Situated in the coastal resort of Mablethorpe
Listed number 1 on Trip Advisor for the area
Well appointed and presented throughout
Early viewing essential to fully appreciate
Advised annual turnover of £120,000
Ideal husband and wife opportunity
Scope for further development
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this superb hotel/B&B which was established by our clients in 2012. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since the business was established they have undertaken a full programme of refurbishment meaning that the business is in full walk in condition. They have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £120,000 which is derived from offering welcoming bed & breakfast services to all who wish to visit. The bed & breakfast is extremely popular due to its location in the business district has a large customer base with many repeat and regular customers. This is a superb opportunity to purchase a business with massive development potential and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
The hotel is located in a prime trading position between the boating lake at Queens Park and the beach front in the busy and thriving seaside resort of Mablethorpe in Lincolnshire. Mablethorpe is a traditional seaside town with a good mix of period and affordable housing plus all of the main amenities such as banks, post office supermarkets etc. The area is renowned for its pleasant countryside and long sandy beaches which are enjoyed by the locals and tourists on an all year round basis. The prime position of the bed & breakfast provides easy access to the town centre and the beach. The town centre has, over the years, had large amounts of investment in its infrastructure, retail and recreational facilities. Mablethorpe also has a thriving night life with good quality restaurants, bars and cinema which again attract tourists in large numbers during the summer season. Out of season, the gas terminal at nearby Theddlethorpe provides continued regular custom from contractors and other workers. Mablethorpe is close to the larger resort of Skegness were all of the major retailers can be found plus fun fair, bars and restaurants. The county of Lincolnshire offers good schooling and has 4 of the top ten schools in the UK plus strong road and rail links.
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