7-Letting Room Guest House in Swansea
Price:
Freehold - £275,000
Preferred Commercial is delighted to offer for sale this 7-letting room guest house, which was established in 1953 and which has been in our client's careful hands since 1984. The business is only now being placed on the market due to our client's wish to retire. The Bayswater is currently operated at a restricted pace to suit our client and generates a turnover in the region of £20,000 per annum with a gross profit of 70%. A new owner could easily increase turnover by operating the business to full capacity and embarking on a modest advertising campaign. We feel the business would benefit greatly from the introduction of a web site with on-line booking facilities. We feel this represents in ideal opportunity to acquire a 7-letting room guest house in such an ideal location overlooking the wide sandy bay. Early discussions with Preferred Commercial must come highly recommended.
The Bayswater is ideally located on the Swansea coast road overlooking the bay and surrounded by complementary businesses. Swansea is the second most populated city in Wales and is popular with holiday makers who flock there for the wide sandy beaches and wealth of attractions, ranging from theatres, historic buildings to the marina and botanical gardens. There is also excellent surfing in the area. The area is easily accessed with the M4 motorway within 5 miles of the city and railway station within a mile and a half of the guest house.
3-storey Edwardian property with 7 letting rooms and 1 bedroom owners accommodation. Briefly comprising:
Ground Floor
• Guest lounge with large bay window and feature fireplace
• Dining room with tables and chairs for 12
• Owners' lounge
• Kitchen with a range of fitted wall and base units
• WC
First Floor
• Room 1: Family room with double and single beds, wash basin
• Room 2: Double with wash basin
Bathroom with shower over bath and WC
• Room 3: Family room with double and single beds, en-suite shower room
• Room 4: Double with bay window and en-suite shower room
• Room 5: Single with wash basin
Second Floor
• Room 6: Double with wash basin
• Room 7: Double with wash basin, used by owner
• Room 8: Double
External
• Small garden to front
• Yard to rear with shed, secure gates and parking for 2 cars
North Yorkshire
£ 750,000
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