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Wonderful Guesthouse Or Home With Income In Paignton For Sale

Paignton, Devon, UK
Asking Price:
£420,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Not applicable
Net Profit:
Not applicable

A versatile and attractively presented mid-terraced property offering a rare three-in-one opportunity as a guesthouse, home with income, or spacious family residence. Ideally positioned just a short walk from Paignton’s seafront, harbour, town centre, and local amenities, the property is perfectly suited to tourism-led use while equally appealing as a substantial private home.

The accommodation includes seven en suite letting rooms, complemented by an additional large double bedroom currently used as an office, providing flexibility for owner occupation or alternative use. At the heart of the property is a striking open-plan kitchen and dining area, flooded with natural light and opening directly onto a generous patio garden with rear access, creating an inviting space for guests or private entertaining.

The property has undergone a refurbishment programme and is now presented in high decorative order throughout. All letting rooms are furnished and equipped with en suite facilities and modern guest amenities, supporting immediate use subject to a buyer’s requirements.

The business was previously operated successfully by the current owners and developed a strong reputation with both visitors and local clientele, benefiting from high levels of repeat custom. Trading ceased several years ago due to prolonged ill health, making this a reluctant sale. The agents note clear scope for a new owner to re-establish the business and promote it across booking platforms.

Trade fixtures, fittings, and equipment are included in the freehold sale, with a full inventory to be provided prior to exchange of contracts.

Property Information

Property:

Freehold

Location:

The property is located on Garfield Road, Paignton, Devon, within short walking distance of the town centre and attractive seafront promenade. Its position close to the beachfront, harbour, local amenities, and a large town centre car park makes it well placed for visitor accommodation and tourism-related use.

Premises Details:

Mid-terraced freehold property arranged over multiple floors. Conservatory-style glazed entrance leading to reception hall with turning staircase. Large open-plan dining room with patio doors to the rear garden. Modern fitted kitchen with island unit and direct garden access. Additional lounge/dining room with bay window and feature fireplace. Seven en suite letting bedrooms arranged across first and second floors, plus an additional large double bedroom currently used as an office, also with en suite facilities. Store rooms, linen cupboard, and loft storage included. Enclosed patio areas to front, side, and rear with seating areas.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Prolonged ill health.