Business Summary

Falcon Commercial is delighted to offer for sale this charming Guest House which was established over 30 years ago and has been under the proud ownership of our clients since 2009 and is now reluctantly being placed on the market due to ill health. During our clients stewardship the business has built up an excellent reputation for is welcoming atmosphere and friendly service.

Aquamarine Guest House is run on a bed & breakfast basis and is open all year round; it is popular with holiday makers and visitors as well as longer term guests. The business generates a healthy turnover which is in the region of £53,000 per year. Average room rates range from £32pppn in the winter to £35pppn in the summer. Due to its location and reputation the business has a higher than average level of repeat bookings.

This well presented guest house has a wealth of character period features that include a residents TV lounge and bar with a well-stocked free of tie servery and access onto a stunning elevated decked patio area. There is also attractively presented and appointed private owners two bedroom accommodation with separate access from the gardens which has a private owners lounge and fully fitted bathroom. This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

Premises

Aquamarine Guest House occupies a highly visible position just off one of the main roads that runs through Paignton, close to the sea front and a short walk from the town center. It is surrounded by a good mix of complementary businesses that includes shops, bars, restaurants and cafes. There is ample guest parking to the front of the property.

This delightfully presented Guest House has 8 letting bedrooms (all en-suite). The well maintained three storey semidetached premises benefits from gas central heating, partial double glazing and a fire alarm system. It briefly comprises:

Ground Floor

Public Entrance
Reception hall with staircase to further floors
TV Lounge with free of tie bar severy. Doors to patio
Breakfast Room
Fully fitted and well equipped kitchen/Private breakfast room with range of wall and base units, modern appliances and fitted sink unit.
Owners private lounge
Utility/laundry room.
Owners double bedroom
Owners single bedroom
Owners private bathroom
First Floor

1 x twin-bedded room with private en-suite facilities
2 x double rooms with private en-suite facilities
1 x double room with private en-suite facilities and fully fitted galley style domestic kitchen
Fully fitted bathroom

Second Floor

2 x family sized rooms with private en-suite facilities
1 x double room with private en-suite facilities
1 x single room with private en-suite facilities

External

Enclosed rear gardens
Decked patio area
Plumbed in hot tub
Two large timber built external store rooms.

All of the guest rooms have color TV/DVD and free Wi-Fi together with the usual complimentary hospitality facilities

Location

Paignton is a popular holiday resort situated in Torbay some 18.5 miles miles south of Exeter. It started as a small fishing village, until 1837, when a new harbour was constructed and the town began to grow. As was the case with its close neighbour Torquay, the coming of the railway in 1859 led to its rapid growth into a thriving holiday centre. The town retains many good examples of Victorian and earlier architecture, such as the late medieval stone built Kirkham House, run by English Heritage. Next door to the Parish Church stands Coverdale Tower, named after Bishop Miles Coverdale of Exeter, who published an English Bible translation in 1536.

Today, the entire Torbay area continues to enjoy its reputation as the English Riveria due to the mild climate and sub-tropical trees and gardens and Paignton now has all the gift shops, restaurants and guest houses you would expect to find in a major seaside resort. Paignton sands stretch alongside a fine esplanade which is dominated by the 780 ft (240 m) Pier and there are more sandy beaches from Goodrington to Hollicombe Bay.

Paignton’s population in the United Kingdom Census of 2001 was 48,251.It has some excellent schools and some of the best leisure facilities around. The town enjoys excellent links with its own bus and rail stations. The M5 motorway is accessed at the nearby city of Exeter.

Property Details