Highly Profitable Guest House in Torquay

Torquay

£460,000 Freehold

A 10 letting bedroom guest house for sale, located right next to Torquay’s idyllic harbour and seafront. This highly successfully established business has been operated by the same owners for approximately 16 years and generates an impressive income which allows our clients to travel extensively during the winter months. The business has undergone a recent refurbishment programme and benefits from enough parking for all guests, a large dining room, guest lounge, bar, a garden to front with mature shrubbery and palm trees, owner’s spacious accommodation and is in a great elevated position within a minutes’ walk to the harbour with all its bars, restaurants, galleries and much more. Early viewings are highly recommended....

LOCATION

Torquay is one of the UK’s most popular holiday destinations, with a good all-year round trade. It is only a short distance from Dartmouth and equal distance to the cities of Plymouth and Exeter – with its international airport, mainline train station and M5 motorway. Situated off Torwood Street, it is located just a short walking distance to the picturesque Marina and Harbour of Torquay and a level walk along the esplanade, with lovely views over Torbay to Paignton and Brixham. It is also within a short walk is the main shopping precinct, Princess Theatre and the Riviera Convention Centre.

 

BUSINESS

Hotel Peppers has been trading successfully by its current owners for approximately 16 years and enjoys a high level of repeat custom and is much liked by visitors and locals alike. It is operated solely by a husband and wife team but we the agents feel that there is tremendous scope to expand on the already impressive turnover figures by utilising the internet further together with further focus on advertising. They currently trade for approximately 10 months per year because of lifestyle choice. Actual trading accounts will be made available following a successful formal viewing.

 

ACCOMMODATION

Entrance via beautiful path with mature shrubbery, palm trees and seating to front. Large front door to:

 

VESTIBULE

1.32m x 1.19m

This space has original tiles and a part glazed door with professionally etched-in logo “Hotel Peppers”. Door leading to:

 

INNER RECEPTION/HALLWAY

A lovely space with a side reception area by a turning staircase to upper floors. The reception desk has a retractable counter, ample space for a computer terminal, printer, tourist pamphlets, administration storage and comfortable chair and desk light. Doors leading to:

 

DINING ROOM

6.14m x 3.82m

A lovely space which is large and allows for much space between the tables. Consisting of 8 tables and chairs for approx. 20 covers together with wood effect flooring throughout, wall and chandelier lighting, large breakfast bar, music sound system and a bay window to front overlooking the garden.

 

LOUNGE

6.27m x 4.07m

An attractive decorated room with comfortable large sofas, individual chairs, smaller side tables with lamps, coffee tables, ornate fireplace with inset gas effect fire. Also, there is wall mounted lighting, a chandelier, large wall mounted mirror and a window overlooking the garden to front.

 

BAR

3.78m x 3.07m

Situated next to the lounge room is the bar with a bespoke wood and top counter. To the rear it has wall mounted optics, shelving for glassware and general storage for drinks. To the front it has two seating nests with both having a table and two tub chairs.

 

KITCHEN

3.86m x 3.76m

A newly installed modern kitchen which has a comprehensive range of wall and base fitted units for all the crockery, cutlery and glassware. It features an inset twin stainless steel sink and drainer, an eight-ring gas range style cooker with griddle top, double oven, grill and above is a stainless-steel extraction canopy. Also, there are two tabletop fryers, hot water boiler, two multi slice toasters, commercial dish washer (3 minute cycle) fridge and freezers, large amounts of work top space, non-slip flooring and large window to rear creating a bright and airy working environment.

 

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, complimentary beverage facilities, bedside tables, chest of drawers and wardrobes facilities.

 

Staircase to

 

FIRST FLOOR HALF LANDING

On this level are large windows and door leading out to the rear car park and guest terrace area with many table, chairs and doors to:

 

STOREROOM

1.88m x 1.61m

This room is used as a linen room and for storage for vacuum cleaners etc.

 

CLOAKROOM

With a low-level WC and wash hand basin.

 

FIRST FLOOR

A large landing with ample space for some comfortable seating and doors to:

 

BEDROOM 1

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

 

BEDROOM 2

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

 

BEDROOM 3

A double room with standard double bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to the front overlooking the garden and park nearby.

 

BEDROOM 4

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

 

BEDROOM 5

A double room with standard double bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to the rear.

 

SECOND FLOOR HALF LANDING

 

BATHROOM

A beautiful bathroom tiled walls throughout and benefits from a low-level WC, wash hand basin, shower and obscured windows to rear (exclusive usage for room 8).

 

SECOND FLOOR

This landing too is large and would easily accommodate a comfortable seating area. Doors to:

 

2 x built-in storerooms housing linen, cleaning products, vacuum cleaners, tea coffee, teas and coffee.

 

BEDROOM 6

A single room with standard single bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.

 

BEDROOM 7

A double room with a Kingsize bed. The en-suite comprises of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property overlooking the garden and park nearby.

 

BEDROOM 8

A single room with standard single bed. The bathroom for this room comprises of a shower, low level WC, wash hand basin and is located a few metres away on the 2nd floor ½ landing and with exclusive usage. The bedroom has a window to the front of the property overlooking the garden and park nearby.

 

BEDROOM 9

A Junior Suite comprising of a Super King bed (zip & link bed, either twin or double). The en-suite benefits from a shower, low level WC and wash hand basin. The bedroom has a seating area with comfortable seating and window to front of the property overlooking the garden and park nearby.

 

BEDROOM 10

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

 

OWNERS ACCOMMODATION

The owner’s accommodation is situated on the ground floor which is ideal to access the reception office and visiting guests. This can also be accessed either independently from the rear of the property or through the business on the ground floor.

 

LOUNGE

4.57m x 3.05m

A large space with comfortable sofa, table, wall mounted TV, wood effect flooring and window and door to:

 

COURTYARD

A private outside area for the owners and ample space for table and chairs and benefits from a separate door to the rear car park.

 

BEDROOM 1

2.91m x 2.42m

A double room with wood effect flooring.

 

BEDROOM 2

3.45m x 2.77m

A double room with wood effect flooring, large built-in wardrobes and window overlooking private courtyard.

 

BATHROOM

A newly refurbished which is beautifully presented with tiled floor and walls together with a double shower, low level WV and wah hand basin.

 

INNER HALLWAY

With doors to:

 

UTILITY/STOREROOM

2.77m x 1.61m

This room has both washing and tumble dryer and comprehensive shelving for general storage of tools etc.

 

OUTSIDE

To the front is a lovely garden space with mature shrubbery and palm trees together with bench and individual seating. This area is a private secluded space and an impressive welcoming area for visiting guests.   To the rear is a large decked terrace with many comfortable seating areas, tables and provides a great deal of privacy for the guests.
PARKING

Immediately to the rear of the outside terrace is a carpark for four vehicle’s and an additional six licensed spaces a hundred metres away.

 

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. 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.