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SUPERB 8 LETTING ROOM GUEST HOUSE

Price:
Freehold - £329,995
Seller Ref:
2598
Location:

Wales, Gwynedd

Business Type:

Hotels

See Other:
Bed & breakfasts for sale in Wales
Guest houses for sale in Wales
Hotels and motels for sale in Wales
Hotels for sale in Wales
Description:
THE BUSINESS:
SUPERB 8 LETTING ROOM GUEST HOUSE - NORTH WALES
Situated in the pretty seaside town of Llandudno
One bedroom owners' accommodation
Large welcoming Edwardian house
Early viewing highly recommended
Long leasehold (virtual freehold)
Minutes from the railway station
Scope for further development
Annual turnover £42,061
LONG LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this outstanding Edwardian guest house which has been established since 1980 and has been in the careful hands of our clients since 2006. The only reason this opportunity is being offered to the market is due to our clients having to relocate. Since owning the business our clients have invested heavily into the constant modernisation of the guest house whilst keeping many of the original Edwardian features, which means there is no additional costs for any prospective purchaser. We are advised of an annual turnover of £42,061 with high profit margins, which is derived from the letting of our clients 8 beautifully presented rooms with en-suite facilities. The business does not currently have a license to sell alcohol which provides scope to any prospective buyer. This is a fabulous opportunity to purchase a thriving business in a great location which is why early viewing comes highly recommended.
Location Details:
This excellent guest house is located in the thriving seaside resort town of Llandudno, North Wales. The Ashdale is a large welcoming Edwardian house covering three floors, with views of the Great Orm and Snowdonia. It is located on one of Llandudnos most tranquil roads, minutes from the railway station and all the towns major attractions. The business is centrally located between the north and west shores. Llandudno has strong road links to the rest of the UK and North Wales via the main A55 express way which is just minutes away.
Accommodation:
A large welcoming Edwardian house covering three floors, briefly comprising; Entrance doorway leading to Entrance porch with patterned style quarry flooring, glass panelled doorway to Main reception hallway with inset stained glass panels to above and side, parquet wooden block flooring, radiator, reception area, picture rail, stairs leading up to first floor Guest lounge 5.3m max to bay x 3.89m max to chimney breast alcove with gas fire and surrounding decorative grate, radiator, covings and picture rail. Guest dining room 5.66m max to bay x 4.06m max to chimney breast alcove with picture rail, covings and radiator Private owners' lounge 4.3m max to bay x 4.1m max to chimney breast alcove with feature electric fire and surrounding grate, radiator, picture rail and doorway through to Kitchen - cooking area 4.34m x 2m with an eight hob range oven, units to floor and wall, part tiled walls, doorway leading to rear of property and opening through to second part of kit
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