| (REF: kbs 39498) Substantial Guest House And Bar |
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| Seller Reference: |
kbs 39498 |
| B4S Reference: |
32388 |
| Asking Price: |
£170,000
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| Net Profit: |
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| Sales Revenue: |
£300,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Wigan, Greater Manchester, United Kingdom |
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The business is well established and our clients have invested a large amount of capital during their ownership into the refurbishment of many of the guest bedrooms. The work they have started is primed to be completed by an incoming owner, which would hold the guesthouse in good stead for the future. With 11 letting rooms, the business enjoys an excellent occupancy rate and caters for a range of guests from business men and contractors to tourists and sports fans staying in the area. The business also benefits from a strong trade in functions and also a busy bar which is open to guests and the public alike. There is good sized family accommodation within the premises which have been refurbished in the last year. Our clients have negotiated a superb lease agreement which of course would be passed onto the new owners secured at a rate of only £300 per week.
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Property: |
Leasehold |
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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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