11 bedroom guest house for sale

Citadel Road, Plymouth, Devon, PL1

Offers in Region of £495,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: C1 Hotels

Key features

  • Established business
  • Character grade II listed Victorian property
  • Fully fitted
  • Separate owners basement apartment
  • Spacious property
  • Potential to increase turnover
  • Genuine retirement sale
  • Plymouth Hoe area

Full description

Tenure: Freehold

Established 10 Bedroom Guest house For Sale In The Plymouth Hoe Area
Freehold Grade II Listed Victorian Town House
All Rooms Are En-Suite
Ref 2105

Location
The Ashgrove House B&B is located within a prime trading position close to the famous Plymouth Hoe promenade which lies in the heart of the City of Plymouth on the beautiful South Devon coast line. Plymouth is a port city known for its maritime heritage and historic Barbican district with narrow, cobbled streets.
Plymouth is the largest City in Devon and enjoys all year round trade with easy access via the A38/M5 and mainline railway station .

Business information
Asking Price: 495,000
Turnover: 75,000

Business Description
Veritas Business Sales are delighted to offer for sale this respected 10 Bedroom Guest House which is located in the desirable of Town of Plymouth. The business has been established for over 50 years and has been in the careful hands of my client for the last 13 years. Reluctantly the business is being offered for sale so they can enjoy a well deserved retirement. Since ownership they have continually refurbished and invested in new fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Ashgrove House is owner operated and employs the help of 1 part time chamber maid and has an annual turnover of 75,000. Room tariffs range from single room 45, double room 70, twin room 75, family room 85 for 3 people & 90 for 4 people. All prices are per room per night on B & B basis and include en-suit facilities, central heating, colour TVs and complimentary tea & coffee making facilities. Our client runs the business at a gentle pace to suit herself and chooses to trade below the VAT threshold. We believe that there is huge potential to increase trade should you wish. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Ground Floor
Entrance porch
Reception hallway with guest book
Guest lounge
Breakfast room with seating for (18)
W/C with hand wash basin
Laundry room with washing machine x 2 (Beko) & (Hoover)
Kitchen with double sink drainer, 8 burner gas hob/oven (Belling), extraction unit, wall 7 base units, microwave (Kenwood), fridge (Gram) and dishwasher (Beko)
Office with desk, fridge (Future), Dryer 7KG (Beko) and Dryer 8KG (Candy)

Basement Owners accommodation
Lounge
Hallway
Master bedroom with fitted wardrobes and corner bath en-suite
Kitchen with 4 burner gas hob/oven (Hotpoint), and back door to court yard

First floor
Room 1 Double with shower en-suite
Room 2 Family room with shower en-suite
Room 3 Double room with shower en-suite
Room 4 Twin with shower en-suite
Hot water tank cupboard
Linen stores

Second floor
Room 5 Family room with shower en-suite
Room 6 Single room with shower en-suite
Room 7 Family room with shower en-suite

Third floor
Room 8 Family room with shower en-suite
Room 9 Family room with shower en-suite
Room 10 Double with shower en-suite

External
Rear courtyard garden with stairs leading down to basement courtyard
Boiler room

Fixtures, Fittings and Effects
Normal fixture and fittings associated with this type of property are included in the sale and a detailed inventory of these will be supplied prior to exchange.

Viewings are to be arranged strictly by prior arrangement through our offices



Nearest stations

  • Plymouth (0.8 mi)
  • Devonport (1.3 mi)
  • Dockyard (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Truro

Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL

01872 490108 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Plymouth (0.8 mi)
  • Devonport (1.3 mi)
  • Dockyard (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Truro

Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL

01872 490108 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2105. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Truro. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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