| (REF: kbs 37351) Guest House With Scope For Luxury Flats |
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| Seller Reference: |
kbs 37351 |
| B4S Reference: |
19437 |
| Asking Price: |
£540,000
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| Net Profit: |
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| Sales Revenue: |
£85,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Plymouth, Devon, United Kingdom |
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The guest house has been trading for approximately 11 years and has been in the hands of the present owner since 2003. The business provides 14 comfortable and spacious letting rooms arranged over 5 floors with a guest dining room and spacious three bedroom owner’s semi-basement accommodation. All but two of the single rooms are en-suite and rates range from £25.00 per room per night to £70.00 for a spacious family room with en-suite.
The present owner has maintained this substantial Victorian property to a very high standard and it is superbly presented throughout. The property offers a host of original features such a high coved ceilings and an attractive entrance hall and staircase. The business attracts a wide mix of both commercial and tourist guests and it is ideally located on the famous Plymouth Hoe.
Our client feels that the property lends itself well for conversion to three luxury apartments, subject to planning and this may therefore offer an interesting development investment opportunity. Viewing is strongly recommended to appreciate the business and this development potential.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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