SUPERB 12 LETTING ROOM GUEST HOUSE
Price:
Freehold - £420,000
SUPERB 12 LETTING ROOM GUEST HOUSE - CUMBRIA
Contract bookings through Sellafield Nuclear Power Plant
Situated on the edge of the Lake District National Park
Advised turnover £52,000 with good gross profits
3 bedroom owners' private accommodation
Monopoly trading position
Popular tourist destination
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this outstanding bed and breakfast that has been established for over 20 years and has been in the capable hands of our client for the previous 7 years. The only reason this opportunity is being offered to the market is due to the unfortunate breakdown in the relationship of our clients. Since owning the business our clients have spent time and money on improving the property to the point where it is now in a walk-in condition for any prospective purchaser. We are advised of an annual turnover of £52,000 which is derived from the letting of our clients 12 beautifully presented rooms which as the only guest house in the locality provide a monopoly trading position for the business. Our clients benefit from a high percentage of repeat and regular customers in particular from their clients based at the Sellafield Nuclear Power Plant providing a regular income stream in addition to tourists that visit the area which is particularly popular with walkers and cyclists. The business has great scope for a further increase in turnover as our clients do very limited advertising and do not currently have a website. There is also great potential to develop the land externally subject to local planning consent. The business does not currently have a bar license again providing scope for any prospective purchaser added to this an evening meal service could potentially see a substantial increase on turnover. This is a fabulous opportunity to purchase a thriving business with great scope to develop further and as such early viewing comes highly recommended to fully appreciate the potential of this outstanding opportunity.
This excellent guest house is located in the town centre of Egremont in Cumbria. It is set in approximately 1/3 of an acre of private land and is within walking distance of all the town's local facilities. Egremont is a market town and civil parish in the Borough of Copeland It lies approximately 6.5 miles to the north of Sellafield and 5.5 miles to the south of Whitehaven. The town is best known for its annual Crab Fair and as the host of the world famous Gurning championships, the area is a popular destination for tourists in particular cyclists and walkers, Egremont Castle is also a popular destination for visitors to the area. Egremont is reached easily via the M6 motorway which is approximately 1 hours drive away.
Substantial detached freehold property set in approximately 1/3 acre of private land, 90% double glazed, 12 letting guestrooms with 3 bedroom private owners' accommodation, briefly comprising:
GROUND FLOOR
Secure entrance from rear car park leading to utility room, fully fitted kitchen, pantry, owners' private bathroom, shower room and toilet, beautifully presented owners' private lounge, residents dining area with 16 covers, door access to cellar, owners' double bedroom, owners' second bedroom, double sized with single annex currently used as office. Hallway leads to main entrance and access to front garden. Stairway to first floor.
FIRST FLOOR
4 x letting rooms, 3 x twin and 1 x family sized rooms presented to the highest of standards, shower room, secondary shower room with toilet, additional toilet room, storage cupboard, fire escape access to ground floor, large spacious residents lounge with additional dining area and stairway to second floor.
SECOND FLOOR
8 letting r
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