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Victorian Guest House with Six Bedrooms and Ample Parking for Sale in Torquay Devon

Torquay, Devon
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A Beautifully Presented, Detached, Victorian Guest House Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    30/04/24

  • Advert ID

    610590

  • Reference

    RedholmeGuestHouse / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £785,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A Beautifully Presented, Detached, Victorian Guest House

A beautifully presented, detached, 6 letting bedroom Victorian guest house for sale, located right next to Torquay’s idyllic harbour and seafront. This previously established business had been operating successfully for many years and generates an impressive income. Because of the excellent condition throughout this guest house can easily generate the same as others twice its size, but with much less work required. The property benefits plenty of parking, a large dining room, lounge, garden to the front with mature shrubbery, palm trees, seating and a terrace. The owners’ 3-bedroom accommodation is spacious with stunning views and has its own lounge, dining area, garden area and much more. Early viewings are highly recommended.

LOCATION

The guest house is situated in a fantastic, elevated position and is reluctantly being placed onto the open market because of poor health. Currently the business is not trading, but this could be easily changed.

Torquay is one of the UK’s most popular holiday destinations, with good all-year-round trade. It is only a short distance from Dartmouth and an 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 just a short walking distance from the picturesque Marina and Harbour of Torquay and a level walk along the esplanade, with lovely views over Torbay to Paignton and Brixham. Within a short walk is the main shopping precinct, Princess Theatre and the Riviera Convention Centre.

BUSINESS

Redholme Guest House traded successfully until 2023, poor health forced our client to close the business for the whole summer season. However, for many years, the business enjoyed a high level of repeat custom and was much liked by visitors and locals alike. During this time, they only traded with four letting rooms due to lifestyle choice but could easily trade on 6/8 En-suite rooms, depending on how much owners’ accommodation is required. It traded only by a husband-and-wife team without needing any staff and we, the agents, feel that there is tremendous scope to trade successfully again and take advantage of the fantastic location, quality accommodation on offer and open for business within a week or two. Historical trading accounts can be made available following a successful formal viewing.

ACCOMMODATION COMPRISES

Entrance through a large car park to

PORCH

An impressive porch entrance with original flooring, roof lantern and large door to

VESTIBULE. 1.79m x 1.43

With original Victorian tiles, wall mounted fire and alarm system.

Glazed door to

RECEPTION HALLWAY

A lovely open spaced area with a grand turning staircase to upper floors, together with a large beautiful stained-glass window which has been double glazed to the rear. The reception area has a small, delicate fold down reception table, cloak room with WC & hand wash basin with original parquet flooring, wall mounted tourist pamphlets and door to

INNER HALLWAY

With door to

DINING ROOM 1

4.76m x 4.40m

A lovely looking room normally with four/five tables and chairs together with an ornate fireplace with inset wood burner, parquet effect flooring, wall art, shelving, music sound system, bookshelves, highly ornate decorative coving and three large windows to front, creating a bright and airy room. (currently being used as owners’ lounge)

Archway to

ORANGERY (DINING ROOM 2)

4.47m x 2.52m

An additional dining area should it be required. It comprises of two tables and chairs with wrap around windows with wood effect flooring, large mirror and door leading to front garden.

KITCHEN

5.19m x 3.27m

A large spacious area which has been comprehensively equipped with an array of wall mounted and base fitted units with inset twin stainless steel sink and drainer, eight ring gas hob range cooker with double oven and grill, several coffee filter machines, water boiler, toasters, microwave oven, large amounts of work top space and much more. The kitchen benefits from dual aspect large windows to rear & side, creating much natural day light and ideal working conditions.

UTILITY ROOM

2.30m x 1.64m

Up some steps from the kitchen is a room with washing machine, tumble dryer, WC, Belfast sink with window to side.

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.

GROUND FLOOR

ROOM 1

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

FIRST FLOOR HALF LANDING

A beautiful galleried landing which overlooks the stained-glass window and doors to

CLOAK ROOM

With a WC, wash hand basin and window to side.

BATHROOM

With a full-length bath, wash hand basin and window to side. (Not used)

ROOM 2

A double room with standard double bed. The En-suite comprises of a shower, low level WC and wash hand basin. The bedroom benefits from two individual comfortable chairs and a window to the front overlooking the garden and far-reaching views.

ROOM 3

A double room with a Super King bed (zip & link bed, either twin or double). The En-suite comprises of a double corner shower, low level WC and wash hand basin. The bedroom has a comfortable two-seater sofa and window to front of the property overlooking the garden and far-reaching views.

ROOM 4

A double room with standard double bed. The En-suite comprises of a shower, low level WC and wash hand basin. The bedroom benefits from two individual comfortable chairs and a window to the front overlooking the garden and far-reaching views.

ADDITIONAL LETTING ROOMS NOT BEING USED

ROOM 5

A double room with window overlooking the rear and with bathroom facilities comprising of shower, low level WC and wash hand basin.

(Currently used for general storage)

ROOM 6

A double room with window overlooking the rear and with bathroom facilities comprising of shower, low level WC and wash hand basin.

(Currently used for general storage)

SECOND FLOOR HALF LANDING

With a window to side creating much natural day light.

SECOND FLOOR

STORAGE ROOM

2.07m x 1.62m

This room is used for the general storage of linen, vacuum cleaners, cleaning materials and guest teas and coffees etc.

Door to

LOFT

A very large usable boarded loft space with ample storage space.

OWNERS ACCOMMODATION

SECOND FLOOR

BEDROOM 1

A double room with a window to the side and bathroom facilities comprising of a shower, low level WC and wash hand basin.

BEDROOM 2

A substantial suite sized room with ample space for a lounge area, Super King bed and bathroom facilities comprising of a shower, low level WC and wash hand basin. The views from this room are panoramic, overlooking the harbour, sea and over the town of Torquay.

The owners also benefit from additional space on the ground floor.

LOUNGE.

4.98m x 4.21m

A large room with an ornate fire surround with inset wood burner and ample space for a large sofa suite, TV and three windows to front overlooking the garden.

DINING ROOM

3.32m x 3.31m

This area is just to the rear of the kitchen and used mainly as a family dining room.

LOWER GROUND FLOOR

From the rear of the kitchen are steps leading down to two fantastic spacious bright and airy rooms. There are windows to the front and this area has been comprehensively tanked, making it ideal for owners’ accommodation.

ROOM 1

4.55m x 3.89m

This room is currently used as an office and has a window to the front of the property, overlooking the garden.

ROOM 2

5.17m x 3.18m

The room is currently used as a cinema / music room and has a window to the front of the property, overlooking the garden.

OUTSIDE

PARKING

To the front and side is substantial car parking space for approx. 10 vehicles and a double garage.

GARDEN / TERRACE

Immediately in front of the property is a lovely large, secluded area laid to lawn and to the side is a spacious terrace with tables and chairs for customers use.

WASH DOWN ROOM.

2.88m x 1.64m

A fantastic space should a guest or owner come back after they’ve been sailing, diving etc. or for a dog which needs to be washed down and cleaned. It comprises of tiled walls, water floor run-off, washing machine, tumble dryer and dry clothing hanging rack. This room is accessed from the side of the property.

SIDE COURTYARD (owners)

A very large space with a brick built shed for drying wood, storing bikes etc. Also, an elevated second terrace area which would be ideal for a jacuzzi and benefits from enclosed wall which would provide privacy. To the front of this is a large, paved terrace offering much additional space which could ideally accommodate many tables and chairs, BBQ and much more. There is also a gate to the front.

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]   www.warecommercial.com

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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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