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Elegant Victorian Guest House With 18 Bedrooms In Torquay For Sale

Torquay, Devon, UK
Asking Price:
£1,275,000
Turnover:
Available on request
Net Profit:
Available on request

Sheer Opulence
An elegant Victorian 18 well-appointed bedroom guest house for sale, sitting within an acre of grounds. It benefits from a lovely large swimming pool, car park, gardens with potential for development, spacious 3-bedroom owners’ accommodation, 2 x additional one-bedroom apartments (one is used for storage) and stunning large ground floor reception rooms with high ceilings and large windows, which would elicit a "wow" factor response from any guest. This turn-key business has been operated for many years by the current owner and will come with comprehensive handover/training to ensure a smooth transition and continued success. Early viewings are highly recommended.

LOCATION

Located in an enviable tree-lined sought-after area of Torquay, Devon, it is within walking distance of the harbour, beach and town centre. Torquay is one of the UK's most popular holiday destinations, with good year-round trade. It is only a short distance from Dartmouth and equidistant to the cities of Plymouth and Exeter, with its international airport, mainline train station, and M5 motorway. Situated in the lower Chelston area of Torquay, Devon, a quiet, leafy residential area conveniently located close to shops and amenities.

BUSINESS

The business has been successfully owner-operated for over 24 years, during which period the property has been maintained to an overall good standard. They have nurtured an excellent reputation and subsequently, because this must be one of the most beautiful Victorian Villas in Torquay, it could easily be turned into a high-end boutique establishment. Given the size of the building and grounds, it could easily be repurposed for many uses and our client would consider a sale subject to planning. There is potential to operate a restaurant or even provide cream teas due to the lovely outside terrace, spacious gardens, dining room and well-equipped kitchen. However, the business now operates strictly on a bed and breakfast basis only and trades below the VAT threshold. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION COMPRISES

Entrance and large double doors to

VESTIBULE

2.15m x 2.30m

A beautiful light and airy entrance lobby with glazed doors to

RECEPTION FLOOR

HALLWAY / RECEPTION (L-shaped)

6.45m x 3.93m, 4.51m x 2.01m

A welcoming ‘wow’ factor large entrance reception space with a bespoke counter, wall art, lighting, ornate chandeliers, turning staircase to upper floors and doors to

LOUNGE / BAR

9.24m x 6.75m

A fantastic large space with a fireplace, 2 x bay windows to the front, bespoke bar and glazed door decked terrace to the front of the property.

CONSERVATORY

Entrance either from the lounge/bar or from the hallway. A lovely bright room with a bank of windows to the side and front of the property, overlooking the gardens.

DINING ROOM (L-shaped)

A vast space with windows to two sides of the property and 16 x table and chairs together with an extensive breakfast bar.

ACCOMMODATION COMPRISES

LETTING ACCOMMODATION

All rooms have recently been decorated to a high standard. They all feature furniture and are equipped with good En-suite facilities. The high standards of the rooms are complemented with up-to-date equipment including LCD Digital Freeview TVs, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.

FIRST FLOOR HALF LANDING

2 x double bedroom units

1 x single bedroom unit

FIRST FLOOR

4 x double bedroom units

1 x twin bedroom unit

1 x single bedroom unit

SECOND FLOOR HALF LANDING

2 x double bedroom units

SECOND FLOOR

6 x double bedroom units
1 x single bedroom units

APARTMENT (Granny Annexe)
This is a self-contained one-bedroom apartment comprising of 1x double bedroom, lounge, kitchen, bathroom and is accessible either via the hotel's hallway or independently with its own door to the rear.

OWNERS’ ACCOMMODATION

The owner has extensive accommodation on the ground floor which comprises of 3 x bedrooms, lounge, kitchen, family bathroom and a further one-bedroom flat which was used by extended family in the past. Currently, this flat is used for storage only. The accommodation is accessed either from a door on the reception floor or with its own entrance to the side of the property.

Also on the ground floor, there is a boiler room, utility room with a newly installed gas boiler, storage rooms and an additional lounge on the reception level which is used as a day lounge and located conveniently behind the reception desk.

OUTSIDE
The whole plot is approx. one acre and to the front is a large deep terrace which spans the width of the property and overlooks the gardens, swimming pool and the car park beyond. To the rear of the property is a courtyard and an oversized double garage and because of its size would be converted to a one-bedroom cottage, workshop or even additional Airbnb letting units.

PARKING
There is a tarmacked car park for approx. 20 vehicles and a further car park to the side with an additional 4/5 spaces.

WEBSITE
www.elmington.co.uk

PLANNING
Currently, the property benefits from C1 status (hotel and guest accommodation) however, because of its size and flexibility, this could be repurposed for redevelopment, school, HMO and our client would consider an offer subject to planning.

FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE
Freehold

Property Information

Property:

Freehold