TRULY EXCEPTIONAL GUEST HOUSE WITH EXCELLENT LIVING ACCOMMODATION
Price:
Freehold - £774,950
TRULY EXCEPTIONAL GUEST HOUSE WITH EXCELLENT LIVING ACCOMMODATION
Situated in the beautiful Cathedral city of Wells, Somerset
Advised turnover £89,387 PA with good GP returns
Early interest and viewing is highly recommended
7 bedrooms with converted loft living space
Exceptionally well presented throughout
Six rooms directly face the Cathedral
Entrance onto the Cathedral Green
Ideal lifestyle change opportunity
FREEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this truly superb freehold guest house which was first established by our clients in 1999 and are only now placing it onto the market due to their strong desires for retirement. The business which is run and managed by our clients achieves a very respectful advised annual turnover of £89,387. This is derived from offering very good quality (4 star Enjoy England) bed & breakfast style accommodation to a wide variety of guests throughout the year. The business has always enjoyed excellent levels of repeat trade with many of the customers frequently visiting for many years. The guest house also sees a healthy amount of new visitors from good word of mouth recommendations and internet advertising. Unsolicited recommendations led to free entries in ‘Good Hotel Guide, Lonely Planet, Rough Guide, Trip Advisor and top American site ‘Rick Steves.’ The property offers both excellent guest accommodation and very good private living accommodation with sizable private areas. There are 7 guest rooms ranging from a single room to a large family room. The breakfast room has views of the Cathedral. Our clients currently occupy the properties loft conversion which has a double bedroom, open plan living space with bathroom and beautiful naked wooden beamed roofing. Our clients have gone to considerable expense and effort on the properties presentation which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel that this is a wonderful lifestyle change opportunity for someone who is looking for a well established business which is situated in one of the UK’s most desirable historic Cathedral cities. Meridian Business Sales would like to urge early viewing of this charming guest house as opportunities in this specific location rarely appear on the market.
This truly exceptional guest house with luxury living accommodation is situated in the beautiful Cathedral city of Wells, Somerset. The property has an ideal location and benefits from having an entrance from Sadler Street and a rear entrance off the Wells Cathedral Green. The property benefits massively from being highly visible from both sides as the High Street attracts shoppers to the area with its excellent display of commercial shops and retail outlets, and the Cathedral attracts many visitors from all over the UK and abroad. The city of Wells is a hugely desirable residential and business area which offers a fine display of amenities including shops, banks, hotels, restaurants, cinema and an open air market on Wednesdays and Saturdays all within level walking distance. Educational facilities are excellent in both state and private sectors with The Cathedral School and The Blue School in the city as well as Millfield School in Street and Downside School near Radstock. Well’s Golf
Many of the rooms have working fireplaces, Queen Anne wood panelling, oak floors, sash windows with working full height shutters. There are hand carved exposed timber beams, flagstone floors and even exposed wedding beams in several of the rooms. 7 bedrooms with loft conversion living space and additional bedroom, large living room, dining room, family kitchen and 2 entrances. The house, which is authenticated to date from 1450, has a large range of period features.
GROUND FLOOR
Secure front entrance with porch leading to a large reception corridor with welcoming reception and payment system. Rear door entrance from the Wells Cathedral Green with beautiful original stone flooring.
Large open plan living room with feature fireplace
Bedroom 1 - Large double/family room with en-suite shower, wash basin and toilet.
Store room/wash room
Large open plan dining area seating 12-15 covers with well spaced tables and chairs plus Cathedral Green views.
Country style kitchen wit
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