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

Paignton, Devon, ID 166268

Large guest house for sale in Paignton Devon with 12 ensuite rooms and owners’ accommodation 1
Large guest house for sale in Paignton Devon with 12 ensuite rooms and owners’ accommodation 1
Asking price:
GBP£550 000
Owner
Owner's representative

Сontact with me Owner's representative

Description

Three Palms Guest House in Paignton

Business type: guest house

Location: Queens Road, Paignton, Devon

Property type: detached

Current management: owner-operated

Location

Nearby destinations:

  • Paignton beach
  • Paignton harbour
  • Town centre
  • Railway station
  • Bus station

Regional access:

  • Torquay
  • Exeter
  • Plymouth
  • Dartmoor National Park

Business Operation

Trading period: approximately seven to eight months per year

Current service: room-only accommodation

Breakfast: available at an additional charge

Profitability: reported as profitable by the owners

Repeat customers: regular

Trading figures: available after a formal viewing

Guest Bedrooms

En-suite letting bedrooms: 12

Room types:

  • Double rooms
  • Twin rooms
  • Family rooms
  • Interconnecting rooms

Bedroom facilities:

  • Contemporary furniture
  • Seating
  • Smart televisions
  • Wi-Fi
  • Hospitality trays

Reception and Public Areas

  • Reception seating
  • Tourist information area
  • Inner hallway
  • Stairs to upper and lower floors

Lower Ground Floor

  • Kitchen
  • Servery
  • Utility area
  • Storage areas
  • Breakfast room
  • Bar
  • Storeroom
  • Workshop

Ground-Floor Annexe

Bedrooms: two

Possible use:

  • Granny annexe
  • Additional owner accommodation
  • Airbnb accommodation
  • Holiday letting unit

Annexe accommodation:

  • Lounge
  • Bedrooms
  • Bathrooms
  • Access to private patio areas

Owners’ Accommodation

Bedrooms: three

  • Private lounge
  • En-suite facilities
  • Cloakroom

Outside Areas

  • Guest seating areas
  • Palm trees
  • Mature shrubs
  • Hanging baskets
  • Rear patio

Parking

Front parking: seven cars

Rear parking: eight vehicles

Total parking capacity: approximately 15 vehicles

Fixtures and Fittings

Trade fixtures and fittings: included

Vendors’ private belongings: excluded

Full inventory: provided before exchange

Utilities and Business Rates

  • Mains gas
  • Mains electricity
  • Mains water
  • Mains drainage

Services testing by the selling agents: not undertaken

Business rates: available upon enquiry

Development Options

  • Trade throughout more of the year
  • Develop self-catering accommodation
  • Use the annexe for short-term letting
  • Create additional holiday units
  • Increase breakfast sales

Reason for Sale

Owners moving overseas

Details

Real Estate: Real Estate Included
Asking price: 550 000 gbp

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