Under Offer

A Beautiful detached Guest House

Teignmouth, Devon

£620,000Freehold
The Minadab Cottage B&B 60 Teignmouth RoadTeignmouthDevonTQ14 8UTView Map

A beautiful, detached guest house for sale with sumptuous owners’ accommodation, gardens, secure large car park and benefitting from wonderful sea views. This profitable business or home with income property is presented to a high spec and is in excellent decorative order throughout. The letting accommodation is 5-star guest house accommodation with only three luxurious junior suites generating over £50,000 gross income, comparable to a business twice its size. There is an additional potential letting room which is not currently used due to a lifestyle choice, we the agents envisage income could easily be increased to over £60,000 should this be utilised.

LOCATION

The Minadab Guest House is located a short distance from Teignmouth and    Dawlish, Devon in an elevated position overlooking the sea. This lovely property is steeped in history which dates back to the late 1700s. Teignmouth nearby is aptly described as the Jewel of Devon, a characterful seaside town and one of the few that still has its traditional Victorian pier. The pedestrianised, level town centre has an interesting variety of shops, restaurants and patisseries. The train station is only a mile away and there is a bus stop just outside the cottage. Also, all main arterial roads are nearby linking the Cathedral city of Exeter which is only 15/20 min away with the M5 motorway and international airport.

BUSINESS

The business is successfully owner operated by a husband-and-wife team but could easily be run by one person. The occupancy percentage is very high because of this unique looking cottage, location, beautiful bedrooms, colourful gardens and fantastic reviews. Trading with only three letting rooms with an income of £50,000. There is an additional bedroom on the 1st floor not currently being used, an additional 10/15,000 per annum could be added to the turnover if this were simply reinstated as a letting room. The owners do not operate all year round which allows them an enviable lifestyle and because of the amount of rooms, also cuts down on works, expenses and thus generates an impressive net profit. Actual trading accounts will be made available following a successful formal viewing.

 

ACCOMMODATION COMPRISES

 

Entrance along a path across a lovely garden and through a stained glass door to

 

ENTRANCE HALLWAY

Immediately when you enter this property are you struck with the elegance. In the hallway is a lovely consul table with chair for welcoming and registering customers on arrival together with ornate ceiling light, turning staircase to upper floor and walkway to

 

DINING ROOM.

3.70m x2.83m

A beautifully panelled room with three tables and chairs but could easily accommodate an additional table and chairs. With wooden floors, ornate ceiling chandelier, wall art and window to front.

 

LOUNGE.

3.51m x 2.97m

A comfortable room which has been tastefully furnished with a large elegant three-seater sofa, two armchairs, coffee table, ornate inset fireplace with a large mirror above. The room has wall mounted art, ornate chandelier, two windows and French doors leading to the garden. Because of the number of windows, this space is always bright and airy.

 

KITCHEN

6.19m x 4.98m

This truly is a fantastic large kitchen space which could easily accommodate table and chairs to make a kitchen/diner. The kitchen has been comprehensively quipped with a large range cooker with 5 x gas hobs, flat griddle, double oven, grill, proving oven together with an extraction system above. There is an ample array of wall and base fitted units with inset doublesink and drainer, lots of work top space and comprehensively equipped to cater for a guest house needs.

In the middle is an island unit with bar chairs to one side, tiled flooring throughout and a large window to side.

 

INNER HALLWAY

A lovely open spacious area to the rear of the kitchen with under stairs storage and door to

 

UTILITY ROOM

3.59m x 2.78m

With an array of commercial shelving.

 

LETTING ACCOMMODATION

All rooms have recently been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV’s, silent fridges, hair dryers, international adapter plugs, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities. All the rooms have either comfortable individual chairs or sofas in the rooms.

 

GROUND FLOOR

 

PICKLE

A double room with a King bed. The en-suite comprises of a shower, underfloor heating, low level WC, wash hand basin and illuminated mirror. The bedroom has a window to rear overlooking a rockery garden.

 

1st FLOOR

 

PHOEBE

A double room with a Super King bed (zip & link bed, either twin or double). The en-suite comprises of an elaborate jacuzzi shower, low level WC, feature wash hand basin and illuminate mirror. The bedroom has a window to front of the property overlooking the garden and sea views.

 

AJAX

A double room with a King bed. The en-suite comprises of a corner shower, underfloor heating, low level WC, wash hand basin and illuminated mirror. The bedroom has a window to the rear of the property.

 

CRAFT ROOM

This room used to be a single with a shower, WC and wash hand basin. It is currently used by the owners as a crafting room/office and the shower has been removed and services have been capped off. It could easily be reinstated and has windows that overlook the garden to the front and also has lovely sea views.

 

OWNERS ACCOMMODATION

The owner’s accommodation can either be accessed via the business or independently from the side of the property.

 

LOUNGE

4.98m x 4.95m

A beautiful large, panelled room with wood flooring several windows and a door overlooking the gardens.

 

CLOAK ROOM

With a low-level WC and wash handbasin

 

Turning staircase to

1st FLOOR

 

BEDROOM
4.32m x 4.11m

A large double room with ample space for a superking bed, with dual aspect feature stained glass windows to side and front, together with patio doors to outside elevated terrace.

 

At one end of the bedroom are mirrored sliding doors to a walk in wardrobe 2.9m x 1.4m with shelves and hanging rails.

 

Door to the left into

 

DRESSING ROOM

2.4m x 2.5m

A large ideally situated room with shelving and hanging rails.

 

BATHROOM

A luxury bathroom which has floor and part wall tiling and benefits from a corner jacuzzi bath, corner shower, WC, pedestal feature hand wash basin, underfloor heating and window to the front of the property overlooking the gardens and with lovely sea views.

 

TERRACE

5.38m x 5.24m

A fantastic private space away from the business which the owners regularly enjoy. The space is large and could easily accommodate a large patio table and chairs, sun loungers, and much more. The sea views from this South facing terrace are stunning.

 

LOWER GROUND FLOOR

From the back of the kitchen, there is a staircase to the lower ground floor which is a lovely open space for storage and much more. Our clients use this as a crafting/ hobby room and there is a doorway to additional storage underneath the property.

 

OUTSIDE

GARAGE

4.61m x 3.30m

An ideally situated garage within the car park benefitting from electric remote roller shutter doors and inside there is plenty of shelving, mezzanine floor and services for a washing machine and tumble dryer.

 

GARDENS

There are plenty of different spots to sit and enjoy, either along the veranda, on the patio or tucked away shady spots amongst the shrubs. The garden has established flowerbeds and a pathway from the parking area to the front door.

 

PARKING

The parking area is a secure gated large space currently marked for 3 customer spaces and ample owners’ area.

ROOF

The roof was completely water reed re-thatched in 2014 and will last up to 30 years.

 

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 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

Mains 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 enquiries 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)

 

TENURE

Freehold

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.