Bed & Breakfasts for sale in Scarborough

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 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £339,950 Price Reduced Annual Turnover: £92,000
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Business Description
La Baia is a Family Run Victorian 12 bedroom 4* Guest House in a prime location overlooking the North Bay . All rooms are beautifully maintained and have recently refurbished en suite bathrooms. 6 rooms have fantastic panoramic sea views overlooking the whole of the North Bay and Castle and 4 rooms have a Beautiful view overlooking the South Bay and Scarborough Town. La Baia is very centrally located – only 10 minutes walk to both bays and the town centre. La Baia is a very successful and highly profitable business run over 39 weeks with an average of 58% occupancy during this time. Bookings are generated by our own website, an enviable amount of return guests and (rated 9.4/10). On Trip Advisor we are listed #7 out of 187 guest houses in Scarborough and 94/100 on Trivago. We achieved a 5 rating from the Food Hygiene Agency (highest rating). There is scope for a higher turnover by trading all year round and promoting the evening meals.
The sea view licensed bar is very cozy and has a lovely warm feel to it. We serve draught beers as well as wines, spirits and soft drinks. We offer evening meals, bar snacks and provide room service. The Dining Room has seating for up to 29 guests serving high quality meals using locally sourced products whenever possible and prepared by a qualified cook. There is a large commercial kitchen, which had a complete overhaul last year and pantry, with ample storage space.
This Fantastic Guest House also benefits from beautifully furnished owners accommodation – very spacious sitting room, office (which can be converted into a single bedroom if required), laundry room and double bedroom with en suite bathroom with shower.
Current owners have run the business for 13 happy years and are now looking to retire. Early viewing of this Guest House is encouraged
Trading Hours:

Currently trading for 39 weeks of the year working hours between 6.45am to 11.30pm during peak times

Number of Employees: 1-5

Tenure: Freehold

Number of bedrooms: 1

Accommodation Details:

A large living room with office, laundry room, ensuite bedroom and utility area. Small yard with outside boiler house. The property is 5 storeys high with stairs to each floor.

Support & Training:

We will provide support and training to the purchaser to help with the smooth transition of the business. Also, Lloyds Bank are prepared to give financial support for the purchase of the business.

Location Details:

5 minutes walk to Scarborough Cricket Ground, where Yorkshire CC play twice a year. Motorbike racing at Oliver's Mount is held 4-5 times a year. We have the Open Air Theatre 10 minutes walk, which holds up to 8,500 people and is the largest open air theatre in Europe and attracts well known artists. The Spa Theatre is 15 minutes walk, where variety shows, conferences and other events eg jazz festival, national chess and bridge championships. The famous Stephen Joseph Theatre is only 15 minutes walk where Alan Ayckbourn Premieres are shown along with a variety of other productions.

Is this business home based: Yes


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