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Traditional Hotel Near Beach In Paignton For Sale

Paignton, Devon
Asking Price:
£495,000
Turnover:
Available on request
Net Profit:
Available on request

Well located in the heart of Paignton, a stone’s throw from the beach, the Clifton at Paignton is a traditional Hotel, with delightful bedrooms in a neutral, bright & airy style and is ideally suited to mature guests, being on level ground for all the amenities, shops, restaurants, tourist activities, and the train & bus station

With 14 letting rooms, across single, double, king size and family rooms, with en-suite or private facilities. There is a good size Lounge with Licensed Bar for guests to enjoy and the dining room has covers for 28 guests, with a commercial kitchen, refitted in recent years in stainless steel.

* Fabulous location close to beach
* Current owners retiring after 23 years with established repeat business
* Previously 2 properties - 2 entrances & 2 staircases, ideal for a mixed trade business or 2 couple owners
* Lounge, bar and dining room to run on 28 covers
* Commercial kitchen with range cooker
* Letting rooms to first and second floors
* Owners accommodation with bedroom, lounge and bathroom, plus office
* Parking for 5 vehicles to front
* Covered area to rear plus courtyard
* Super position in Torbay within the English Riviera - 22 miles of stunning beaches
* Many amenities & tourist attractions to attract business & tourist trade
* Currently operating as a lifestyle business and closed for the winter. Open March -Sept.
* Huge potential to expand and develop the business

Viewings: All viewings must be made through BusinessXchange the agents acting for the sale.

Floorplan & Energy Performance Certificate available on request.
Fixtures & Fittings: Trade fixtures & fittings, plant & equipment are included in the freehold sale, except for the vendor’s private inventory which will be provided to the buyer prior to exchange of contracts.
Tenure: FREEHOLD
Services: Mains electricity, gas & water are connected but BusinessXchange have made no tests of these services.
Business Rates: Please make your own enquiries in regard to business rates and any small business relief available to you.


Misrepresentation Act: Misrepresentation Act 1967. The commercial property particulars are not considered a formal offer, they are only for information and to give a general idea of the property. These particulars must not be taken as forming any part of a resulting contract, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of the particulars.

Property information

Property:

Freehold

Living Accommodation:

Bedroom, lounge, bathroom

Location:

In the heart of Paignton, close to the beach

Energy Performance Rating:
B  View EPC Graph for this property

Business Operation

Expansion Potential:

Plenty of potential to develop the business and the property

Employees:
0
Years established:
Many years as a Guest House with current owners operating the business for more than 23 years

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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