Bed & Breakfasts for sale in Alnwick

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Mr & Mrs Neville (Sept 2013)
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Freehold Price: £575,000 Price Reduced
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Business Description
Thriving business finished to the very highest of standards
5* rated Visit Britain (Gold Award & Breakfast Award)
Rural location approximately 1.5 miles from Alnwick
Annual turnover of £53,000 with good gross profits
1 bedroom owners' accommodation
Early viewing is essential
3 en-suite letting rooms

Business History

Meridian Business Sales are privileged to offer to the market this outstanding bed and breakfast business that has been established by our client since 2005. The only reason this wonderful opportunity is being made available is due to our clients desire to relocate to be closer to their immediate family. Since establishing the business our clients have invested heavily on the business premises to the point that they are now in full-walk in condition representing a true turnkey opportunity for any prospective purchaser. We are advised of an annual turnover of £53,000 with good gross profits which is derived from the letting of our clients 5 star rated accommodation. The business has an outstanding reputation and benefits from a high percentage of repeat and regular customers from, on the independent website Trip Advisor the business has over 100 reviews for 5 star excellence. The business has also had a featured article write up in the popular Newcastle Journal Homemaker emphasising what a truly exceptional opportunity the business represents. There is great scope for a further improvement in turnover as the business is run at a pace to suit our clients lifestyle, the addition of an evening meal service could prove to beneficial as would the introduction of a more aggressive marketing strategy as the business relies solely on word of mouth recommendations. There is also the potential to redevelop the premises to further increase capacity subject to local planning consent. This is an exceptional opportunity to purchase a thriving business finished to the highest of standards with scope for further improvement and would ideally suit a partnership looking for a true lifestyle change opportunity, as such early viewing is essential as this business will not stay on the market for long.
Tenure: Freehold

Accommodation Details:

Stunning character property c.1850, totally converted and renovated in 2003, set in beautifully landscaped gardens with superb rural views, all rooms are finished to the very highest of standards, briefly comprising: Ground Floor Secure double door entrance leading to welcoming lobby and guest registration area, double door entrance to exceptional residents dining hall with solid oak flooring throughout, feature lighting and spiral staircase leading to first floor accommodation. Open plan kitchen/owners' private lounge. Guest bedroom 1 - Twin or super king-size bedroom with en-suite. Guest bedroom 2- Double bedroom with en-suite with views over courtyard. Residents lounge with beautiful feature fireplace and patio doors leading to gardens. Double doors lead to owner's private lounge and kitchen. Large and spacious kitchen again finished to the very highest of standards with real tile flooring throughout. Utility room, ground floor bathroom and access to courtyard. First Floor

Location Details:

This truly superb bed and breakfast business is located just off the A1 near Alnwick in Northumberland, it is set in its own beautifully landscaped gardens providing a stunning rural retreat whilst being close to local services and amenities. Alnwick is a small market town in the northeast of England and is best known for its castle which attracts tourists from all over the country throughout the year. According to the October 2002 edition of the Country Life magazine Alnwick is "the most picturesque town in Northumberland and the best place to live in Britain". Alnwick is reached easily and is situated approximately 35 miles north of Newcastle and 32 miles south of Berwick-upon-Tweed and the Scottish border, plus the coast is only 5 miles away at Alnmouth. The A1 provides easy access whilst rail services are located approximately 3 miles away, Newcastle airport is drive approximately 34 miles away.

Listed by: Meridian Business Sales Limited
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