Guest Houses for sale in Lincoln

View the "SUPERBLY APPOINTED 5 LETTING ROOM GUEST HOUSE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Freehold Price: £275,000 Annual Turnover: £24,386
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Business Description
SUPERBLY APPOINTED 5 LETTING ROOM GUEST HOUSE - LINCOLNSHIRE
Prime position just off the city centre of historic Lincoln
£24,386 pa turnover with massive growth potential
Early viewing highly recommended
Superbly finished guest house
Huge scope for growth
All rooms en-suite
FREEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this luxurious guest house which was established by our clients in 2006. The only reason this excellent guest house is being offered to market is our clients desire to take a well earned retirement. Since our clients took ownership of the business they have undertaken a full refurbishment program to the property to include all rooms, en-suites and communal areas to produce the end result of a stylish walk in and trade business. Our clients inform us that the annual turnover currently runs at £24,386 which is derived from a mix of travelling business people and tourists for the many attractions of the city of Lincoln. The business enjoys a high level of repeat business and this is mainly due to the quality of the stay plus our client's flexible attitude to the business. This is a superb opportunity to purchase a quality lifestyle business that has been renovated to a very high standard and which offers new owners a premium business with massive scope for to develop further.
Tenure: Freehold

Location Details:

This superb 5 bedroom guest house is located in the historic Cathedral city of Lincoln. The property has a prime location on a quiet road in the centre of a large residential area just of the city centre. The city is a tourist centre and those who come, do so to visit the numerous historic buildings including the Cathedral, the Castle, the Medievel Bishop's Palace and the specialist shops of Steep Hill and Bailgate. Lincoln has good road and rail links with main line station and close to the motorway networks of the A1 and the A47 trunk road.

Listed by: Meridian Business Sales Limited
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