Characterful 6-bedroom Guest House
•Substantial property located over 4 floors
•
6 well-appointed rooms (5 en-suite)
•
80% regular / repeat business
•
Same ownership since 2006
•
Open all year round
–
good seasonal boost
•
4 star rated & 1 bedroom owner’s
accommodation
•
Parking for 6+ vehicles & central location
•
Robust turnover and excellent profits
Freehold Price:
£525,000 Asking Price
Westbury Guest House
Westbury Guest House, 51 New Road, Brixham, Torbay, TQ5 8NL
Ref: CD-20107
Summary
The Westbury is situated on the main thoroughfare into Brixham, is a stone's throw away from all local amenities and the harbour, which is the main tourist destination within this bustling town. With a
population of circa 20,000, Brixham is a small fishing town part of Torbay and enjoys an influx of tourism for the majority of the year.
Torbay has seen a huge investment program in recent months
http://www.torbaydevelopmentagency.co.uk/ culminating in increased transport links to Newton Abbot as part of a wider re-generation program which has seen a hive of activity from single, multiple and corporate operators now looking to invest in the area.
Torbay also boasts a number of historic sites including Torre Abbey Meadows and the birthplace if arguably the world's greatest mystery writer, Dame Agatha Christie. Brixham is accessed from the M5 via the A380 and the A3022, with Newton Abbot 13 miles North West, Totnes 9 miles West, Plymouth 40 West and Exeter 31 miles to the North.
The Property
The Westbury is a substantial property 2 storey
Charles Darrow is committed to ensuring the content on these sales particulars is current and correct, however cannot be held responsible for any mistakes or omissions.
Details subject to the standard conditions of Charles Darrows’ particulars. See the “Disclaimers” section on the website. © Copyright reserved Charles Darrow Ltd.
Ref: CD-20107
property, under a pitched slate roof with painted rendered elevations, much improved following significant investment by our clients. Traded as a lifestyle operation, but incredibly popular with repeat business the Westbury attracts customers year-round from its 6 well-appointed rooms.
Briefly comprising ground floor guests breakfast room, kitchen, laundry room, owners bedroom and lounge, with the guest bedrooms over the first and second floors (on split levels).
To the rear of the property there is an enclosed courtyard with steps to a rear entrance and conservatory, whilst to the front there is private seating and a substantial car park for 6+ vehicles.
The Business
Owned and operated by our clients since 2006, retirement is now on the cards and they will leave behind them a well-maintained property and profitable business.
The Westbury is not currently utilising online portals for bookings (a potential uplift for the next purchaser) but thrives on repeat bookings (80%) and actively encourages walk-ins.
Charles Darrow is committed to ensuring the content on these sales particulars is current and correct, however cannot be held responsible for any mistakes or omissions.
Details subject to the standard conditions of Charles Darrows’ particulars. See the “Disclaimers” section on the website. © Copyright reserved Charles Darrow Ltd.
Ref: CD-20107
Our clients run the business to suit their lifestyle and whilst they trade all year round, they do close the business for holiday’s as and when. A really lovely
property, with much character and historic robust trade.
Tariffs
Starting at £75 p/n for a double and £80 p/n for a twin (single occupancy £40 p/n) including breakfast, with families £105 p/n.
Stock at Valuation
Stock is to be purchased at valuation on completion.
Internal Details
Entranceway, leading from car park to:- Hallway, leading to:-
Guests breakfast room, modern layout with wooden tables and cushioned chairs for (12), a lovely bright room with a front facing aspect.
Kitchen, part commercial and fitted with a range of equipment, side access to rear enclosed courtyard.
White goods room / utility room. Pantry / dry store
Letting accommodation
Located over the first and second floors, on split levels all rooms have a contemporary feel and come with all the mod cons you would expect. The rooms on the second floor have much character, with exposed wooden beams and low ceilings along with Velux windows.
First Floor (split level)
Rm1 – Double room, with exposed stone wall, rear facing. Private bathroom across the hall.
Rm2 – Double & single bed en-suite, front facing. Rm3 – Double & single bed (family) en-suite, front facing.
WC
Second Floor (split level)
Rm4 – Double bed en-suite, with wooden beams and exposed stone walls.
Rm5 – Double & single bed with en-suite bathroom Rm6 – Double & single bed with en-suite bath
Charles Darrow is committed to ensuring the content on these sales particulars is current and correct, however cannot be held responsible for any mistakes or omissions.
Details subject to the standard conditions of Charles Darrows’ particulars. See the “Disclaimers” section on the website. © Copyright reserved Charles Darrow Ltd.
Ref: CD-20107
External Details
Given the Westbury’s position, having 6+ parking
spaces is of huge benefit to the business – many properties in the Brixham do not have parking, hence why we believe in part, the sale are so consistent. The property benefits from customer and private seating to the front whilst to the rear there is an enclosed courtyard, with paint store, WC and steps that lead up to a rear service entrance / refuse store. There is also access to the conservatory, which could be utilised as an office. The Westbury also owns the rear lane, and
provides access rights to it’s neighbouring properties.
A further private parking space is available on the lane.
Anti Money Laundering Regulations
Under the new Money Laundering regulations
http://www.legislation.gov.uk/uksi/2017/692/content s/ made we are required to obtain formal
identification for all parties involved in a property transaction. The checks must be completed before terms are issued to solicitors. Your assistance would be appreciated in this regards.
Fire Risk Assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005, we have assumed that an adequate Fire Risk Assessment has been carried out.
Business Rates
Current valuation as registered on the 2017 rating list is £3,450, with the business currently receiving full relief (£116 p/m for private accommodation).
VAT
All figures within these terms are exclusive of VAT at the prevailing rate where applicable.
Solicitor Costs
Each party to bear their own legal costs incurred in the transaction.
Viewing
No direct approach may be made to the property, for an appointment to view please contact the agent.
Tenure
FREEHOLD £525,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. No direct approach to be made to the business; please direct all communications through Charles Darrow. Viewing strictly by appointment only.
Charles Darrow is committed to ensuring the content on these sales particulars is current and correct, however cannot be held responsible for any mistakes or omissions.
Details subject to the standard conditions of Charles Darrows’ particulars. See the “Disclaimers” section on the website. © Copyright reserved Charles Darrow Ltd.
Ref: CD-20107
To arrange a viewing please contact:
Jon Clyne
Director
01626 330022
07939013203
jon.clyne@charlesdarrow.co.uk
Charles Darrow supports the aims and objectives of the Code for Leasing Business Premises in England and Wales 2007 which recommends that you seek professional advice before entering into a tenancy agreement. Please refer to www.leasingbusinesspremises.co.uk for further information. Charles Darrow for themselves and for the Vendors or Lessors of the property whose Agents they are, give notice that:
1) The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute part of, an offer of contract;
2) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or
representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of them;
3) No person in the employment of Charles Darrow has any authority to make or give any representation of warranty in relation to this property. SUBJECT TO CONTRACT
