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Exceptional B And B Business In Torquay For Sale

Torquay, Devon, UK
Asking Price:
£889,000
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

Exceptional Bnb Business Good Profits

An exceptional & profitable business, this fabulous 4 star, licensed, bed & breakfast is detached, with a heated 30ft swimming pool and large car park, well located within easy reach of the town, the seafront and many tourist activities.

With excellent presentation, having undergone a full refurbishment programme, there are 12 spacious quality en-suite guest bedrooms, contemporary dining/breakfast room and separate bar/lounge for guests.

The spacious owners’ quarters, which could accommodate two families or staff, have their own private kitchen, three bedrooms and fabulous lounge with doors opening onto the owners’ private gardens

A magnificent property, standing proud on a large plot with sea views

This fabulous, grand detached property is situated well for many amenities in Torquay. With 4 star rating and 5 star quality, the 12 En-suite rooms cover a range of sizes including family size rooms & suites. The property has been extremely well maintained and improved by the current owners who have genuine reasons for selling this wonderful business.

The Cimon offers a wonderful feeling of space both inside & out. On a good size plot, there is a car park, enclosed swimming pool and sun terrace.

The current owners have developed the business efficiently, increasing the turnover and more so the profits. The turnover is circa £200,000 per annum, gross, with good profits

Award winning with the Trip Advisor Hall of Fame after many excellent reviews and the Trip Advisor travellers choice award as a Top 10 UK Hotel. The Cimon attracts a good client demographic with above average nightly rates paid and many repeat guests

• Detached property, having undergone a full refurbishment

• Set in a large plot, with car park, swimming pool and sun terrace

• 12 Letting Bedrooms, all en-suite and spacious, covering a range of sizes

• Fabulous period character with tall ceilings and a grand staircase

• Spacious owners’ accommodation plus separate staff/owners rooms

• Separate gardens for the owners with open access from Lounge

• Profitable business with turnover of circa £200,000 gross

• Licensed premises with Lounge/Bar for guests attracting evening spend plus daytime spend with
the benefit of guests staying on site to use the pool

• Ideal for transfer and can easily expand by increasing the food offering; snacks, lunch & dinner

• Excellent presentation with stylish interior across communal and guest rooms

• Definitely one to view to appreciate the presentation and space on offer

For full sales particulars and to organise a viewing please contact BusinessXchange who are acting as sole selling agents for this business

Property Information

Property:

Freehold

Location:

Situated on the English Riviera, well placed in Torquay, close by the town, and easy walk to the Seafront, within easy reach of the many tourist activities

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Expansion Potential:

There is good potential to expand the business with a wider food offering

Other Information

Support & training:

There will be a handover on transfer of business

Website:
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Contact Information

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