EXCELLENT FREEHOLD GUEST HOUSE - WEST MIDLANDS
Price:
Freehold - £545,000
Location:
West Midlands , Coventry
EXCELLENT FREEHOLD GUEST HOUSE WITH OUTBUILDINGS, STABLES & PADDOCKS - WEST MIDLANDS
Advised annual turnover of £48,000 with good GP returns
Beautifully presented property with 10 guest bedrooms
Early interest and viewing is highly advised
Situated in the beautiful village of Meriden
Sale price includes all fixtures and fittings
Exceptionally well presented throughout
1 bedroom owners' accommodation
Ideal lifestyle change opportunity
Approximately 3 acres of land
Genuine reason for sale
FREEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this excellent freehold guest house which was first established by our client in 2000, they are only now placing it onto the market due to her strong desires for retirement. The business which is run and managed by our client achieves an advised annual turnover of £48,000. The business is split between family weekend breaks and wedding parties at the weekend as well as corporate business occupancy during the week with many guests attending the nearby NEC. There remains infinite scope to expand the business further as there are various stables which could be converted to further bedrooms, subject to the appropriate planning permissions being obtained. The property sits within its own grounds of approximately 3 acres and includes 3 paddocks and a stable block. Our client has maintained the property to a very high standard and is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We would like to urge very early interest in this opportunity as properties of this calibre rarely appear onto the market.
This excellent freehold guest house is located in the beautiful village of Meriden which is near Coventry in the West Midlands. The property sits on Berkswell Road, close to the centre of the village and is very easy to find for visitors and guests. The business is ideally located for the National Exhibition Centre (NEC), which is only three miles away and on the main bus route. Within 5 minutes drive there is easy access to the M6 and M42 motorways, which gives good access to the M5, M1 and the M42. Birmingham International Airport and The National Exhibition Centre can be reached in minutes from the guest house. The location offers the best of both worlds whilst having a large range of neighbouring attractions and facilities coupled with being placed in a quiet and tranquil location within a beautiful and highly desirable village.
Substantial detached property set in 3 acres of grounds with various outbuildings, briefly comprising of:
GROUND FLOOR
Entrance/reception porch leading to: Room 1 - Single room with en-suite toilet, shower and wash basin. Room 2 - Twin room with en-suite toilet, shower and wash basin. Room 8 - Twin room with en-suite toilet, shower and wash basin.
Dining room with 16+ covers well spaced dining tables and chairs plus access to commercial style kitchen.
Private accommodation - Lounge, bedroom with en-suite toilet, bath and wash basin plus utility room/office.
FIRST FLOOR
Room 3 - Twin/double/family bedroom with en-suite toilet, shower and wash basin. Room 4 - Twin room with en-suite toilet, shower and wash basin. Room 5 - Double room with en-suite toilet, shower and wash basin. Room 6 - Twin room with en-suite toilet, shower and wash basin. Room 7 - Single room with en-suite toilet, shower and wash basin.
EXTERNAL
To the rear is extensive gardens with slabbed areas
West Midlands
£ 1,100,000
West Midlands
£ 1,399,950
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Business Services that may be of Interest:
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