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7 bedroom terraced house for sale

Grand Parade, The Hoe

£550,000

Property Description

Key features

  • Charming Victorian Property
  • Adjacent To Waterfront
  • Six En-suite Bedrooms
  • Close To Barbican Area
  • Well Established Guest House
  • All Certificates up to date
  • No Onward Chain
  • Turnover approx. 74,000
  • Net Profit 49,000
  • EPC- C79 G1

Full description

If you are seeking a home and profitable business that will allow you to enjoy the lifestyle of a vibrant waterfront location combined with fascinating history and all the amenities of a large city, then Cross Keys Estates have just the thing in this stylish and immaculate property.

The Property - The Rusty Anchor guest house is a classic late Victorian house situated on Grand Parade. Originally a private dwelling, it was converted into a guesthouse after the Second World War, and has been run as such ever since.

The open plan kitchen/dining room creates a warm and welcoming atmosphere for guests, while the spacious Victorian architecture gives a feeling of modest grandeur.

The property has six tastefully decorated en-suite bedrooms, some with sea views.

There is a self-contained owners flat attached to the rear of the property, which provides complete privacy.

The present owner has run the guesthouse successfully for the past 12 years and has kept the property well maintained and decorated to a high specification.
The rooms are stylishly presented, and have an individual quirkiness that creates a warm and relaxing ambience.
At the entrance, there is a small seating area where guests can relax in the sunshine.
There is an enclosed courtyard area to the rear of the property, which has decking and useful storage currently fitted with plumbing for a washing machine and space for a tumble dryer. There is gated access from the courtyard to a rear service lane.

Location - The property is situated adjacent to the waterfront of historic Plymouth Hoe (the backdrop for Sir Francis Drakes legendary game of bowls), with its stunning views across one of the worlds largest natural harbours, and close to the Barbican, which boasts an array of specialist shops, restaurants, cafs, the National Marine Aquarium and the worlds oldest gin distillery. The whole area has a distinctly European feel because of the marinas, al fresco pavement cafs and waterfront bars and restaurants.

Local transport links are nearby, giving access to Plymouth City Centre and other areas further afield. The city hosts world-class events such as the Americas Cup World Series and the British Art Show, as well as its own unique events such as the British Fireworks Championships and the Barbican Jazz and Blues Festival.

The city itself has been the subject of much regeneration in recent years, which is continuing, helping to make it a growing venue for business. It has attracted top celebrity chefs such as Gary Rhodes, Hugh Fearnly-Whittingstall and Mitch Tonks to set up restaurants, and the influx of young people who come to study at the university and to work in marine science means that there is an increasingly vibrant atmosphere. In particular the Waterfront Business Improvement District has been operating since 2012, and will continue beyond 2017. It represents more than 600 businesses across the 3 square miles of the waterfront area, from marinas to accommodation providers.

Agents Note - Although we have endeavoured to provide accurate information about this commercial property, the figures provided have not been verified by us and should be checked by potential buyers before purchasing the property.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
26 March 2016

Map & Street View

Disclaimer - Property reference 26168153. 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 Cross Keys Estate Agents Ltd, Plymouth. 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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