| (REF: 2432) Outstanding 8 Letting Room Guest House |
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| Seller Reference: |
2432 |
| B4S Reference: |
29467 |
| Asking Price: |
£375,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Scarborough, North Yorkshire, United Kingdom |
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Meridian Business Sales are privileged to offer to the market this outstanding guest house which has been established for over 30 years and has been in the capable hands of our clients for the previous 6 years. The business is being reluctantly offered to the market due to the unfortunate ill health of one of our clients. Since owning the business our clients have spent a considerable amount of time and money on the accommodation including a new full rear extension to the private accommodation, full UPVC double glazing throughout, a new boiler heating system and full cavity wall insulation which now present the business as a genuine turnkey opportunity for any prospective purchaser. We are advised of an annual turnover of £38,000 with good gross profits which is derived from the letting of our clients beautifully presented guestrooms. The business has an outstanding reputation and benefits from a high percentage of repeat and regular visitors, indeed our clients have a 100% recommendation rating on the highly regarded and widely used ‘Trip Advisor’ independent website. The business has also achieved a 3 star rating from the popular ‘Visit Britain’ website and has been accredited by the ‘Family’s Welcome’ scheme for the quality of our clients spacious guestrooms, any prospective purchaser would also benefit from our client’s website which is included in the sale. There is also great scope for a potential increase upon turnover as our client does not offer an evening meal service and has chosen not to have a bar license. The business employs very little external advertising relying on repeat visitors and recommendations again providing further scope. This is a fabulous opportunity to purchase a superbly presented business with a fantastic reputation in an area that is widely regarded as Scarborough’s more upmarket guest and hotel district and as such early viewing is highly recommended to appreciate the quality of this opportunity.
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Property: |
Freehold |
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Living Accommodation: |
No |
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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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