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Home And Income 23 Bedroom Hotel In Teignmouth For Sale

Teignmouth, Devon
  • £795,000

Sales revenue:
£30,000
Cash flow:
0 - £100k
Contact Seller
Main Residence

1/3Main Residence




Home & Income Situated in a popular residential area of Teignmouth is this enlarged detached residence originally operating as a 23 bedroom Hotel. Our clients acquired the property about 15 years ago and have over the years developed the property into a home and income providing a very pleasant 5/6 bedroom family home and in the adjoining wing 5 self-contained apartments as well as a garden apartment.

The private quarters provide surprisingly spacious accommodation with 2 reception rooms, private office, fitted kitchen and utility room and cloakroom on the ground floor and 6 bedrooms on the first floor. The property is used as a private residence at the moment but a discerning purchaser could quite easily adapt the property to Bed and Breakfast accommodation thereby increasing income further.



Property:
Freehold
Living accommodation:
The private quarters provide surprisingly spacious accommodation with 2 reception rooms, private office, fitted kitchen and utility room and cloakroom on the ground floor and 6 bedrooms on the first floor. There are also 6 Apartments
Location:
In a popular residential area of this resort Inglewood is within walking distance of all the Town centre amenities. Teignmouth is an attractive Victorian coastal resort located in South Devon 15 miles from Exeter and approximately 9 miles from Torquay. The nearest market town is Newton Abbot which is some 5 miles distance. Both Teignmouth and Newton Abbot benefit from main line railway stations and the City of Plymouth is some 35 miles away approximately.


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