Freehold - A recently refurbished 14 en-suite hotel (6,049 sq.ft. - source EPC) located in the heart of Brixham with owners accommodation, development potential

Description/Location

The property currently operates successfully on a Bed and Breakfast basis, potential to incorporate a restaurant/full time cafe/bistro. Development potential subject to obtaining any necessary consents. Located within a minutes walk of the harbour, town centre and bus terminal, the property has a licensed bar area (residents only), two guest lounges, dining area (can be used as a tea room/cafe), professional fitted kitchens, office, owner’s accommodation and parking to side. Current annual income between £80,000 - £85,000. Promap image used in the catalogue listing is for indicative purposes only, please refer to auction legal pack for exact boundaries.

Tenure

Freehold
EPC rating C

Local Authority

Torbay Council 01803 201201www.torbay.gov.uk

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: Reception/lobby, office, customer toilets, lounge and dining area, bar, further dining area, kitchen, kitchen prep area, laundry room
First floor: 8 en-suite letting rooms
Second floor: 6 en-suite letting rooms, owners accommodation comprising lounge/dining area, bedroom, bathroom
Outside: Parking to the side of the property

Virtual Tour

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £2,100 (inc. VAT) unless otherwise stated in the addendum (£600 inc. VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.