A Wonderful 12 Bedroom, Victorian Guesthouse For Sale

Exeter, Devon

£760,000 Freehold
Telstar Guest House77 St Davids HIllExeterDevonEX4 4DWView Map

A wonderful Victorian attractive guesthouse benefits from 12 x letting bedroom guesthouse which is for sale for the first time in many years. Ideally located is in the heart of the much sought after Cathedral city of Exeter, Devon and within a minute’s walk to the high street, university or bus/train station. With parking to the rear, owners accommodation guest 2 x dining areas, outside space and having undergone a rolling refurbishment programme, it’s now presented to a good overall decorative condition. The business is successfully owner operated complemented by a brigade of staff. This would be an ideal lifestyle business, investment or simply could be a change of planning for alternative usage. Early viewings are highly recommended.

The property could not be more central to Exeter city centre and is ideally positioned within easy walking distance to all the lovely restaurants, bars, cinemas and theatres. Within easy access are main road links to the M5 motorway. Both bus and train stations with London 2-hour connectivity are only minutes’ walking distance away. Nearby are several car parks, schools, college and Exeter University.to the rear. On the outskirts of Exeter is an International airport and surrounding the city is open countryside.

For over a decade this guest house has been successfully owner operated with staffing who make light work for the owners. It operates on strictly on B&B and room only. The income is very good and subsequently the profits are impressive. The trade in Exeter is all year round and because of its high standard, competitive tariff, this guest house enjoy a high repeat trade, good trip scoring and high occupancy percentage. Actual trading accounts will be made available, following successful formal viewing.

ACCOMMODATION COMPRISES

GROUND FLOOR

Entrance over a lovely front terrace and door to

Vestibule

1.30m x 1.03m

With original tiled flooring and part glazed door to

HALLWAY/RECEPTION

With stripped back floorboards, chandelier, turning staircase and door to

OFFICE / RECEPTION

4.19m x 3.58m

A large area which is used as an office / reception for the welcoming guests. It also double up for storage and interconnect to

KITCHEN

3.50m x 3.47m

A great large space which has been comprehensively equipped with all the latest gadgets to make light work of the breakfasts and general cooking.

UTILITY ROOM / LINEN ROOM

3.34m x 2.20

With an array of washing machines, tumble dryers, upright fridge and lots of work top space and general storage.

DINING ROOM 1

5.63m x 3.94m

A beautiful welcoming space which the guests can see on arrival and it benefits from stripped back wood flooring, an array of tables and chairs for approx. 18 covers. There is a bay window to front, making this room bright and airy.

DINING ROOM 2

An additional room with tables, chairs and several breakfast bars which is ideal in the service of breakfast.

STORES

At the rear of the kitchen, there are several storage areas for workshops, linen, and general storage.

CLOAKROOM

Featuring a WC and washbasin.

LETTING ACCOMMODATION COMPRISES

All rooms have been decorated to a high standard. They are furnished and most of them have good en-suite facilities. The high standards of the rooms are complemented by up-to-date equipment, including LCD Digital Freeview TVs, complimentary beverage facilities, bedside tables, chest of drawers, and wardrobe facilities.

There are 12 rooms spread over three floors. Two adjacent rooms share bathroom facilities which is immediately next door. The breakdown of the rooms is as follows.

GROUND FLOOR

1 x double room

1 x family room

FIRST FLOOR

2 x double rooms

2 x single rooms

1 x twin room

SECOND FLOOR

4 x single rooms

1 x double room

OWNERS ACCOMMODATION

Currently, since the owners live off-site and all 12 x bedrooms are utilised  however, the owners accommodation could be easily incorporated anywhere within the building, dependant on requirements.

OUTSIDE

To the front is a terrace which has been paved to allow for minimum maintenance together with a table and chairs for the guests.

PARKING

To the rear is parking for approx. 6 x vehicles and the guesthouse also offers free residents parking for the guests which is provided by the local council.

BUSINESS WEBSITE

www.telstar-hotel.co.uk

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment land, buildings, except for vendor’s private inventory will be included in this freehold sale and a full inventory will be provided.

SERVICES

Mains electricity, gas, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial

TENURE

Freehold

BUSINESS RATES

Please make your own enquiries with local authority for an up-to-date rates assessment. Visit the VOA website at www.voa.co.uk

VIEWINGS.

All viewings and enquiries are to be made through the agents, Ware Commercial.

TEL. 01803 328880 or 01392 462266 Email. [email protected]

www.warecommercial.com

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.