Bed & Breakfasts for sale in Powys

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Ian McGregor (Nov 2013)
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Freehold Price: £214,999 Price Reduced
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Business Description
Spacious Victorian guest house with 6 letting rooms
Advised turnover £24,000pa with high profit returns
Early interest and viewing is highly recommended
Situated in the beautiful town of Newtown
Ideal lifestyle change opportunity
Scope for further development

Business History

Meridian Business Sales are delighted to offer for sale this truly beautiful guest house which has a proud history dating back to the 1960's. Since 2007 the business has been owned by our clients who are only now reluctantly placing it onto the market due to their growing commitments with another business. The guest house achieves an advised annual turnover of £24,000 derived from offering guests a traditional B&B style accommodation which sees a wide selection of customers throughout the year. The property has 6 accommodation rooms with a basement owners en-suite bedroom. The property is very well presented throughout with our clients going to considerable expense on modernising and decoration which is a big plus for a new owner as additional funds will not need to be spent for some time. The business has always enjoyed excellent levels of repeat trade with many guests becoming regular visitors. The guest house also sees a healthy amount of new customers derived from good word of mouth recommendations from happy visitors and from the highly visible trading location set on the town's main access road. This is an ideal lifestyle change opportunity for someone who is looking for a well presented property which is situated in one of Wales's most popular towns. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest in this charming guest house.
Tenure: Freehold

Accommodation Details:

Spacious Victorian guest house being double glazed and gas central heated, briefly comprising: BASEMENT - Double bedroom- with en-suite toilet, sink and double sized shower GROUND FLOOR - Recessed entrance porch with secure front entrance. Entrance Hall - oak flooring, stairs access, fire alarm, access to ground floor rooms and basement access. Living Room - 4.75m x 4.07m bay window, tiled firegrate, oak flooring and 2 radiators. Dining room - 4.14m x 3.57m quarry tiles floor, radiator and built in cupboards. Kitchen - 3.95m x 3.74m fully fitted kitchen with cupboards, worktops and wash basin, country range cooker with 8 rings, dishwasher, tiled floor and extraction. Utility Room - 3.65m x 1.79m tiled floor, gas fire central heated boiler and door to rear. FIRST FLOOR - Landing with radiator accessing stairs to second floor. Bedroom 1 - 3.79m x 2.29m twin room, radiator, pedestal wash basin, shaving light & socket. Bedroom 2 - 3.57m x 3.24m double room with radiator and fitted wardrobes. En-suite shower room - glazed shower cubical, pedestal wash basin, shaving light & socket. Bedroom 3 - 4.09m x 3.27m twin room, radiator, pedestal wash basin, shaving light & socket. Bedroom 4 - 3.03m x 2.64m twin room, radiator, pedestal single wash basin, WC, radiator and extraction fan. SECOND FLOOR - Landing with linen cupboard. Bedroom 5 - 4.11m x 3.30m family room, wash basin, radiator, shaving light & socket and airing cupboard. Bedroom 6 - 4.11m x 4.13m triple room, pedestal wash basin and radiator. Bathroom - panelled bath, shower cubical, pedestal wash basin, WC, heated towel rail and Velux window. EXTERNAL - Front paved area, rear paved yard with flower boarders, storage outbuilding with power points, security lighting and right of way passageway from new road to rear of property.

Location Details:

The guest house is situated in the beautiful town of Newtown, Powys. The property is ideally situated on the town's main access through road just a short walk away from the busy centre. The business benefits from the endless stream of motorists, visitors and public transport users who pass by the property to access the town centre. The guest house has a nice selection of neighbouring residential properties, commercial businesses and area attractions which makes it an ideal location for guests to enjoy the town with ease of convenience. The location also benefits from having roadside free communal parking facilities which is a big plus for all who visit. Newtown is the largest town in Wales and has become a hugely popular business and residential area due to its excellent central shopping facilities, beautiful countryside views, fine housing, good schools and NHS services as well as many historic attractions and a welcoming local community.

Listed by: Meridian Business Sales Limited
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