5 Letting Bedroom Guest House in Exeter Devon

Price:

Freehold - £489,950

Turnover:

Seller Ref:

2697

Location:

Devon, Exeter

Business Type:

Hotels

See Other:

Guest houses for sale in Devon
Hotels for sale in Devon

Description:

THE BUSINESS:

Preferred Commercial is delighted to offer for sale this popular 5 letting bedroom guest house, which was established by our client in 2004 and which is only now being placed on the market due to our client's wish to retire. The guest house operates all year round and generates a turnover in the region of £58,000 with a gross profit of 80%. A new owner could easily increase turnover as at present our client trades under the current VAT limit. The property has been well maintained throughout and our client has operated a rolling programme of repairs and redecoration. In addition to the 5 letting rooms there is 1 bedroom private owners' accommodation. The business also benefits from off street parking for 3 vehicles. We feel this is an ideal opportunity to acquire a popular guest house in an ideal location close to the city and in a walk-in and trade condition. Internal viewing, arranged through Preferred Commercial must come highly recommended.

Location Details:

Woodbine Guest House occupies a prominent corner trading position, situated in a popular residential area yet close to the centre of Exeter in Devon. The guest house is within easy walking distance of two railway stations and benefits from off road parking for three cars. Exeter is a popular tourist city that dates back to Roman times and is home to Exeter University. The city boasts excellent transport links with Exeter International Airport and the M5 motorway approximately 3 miles away.

Trading Hours:

All year round

Accommodation:

Substantial Victorian property retaining many original features. Briefly comprising: Ground Floor • Main entrance to lobby and through to hallway with reception area and stairs to upper floors • Private lounge with feature fireplace • Guests' breakfast room with laminate flooring and tables and chairs • Large kitchen with a range of fitted wall and base units, laundry area with washing machine and tumble dryer, through to covered storage area First Floor • Double bedroom with en-suite shower facilities • Twin bedroom with en-suite shower facilities • Owners' private single bedroom • Owners' private bathroom Second Floor • Single bedroom • Bathroom for use by single bedroom • Double bedroom with en-suite shower facilities • Twin bedroom with en-suite shower facilities External • Garden area to front with parking for 3 vehicles • Small courtyard to rear