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Lovely 7 Letting Bedroom Guest House In Paignton For Sale

Paignton, Devon, UK
Asking Price:
£380,000
Turnover:
Available on request
Net Profit:
Available on request

A lovely 7 x en-suite bedroom guest house is for sale only a stone’s throw from Paignton Sea Front, harbour, and a level walk to the Town Centre. The property is ideally situated and benefits from good owner’s accommodation on the ground floor and a beautiful guest garden area to the front, as well as good owners' accommodation and parking space to the rear. The building is in good order and is reluctantly being placed onto the open market. Early viewings are highly recommended.

Ideally located within a short walking distance of Paignton Town Centre and the attractive seafront promenade, this property is strategically close to the beachfront, taking advantage of tourists arriving in Paignton. It is also situated close to the large Town Centre car park. This property is only minutes’ drive from major cities like Plymouth and the Cathedral city of Exeter with its M5 motorway and international airport.

This business has been successfully owner-operated for many years and, due to its location and quality accommodation, subsequently trades very well over 6/7 months per year. Because of the owner’s personal situation, the guesthouse has not been operating to its full capacity for the last couple of years. We, the agents, feel that due to this and the fact that this Guest House currently has very little social media presence, a few simple tweaks would greatly improve the income potential. However, an excellent repeat custom exists to build on this great business. Actual trading accounts will be made available following a successful formal viewing.

Entrance is over a lovely front garden with what must be one of Torbay’s largest palm trees. A part-glazed door leads to the VESTIBULE (1.56m x 1.20m), a great space to hang off any boots and jackets, with a built-in electrical cupboard and also housing the fire alarm system. A part-glazed door leads to the HALLWAY, a lovely welcoming space with a turning staircase to the upper floors and doors to:

DINING ROOM

5.88m x 3.88m

With 6 x tables and chairs for approximately 14 x covers. To one side is a breakfast bar, 2 x windows to the side, and a wall-mounted newly fitted gas central heating boiler.

KITCHEN

4.12m x 3.02m

A lovely modern fitted kitchen next to the dining room and equipped with all the latest gadgets to make light work of any food preparation. It benefits from a vast array of wall and base fitted units for all the crockery, cutlery, and glassware and subsequently enjoys a large amount of worktop space too. To one side are large windows to the side of the property, making this area light, bright, and airy to work within.

LETTING BEDROOMS:

All rooms are decorated to a high standard and feature furniture, as well as 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 wardrobe facilities.

GROUND FLOOR:

BEDROOM 1

A double room with a Super King bed which could be either twin or double, a window to the rear of the property, and an en-suite comprising a WC, shower, and washbasin.

FIRST FLOOR HALF LANDING

BEDROOM 2

A family room with a double bed, bunk beds, a window to the rear of the property, and an en-suite comprising a WC, shower, and washbasin.

LINEN ROOM: A great space for linen, cleaning equipment, vacuum cleaners, and much more.

FIRST FLOOR

BEDROOM 3

A double room with a double bed, windows to the rear of the property, and an en-suite comprising a WC, shower, and washbasin.

BEDROOM 4

A double room with a double bed, bay windows to the front of the property, and an en-suite comprising a WC, shower, and washbasin.

BEDROOM 5: A single room with bunk beds only, windows to the front and rear of the property, and an en-suite comprising a WC, shower, and washbasin.

SECOND FLOOR:

BEDROOM 6

A double room with a double bed, windows to the rear of the property, and an en-suite comprising a WC, shower, and washbasin.

BEDROOM 7

A double room with a double bed, windows to the front of the property, and an en-suite comprising a WC, shower, and washbasin.

OWNERS ACCOMMODATION:

The owners' accommodation is situated on the ground floor and can be accessed either via the business or independently to the rear of the property.

BEDROOM: A lovely bedroom with a window to the side of the property and an archway to:

DRESSING ROOM: A good-sized space for all clothing, shoes, and more, together with a window to the rear.

BATHROOM: A large bathroom with a WC, shower, and washbasin.

LOUNGE / DINING ROOM: A large room with bay windows to the front, an ornate fireplace, and bay windows to the front of the property, overlooking the front garden.

OUTSIDE

To the front of the property is a lovely south-facing garden with ample space for tables and chairs, and to the rear is the owners' private courtyard with one parking space.

PARKING

There is a drop-off free bay (20 min) immediately opposite the property for all guests and plenty of limited and free on-road parking nearby. Only within 100 m is a large pay & display car park within 100m and between September and April, there is free on-road parking immediately outside the guesthouse.

BUSINESS WEBSITE

www.bndneartheseapaignton.co.uk

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

Main’s 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 inquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief and the owner’s accommodation is band A council tax).

TENURE

Freehold

VIEWINGS

Property Information

Property:

Freehold