Thriving Bed and Breakfast Business in Peterborough
Price:
Freehold - £375,000
Location:
Cambridgeshire, Peterborough
Preferred Commercial is delighted to offer for sale this thriving bed and breakfast business, which was established in 1960 and which has been in our clients' careful hands since 2000. The business is only now offered to the market due to our clients' wish to emigrate. The bed and breakfast trades all year round, generating a turnover in the region of £96,000 per annum with a gross profit of 85%. Our clients offer 11-letting rooms finished to a high standard throughout, along with a breakfast menu. The business benefits from being the only bed and breakfast in Peterborough with a 4 star rating and has an excellent reputation ensuring high levels of trade, along with a loyal customer base. There is a website in place advertising rooms and services offered and also feature online booking facilities. Our clients have recently opened a café operating from within the premises, which is proving to be very popular with local residents and businesses, and generates an additional income of approximately £800 per month. The café serves hot and cold food, cakes and drinks and opens weekdays from 10am to 3pm. There is 4-bedroom self-contained detached owners' accommodation to the rear which is available, by separate negotiation, for £300,000. We are advised that planning permission has been granted to convert the bed and breakfast into four apartments. We feel this is an ideal opportunity to acquire an already thriving bed and breakfast business with huge scope for further development. Early negotiations with Preferred Commercial must come highly recommended.
Aaron Park Bed & Breakfast occupies substantial Victorian premises, ideally located on the outskirts of the city centre of Peterborough, Cambridgeshire. The business enjoys an ideal trading position just a short walk from the railway station and close to a number of bus stops. The premises benefit from ample private parking and are surrounded by a variety of complementary shops and businesses. There are a number of attractions in the area including Peterborough Cathedral and Queensgate shopping centre. Peterborough is a historic city boasting numerous restaurants, bars, cinemas and parks. The business boasts easy access to the A-road network and the A1(M) is less than 6 miles away. Stamford lies less than 14 miles away and Spalding is 17 miles to the north. Leicester, Northampton and Cambridge are all less than 40 miles away.
Substantial Victorian bed and breakfast premises with 11 high quality letting rooms. Briefly comprising:
Ground Floor
• Hallway
• Breakfast room for 20 covers
• Office
• Linen room
• Commercial kitchen
• Room 9: twin with en-suite
Annex:
• Room 10: double
• Room 11: 3 x single
Rooms combine to make a family suite with shared shower room and separate WC with wash hand basin. Suitable for use as owners' accommodation.
First Floor
• Room 8: family room with en-suite • Room 7: double bedroom with en-suite shower
• WC with wash hand basin
• Room 6: single with en-suite
• Room 5: family room with en-suite
Second Floor
• Room 4: family room with en-suite
• Room 3: single with en-suite
• Room 2: double with en-suite
• Room 1: family bedroom with en-suite
4-Bedroom Detached House:
AVAILABLE BY SEPARATE NEGOTIATION FOR £300,000
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