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The 25 Boutique B&B, 25 Avenue Rd, Torquay, Devon, TQ2 5LB

Offers in Excess of
£699,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Guest house for sale

Key features

  • 5* Rated boutique B&B
  • 6 Sumptuous bedrooms and suites
  • Finished to a high standard throughout
  • Spacious two-bedroom owner's apartment
  • Winners of multiple awards and accolades
  • Profitable business. EPC Rating B
  • Christie & Co Ref: 3440645

Description

Description

The 25 Boutique B&B has been owned by our clients for just over 10 years, during which time this pretty detached villa has benefited from significant renovation and improvement works which have transformed the once dated property into the high end business that stands today. The renovations include a particular attention to detail in order to create a premium product with cutting edge design and features which aim to wow guests and keep them returning year after year. In addition to the aesthetic side of the project there has been considerable investment into the mechanical and electrical services to future-proof the business for years to come. A full list of renovations undertaken is available on request.

The business has a superb reputation and has won numerous awards and accolades in recent years including Best B&B in the World (TripAdvisor) twice, B&B of the year (VisitEngland) twice, Unique B&B of the year (The AA) and many area, regional and national awards. The business is highly rated with over 1200 5* reviews on TripAdvisor and a 10/10 rating on booking.com. Despite its highly regarded reputation, the business itself has been tailored to fit around our clients' lifestyles with a 7pm check-in cut off and regular time off during the season to allow for holidays and breaks.

The business is a true turnkey and if needed the sellers are happy to provide a new owner with handover training to provide their tricks of the trade and to make sure the business continues to flourish for years to come.

Location

Located close to the heart of Torquay, The 25 Boutique B&B is ideally positioned for easy access to the town centre, main beach, and harbour. It benefits from a high passing tourist trade and is within close proximity to Torre Abbey Gardens. The nearby railway station provides convenient travel options for guests from across the UK and Exeter International Airport connections for guests from further afield.

Torbay, also known as 'The English Riviera', may be most famous for its award-winning sandy beaches and exotic palm trees, but has much more to offer than just seaside holidays. The English Riviera has a great choice of indoor and outdoor attractions and is a designated UNESCO Global Geopark. It also makes a great base for exploring all the region has to offer.

Internal Details

Entrance lobby and reception area
Office
Guest lounge with a range of comfortable seating
Breakfast room set up with six tables to accommodate up to 12 guests
Semi-commercial kitchen
Larder / pantry
Storage room / former owner's bedroom - accessed via the dining room, currently used as storage but could be repurposed for a variety of uses
Numerous stores

Fixtures & Fittings

The majority of trade fixtures and fittings are included in the sale, however, please note there are a small number of items which are personal to the owners and are not included.

Letting Accommodation

The hotel features six beautifully appointed ensuite letting bedrooms all equipped with key fob entry, air conditioning, coffee machines, smart room controls, and much more. The rooms comprise:
Torre - The newest room with an opulent look. Super king size bed, seating area, large shower room and separate dressing room
Shoalstone Suite - Separate sitting room, super king size bedroom and ensuite shower room
Broadsands - Super king size bed with seating area and stunning ensuite bath/shower room
Watcombe Suite - Separate front facing sitting room, super king size bedroom and ensuite shower room
Oddicombe - King size bed with a comfortable sitting area and ensuite bath/shower room
Goodrington - King size bed and ensuite shower room

External Details

To the front of the property is a private car park with in / out entrance and space for up to eight vehicles.

To the front and side of the property is a sun terrace landscaped with palm and exotic planting, along with table and chairs for use by guests.

To the rear of the property is a private garden which includes a workshop, shed and terrace seating area.

Owner's Accommodation

The owner's accommodation has been finished to the same high standard as the guest accommodation and includes a lounge / dining room, two large double bedrooms - one of which is ensuite, a utility / small kitchenette area and a separate shower room. The owner's apartment has direct access to the rear garden.

The larger ensuite bedroom offers the opportunity of being incorporated into the letting bedroom stock if desired with little cost implication. A doorway already exists through to the main hall which has been plaster boarded up on one side.

The Opportunity

The business benefits from numerous opportunities to increase trade should a new owner wish to which are detailed below:
Incorporate one of the owner's bedrooms into the letting stock (see owner's accommodation section for more detail)
Move the owner's accommodation into the unused basement room to let out the whole owner's apartment
Open the business year round (usually closed for six months of the year)
Allow one and two night bookings
Allow children and dogs
Offer picnics, evening meals, and packed lunches
Have a manned bar
Open Christmas and New Year

Staff

The business is operated by a hands-on owner partnership without the need for any staff.

Trading Information

Accounts for the year ending 31 March 2024 show a healthy turnover and strong net profit. Further accounting information is available on request.

The sellers have chosen to restrict the trade in recent years so they can take regular breaks and holidays and make the business fit around their lifestyle. The business trades for just six months of the year at present, however, historic trading figures demonstrate the opportunity for significantly increased revenues should the new owners wish to open the business for eight or more months of the year.

Business Rates

The business has a rateable value of £7,100 meaning the owners benefit from 100% small business rates relief.

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

The 25 Boutique B&B, 25 Avenue Rd, Torquay, Devon, TQ2 5LB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torquay Station0.4 miles
  • Torre Station0.4 miles
  • Paignton Station2.5 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3440645-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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