SOLD: Braeside Guest House, Exeter

POPULAR EXETER GUEST HOUSE IN PROMINENT CITY CENTRE LOCATION
BRAESIDE GUEST HOUSE, 21 NEW NORTH ROAD, EXETER, DEVON, EX4 4HF
FREEHOLD: £635,000

Property experts Stonesmith, are delighted to announce the sale of Braeside, a substantial and deceptively spacious four storey Grade II Listed property with origins dating back to around 1850.

Occupying a prominent trading position on New North Road, one of the main arterial roads into Exeter city centre, Braeside is conveniently located a short walk from Exeter Central Station and the main shopping and business areas of Exeter city centre, Exeter College and the nearby Exeter University Campus. Exeter itself is the regional capital of the South West and as such is not only an established and expanding business centre, but also a tourist destination year round.

This spacious property briefly comprises: 9 well appointed individual letting bedrooms which can sleep up to 18 guests; breakfast room; modern fitted kitchen with integrated appliances; owners accommodation with sitting room, sun room, double bedroom and en-suite bathroom. Externally, the property benefits from attractive terraced gardens to the front and rear.

The guest house, presented in first class order throughout, is a well established and well regarded bed & breakfast business. The high standards also ensure excellent levels of repeat business and word of mouth recommendations. Braeside has its own website: www.braesideguesthouse.co.uk which provides further information on the business.

Director of Stonesmith, Mike Phillips, commented: “The sale of Braeside generated significant levels of interest and resulted in multiple offers being received.”

The Freehold guesthouse was sold for an undisclosed amount off an asking price of £635,000.

Stonesmith are one of the leading business transfer agents in the South West specialising in the sale of licensed businesses throughout the Westcountry including Devon, Cornwall, Somerset and Dorset.

Full details of all our current properties can be downloaded from our website www.stonesmith.co.uk or follow us on Twitter @stonesmithUK. If you’re thinking of selling or need professional advice, Stonesmith can be contacted on 01392 201262.