Guest house for sale in ideal location

Torquay

£429,500 Freehold

A wonderfully located 8 letting bedroom guesthouse in the popular tourist area of Belgrave Road which is ideally situated for easy access to the seafront, marina and town centre. It has undergone a rolling programme of improvement and is now presented to an overall high standard. This successfully owner operated business operates approx. 10 months per year to avoid breaking the VAT threshold. It benefits from flexible 2 bedroom owner’s accommodation together with a delightful patio with seating to the front, parking and conservatory to rear. Early viewings are highly recommended.

LOCATION         

Situated on Belgrave Road within the very heart of the perennially busy Torquay, Devon. This location takes advantage of the high influx of tourism coming into the Bay and is ideally positioned within a couple of minutes’ walk to the town centre, harbour and seafront. All local amenities are in the immediate vicinity together with easy access to all main arterial roads linking Plymouth, Dartmouth, Brixham and the Cathedral city of Exeter with its international airport and M5 motorway connecting all parts of the UK. The local bus and train station are also nearby, making this location ideal for anybody wishing to use public transport, which is on the increase.

 BUSINESS

The Summerlands Guest House has been owner operated for many years and has earned itself a fine reputation from its clients resulting in high repeat custom and subsequent impressive profit. This easily operated business opens for approx.10 months per year because of lifestyle choice. We the agents feel there is tremendous opportunity to expand on its already impressive turnover by simply opening for longer, taking advantage of its extensive client database and online presence. Currently trading with 7 letting bedrooms due to lifestyle choice, this could be extended to 8 letting rooms by re-purposing owner’s accommodation.  To the front is a large terraced area which has many large tables and bench seating for both guests and passing trade for teas and coffees etc. which starts for the summer 2019 season. Actual trading accounts will be made available following a formal successful viewing.

ACCOMMODATION

Entrance over lovely patio to front with plenty of seating and tables and steps leading up to:

 VESTIBULE

A useful area with wall mounted tourist pamphlets and part glazed door to:

RECEPTION LEVEL

RECEPTION/HALLWAY

A large area with large console reception table, fire alarm panel and turning staircase to upper floors and door to:

DINING ROOM

4.49m x 4.25m

An attractive refurbished space with 6 tables and chairs for approx. 12/14 covers. Benefitting from two breakfast bars with a cappuccino coffee machine and grinder, ample storage for cutlery, crockery and glassware, music sound system and two large windows to front making this space bright and airy.

OFFICE

2.21m x 1.90m

An ideal space at the back of the reception area and has a table and chair and also doubles up for general storage.

GROUND FLOOR

KITCHEN

L-Shape 3.68m x 1.97m, 2.90m x 1.41m

A fully fitted kitchen with a 6 ring gas range cooker with double oven, grill and extraction canopy above, with base and wall mounted units, plate warmer, 1 microwave oven, fridge-freezers, dishwashers, stainless steel sink & drainer, 2 toasters, water boiler and a bain-marie.

LETTING ACCOMMODATION

All rooms have recently been refurbished and individually decorated to a good standard. They all feature en-suite facilities and are complimented with up to date equipment including digital Freeview TV’s, complimentary beverage facilities, mini fridges, hair-dryers, bedside tables, chest of drawers and wardrobes facilities.

GROUND FLOOR

BEDROOM 1

A double room with en-suite shower, WC, wash hand basin and window to rear. (not currently being let)

FIRST FLOOR HALF LANDING

Benefitting from a large window to rear providing much natural daylight to both reception and 1st floor landing.

FIRST FLOOR

BEDROOM 2

A double room with a king size bed and en-suite shower, WC, wash hand basin and window to rear.

BEDROOM 3

A double room with en-suite shower, WC, wash hand basin and window to rear.

BEDROOM 4

A family room benefitting from a double and single bed together with an en-suite shower, WC, wash hand basin and window to rear.

BEDROOM 5

A double room with en-suite shower, WC, wash hand basin and window to rear.

SECOND FLOOR

BEDROOM 6

A double room with a king size bed and en-suite shower, WC, wash hand basin and window to rear.

BEDROOM 7

A twin room with en-suite shower, WC, wash hand basin and window to front.

BEDROOM 8

A family room benefitting from a double and single bed together with an en-suite shower, WC, wash hand basin and window to front.

 OWNERS ACCOMMODATION

The owner’s accommodation currently comprises of 2 bedrooms but one bedroom could very easily be incorporated as an extra letting room.

RECEPTION LEVEL

LOUNGE/DINER

4.48m x 3.49m

A lovely large space with archway to:

CONSERVATORY

4.25m x 2.05m

This is situated to the rear and benefits from polycarbonate roof and door to inner courtyard / rear car-park.

BEDROOM 1

This double bedroom is currently designated for the owner’s private use due to extended family requirements.  It could, however, revert to letting room No 1.

BEDROOM 2

4.62m 2.75m

A large double room with large built-in storage cupboards and an en-suite comprising of a corner bath with shower over, low level WC and wash hand basin.

OUTSIDE

To the front there is a large terraced area with plenty of bench seating with tables. To the rear is an enclosed parking area for vehicles as well as un-restricted parking on all the adjacent roads nearby. Licensed parking is also available to all the guests should the owners wish to take advantage of this.

 FIXTURES AND FITTINGS

All trade fixtures and fittings with the exception of 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 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

TENURE

Freehold

 VIEWINGS

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

TEL. 01803 328880 Email. info@warecommercial.com   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.