12-Letting Room Guest House in East Yorkshire

Price:

Freehold - £260,000

Turnover:

Seller Ref:

1050

Location:

East Yorkshire, Bridlington

Business Type:

Hotels

See Other:

Bed & breakfasts for sale in East Yorkshire
Hotels and motels for sale in East Yorkshire
Hotels for sale in East Yorkshire

Description:

THE BUSINESS:

Preferred Commercial is delighted to offer for sale this much sought after guest house business in such a prime trading location within Bridlington. The Morayland Hotel has been established for over 30 years and has built up an enviable reputation throughout the area, benefiting from much regular of the custom. The property has undergone a substantial refurbishment programme and benefits from an exceptionally high standard of fixtures and fittings throughout. There are 12 letting bedrooms on the first and second floors as well as spacious self-contained two-bedroom private living accommodation. It is also popular with those with mobility difficulties, as the property has two staircases accessing the first floor, including one with a stair lift. Currently the business is run at a pace to suit our clients and trades from mid-February through to November achieving a turnover of £64,500 on a bed and breakfast only basis. There is significant demand in the area for all year-round trade as Bridlington is rapidly becoming a major conference venue, popular throughout the UK, with increasing demand for bed and breakfast accommodation. There remains significant scope to increase turnover further as there is certainly demand for evening meals, if desired. This is a unique opportunity to purchase such a thriving and highly regarded business in such a prime trading location, close to the amenities and beach within Bridlington. Early discussions with Preferred Commercial must come highly recommended.

Location Details:

The Morayland Hotel is located in a prominent and highly desirable trading location on Marshall Avenue, within the thriving seaside town of Bridlington in the East Riding of Yorkshire. The Morayland Hotel occupies a substantial three-storey detached property, which is only 350 yards from the beach and within a short walking distance of the Spa Theatre, promenade shopping centre, aquarium, famous harbour and town centre. The property has an attractive wide frontage with ample free on-street car parking facilities, as well as a private car park to the rear with spaces for up to 10 vehicles and a cycle store. The area is a haven for visitors and tourists all year round, with numerous award-winning attractions in close proximity, including the famous Flamborough Head Heritage coastline and RSPB Bird Sanctuary. Visitor numbers are projected to increase further as funding is already in place for significant redevelopment in the town, including a harbour regeneration project, residential an

Accommodation:

Guest house with 12 letting bedrooms and self-contained two-bedroom private living accommodation. Ground Floor • Hallway and reception area • Residents' lounge. • Dining room • Bar Private Accommodation • Lounge • Double bedroom • Kitchen: • Utility Area: • Office. • Bathroom: • Double bedroom. • Conservatory. First Floor • WC. • Room 4: double bedroom. • Room 5: double bedroom. • 2xBathrooms: • Room 6: twin bedroom: • Room 7: double bedroom with en-suite. • Room 8: single bedroom. • Room 3: double bedroom. • Room 2: double bedroom with en-suite • Room 1: single bedroom. Second Floor • Laundry Store • Room 12: double bedroom • Room 11: double and single beds. • 2xBathrooms: • Room 10: 3 x single beds • Room 9: double bedroom.