A CHARMING Paignton guest house, just a short level walk from the seafront, has sold just in time for the forthcoming season.
The property was snapped up swiftly, with terms being agreed and solicitors instructed at the tail end of 2021 after being placed on the market by leading commercial property specialists Charles Darrow.
A substantial semi-detached three-story property, the guest house contains six immaculate letting rooms, private lounge, dining room, kitchen, and ground floor owners accommodation. The property also benefitted from a private car park, which is rare within Garfield Road.
Maria & Chris, who are first-time operators in the trade, won the race to buy Belle Dene after viewing a range of leisure facilities in the area, before falling in love with the 4* rated guest house.
Charles Darrow Associate Director James Sanders, who looked after the sale commented: “Belle Dene really is a lovely property with a great business within, and one that we could have sold 10 times over.”
“Appetite continues to be very strong indeed within Torbay, with plenty of interest from first time operators who have a particular requirement for 6-7 letting rooms”
“Maria & Chris have purchased at the perfect time, allowing plenty of time to get ready for welcoming new guests ahead of what is set to be a busy season”
“I wish Maria & Chris all the best for their new venture, and hope they have time to enjoy all the beautiful scenery right on their doorstep!”
Special thanks to Cheryl Baxter of Boyce Hatton who looked after our clients, and Caroline Thompson of Roger Richards Solicitors who acted on behalf of the purchasers.
Belle Dene Guest House was sold during the first quarter of 2022, off a guide price of £385,000.