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Exceptional B And B Trading Spot Owners Apartment For Sale

Torquay, Devon, UK
Asking Price:
£695,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Available on request

Outstanding Bed & breakfast business in a prime trading spot, close to the Seafront and central within the tourist hub of Torquay.

Southbank Townhouse offers 10 luxurious guest rooms, including 2 Guest Suites, and has undergone a total remodel and refurbishment.

The property is a shining example of luxury & style from the moment you enter the hallway, through the breakfast rooms, which follows though into the luxurious & spacious letting bedrooms

This stylish bed & breakfast offers 10 en-suite letting rooms, which are well presented and fitted with beautiful furniture, located across the ground, first and second floors. The entrance through the hall and into the breakfast/dining rooms is fabulous, with stylish décor and fittings to complement the surroundings. A licensed premises with a bar and a front terrace in a prime spot

This profitable business is especially unique with a superb self-contained apartment offering three bedrooms & two bathrooms, for the owners to enjoy. The space has been re-modelled, offering an open plan living area, with spacious lounge/dining room and kitchen, plus three good size bedrooms - the master en-suite with a copper bath tub and separate walk in shower. The space doesn’t end there, with a laundry area and garage to the basement Southbank Townhouse is the property which keeps on giving

The location is superb for business, simply the first area to get bookings, due to the proximity to amenities, eateries and the seafront. Well located in Torquay, part of the beautiful English Riviera, where holidaymakers flock in to visit the 22 miles of stunning beaches, and the vast array of tourist activities, which are a great draw throughout the year.

The current owners have run the business efficiently, making good profits and, even with closures due to the renovations, their trading history has seen a turnover around £130,000 per annum and has the capability of running on a turnover above £200,000 pa through a full year trading

With many excellent reviews over the years Southbank Townhouse attracts a good client demographic and, due to the location, modern style, & spacious room sizes, above average nightly rates are achieved.

• Impressive property, located in the heart of the tourist hub & close by the seafront in Torquay,
along with the many amenities, eateries and tourist attractions

• 10 en-suite Letting Bedrooms, covering a range of sizes with suites, king, double and one single
• Outstanding Owners accommodation; Self-contained apartment, with 3 generous bedrooms,
Master en-suite with copper bath tub and open plan living with private kitchen area (currently
being completed)
• Parking to rear, Garage and ample ancillary & storage areas
• Profitable business with turnover of circa £130,000 pa (during renovation works) and
tremendous potential for increased trading to over £200,000 pa

Agents Notes: Southbank Townhouse is an exceptional example of a character property having undergone total refurbishment, sympathetic to the period, yet re-modelling the space to ensure an attractive venue for paying guests and quite unique, self-contained three bedroom owners apartment

Ring now to arrange viewing through business change

Further sales particulars and floor plans are available from the sole selling agent

Property Information

Property:

Freehold

Living Accommodation:

Exceptional self contained three bedroom apartment

Location:

Prime Tourist Hub in Torquay & near the seafront

Premises Details:

Outstanding

Energy Performance Rating:
D

Business Operation

Expansion Potential:

Huge potential for building the business

Reasons for selling:

Genuine and personal reasons for sale

Other Information

Website:
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Home based:
This business can be run from home.

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