Price:
Freehold - £215,000
10 BEDROOM GUEST HOUSE - LANCASHIRE
Prime location within 1 minute walk of the main seafront
Popular coastal tourist destination of Morecambe
Advised turnover £50,000 with good gross profits
Spacious 2 bedroom owners' accommodation
Early viewing is highly recommended
Superbly presented throughout
Scope for further development
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this substantial and outstanding 10 bedroom guest house with spacious 2 bedroom private owners' accommodation which has been established since Circa 1890 and has been in the capable hands of our clients for the past 3½ years. The only reason this superb opportunity is being offered to the market is due to our clients desire to relocate to a different part of the country and be closer to their immediate family. Since owning the business our clients have built up an enviable reputation for the quality of accommodation they provide and warm, friendly welcome received by their guests leading to high numbers of repeat and regular visitors. We are advised of an annual turnover of £50,000 with good gross profits which is derived from the letting of accommodation for guests. The business benefits from it's affiliation to an outside booking agent and a superb website which attracts custom. The business is also a popular destination for a wide variety of clientele ranging from tourists, business men and contractors that work locally. The business would ideally suit a husband and wife partnership and provide a good standard of living. There is great potential for improvement on turnover as our clients do not currently provide an evening meal service and currently do not use the alcohol licence that is in place. This is a wonderful opportunity to purchase a well established business in a superb trading location and as such early viewing is highly recommended.
This excellent 10 letting room guest house with 2 bedroom private owners' accommodation is located within a 1 minute leisurely walk from the seafront in Morecambe, Lancashire. It lies at the heart of the town's guest house area and is within a 10 minute walk of the main shopping area. Morecambe is a coastal town in the county of Lancashire and is popular with tourists. It is best and affectionately known as the venue for the Miss Great Britain Contest up until 1989 and as the birth place of one of its most famous sons Eric Morecambe whose statue still remains in the town. Morecambe can be reached easily and lies to the north of nearby Heysham and to the east of popular tourist and university town of Lancaster via the A589 and A683, the M6 motorway is within a short driving distance providing access to the UK's wider road network.
Substantial and spacious 5 storey mid-terraced guest house built in approximately 1890s with 10 letting rooms, 2 bedroom owners' accommodation and 20 cover dining area, briefly comprising:
Ground Floor
Secure entrance from main road to welcoming reception area and large hallway leading to main residents lounge, letting rooms 1 and 2 which are single and twin rooms, private toilet and separate shower room designated for these 2 letting rooms. Laundry room and Secure access to lower ground floor owners' accommodation plus stairway access to first floor.
Lower Ground Floor
Private owners' accommodation comprising of 2 bedrooms, lounge, fitted kitchen, office area plus acess to front of property via private entrance and access to rear yard.
First Floor
Private bathroom and toilet for the specific use of letting rooms 3 and 4 which are single and double rooms. Beautifully presented 20 cover dining room with feature lighting and superb bay window. Stairway leads to second floor.
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Business Services that may be of Interest:
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