Esplanade Road, Paignton, Devon, TQ4
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- SECTOR
Hospitality facility for sale
Key features
- luxury Holiday Apartments
- 7 purpose built units
- 2 bedroom cottage
- Stunning sea views
- Central location
- Ample Parking
Description
The property would suit a wide variety of alternative uses, and the business enjoys excellent repeat trade, strong goodwill, and forward bookings for the 2026 season. Full training and a comprehensive handover will be provided to ensure a smooth transition and continued success.
The property forms part of an attractive terrace and occupies a prime position on Paignton Sea Front, offering extensive sea and coastal views from its front-facing windows. It lies in a highly visible trading position and is a landmark site just a short, level walk from the main beach, historic harbour, pier, multi-plex cinema, resort town centre, and main transport links including railway and coach stations. Located at the southern end of the Sea Front, the business benefits from ample parking to both the front and rear.
This business has been successfully operated for many years by a husband-and-wife team without the need for staff. After significant investment and care, it is now presented for sale in exceptional condition throughout. The current owners choose to trade only during the summer season due to lifestyle preference; however, the property features an automatic self-check-in system using key boxes and individual key codes. The business boasts a top-five rating on TripAdvisor, reflecting the high contemporary standards on offer and its truly magical location right beside the water's edge. Full trading accounts will be made available following a successful formal viewing.
ACCOMMODATION (in brief)
All apartments feature modern, well-equipped kitchens with ample crockery, cutlery, glassware, utensils, and appliances. Bedrooms are furnished with high-quality beds, and bathrooms are of an equally high standard. Each unit offers free Wi-Fi and a smart TV enabling guests to use streaming services such as Netflix. Hairdryers are also provided.
GOODRINGTON - Reception Floor
A delightful apartment for two, featuring an open-plan double bedroom area, lounge/diner with kitchen, and separate bathroom. Boasts stunning sea views across the bay towards Torquay and beyond.
HOLLICOMBE - First Floor
A spacious one-bedroom apartment with lounge (including sofa bed), diner, kitchen, separate bathroom, and double bedroom, accommodating up to four guests. Enjoys beautiful sea views across the bay towards Torquay and beyond.
ELBERRY - First Floor
A spacious one-bedroom apartment with lounge/diner, kitchen, separate bathroom, and double bedroom for two guests. Views overlooking Paignton.
CHURSTON - Second Floor
A spacious one-bedroom apartment with lounge (including sofa bed), diner, kitchen, separate bathroom, and double bedroom, accommodating up to four guests. Features superb sea views across the bay towards Torquay and beyond
SHOALSTONE
A spacious one-bedroom apartment with lounge/diner, kitchen, separate bathroom, and double bedroom for two guests. Views over Paignton.
MEADFOOT - Ground Floor
A large duplex apartment over two floors with lounge/diner, kitchen, separate bathroom, and double bedroom for up to four guests. Includes a front-facing window and patio doors opening onto a rear courtyard-ideal for guests with dogs.
WATCOMBE - Ground Floor
A large duplex apartment over two floors with lounge/diner, kitchen, separate bathroom, and double bedroom for up to four guests. Includes a front-facing window and patio doors opening onto a rear courtyard-also suitable for guests with dogs.
THE COTTAGE
A charming two-bedroom cottage arranged over two floors for up to four guests. The spacious lounge/diner is complemented by a modern, well-equipped kitchen with windows to both the front and rear. This unit was previously used as owner's accommodation.
WASHROOM
Located on the reception level, this room contains a coin-operated washing machine and tumble dryer for guest use.
PARKING
To the front of the property is a large car park with individually allocated spaces for each apartment, plus two additional spaces at the rear assigned to the cottage. Trunking with 3 phase electricity has been installed underground at the front to enable future installation of rapid EV charging stations if desired.
FIXTURES AND FITTINGS
All trade fixtures and fittings, excluding the vendor's private items, are included in the sale. A full inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation upon completion. No testing of fixtures, fittings, or appliances has been undertaken by the agents, Ware Commercial.
SERVICES
Mains electricity, water, broadband, and drainage are all connected. No testing of services has been carried out by the agents, Ware Commercial.
BUSINESS RATES
Please refer to the local Valuation Office Agency (VOA) website for up-to-date details.
TENURE
Freehold.
VIEWINGS
All viewings and enquiries must be arranged through the agents, Ware Commercial.
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Esplanade Road, Paignton, Devon, TQ4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Paignton Station0.2 miles
- Torquay Station2.1 miles
- Torre Station2.8 miles
Notes
Disclaimer - Property reference FiveWayApart. 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 Ware Commercial, Torquay. 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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