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Popular Guest House in North Lincolnshire

Price:
Freehold - £569,950
Turnover:
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Seller Ref:
2329
Location:

Lincolnshire , Brigg

Business Type:

Hotels

See Other:
Guest houses for sale in Lincolnshire
Hotels for sale in Lincolnshire
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular guest house, which was established by our client in 2002 and is only now offered to the market due to our client's other business interests. The premises are well-equipped to suit the trade with 6-letting rooms finished to a high standard, large dining room and private parking for up to 4 cars. The business has an excellent reputation and holds a 90% repeat customer base. The premises boast a self-contained private cottage with lounge, kitchen, bedroom and bathroom, which is currently being refurbished. The business enjoys a high footfall from being situated directly off the main A-road in the town and from the surrounding area. The guest house is currently run at a pace to suit our client and generates a turnover in the region of £20,000 with a gross profit of 85%. We feel this could be increased by re-introducing private dining functions, which have been previously very successful. The new owner could, if desired, establish a marketing campaign to generate more custom. The self-contained cottage could be let out to further increase turnover. This is an ideal opportunity to acquire an already popular guest house with 1-bedroom owner's accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Albert house occupies substantial 3-storey premises ideally located in the town centre of Brigg, North Lincolnshire. The business benefits from ample on-street parking and is surrounded by a variety of complementary shops and businesses. There are regular buses running through the area and the railway station is within easy walking distance. The business enjoys easy access to the A-road network and the M180 is approximately 4 miles away. Brigg is a thriving market town serving the surrounding rural villages. Scunthorpe lies less than 8 miles away and Grimsby is 20 miles to the east.
Trading Hours:
All year round
Accommodation:
Substantial guest house premises with 1-bedroom owner's accommodation and self-contained cottage. Briefly comprising: Ground Floor • Lounge area with feature fireplace • Second lounge area currently used for storage • Large dining room with feature oak table and chairs for up to 12 covers, chandelier and wooden flooring • Kitchen with microwave oven, 4-burner gas hob and oven, washing machine and dryer • Laundry room • Owner's bedroom Cellar • Plaster boarded room with intention of converting to a gym area First Floor All letting rooms have TV, tea and coffee making facilities and hairdryer Accessed by 1st staircase • Room 1: Large double bedroom with en-suite shower room with WC and wash hand basin • Room 2: Large double bedroom with en-suite shower room with WC and wash hand basin Accessed by 2nd staircase • Room 5: Family room with large double bedroom with adjoining single bedroom and en-suite shower room with WC and wash hand basin • Room 6: Large double
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Business Documents:
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