Guide price
£525,000
10 bed terraced house for saleExmouth Road, Plymouth, Devon PL1
10 beds
10 baths
4 receptions
Added on
Bradleys Estate Agents - Plymouth
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About this property
Established 8 letting room guest house
Approximate gross annual income of £76,000
Spacious self-contained owner's accommodation
Double garage
Enclosed rear garden
Attractive views overlooking Devonport Park
Excellent trading location close to Plymouth City Centre
Lifestyle business with further potential to grow
Viewing highly recommended
*£525,000 - £550,000*A substantial property overlooking Devonport Park, currently used as an established 8 letting room hotel with two spacious owners suits with potential to become a family home once again (subject to any required consents). Featuring a double garage, garden and generating approximately £76,000 gross p.a. On a room-only basis.
Description
A substantial and well established eight letting bedroom hotel occupying a prominent position on Exmouth Road, Plymouth overlooking the picturesque Devonport park.
Currently operating on a room only basis, the hotel generates an approximate gross annual income of £76,000 offering an excellent opportunity for those seeking a proven hospitality investment with further potential of increased revenue.
The property also benefits from two spacious owner's suites, allowing for comfortable on-site living, together with a double garage, attractive rear garden and generous accommodation throughout.
Whether you're an established operator looking to expand your portfolio or seeking a lifestyle business with proven income, this impressive hotel combines strong trading performance with substantial living accommodation.
Material Information
Tenure - Freehold
Council Tax Band- A
Local Authority- Plymouth City Council
Source Of Heating - Gas Central Heating
Source Of Electric - Mains Electric
Source of Water - Mains Water
Arrangement for Sewerage - Mains Sewerage
Parking - Garage and on street
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