Guest House for Sale in Plymouth

Plymouth, Devon

£485,000Freehold
Phantele176 Devonport RoadPhantelePlymouthDevonPL1 5RDView Map

A beautifully presented, 8 letting bedroom guest house which has been trading very profitable for over twelve years. The property has been renovated to a high standard both inside and out, which in turn generates an excellent trip and booking.com score! The owners’ accommodation comprises of a double bedroom, lounge, bathroom, and an additional separate beautiful lounge next to the ground floor kitchen. At the rear of the business there is a large courtyard garden, double garage, but which is currently used as a workshop. The property is situated in a lovely location within a short distance to the town centre, harbour and all local amenities.

LOCATION
The Phantele guest house is in the sought-after area of Stoke, Plymouth, Devon and only a short distance to the town centre, harbour, ferry ports to France and minutes’ drive connecting major road links (A38) which take you to Cornwall (15min) or north to the Cathedral city of Exeter which is nearby. The property is situated along a tree lined road with ample free unrestricted parking immediately opposite.
BUSINESS
The guest house has been trading successfully by its current owners for over 12 years with high repeat custom and excellent customer satisfaction. It trades just below the VAT threshold and subsequently generates an impressive net profit which affords the owners a lovely lifestyle. The business has been fine tuned using technology which allows self-check-in and automatic booking confirmation which provides the owner’s even further free time. Because of the ideal set up of letting accommodation, the property could simply be changed to an HMO property, subject to planning permission. This turnkey establishment will be sold with a full hand-over to ensure the successful continuation of the business and we the agents feel there is great scope to expand on the existing trade/income.
ACCOMMODATION
All rooms have been decorated to a high standard. They all feature furniture and some are equipped with good en-suite facilities. The high standards of the contemporary styled bedrooms are complimented with up-to-date equipment including LCD Digital Free view TV’s, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.
ENTRANCE
Over a wall enclosed pathway to the front part glazed door with RING camera door system to:
INNER HALLWAY
A lovely spacious hallway with a consul table, large wall mounted mirror, window to side and turning staircase to upper floors. Doors to:
DINING ROOM
5.53m x 4.46m
A lovely room with two large windows with window seating to the front and benefiting from 6 tables and chairs for approx. 14 covers together with a large dresser as a breakfast bar, refrigeration unit, ornate fireplace, wood effect flooring and wall mounted artwork throughout the room.
KITCHEN
4.06m x 3.95m
A stunning space with vaulted ceiling and many windows to the rear and side creating much natural day light. The kitchen has an array of wall and base fitted units with inset twin & single stainless-steel sink and drainer, 5 ring range-cooker with double oven, grill and extraction above, upright fridge freezer, seating area for a farmhouse table and chairs and a full inventory of various catering equipment and ample storage for all crockery, cutlery and glassware. To one side is a door to the courtyard and the location is ideal for the serving of breakfasts in the morning to the guests.
LETTING ACCOMMODATION
All rooms have been decorated to a high standard. They all feature furniture and some 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, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.
GROUND FLOOR
Bedroom 1

A double room with wash hand basin, window to rear and shared bathroom facilities.

1st FLOOR
Bedroom 2
A family room with a double bed, bunkbed and a window to the rear.The en-suite comprises of a shower ,WC and wash basin.
Bedroom 3
A single room with a wash hand basin, window to the front and shared bathroom facilities.
Bedroom 4
A twin room with a wash hand basin, window to the front and shared bathroom facilities.
Bedroom 5
A family room with a double, day bed, wash hand basin and window to the rear. Shared bathroom facilities.
Toilet
Comprising of a WC and wash hand basin.
Shower Room
Comprising of a walk-in shower.
Bathroom
Comprising of a shower, WC, and wash hand basin.
2nd FLOOR
Bedroom 6
A single room with a wash hand basin, window to the front and shared bathroom facilities.
Bedroom 7
A double room with a window to the front and en-suite comprising of a shower, WC, and wash hand basin.
Bedroom 8
A double room with a window to the front and en-suite comprising of a shower, WC, and wash hand basin.
3rd FLOOR
OWNERS ACCOMMODATION
A lovely double room, separate lounge with a sofa suite and two windows to side. The en-suite comprises of a shower, WC and wash basin.

CONSERVATORY

3.04m x 2.33m

This is lovely space is located on the ground floor and could easily be incorporated with room one to provide additional or alternative owners accommodation and benefits from double patio doors to owner’s private courtyard.

LOUNGE

5.26m 3.67m

This large room is used by the owners but during covid, this has doubled up as additional dining area because of social distancing rules. However, it is a great space just off the kitchen and has a window overlooking owners’ courtyard and door to the office.

GARAGE
A large detached double garage with a door to:
WORKSHOP
5.00m x 3.32m
LINEN ROOM
2.53m x 2.36m
A utility space with shelving and a washing machine and tumble dryer.
OUTSIDE
To the front is an enclosed seating area with table and chairs together with plenty of unrestricted parking. At the rear of the property is a large, paved courtyard with ample space for table, chairs, sun-lounges and general recreational space. At the far end is the double garage and a vehicle and pedestrian access to this.
PARKING
To the front and side of the property there is always ample free unrestricted parking.
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
VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected]

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.