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Exceptional Bed & Breakfast In A Fabulous Location For Sale

Torquay, Devon
Asking Price:
£625,000
Turnover:
Available on request
Net Profit:
Available on request

This deceptively spacious Detached Hotel is offered for sale as a well presented property and a long-established business. It is a superbly located, beautifully presented boutique style guest house offering quality accommodation.

The Glendower comprises two intercommunicating semi-detached properties offering spacious and extremely versatile accommodation. Currently, there are 14 Letting Bedrooms, all of which have full En-Suite facilities, with well-appointed good sized shower rooms. In addition to the guest bedrooms, the public rooms are more akin to those found in a larger hotel, with a particularly spacious Dining Room and adjoining Bar & Lounge.

The property, as stated, offers extremely versatile accommodation and is suitable for those looking to run a business which offers great potential to produce worthwhile income, either on a Bed & Breakfast or Half-Board basis, or alternatively for those looking for a lesser number of quality bedrooms and substantial owner’s accommodation. It has potential for one of the properties to be used for private accommodation, still leaving 8 En-Suite Bedrooms for letting, or any other combination to suit the purchaser’s needs.

Offered for sale in superb order, the property has gas fired central heating and uPVC double glazing. To further reduce outgoings, it has solar panels providing electricity on a feed-in tariff. The current owners are seeking to retire. Early viewing is highly recommended.

Property information

Property:

Freehold

Location:

The property is situated in one of Torquay's principal holiday letting areas, set back from the road and convenient for the town centre, sea front, harbourside and all other holiday and conference amenities of this beautiful South Devon resort.

Premises Details:

The accommodation briefly comprises:-

FRONT ENTRANCE
To:-

RECEPTION AREA
With good space for greeting guests and check in.

Stairs leading down to lower ground floor.

GROUND FLOOR

HALLWAY
Leading to letting rooms, door to side and access for the car park.

ROOM 1
Superior double or twin room with windows to side, feature wall and EN-SUITE with shower cubicle, feature wash hand basin and separate WC.

ROOM 2
Double room with window to side and feature wall in a paisley design and EN-SUITE with shower cubicle, WC and wash hand basin.

ROOM 3
Superior single room with small double bed, built in wardrobe and EN-SUITE with shower cubicle, WC and wash hand basin.

ROOM 4
Double room with windows to the rear, wardrobe/dressing area and EN-SUITE with shower cubicle, WC and wash hand basin.

ROOM 5
Currently used for laundry/storage room with window to the side.

ROOM 6
Superior double or twin room with bay window to the side, spacious room with hanging area and EN-SUITE with shower cubicle, wash hand basin and separate WC.

ROOM 7
Superior double or twin room with window to the front and EN-SUITE with shower cubicle, WC and wash hand basin.

ROOM 8
Superior double or twin room with window to the front. Owners currently using this room. EN-SUITE with shower cubicle, WC and wash hand basin.

Stairs to:-

FIRST FLOOR LANDING
With access via fire escape.

ROOM 17
Double room with windows to the rear, hanging area and EN-SUITE with shower cubicle, WC & wash hand basin.

ROOM 18
Storage room with window to side.

ROOM 10
Superior double or twin room with bay window, feature wall and EN-SUITE with shower cubicle, WC and wash hand basin.

ROOM 11
Family room with super-king size bed, 2 single beds, window to the front and side and EN-SUITE with shower cubicle, wash hand basin and separate WC.

ROOM 12
Family room with super-king size bed, 2 single beds, window to front and side and EN-SUITE with shower cubicle, wash hand basin and separate WC.

ROOM 14
Superior double or twin room with bay window, hanging area and EN-SUITE with shower cubicle, WC and wash hand basin.

ROOM 15
Double room with window to side, feature wall and EN-SUITE with shower cubicle, wash hand basin and separate WC.

ROOM 16
Superior single room with feature wall, window to the rear and EN-SUITE shower cubicle, WC and wash hand basin.

LOWER GROUND FLOOR
Stairs from reception area down to:-

LOBBY
Entrance to:-

DINING ROOM
Spacious room with seating for 40 covers and breakfast buffet area. The current owners run the dining room for 30 guests. Open to:-

LOUNGE/BAR AREA
With sofas and chairs around the bar. Behind the bar offers glass shelves for glasses, 3 fridges and cooler, cupboards and sink/drainer.

STORE/SHED
Good storage with door and access to outside.

HALLWAY
Storage area in hall plus separate pantry with shelves, separate WC and wash hand basin. Through to:-

KITCHEN
With windows to the rear. The kitchen covers three sections for:-

COOKING AREA
With range cooker, sink/drainer, wall and base units, work surfaces, warming cupboard and hand wash sink.

CLEANING AREA
With double sink/drainer, 2 dishwashers (1 commercial and 1 domestic), wall and base units and work surfaces.

FOOD STORAGE
With work surfaces, 2 fridge/freezer, 2 washing machines and door to rear.

OWNERS ACCOMMODATION
Separate entrance on the side of the lower ground floor to:-

LOUNGE
An irregular shape with good space for owners lounge.

OFFICE/LOBBY
Office area and door through to:-

HALLWAY
Base units and door to:-

BEDROOM/STORAGE ROOM

BEDROOM 1
Double room with window to side, built in wardrobe and radiator.

BEDROOM 2
Single room with window to the rear.

BATHROOM
With bath and wash hand basin, radiator, arch to WC and shower cubicle and window to side.

(ROOM OFF HALLWAY)
Ideal for play room/office/bedroom. No window.

EXTERIOR
The front and side of the property offers parking with 6 spaces to the side (tandem) and 4 spaces to the front.

The side passageway leads to the rear with fruit trees, shrubs, planting and lawn.

BUSINESS
The Glendower is well located, well presented and a great business with excellent reviews from guests with 14 letting rooms and great owner's accommodation. The current owners, who have developed the property and built the business in recent years, now wish to retire.

BUSINESS RATES
2017 List: £10,500.

Please note this is not Rates Payable. Interested parties are advised to contact the Local Billing Authority, Torbay Council.

COUNCIL TAX BAND A.

Energy Performance Rating:
C  View EPC Graph for this property

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