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ATTRACTIVE 5 LETTING ROOM ACCOMMODATION WITH EN-SUITE OR PRIVATE BATHROOM

Price:
Freehold - £499,950
Seller Ref:
2344
Location:

Cumbria

Business Type:

Hotels

See Other:
Bed & breakfasts for sale in Cumbria
Guest houses for sale in Cumbria
Hotels and motels for sale in Cumbria
Hotels for sale in Cumbria
Description:
THE BUSINESS:
ATTRACTIVE 5 LETTING ROOM ACCOMMODATION WITH EN-SUITE OR PRIVATE BATHROOM
Ideally located to benefit from large numbers of tourists and contractors to the area
Year on year increase in turnover with great potential for improvement
Beautiful rural village of Cark-in-Cartmel in Cumbria
Advised turnover £43,159 with high gross profits
Finished to the highest of standards throughout
Outstanding character guest house built c.1860
Superb 2 bedroom owners' accommodation
Early viewing essential to fully appreciate
FREEHOLD


Business History
Meridian Business Sales are delighted to offer to the market this outstanding 5 letting room guest house with 2 bedroom private owners’ accommodation that has been established for over 25 years and in the careful hands of our clients for the last 5 years. The only reason this rare opportunity is being offered to the market is due to our clients desire to relocate to a different part of the country to be closer to their immediate family. Since owning the business our clients have spent in excess of £100,000 refurbishing the property to the point where the business is now in full walk-in condition and presents a true ‘turnkey’ opportunity for any prospective purchaser. We are advised of an annual turnover of £43,159 with high gross profits which is derived from the letting of guest rooms and the sale of alcohol from the private bar located in the residents lounge. The business benefits from a website and is affiliated with an outside booking agent that provides high numbers of visitors. Due to their outstanding reputation our clients see large numbers of repeat and regular visitors. Due to it’s location, the business is perfectly placed to benefit from large numbers of tourists that visit the area for its many attractions including Cartmel Races, Holker Hall, and those of a more adventurous nature visiting the parachute centre at nearby Cark Airfield. Our clients also have high numbers of local visitors due to their innovative discount scheme in place for local villagers that wish to take advantage of the business’ outstanding facilities. Trade is good all year round with visitors to the area in the summer seasons while out of season the guest house sees large numbers of contractors that service the nearby caravan parks in the area. There is great potential for improvement on turnover as our client’s only offer an evening meal service upon request. A full table license is in place providing scope for any prospective purchaser to expand on this side of the business. This is a rare opportunity to purchase a superb business in a beautiful rural setting and would ideally suit a husband and wife partnership, providing a good standard of living and as such early viewing is highly recommended as opportunities of this calibre rarely stay on the market for long.
Location Details:
This outstanding 5 letting room guest house, with spacious 2 bedroom private owners’ accommodation, is located on the main road that run’s through the beautiful rural village of Cark-in-Cartmel. It is situated in a high visibility position providing ample opportunity for passing trade. Cark-in-Cartmel is a village in Cumbria, it lies on the B5278 road to Haverthwaite and is ½ mile to the North of Flookburgh. The village is approximately 2 miles to the Southwest of Cartmel and 3 miles to the West of Grange-over-Sands. Nearby Cartmel is famous for it’s historic priory and race course. Holker Hall is a stately home owned by Lord and Lady Cavendish and is within walking distance. Cark-in-Cartmel is reached easily via the A590 and is served by Cark and Cartmel railway station on the Furness line between Barrow-in-Furness and Lancaster, the M6 provides access to the UK’s wider motorway network.
Accommodation:
Semi-detached character property built c.1860 in beautiful rural location, 5 letting rooms with en-suite or private bathroom finished to the highest of standards with superb 2 bedroom owners’ private accommodation plus WI-FI facilities, briefly comprising: Ground Floor Secure entrance to spacious open plan hallway and reception area Off hall entrance to private owners’ lounge Letting room 1 - Double/twin room with en-suite Residents lounge and licensed bar area, feature wooden beams and wood burning fire Residents dining area, again superbly presented with 14 cover capacity Fully fitted kitchen Access to rear garden area First Floor Access from main hallway upon entry Letting room 2 - Family room with feature wooden beams, authentic fireplace and en-suite Letting room 3 - Double bedroom / twin Private shower room for room 3 Letting room 4 - Double bedroom with en-suite Staircase leading to second floor owners’ accommodation Second Floor 2 b
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