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Victorian 11-Bedroom Guest House in Torquay Devon, Ideal for B&B, Airbnb or Redevelopment

Torquay, Devon
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COMING SOON - 11 Bedroom Guest House Photo 1
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COMING SOON - 11 Bedroom Guest HouseCOMING SOON - 11 Bedroom Guest HouseCOMING SOON - 11 Bedroom Guest HouseCOMING SOON - 11 Bedroom Guest House
  • Status

    FOR SALE

  • Date Submitted:

    01/05/24

  • Advert ID

    610635

  • Reference

    EvergladesComingSoon / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £595,000
  • Turnover: On request
  • Net Profit: On request

Business Details

COMING SOON 11 Bedroom Guest House

COMING SOON
A wonderful Victorian 11-bedroom En suite guesthouse is for sale in an enviable location, just minutes' walk from the town centre, harbour and beach. The property features its own large car park for guests, a spacious garden, balcony terrace and a two-bedroom owners’ accommodation. For many years, this business has operated successfully as a B&B, but recently operations have been scaled back due to our clients’ many other business interests. Given its size, the property could easily be repurposed or converted, suitable for an HMO, fully automated Airbnb accommodation, or even redevelopment. Early viewings are highly recommended.

LOCATION

The property is situated on St Marychurch Road, ideally positioned between the town centre and the local amenities of St Marychurch and Babbacombe. It's a short walk to the town centre, harbour and marina, with convenient access to local bus and railway stations, as well as major arterial roads connecting to cities like Plymouth and the cathedral city of Exeter, which boasts an international airport.

BUSINESS

The Everglades has traded successfully under its present owners for several years, earning a fine reputation with locals and visitors alike. Despite deliberately restricting opening periods and room availability due to the owners’ other business interests, we as agents believe there is significant scope to expand turnover by enhancing internet presence, fully utilising all guest bedrooms, or reinventing the property. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION COMPRISES:

ENTRANCE HALL

Accessed from the car park through a large door leading to a spacious hallway with a turning staircase to upper floors and doors to:

GUEST LOUNGE

A large room with ample space for multiple tables and chairs, along with a comfortable sofa suite.

DINING ROOM

Adjacent to the kitchen, well-appointed with ample space for a variety of tables and chairs, benefitting from sliding patio doors leading out to a balcony terrace.

KITCHEN

Galley-style space equipped with all necessary equipment and gadgets for food preparation.

LETTING ACCOMMODATION

All rooms are furnished with guest house bedroom furniture and boast good En-suite facilities. The rooms meet high standards and feature up-to-date amenities including LCD Digital Freeview TVs.

GROUND FLOOR

Bedroom 1

Double room with a double bed, En-suite shower, low-level WC and washbasin.

FIRST FLOOR

Bedroom 2

Family room with a double and single bed, En-suite shower, low-level WC and washbasin.

Bedroom 3

Double room with a King-size double bed, En-suite shower, low-level WC and washbasin, overlooking the garden and offering sea glimpses.

Bedroom 4

Double room with standard double bed, En-suite shower, low-level WC and washbasin, also overlooking the garden and offering sea glimpses.

Bedroom 5

Double room with a double bed, En-suite shower, low-level WC and washbasin.

Bedroom 6

Single room with a single bed, En-suite shower, low-level WC and washbasin.

Bedroom 7

Single room with a single bed, En-suite shower, low-level WC and washbasin.

Bedroom 8

Double room with a double bed, En-suite shower, low-level WC and washbasin.

Bedroom 9

Double room with a double bed, En-suite shower, low-level WC and washbasin.

Bedroom 10

Double room with a double bed, En-suite shower, low-level WC and washbasin.

Bedroom 11

Double room with a double bed, En-suite shower, low-level WC and washbasin.

OWNERS’ ACCOMMODATION

Situated on the ground floor, the owners’ accommodation comprises two double rooms, a family bathroom and a large lounge/dining room leading out to a private balcony, terrace and gardens.

OUTSIDE

To the side of the property is a large block-paved car park for guests, while the rear features a south-facing enclosed garden with mature shrubs and palm trees. There's also a balcony terrace accessed from both the owners’ accommodation and the guest dining room—a rare find for a town centre guesthouse and a valuable addition to this magnificent Victorian villa.

FIXTURES AND FITTINGS

All trade fixtures and fittings (excluding the vendor's private inventory) will be included in the sale. A full inventory will be provided before the exchange of contracts. All stock will be sold at valuation upon completion. No testing of these fixtures or appliances 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](www.voa.gov.uk)  (currently, the property is fully exempt from business rates due to small business rates relief).

TENURE

Freehold

VIEWINGS

All viewings are to be conducted strictly by appointment via the agents Ware Commercial. Contact: Tel.: 01803 328880 or 01392 462266 Email: [email protected]  Via website: www.warecommercial.com

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Contact the seller for more details, or book a viewing

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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.

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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.

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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.'.

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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 ÂŁ1, 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 'COMING SOON 11 Bedroom Guest House - EvergladesComingSoon / 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.