No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guest house

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Guest house
0 bed
0 bath

Property description & features

  • Freehold
  • 7 Guest Bedrooms
  • 2 Bedroom Owners Accommodation
  • 5 Star TripAdvisor Rating
  • Close to The Barbican

Freehold 7 Bedroom Guest House Located On The Hoe In Plymouth
Two Bedroom Owners Accommodation
Walking Distance Of The Barbican
5 Star TripAdvisor Rating
Ref 2502

Location
This charming Guest House is located in port city of Plymouth in Devon. Poppy's Guest House is ideally placed within striking distance of the city's iconic landmarks, such as the Theatre Royal and the National Marine Aquarium. Plymouth is a port city known for its maritime heritage and historic Barbican district with narrow, cobbled streets. Also the largest City in Devon and enjoys all year round trade with easy access via the A38/M5 and mainline railway station.

Asking Price: £465,000

Business Description
Veritas Business Sales are delighted to offer for sale this well appointed 7 bedroom Guest House which is located on The Hoe in Plymouth, Devon. The property has been operating as a Guest House for the past 50 years and been in the careful hands of our client for the past 14 years and is now being offered for sale so that they can enjoy a well deserved retirement.
Poppy's Guest House offers luxury accommodation and has seen continual investment in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and they currently only let 5 of the 7 bedrooms. For year ending April 5th 2020 they posted an annual turnover of £59,314 with a gross profit of £52,023 (88%). Room tariffs range from up to £95 in the peak season and up to £85 in the low season. All rooms benefit from gas fired central heating, complimentary tea & coffee making facilities, colour TV's and wi-fi. Prices include a traditional English cooked breakfast where they only use the finest high quality locally sourced produce.
We believe that the business has the potential to increase revenue by opening all 7 bedrooms for guests should you wish. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade from visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Ground Floor
Entrance hallway (5.1 x 1.5m ) with stairs leading to the first floor.
Dining room (4.9m x 4.0m) comprising: 5 solid tables with seating for (10), settee, feature fireplace, various pictures and wall mounted mirror.
Kitchen (3.6m x 3.2m) comprising: fully fitted kitchen with wall and base units, dual basin sink, 5 burner cooker, microwave (Panasonic), upright stainless fridge freezer (Bosch), 2 grills (George Foreman), dishwasher (Indesit) and 2 toasters.
Linen cupboard with various shelves.
Office (3.5m x 1.7m) with filing cabinet, desk, chair and filing cupboard.
Owners lounge (3.9m x 3.2).
Guest accommodation
Bedroom 2 (4.1m x 4.2m) double with en-suite (separate shower ,W/C and wash basin).

External
Rear garden with storage shed comprising: washing machine (Whirlpool) and tumble dryer (Whirlpool).
Car park with space for (3) vehicles.

First Floor
Bedroom 3 (3.9m x 3.9m) double with en-suite (separate shower, W/C and wash basin)
Bedroom 4 (3.4m x 4.0m) double with en-suite (separate shower, W/C and wash basin)
Bedroom 5 (3.0m x 2.8m) single with en-suite (separate shower, W/C and wash basin)

Second Floor
Bedroom 6 (3.8m x 3.1m) twin with en-suite (separate shower, W/C, and wash basin)
Bedroom 7 (2.4m x 3.6m) single with en-suite (separate shower, W/C and wash basin)
Bedroom 8 (2.0m x 3.1m) single with en-suite (separate shower, W/C, and wash basin)

Owners accommodation (First floor to the rear of the property)
Bedroom 1 (3.8m x 3.1m) double room
Bedroom 2 (3.3m x 2.1m) single Room
Bathroom (1.6m x 2.0m) with shower, W/C and wash basin

EPC Rating D

Places of interest

    Request viewing/info
    Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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    Property reference 2502. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.