Bed And Breakfast Business For Sale In Lowestoft Suffolk

Lowestoft, Suffolk
Price: £ 400,000
Seller Reference: 4040
Asking Price: £400,000
Net Profit: Undisclosed
Sales Revenue: £60,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold

Business Summary

Preferred Commercial is delighted to offer for sale this bed and breakfast business, which was established by our clients in 1997 and which is only now being offered to the market due to our clients’ wish to retire. The business trades as required and generates a turnover in the region of £60,000 per annum, derived from the letting of 4 en-suite guest bedrooms. We feel the turnover could be further increased by embarking on a modest marketing campaign. There is also scope to offer evening meals and packed lunches. The bed and breakfast has an enviable reputation, boasting a Silver Award and a 4 star rating from Enjoy England. There is a website in place advertising the accommodation offered with online booking facilities. The business boasts a loyal customer base and many visitors return year on year. The stylish premises have been fitted to the highest standard and have been well-maintained throughout, with many returning guests considering the Sandcastle as a boutique hotel. There is also 1-bedroom owners’ accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already busy bed and breakfast with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Bed and breakfast business, which was established by our clients in 1997 and which is only now being offered to the market due to our clients' wish to...

Property Infomation

  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 3-storey bed and breakfast premises with 1-bedroom owners' accommodation and 4-letting rooms. Briefly comprising:

Ground Floor
� Lobby
� Reception area
� Spacious lounge with traditional style double glazed sash windows and many original period features
� Owners' double bedroom with built-in-wardrobe, double glazed sash and original casement shuttered windows
� Bathroom with WC and wash hand basin
� Farmhouse style kitchen with solid pine units, AGA gas range, Neff double oven, 4-burner gas hob, 2 x refrigerators, freezer and dishwasher
� Guest dining room with marble fireplace, tables and chairs for up to 12 covers and 2 x pine dressers with plate racks
� Utility room
� Office

Letting Rooms
Split over the first and second floors:
Room 1: double bedroom with oak wardrobe, chest of drawers, TV, CD player and en-suite wet room with power shower, WC, wash hand basin and heated towel rail
� Room 2: family bedroom with single bed, double bed, extending trundle bed, wardrobe, drawers, bedside tables, TV and double en-suite shower room with power shower, WC, wash hand basin and heated towel rail
� Room 3: twin bedroom with 2 x single beds, oak chest of drawers, wardrobe, bedside table, TV, vanity unit above and private bathroom with power shower, WC, wash hand basin and heated towel rail
� Room 4: family bedroom with king size bed, single bed, extending trundle bed, drawers, bedside tables and en-suite bathroom with original roll top bath, walk-in power shower, WC and wash hand basin

External
� Garden area to front
 
  Location: The Sandcastle occupies substantial 3-storey premises, ideally located in a seafront position in Lowestoft, Suffolk. The premises benefit from ample on-street parking and boast a prominent trading position overlooking Lowestoft's award winning beach. There is a wealth of complementary shops, businesses and amenities in the area. The area is well-served by public transport with numerous bus stops nearby and a railway station within easy walking distance. The town centre is approximately ½ mile away and possesses further shops, businesses and amenities. The premises boast easy access to the A-road network, including the A12 and A146. There are 27 miles of picturesque coastline nearby, and The Broads are a short drive away, boasting beautiful rivers and much outstanding natural beauty. Great Yarmouth lies 10 miles to the north, while Norwich is approximately 24 miles away.

Other Details

  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 3-storey bed and breakfast premises with 1-bedroom owners' accommodation and 4-letting rooms. Briefly comprising:

Ground Floor
� Lobby
� Reception area
� Spacious lounge with traditional style double glazed sash windows and many original period features
� Owners' double bedroom with built-in-wardrobe, double glazed sash and original casement shuttered windows
� Bathroom with WC and wash hand basin
� Farmhouse style kitchen with solid pine units, AGA gas range, Neff double oven, 4-burner gas hob, 2 x refrigerators, freezer and dishwasher
� Guest dining room with marble fireplace, tables and chairs for up to 12 covers and 2 x pine dressers with plate racks
� Utility room
� Office

Letting Rooms
Split over the first and second floors:
Room 1: double bedroom with oak wardrobe, chest of drawers, TV, CD player and en-suite wet room with power shower, WC, wash hand basin and heated towel rail
� Room 2: family bedroom with single bed, double bed, extending trundle bed, wardrobe, drawers, bedside tables, TV and double en-suite shower room with power shower, WC, wash hand basin and heated towel rail
� Room 3: twin bedroom with 2 x single beds, oak chest of drawers, wardrobe, bedside table, TV, vanity unit above and private bathroom with power shower, WC, wash hand basin and heated towel rail
� Room 4: family bedroom with king size bed, single bed, extending trundle bed, drawers, bedside tables and en-suite bathroom with original roll top bath, walk-in power shower, WC and wash hand basin

External
� Garden area to front
 
  Location: The Sandcastle occupies substantial 3-storey premises, ideally located in a seafront position in Lowestoft, Suffolk. The premises benefit from ample on-street parking and boast a prominent trading position overlooking Lowestoft's award winning beach. There is a wealth of complementary shops, businesses and amenities in the area. The area is well-served by public transport with numerous bus stops nearby and a railway station within easy walking distance. The town centre is approximately ½ mile away and possesses further shops, businesses and amenities. The premises boast easy access to the A-road network, including the A12 and A146. There are 27 miles of picturesque coastline nearby, and The Broads are a short drive away, boasting beautiful rivers and much outstanding natural beauty. Great Yarmouth lies 10 miles to the north, while Norwich is approximately 24 miles away.