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Stunning 8 En-Suite Bedroom Guest House in Torquay Devon with Profitable Business Potential for Sale

Torquay, Devon
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A Beautiful 8 En-Suite Bedroom Guest House Photo 1
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A Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest HouseA Beautiful 8 En-Suite Bedroom Guest House
  • Status

    FOR SALE

  • Date Submitted:

    20/03/24

  • Advert ID

    608514

  • Reference

    millbrookguesthouse / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £570,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Prime Location
  • Attractive Business
  • With Car Park
  • Unique Business
  • Fully Fitted
  • Established Business
  • Close to Local Amenities
  • Accounts Available

Business Details

A Beautiful 8 En Suite Bedroom Guest House

A beautiful guest house with 8 en-suite letting rooms with potential to add an additional letting room. Millbrook is ideally situated for tourists visiting Torquay, Devon and is within walking distance of the restaurants, harbour and beach. This profitable guest house has recently upgraded all their rooms to a high standard and have large windows which make them feel bright and spacious.

The property also has a guest lounge, spacious dining room and lower ground floor which could be used as additional owners’ accommodation, granny annex, holiday apartment, Air BnB or even a bar / games room. There is already a spacious owners’ accommodation with its own garden and separate patio to the side. To the front is a large car park for all guests. Early viewings are recommended.

Millbrook Guest House is located upon entering Torquay and is ideally situated for the bus and main-line railway station, also benefiting from high passing trade.  The main beach, harbour and local restaurants are just a short level walk away through the pleasant gardens of Torre Abbey.  Torquay is probably the most popular seaside holiday destination in the UK at present and has excellent road links to the M5 motorway linking all parts of the UK. Nearby, is an International airport offering flights to European and worldwide destinations and not forgetting Dartmoor National park, only a short drive away.

BUSINESS

The guest house has been successfully operated by a husband-and-wife team and has earned itself a fine reputation with excellent trip advisor feedback and high repeat custom. The business is open for approximately 8 months per year due to lifestyle choice but can easily trade profitably all year round to greatly improve the already impressive trading accounts. The lower ground floor could easily be converted to additional letting accommodation which could be a holiday let / Air BnB. This turn-key guesthouse comes with a comprehensive handover to ensure continued success. Full accounts will be made available following a successful formal viewing.

ACCOMMODATION

From tarmacked car park up steps and through double glazed doors into:

VESTIBULE

This area is very bright due to the large window into the conservatory, front door into:

HALLWAY

Carpeted with reception desk and stairs to upper and lower levels, part-glazed door to:

LOUNGE/CONSERVATORY

7.22m x 4.07m

LOUNGE AREA

With feature fireplace sofa and tv, large windows to side

CONSERVATORY AREA

With comfortable seating overlooking the car park

INNER HALLWAY

With doors leading to guest room and dining room and stairs down to:

BAR AND GAMES ROOM (currently not in use but because of size and separate door to front, this would be ideal as self-contained apartment)

Open plan room split into two areas:

GAMES ROOM

4.56m x 4.75m

With pool table, dartboard and table and chairs.

BAR

4.70m x 4.36m

Full bar with optics, shelving for glasses and other stock, bar stools, 4 tables and chairs, wall mounted tv and stable door to outside

DINING ROOM

6.67m x 3.93m

A beautiful, light room with dual aspect large windows to front and overlooking the gardens to rear, 9 tables and chairs for 18 covers and sideboard for serving of cereals and storage.  Door out to guest garden area and door into:

KITCHEN

6.25m x 4.87m

With large window to front, matching base and wall mounted units, with inset double stainless-steel sink and drainer, 6 ring gas cooker with gas oven below, wall mounted electric grill, electric 4 pot bain-marie, plate warming cupboard, fridge, commercial microwave and large stainless steel topped island which is very usual during breakfast service. To the rear of this very large area which houses tumble dryer and plumbing for washing machine. Also, there is a handy storage cupboard which houses the central heating system.  Door to additional owners’ patio and archway into:

LETTING ROOMS

All the letting bedrooms are en-suite and finished to a very high standard.  They have wall flat screen TVs, hospitality trays, bedside tables.

GROUND FLOOR

BEDROOM 1

Family room with double and 2 single beds, window to front and en-suite with shower, wash hand basin and WC.

BEDROOM 2

Patio Suite with double bed and seating area and door out to its own guest patio, access to guest garden and window with garden view and en-suite with shower, wash hand basin and WC.

FIRST FLOOR HALF LANDING

BEDROOM 3

Double with window overlooking garden and en-suite with shower, wash hand basin and WC.

LINEN CUPBOARD

BEDROOM 4

King size bed with window to front and en- suite with shower, wash hand basin and WC.

BEDROOM 5

Double with window overlooking the garden and en- suite with shower, wash hand basin and WC.

BEDROOM 6

Twin bedded room with window to front and en-suite with bath and shower over, wash hand basin and WC.

FIRST FLOOR

BEDROOM 7

With 4 poster bed, window to front and en-suite with shower, wash hand basin and low level WC

BEDROOM 8

Single with window to front and en-suite with shower, wash hand basin and low level WC

UNDERSTAIRS STORE CUPBOARD

BEDROOM (currently used as additional owners’ accommodation, but could be incorporated back into letting accommodation)

Double with dual aspect windows to front and side and en-suite with shower, wash hand basin and WC.

STAIRS TO

LOFT ROOM (currently used for storage)

4.23M x 2.83m

With window to front, door to under eaves storage and saloon doors into en-suite with bath, wash hand basin and WC.

OWNERS ACCOMMODATION

Either access through the kitchen or its own entrance

FROM KITCHEN THROUGH DOOR

STEPS DOWN

LOUNGE/DINER
4.45m x 6.47m

Double glazed French windows to private patio and feature fireplace, ample space for 3-piece suite, tv and dining room table and chairs

STEPS UP

BEDROOM

3.96m x 3.90m

With large windows overlooking the garden and built in double wardrobes and en- suite with shower, vanity unit with wash hand basin and WC.

OUTSIDE

To the front of the property is a car park for approximately 6 cars. To the rear there are the owner’s private patio and the guest garden with seating and summer house.

FIXTURES & FITTINGS

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

SERVICES

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

BUSINESS RATES

Please make your own enquiries on the local valuation website (VOA) at www.voa.gov.uk

LEGAL FEES

Each party to bear their own legal fees in connection with the sale/purchase of this business.

TENURE

Freehold

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.  TEL. 01803 328880 Email. [email protected]   www.warecommercial.com

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Contact the seller for more details, or book a viewing

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A Beautiful 8 En Suite Bedroom Guest House - millbrookguesthouse / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.