Berry Hotel, Berry Square, Paignton, Devon Asking Price Of £420,000 (Freehold)

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Full Details

The Berry Hotel is situated in an excellent trading area of Paignton, being close to the seafront beach and pier. Paignton is set in the heart of The English Riviera between Torquay and Brixham and renowned as a much-loved family holiday destination. Famous for its colourful beach huts and award winning sandy beaches you can choose between Preston and Paignton Sands, nearby Broadsands or try a spot of rockpooling at Goodrington beach. Youngs Park, Paignton Zoo and Splashdown Quaywest are just a few of the many attractions on offer, or why not slow the pace with a costal walk to absorb the beautiful Devon coastline.

The Berry Hotel has been run by the vendors for some 10 years and during this time they have continued to re-invest into the business which specialises in family holidays and presently trades as a B&B. A particular feature of this business is the spacious ground floor 3 bedroom owners’ accommodation with separate private access and viewing is highly recommended.

The Business The guest rooms are of a generous size and are laid out over the first and second floor with en-suite shower rooms. For those guests of all ages who prefer a bath then there is a separate guest bathroom.

The current owners currently trade 12 months a year; however, they do close over the Christmas period. Our clients choose to trade under the VAT threshold (2017/18 £85,000) with healthy profits.

Double glazed entrance door with large windows to either side to reception hallway.

Easy rising stairs to guest letting rooms on both first and second floor. Guest Sun lounge 4.80m x 1.82m Large double-glazed windows to front and side with views over the gardens to front, radiator. T.V

Reception office Open shelving and countertop, fire alarm control panel.

Guest Dining room 7.48m x 4.56m Covers for 28 guests with double glazed bay window overlooking Berry Square.

Commercial Kitchen
A very well-appointed commercial style kitchen, fully fitted and equipped. An inventory of all the equipment included in the sale will be prepared at contract stage. Dry goods store. Laundry and boiler room.

Owners accommodation
Located on the ground floor and comprising: Lounge / dining room 8.22m x 4.59m (narrowing in dining area 3.41m)
Spacious open plan room being dual aspect, radiators. Inner hall way, radiator, window to side and side entrance door from owners private parking area.

Bedroom 1 3.14m x 3.33m window to side, radiator. Door to bedroom 3
Bedroom 2 3.02 x 2.58 window to side, radiator.
Bedroom 3 3.34 x 2.54m window to side, radiator. Presently used as study.
Family Shower room.

Guest accommodation Located on the first and second floor, all rooms are en-suite and have tea and coffee making facilities and wall mounted T.V’s

First floor accommodation: 1 x Single room, 2 x Double room, 2 x Family rooms 1 x Guest shared bathroom

Second floor accommodation: 1 x Single room, 1 x Twin room, 1 x Family room, 4 x Double rooms

28 bed letting spaces in total.

Rateable Value £11,000 as at 1st April 2017

All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

Each party to be responsible for their own legal costs incurred.

Torbay Council Torbay Tourism Strategy
Adopted planning policy, TU6 &TU7, zones all holiday accommodation in the “Bay” by a traffic light system with regards potential alternative planning uses being granted.
Red = Core Tourism area - little or no likelihood for any change of use
Amber -There may be a possibility of but subject to strict test
Green - Alternative uses including residential may be given consideration.
The Berry Hotel is within a designated Green zone

Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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