Angel Guest House Tiverton FOR SALE - 8th July 2010

Impressive and deceptively spacious guest house


Situated in the heart of the market town of Tiverton, The Angel Guest House is a well established B& B establishment benefiting from good sized owners accommodation. The business is now for sale through licensed and leisure property specialists Stonesmith of Exeter.

The Angel is run solely on a Bed and Breakfast basis, and by choice no evening meals are provided. The quality and standards throughout have resulted in good occupancy levels and repeat business, and due to it location in the town centre the guest house also benefits from passing trade. Being in a prime location the business attracts both the commercial and tourist trade, and with a lack of letting accommodation in Tiverton it is always in demand. The guest house also has its own web site www.angelguesthouse.co.uk which is linked to a number of specialist booking agents and local accommodation bureaus.

A deceptively spacious three storey terraced property it dates back to 1700’s. While the property has undergone a comprehensive program of improvement many of the original Georgian features have been retained and the property is presented in good order throughout, along with quality furnishings and fittings.

The accommodation provides 7 well appointed letting rooms (some en-suite) sleeping a maximum of 16 guests, a residents dining room, fully equipped kitchen and a utility/laundry room. The spacious owner’s accommodation provides 3 double bedrooms, a bathroom, lounge and dining room.

The Angel Guest House has been run as a lifestyle business to fit in with family living and has been traded up to the VAT threshold. Therefore an opportunity exists to increase the trading levels by offering evening meals, Increasing the tariff and expanding the marketing and advertising. Altogether the Angel provides an excellent opportunity for first time buyers looking to enter the hospitality trade.

Stonesmith are looking for offers off an asking price of £300,000 for the freehold business.