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COMMERCIAL

Exmouth Road, Plymouth, Devon

Guide Price
£525,000
Bradleys, Plymouth Mannamead Road
PROPERTY TYPE

Mixed Use

BEDROOMS

10

BATHROOMS

9

SIZE

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Floorplan
1

Key features

  • Established 8 letting room guest house
  • Approximate gross annual income of £76,000
  • Spacious self-contained owner's accommodation
  • Double garage
  • Enclosed rear garden
  • Attractive views overlooking Devonport Park
  • Excellent trading location close to Plymouth City Centre
  • Lifestyle business with further potential to grow
  • Viewing highly recommended

Description

*£525,000 - £550,000*A substantial property overlooking Devonport Park, currently used as an established 8 letting room hotel with two spacious owners suits with potential to become a family home once again (subject to any required consents). Featuring a double garage, garden and generating approximately £76,000 gross p.a. on a room-only basis.

Material Information

Tenure - Freehold Council Tax Band - A Local Authority - Plymouth City Council Source Of Heating - Gas Central Heating Source Of Electric - Mains Electric Source of Water - Mains Water Arrangement for Sewerage - Mains Sewerage Parking - Garage and on street

Descritoion

A substantial and well established eight letting bedroom hotel occupying a prominent position on Exmouth Road, Plymouth overlooking the picturesque Devonport park. Currently operating on a room only basis, the hotel generates an approximate gross annual income of £76,000 offering an excellent opportunity for those seeking a proven hospitality investment with further potential of increased revenue. The property also benefits from two spacious owner's suites, allowing for comfortable on-site living, together with a double garage, attractive private rear garden and generous accommodation throughout. Whether you're an established operator looking to expand your portfolio or seeking a lifestyle business with proven income, this impressive hotel combines strong trading performance with substantial living accommodation.

Energy Performance Certificates

Picture No. 32

Exmouth Road, Plymouth, Devon

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station0.1 miles
  • Dockyard Station0.4 miles
  • Keyham Station1.0 miles

About Bradleys, Plymouth Mannamead Road

16 Mannamead Road, Plymouth, PL4 7AA
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

This award-winning company are contactable until 9 pm, 7 days a week and have a network of 30 other branches across Devon, Cornwall and Somerset giving your property maximum coverage and attracting buyers from all over the region and beyond.

The local Plymouth team are based on Mannamead Road, a prominent position in the town and offer a wealth of experience, enthusiasm, and professionalism. Their aim is to provide an unrivalled service, which is supported by the thousands of positive customer reviews they have received.

With neighbouring offices in Plymstock, Plympton, and just over the Tamar Bridge in Saltash, each property will be marketed to buyers searching across the local area.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference PLY260240. 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 Bradleys, Plymouth Mannamead Road. 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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