Ware Commercial, Torquay

Palms Hotel, Babbacombe Road, Torquay, Torbay

£495,000

Size

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Tenure

Freehold

EPC

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Parking

3

Primary use
Guest house
Other use(s)
Hotel
Bedrooms
10

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Central heating
  • Natural light
  • Outdoor seating
  • Security system

Key features

  • Prime Location
  • Walking Distance to the Harbour, Marina, seafront & Town
  • Parking
  • Profitable Business
  • Excellent Reviews
  • Repeat Custom

Description

A delightful 9 bedroom guest house, with all bedrooms benefiting from en-suite facilities, ideally situated in a prime location just a short walk from Torquay's beautiful marina. Enjoying a loyal customer base with a high level of repeat business, the guest house is currently marketed exclusively through Booking.com, where it has earned outstanding reviews from guests. The property also benefits from flexible 1 or 2 bedroom owner's accommodation, together with off-road parking for three vehicles to the rear, an invaluable asset in this highly sought-after location. Early viewings are highly recommended.

LOCATION

Ideally located in an elevated position and only a few hundred yards from the harbour, sea front and town centre, but still enjoying a quiet, central location.  Torquay is one of the UK’s most popular holiday destinations, with a good all-year round trade and being only a short distance from Dartmouth and equal distance to Plymouth and Exeter with its international airport, mainline train station and M5 motorway.  Situated off Torwood Street, benefitting from being on the main scenic tourist route into Torquay and also with high vehicular passing traffic.

BUSINESS

Successfully operated by a husband and wife team for a number of years, the business has been run using a limited number of bedrooms, as the top floor has been retained for family use. Despite this, the guesthouse is highly profitable and has built an exceptionally loyal customer base, with a high level of repeat business and excellent guest reviews, resulting in minimal commission costs. The business is currently advertised exclusively through Booking.com, presenting an excellent opportunity for new owners to expand its online presence and further enhance the already impressive trading figures.


ACCOMMODATION

Entrance via terraced gardens to front with comfortable seating, palms trees mature planting and door into:

VESTIBULE

1.53m x 1.37m

With pin board, shelving for tourist brochures, ornate ceiling lantern and part glazed door into:


MAIN RECEPTION FOYER

This area is well presented area with coffee table and 2 x comfortable chairs, water cooler, book shelving, fire alarm panel, turning staircase to upper floors and door to


DINING ROOM

5.50m x 3.66m

With 8 x table and chairs for approx. 16 covers, extensive breakfast bar, ornate fire place & hearth, ceiling light with fan and 3 x large windows to front making this room very bright and airy.


OFFICE

2.99m x 1.18m

An ideally located area with desk, chair, telephone & broadband point and window to front.


INNER HALLWAY/STORAGE AREA

2.15m x 1.98m

Benefitting from under stairs cupboard, extensive shelving for general storage.


INNER CORRIDOR

Located between the kitchen and Inner hallway and acts as a utility area with commercial washing machine, gas operated tumble dryer and window to side.


KITCHEN

5.32m x 2.93m

Newly refurbished and conveniently located and on the ground floor with easy access to the dining room. Benefitting from an array of wall & base fitted units with inset twin stainless steel sink and drainer, 1 x 6 ring gas cooker and double oven, 1 x halogen table top griddle, 1 x 5pot bain-marie, 1 x dish washer, 2 x microwave ovens, 1 x upright fridge, 1 x upright freezer, 2 x under counter fridges, 1 x floor standing plate warmer, 1 x large water boiler, 1 x wall mounter gas central heating boiler, extraction canape, altro-flooring and window to both sides of the kitchen.


LETTING ACCOMMODATION


FIRST FLOOR HALF LANDING

BEDROOM 1

Twin with window to rear.

Fire Escape Door which leads to the rear.

CLOAKROOM

With low level WC and wash hand basin.

FIRST FLOOR

BEDROOM 2

Double with window to front and overlooking a beautiful park. En-suite shower, low level WC and wash hand basin.

BEDROOM 3

Family room with window to front and overlooking a beautiful park with a double and single bed. En-suite shower, low level WC and wash hand basin.

BEDROOM 4

Four Poster with window to front and overlooking a beautiful park. En-suite shower, low level WC and wash hand basin.

BEDROOM 5

Double with window to rear. En-suite shower, low level WC and wash hand basin.


SECOND FLOOR


BEDROOM 6

Single with window to side. En-suite shower, low level WC and wash hand basin.

BEDROOM 7

Double with window to front and overlooking a beautiful park. En-suite shower, low level WC and wash hand basin.

BEDROOM 8

Twin with window to front and overlooking a beautiful park. En-suite shower, low level WC and wash hand basin.

BEDROOM 9

Double with window to rear. En-suite shower, low level WC and wash hand basin.


OWNERS ACCOMMODATION

These ground floor flexible owner’s accommodation could be either one or two bedroomed and be accessed either from main entrance foyer or independently from side of property.


LOUNGE/DINER

6.99m x 3.51m

This large room benefits from an ornate fire place and hearth, wood effect quality flooring and large windows to front.

BEDROOM 1

7.47m x 2.71m

With 2 x built in wardrobes, suite of chest of draws and part glazed door to side entrance / court yard.

BEDROOM 2

3.61m x 3.40m

This room is currently used as an office / day room with a part glazed door to court yard which can accommodate small table and chair.

BATHROOM

A large L-shaped room with full length bath, separate corner shower, WC, 2 x wash hand basins, tiled flooring and walls and window to rear.

OUTSIDE

To the front there is terraced garden with comfortable seating, lit pathway to the hotel and large sign advertising the hotel.

To the rear is car park for the hotel and a pathway connecting to the front and main hotel entrance.

FIXTURES AND FITTINGS

All trade fixtures and fittings with the exception of our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents Ware Commercial.

SERVICES

Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at

TENURE

Freehold

VIEWINGS.

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. Email.   



Ware Commercial, Torquay

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Use class
C1
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Palms Hotel, Babbacombe Road, Torquay, Torbay

NEAREST STATIONS

National Rail

Torquay Station

1.07 miles

National Rail

Torre Station

1.43 miles

National Rail

Paignton Station

2.78 miles

About Ware Commercial, Torquay

Ware Commercial, Torquay

Ware Commercial Estate Agents Devon have offices based in Torquay & Exeter, Devon and offer businesses for sale and commercial properties throughout the South West and the UK.

Drawing on over 35 years of experience, Ware Commercial Estate Agents specialise in the market appraisal and marketing of businesses, land and commercial properties.

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Disclaimer - Property reference Palmshotel. 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.