GBP £

Large guest house for sale in Paignton Devon with 12 ensuite rooms and owners’ accommodation

Paignton, Devon, ID 166268

Asking price:

GBP £550 000

Owner

Owner's representative

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Description

Guest house with 12 en-suite bedrooms, a 2-bedroom ground floor granny annexe, and a 3-bedroom owners’ accommodation. The property includes large parking to the front and rear and is close to the seafront. The detached property offers potential for self-catering, Airbnb, or holiday units. Three Palms has been owner-operated for many years, trading 7-8 months per year, currently offering room-only with breakfast at an additional charge. All rooms and public areas are well maintained, and the sale is due to the owners moving overseas. LOCATION Situated in a prime location in Paignton, Devon, on Queens Road, minutes from the beach, harbour, town centre, rail and bus stations. Close to Plymouth, Exeter, Torquay, and Dartmoor National Park. BUSINESS Established and profitable business with a high rate of repeat custom. Currently trades 7-8 months per year, with potential to increase turnover and net profit. Trading figures available after formal viewing. ACCOMMODATION Reception area with seating and tourist information Inner hallway with stairs to upper and lower floors Lower ground floor includes kitchen, servery, utility and storage areas, breakfast room and bar, store, and workshop Letting accommodation comprises 12 en-suite bedrooms with contemporary furnishings, seating, smart TVs, Wi-Fi, and hospitality trays. Bedrooms include doubles, twins, family rooms, and interconnecting rooms suitable as suites. Granny annexe or additional Airbnb/owners’ accommodation includes lounge, bedrooms, and bathrooms, with access to private patio areas. Owners’ accommodation is bright and spacious with lounge, bedrooms, ensuites, and cloakroom. OUTSIDE Seating areas with palm trees, mature shrubs, hanging baskets, and rear patio. PARKING Front parking for seven cars, rear parking for eight vehicles. FIXTURES AND FITTINGS All trade fixtures and fittings included except vendors’ private items. Full inventory provided prior to exchange. SERVICES Mains gas, electricity, water, and drainage connected. No testing carried out by agents. Business rates available on enquiry.