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Profitable Guest House, Central In Torquay For Sale

Torquay, Devon, UK
Asking Price:
£415,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Available on request

We are pleased to offer this traditional guest house to market, with tremendous space there are 10 en-suite letting rooms, along with great space for the owners, with a fabulous lounge to the front.

There are a wealth of character features including tall ceilings and ornate coving

Situated centrally in the prime letting area for Torquay, the Norwood Guest House, has excellent reviews and many repeat guests. This traditional guest house is trading well, making excellent income & profits!

The owners take several rooms and have a wonderful lounge to the front. Plus a front terrace and parking to the rear

Situated on the prime letting hub, central in the tourism area of Torquay, this Guest House is an ideal purchase for those wanting to run a profitable business on The English Riviera enjoying the lifestyle of an Hotelier

The current owners have run the B&B for 14 years, trading across 10 months of the year, working 7 rooms, and have increased trade consistently, gaining more repeat guests and direct bookings, although there is still good potential for new owners to expand further should they wish

Well located, within the English Riviera, where holidaymakers flock in to visit the 22 miles of stunning beaches, there are many tourist activities which are a great draw throughout the year. Close by is Torre Abbey, with the gardens, the railway station and the seafront, along with easy access to Kents Caverns, the Model Village at Babbacombe and the Zoo, steam train and a host of other tourist attractions

• Traditional Guest House with tremendous space
• Bed & Breakfast with ten en-suite letting rooms & spacious breakfast dining room
• Owners benefit from super-size Lounge, and a choice of bedrooms
• Excellent location in Torquay on the main letting hub near the seafront
• Front terrace and parking to the rear
• Turnkey business and Ideal for transfer with increasing trade & repeat guests
• Excellent trading history and profitable business

Agents Notes: The Norwood is a great traditional guest house in a super central area. The current owners have traded well and built good custom, with many excellent reviews – A great profitable business

Property Information

Property:

Freehold

Location:

Great location ! Central and near the main Torquay seafront

Energy Performance Rating:
D

Business Operation

Competition / Market:

There are other accommodation providers in Torquay and the excellent marketing by the English Riviera brings in many thousands of tourists all looking for accommodation

Reasons for selling:

Genuine retirement sale

Other Information

Home based:
This business can be run from home.

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