| (REF: 2534) Truly Outstanding Detached Guest House |
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| Seller Reference: |
2534 |
| B4S Reference: |
29491 |
| Asking Price: |
£395,000
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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: |
Gwynedd, North Wales, United Kingdom |
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Meridian Business Sales are delighted to offer to the market this beautifully presented 4 star rated guest house that has been established for over 20 years and has been in the capable hands of our clients for the previous 5 years. The only reason this wonderful opportunity is being made available is due to our clients desire to take a well deserved retirement. Since owning the business our clients have invested heavily on the premises including an updated central heating system and new boiler system. All of the guest rooms are finished to the highest of standards and represent a true turnkey opportunity for any prospective purchaser. We are advised of a very respectable annual turnover of £41,000 with good gross profits which is solely generated from the letting of guest rooms which provides any new owner with the scope to increase upon turnover. Currently the business is run at a pace to suit our client’s lifestyle, the premises are fully licensed but presently no bar services are offered also there is the definite potential to introduce an evening meal service to the business which could prove to be beneficial. The business has an outstanding reputation and benefits from a high percentage of repeat and regular visitors, indeed on the independent booking site Laterooms.com the business has the highest possible guest review rating of 5 out of 5 added to this a 9.2 out of 10 rating on another popular site Booking.com. This is a superb opportunity to purchase a true lifestyle business in a wonderful trading location that has an established reputation for quality and excellence with further scope for improvement and as such early viewing comes highly recommended as this business is not to be missed
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Property: |
Freehold |
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Living Accommodation: |
No |
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Location: |
This stunning detached guest house is located less than a 2 minute walk from the seafront in the small and peaceful village of Craig-Y-Don and the larger town centre of Llandudno is within a 10 minute walk away. Located in a main residential area the business is perfectly placed for those visitors looking for a quiet holiday with all the facilities of a town only a short distance away. Llandudno is a popular seaside town in North Wales. It is widely recognised as the most popular tourist destination in North Wales and is famous for its Pier which was built in 1878, the town is also well known for its theatre which is situated within 5 minutes walk of the business. Llandudno is reached easily and has superb road and rail links, the A55 coast road provides access to nearby Conwy and Chester. The M56 motorway provides access to the UK’s wider motorway network. Business History Meridian Business Sales are delighted to offer to the market this beautifully presented 4 star rated guest house that has been established for over 20 years and has been in the capable hands of our clients for the previous 5 years. The only reason this wonderful opportunity is being made available is due to our clients desire to take a well deserved retirement. Since owning the business our clients have invested heavily on the premises including an updated central heating system and new boiler system. All of the guest rooms are finished to the highest of standards and represent a true turnkey opportunity for any prospective purchaser. We are advised of a very respectable annual turnover of £41,000 with good gross profits which is solely generated from the letting of guest rooms which provides any new owner with the scope to increase upon turnover. Currently the business is run at a pace to suit our client’s lifestyle, the premises are fully licensed but presently no bar services are offered also there is the definite potential to introduce an evening meal service to the business which could prove to be beneficial. The business has an outstanding reputation and benefits from a high percentage of repeat and regular visitors, indeed on the independent booking site Laterooms.com the business has the highest possible guest review rating of 5 out of 5 added to this a 9.2 out of 10 rating on another popular site Booking.com. This is a superb opportunity to purchase a true lifestyle business in a wonderful trading location that has an established reputation for quality and excellence with further scope for improvement and as such early viewing comes highly recommended as this business is not to be missed Financial Profile Turnover: £41,000pa |
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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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