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Exceptional 7 Letting Room Guest House for Sale

Paignton, Devon

Freehold : 340,000

This superb guest house is located on a quaint cul-de-sac just outside the town centre of Paignton. This sought after trading position contains a wealth of complimentary shops and businesses as well as some excellent schools, leisure facilities and the renowned conference centre. Paignton, part of Torbay which is in Devon, is famed for its blue flag sandy beaches and is a popular destination for visitors and holiday makers who have been flocking to the area, particularly during the summer months since Victorian times to enjoy the towns many attractions as well as the stunning rolling countryside of near by Dartmoor. It also enjoys its own micro climate making it one of the warmest places in the UK. The town is easily reached by the M5 motorway which is accessed at the nearby city of Exeter.

EXCEPTIONAL 7 LETTING ROOM GUEST HOUSE - DEVON
Early viewing is essential to fully appreciate
Situated in the bustling town of Paignton
3 bedroom owners' accommodation
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb guest house which has been established since 1919 and has been in the careful hands of our clients since 2005. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our clients took ownership of the business they have informed us that due to their ill health, they have been unable to run the business to its full potential, however they have maintained a steady stream of regular customers and as demand is high for the services of this business, a new hands on owner operator would be able to increase trade in a relatively short period of time. The guest house is extremely popular due to its' location in the business district and its forward bookings run well into 2014. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Trades all year round
 
Accommodation: Well presented 3 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Reception/welcoming area

Guest lounge

Breakfast room with ample dining tables & chairs for approximately 16 covers

Fully fitted kitchen

Owners' Accommodation
Lounge
Kitchen
2x double bedrooms
1x single bedroom
Bathroom

FIRST FLOOR
Guest bedroom - Twin room with en-suite
Guest bedroom - Double room with en-suite
Guest bedroom - Double room with en-suite
Guest bedroom - Single room with en-suite

SECOND FLOOR
Guest bedroom - Double room with en-suite
Guest bedroom - Double room with en-suite
Guest bedroom - Single room with en-suite

EXTERNAL
Parking to the front & rear for a total of approximately 6 vehicles

 
Tenure: We are advised freehold
 
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