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(REF: 2697)  5 Letting Bedroom Guest House in Exeter Devon
 
Seller Reference: 2697
B4S Reference: 29694
Asking Price: £489,950
Net Profit:
Sales Revenue: £58,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Exeter, Devon, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this popular 5 letting bedroom guest house, which was established by our client in 2004 and which is only now being placed on the market due to our client's wish to retire. The guest house operates all year round and generates a turnover in the region of £58,000 with a gross profit of 80%. A new owner could easily increase turnover as at present our client trades under the current VAT limit. The property has been well maintained throughout and our client has operated a rolling programme of repairs and redecoration. In addition to the 5 letting rooms there is 1 bedroom private owners' accommodation. The business also benefits from off street parking for 3 vehicles. We feel this is an ideal opportunity to acquire a popular guest house in an ideal location close to the city and in a walk-in and trade condition. Internal viewing, arranged through Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial Victorian property retaining many original features. Briefly comprising:

Ground Floor
• Main entrance to lobby and through to hallway with reception area and stairs to upper floors
• Private lounge with feature fireplace
• Guests' breakfast room with laminate flooring and tables and chairs
• Large kitchen with a range of fitted wall and base units, laundry area with washing machine and tumble dryer, through to covered storage area

First Floor
• Double bedroom with en-suite shower facilities
• Twin bedroom with en-suite shower facilities
• Owners' private single bedroom
• Owners' private bathroom

Second Floor
• Single bedroom
• Bathroom for use by single bedroom
• Double bedroom with en-suite shower facilities
• Twin bedroom with en-suite shower facilities

External
• Garden area to front with parking for 3 vehicles
• Small courtyard to rear
 
  Location: Woodbine Guest House occupies a prominent corner trading position, situated in a popular residential area yet close to the centre of Exeter in Devon. The guest house is within easy walking distance of two railway stations and benefits from off road parking for three cars. Exeter is a popular tourist city that dates back to Roman times and is home to Exeter University. The city boasts excellent transport links with Exeter International Airport and the M5 motorway approximately 3 miles away.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  All year round





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