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TOWN CENTRE GUEST HOUSE - NORTH YORKSHIRE

Price:
Freehold - £240,000
Seller Ref:
2392
Location:

North Yorkshire, Scarborough

Business Type:

Hotels

See Other:
Guest houses for sale in North Yorkshire
Hotels and motels for sale in North Yorkshire
Bed & breakfasts for sale in North Yorkshire
Hotels for sale in North Yorkshire
Description:
THE BUSINESS:
TOWN CENTRE GUEST HOUSE - NORTH YORKSHIRE
Situated in the coastal destination of Scarborough
Advised turnover £32,840 with good gross profits
High percentage of repeat and regular visitors
1 bedroom private owners' accommodation
Outstanding high footfall trading location
Beautifully presented 10 letting rooms
Early viewing is highly recommended
FREEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this excellent guest house which has been established for over 50 years and has been in the capable hands of our client for the previous 9 years. The only reason this outstanding opportunity is being offered to the market is due to our clients desire to concentrate on their other business interests. Since owning the business our clients have and continue to spend time and money on the premises to the point that they are in full walk-in condition for any prospective purchaser. We are advised of an annual turnover of £32,840 which is derived solely from the letting of our clients beautifully presented guest rooms, this provides great scope for any new owner as currently our client chooses not to offer an evening meal service or licensed bar facilities which could potentially provide a substantial increase on turnover. The business benefits from a wonderful established reputation and has a high percentage of repeat and regular visitors including contract workers that provide a constant source of income added to this a high percentage of passing trade to due its fabulous trading location at the heart of the town. Our client's currently have no website or use any booking agents which again provide the potential to increase turnover. This is a superb opportunity to purchase an established business with a fantastic reputation and as such early viewing comes highly recommended as this business is not to be missed.
Location Details:
This outstanding guest house is in a main road position in the town centre of Scarborough. It is within walking distance of all the town's local amenities and within a leisurely walk of the seafront providing a high footfall, prominent location ideal for a business of this nature. Scarborough is a town on the coast of North Yorkshire, it is best known as a popular tourist destination with beautiful sandy beaches and a multitude of attractions it is widely recognised as the largest holiday resort on the Yorkshire coast and affectionately known as 'Heartbeat Country' made famous by the popular BBC drama. Scarborough is reached easily via the A165 coast road linking the town with nearby Whitby and Bridlington, the A64 provides access to York and further access to the UK's
Accommodation:
Substantial mid-terraced 4 storey property, 10 letting rooms 3 of which are en-suite in a superb town centre location, briefly comprising: GROUND FLOOR Secure entrance leading to welcoming hallway/entrance, main residents lounge, open plan with walk through access to 26 cover dining area, further access to fitted kitchen, utility room, access to rear yard and stairs from main hallway to first floor accommodation. FIRST FLOOR Access to owners' private accommodation with family bathroom, double size bedroom, private lounge, access to rear yard with parking for 1 vehicle, 3 x guest letting rooms, 2 x family rooms with en-suite, 1 x double room and stairway to second floor. SECOND FLOOR 4 x guest letting rooms comprising 2 x family rooms , 1 of which is en-suite, 1 x double room and 1 x single room. Beautifully presented bathroom. THIRD FLOOR 3 guest letting rooms comprising 2 x family rooms and 1 double room, toilet and shower room. EXTERNAL Private parking for 1 vehi
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