relief will be available to eligible parties. Interested parties are advised to make their own enquires with the Local Billing Authority, Torbay Council.

Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owner’s personal effects.

EPC Awaited

Council tax band a

Viewing
Viewing is highly recommended and can be arranged by prior appointment with Bettesworths.

Other Information

Related Documents:

Contact Bettesworths

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