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Well Presented Fifteen Bedroom Hotel For Sale

Torquay, Devon, UK
Asking Price:
£770,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

A superb opportunity to acquire a beautifully presented 15-16 bedroom hotel in the heart of Torquay, Devon, positioned within easy walking distance of the town centre, harbour and beach. Fully upgraded throughout, this licensed hotel benefits from a 5 star hygiene rating, excellent guest facilities and impressive online reviews including a 5 star TripAdvisor rating and a 9.2 score on Booking.com.

The hotel features a spacious mix of lounges, dining areas and guest amenities, together with a generous car park and multiple terraces that enhance guest appeal. A major selling point is the attractive three bedroom duplex owners’ cottage located to the rear of the property with independent access, private patio and well arranged accommodation ideal for owner occupiers. Fixtures, fittings, equipment, land and buildings (excluding the vendor’s private inventory) will be included in the sale, providing a ready to operate lifestyle business.

Successfully owner operated with part time help in peak months, the hotel enjoys strong repeat business and healthy seasonal demand. The current owners trade only part of the year by choice, presenting clear scope to increase turnover by extending the opening period. A full handover will be provided to ensure a smooth transition and continued success. Early viewings are strongly recommended due to family relocation.

Trade fixtures, fittings, equipment, land and buildings included except the vendor’s private inventory.

Property Information

Property:

Freehold

Living Accommodation:

A superb three bedroom duplex owners’ cottage with independent access, private enclosed patio and spacious layout. Ground floor includes lounge with patio access, bathroom and double bedroom. Upper floor provides two further bedrooms, one with en suite facilities, and additional storage areas. The owners’ accommodation benefits from its own boiler system and hot water supply and can operate independently of the main hotel.

Location:

Situated within the vibrant, year round seaside resort of Torquay, the property lies close to the town centre, harbour and beach, with easy access to local transport links and regional attractions. The setting is highly convenient for visitors seeking coastal access, leisure amenities and popular South West destinations.

Premises Details:

Entrance via steps leads into a vestibule and reception area, followed by a hallway accessing well presented guest spaces. The hotel offers a generous main lounge with ample seating, connecting to a bright sun lounge with access to the front patio and garden seating areas. Customer toilets are located off the hallway.

A bar snug provides a relaxed social area with fixed seating, bar counter, storage and access to the commercial kitchen. The dining room offers seating for approximately 30 32 covers with large windows and newly installed furnishings. The kitchen is a fully equipped commercial operation with stainless steel workstations, multiple cooking appliances, refrigerators, storage areas and a security camera system.

Additional operational spaces include a washing up area with commercial dishwasher, prep room, larder with refrigeration, staff facilities and boiler systems. The grounds include guest patios, planted areas, terraces and a large car park to the rear, all presented to a high standard for guest enjoyment.

Size in square feet:
Lounge 7.95m x 4.41m; Sun lounge 7.27m x 3.47m; Bar snug 6.64m x 2.58m; Dining room 7.72m x 7.11m; Kitchen 10.96m x 4.46m; Prep room 3.02m x 3.15m; Larder 2.66m x 2.75m. Owners’ accommodation: Bedroom 1: 4.06m x 2.68m; Lounge 5.21m x 3.33m; Bedroom 2: 4.8m x 3.94m; Bedroom 3: 3.6m x 2.6m.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The current owners trade only part of the year, offering clear scope to increase turnover by extending the operating season. Opportunities also exist to further develop marketing or enhance the food and beverage offering if desired.

Competition / Market:

The hotel holds a 5 star TripAdvisor rating and a 9.2 Booking.com score, supported by strong repeat business.

Reasons for selling:

Family relocation.

Trading hours:

Trading part of the year due to owners’ lifestyle preference, with potential to extend trading to increase revenue.

Employees:
Owner operated with part time assistance during summer months.