Established 9 Bedroom Guest House Located On The Hoe In Plymouth
Two Bedroom Owners Accommodation
5 Star TripAdvisor Rating
Ref 2536

Location
This charming Guest House is located in the city of Plymouth in Devon. Ideally placed within striking distance of the city's iconic landmarks, to include 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 and an abundance of retail shops, bars and restaurants. 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: £499,950

Business Description
Veritas Business Sales are delighted to offer for sale this well appointed and immaculate 9 bedroom Guest House which is located in Plymouth. The property has been operating as a Guest House for the past 40 years and been in the careful hands of our client for the past 6 years and is now being offered for sale due to them relocating.
Tudor 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. Tudor Guest House s owner operated and they currently let 9 bedrooms. The latest accounts show an annual turnover of £75,223 with a gross profit of £71,249. Room tariffs range from £110.00 in the peak season for a family room £45.00 for a single room and up to £85 for a double room. 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. The property also benefits from spacious owners accommodation to include two en-suite bedrooms and a lounge.
We believe that there is still further potential to increase trade s the owners choose to trade below the vat threshold and there is scope to offer evening meals. 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 one not to be missed.

Ground Floor
Entrance 8.3 x 1.5m ) with stairs leading to the first floor.
Dining (4.5m x 4.2m) with tables & chairs to cover (14), settee and various pictures.
Kitchen (4.8m x 2.6m) comprising: fully fitted new kitchen with wall and base units, basin sink, dish washer (Kenwood), 7 burner cooker (Infusion), microwave (Morphy Richards) , toaster (Breville) and built in fridge freezer.
Owners lounge (5.2m x 4.6m) with sliding doors leading to outside patio area.

Basement
Laundry & stores (3.2m x 2.9m) with various built in shelves.
Laundry room (4.7m x 3.9m) comprising: upright fridge (Lec), upright fridge (Beco), various shelves, fitted kitchen units, dryer (Indesit), washing machine (Hot Point), washing machine (Bosh), dryer (Whirlpool) and various built in shelves.
Guest Accommodation
Bedroom 9 (4.0m x 3.4m) double with en-suite.
Bedroom 10 (3.0m x 4.0m) double with en-suite.
Owners accommodation
Hallway (3.4m x 2.0m)
Bedroom 1 (4.0m x 4.25m) double en-suite
Bedroom 2 (2.9m x 4.0m) double en-suite
Storage cupboard

First Floor
Bedroom 5 (2.7m x 4.9m) twin with en-suite (separate shower, W/C and wash basin).
Bedroom 6 (5.3m x 5.7m) family with en-suite (separate shower, W/C and wash basin).
Bedroom 7 (3.0m x 2.8m) double with en-suite (separate shower, W/C and wash basin).

Second Floor
Bedroom 4 (3.0m x 3.0m) single serviced by a separate bathroom (2.4m x 3.6m) with shower, cubicle W/C and wash basin).

Third Floor
Bedroom 1 (4.3m x 2.4m) single with wash basin.
Bedroom 2 (4.5m x 3.1m) double with en-suite.
Bedroom 3 (4.1m x 3.4m) double with en-suite.

External
Rear patio area and double garage (5.6m x 4.3m).

EPC Rating C

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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