A B&B in Torquay dubbed the ‘World’s Best’ has gone up for sale as its owners look to step away from the business they acquired in 2015.
The 25 Boutique B&B in Devon has been put on the market through estate agents Charles Darrow by owners Andy and Julian Banner-Price, with an asking price of £850,000.
The six-bedroom boutique property was completed renovated in 2015 and has twice won the title of World’s Best B&B from TripAdvisor, as well as being awarded Visit England’s B&B of the Year.
Having built up a profitable business in Torquay, with a strong reputation and loyal repeat customer base, Andy explains why the duo have decided to sell up.
He says: “Last August I was diagnosed with throat cancer. Still in my forties, it was a huge shock and made us re-evaluate our lives. I’m pleased to say that the treatment is complete and despite the brutality of it, I am now on the mend, feeling much more myself, and cancer free. We reopened to guests at the end of March following an extended winter break. We feel the time is right to hand over the reins, leaving us free to do lots more travelling. I also plan to go into training and consulting within the industry to help others reach the top.”
Andy’s husband Julian added: “A new couple could come in and easily run things exactly the way we have as it’s an off the shelf business. Everything is set up and all the processes are in place, but we would offer a full handover if required. Despite our healthy trading figures, and a good lifestyle, there’s still plenty of scope to develop the business further. We normally choose to close for winter from November to Valentines, had thirty days off during the season in 2022, and only advertise five of our six rooms in the summer to keep our workload down.”
The 25 Boutique B&B is offered for sale as a going concern at £850,000 via estate agents Charles Darrow based in Newton Abbot.
