Ms Melluish, Devon
Having never sold a property I needed a great deal of help. Fulfords have been incredible putting my mind at ease throughout the process.
The 'Rusty Anchor' is a beautiful Victoria guest house located on the iconic Plymouth Hoe and offers a superb investment opportunity. This grand residence not only lends itself as a successful B&B with a self contained flat, but also has the appropriate planning permission to be changed back into a beautiful family home. The spacious Victorian property is spread over three floors, with six en suite bedrooms
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The property is located on Grand Parade, to the west of Plymouth Hoe and offers views towards Plymouth Sound. Restaurants, pubs, cafe's and the fantastic West Hoe Family park are all within a short walk. The Historical Barbican and the Hoe is also within walking distance. Situated on a main bus route access to the vibrant city centre where you will find a great selection of shops, Drake Circus Shopping Mall, The Theatre Royal, The National Marine Aquarium and a bustling Pannier Market which offers a selection of butchers, florist and fishmongers. Plymouth is well know for its impressive waterfront, natural harbour and the beautiful Royal William Yard. Transport links including the International Ferry Port and the National Rail Lines.
The present owner has informed us that during her 14 years of running the B&B it can provide a potential income of a £50,000 return and that the property has been previously valued as a self catering holiday let with an income potential of £2000 per week during high season. The flat at the rear could be used as a residential let with a potential income of £550.00 per calendar month.
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