Bed & Breakfasts for sale in Chichester

View the "6 bed HMO/B&B with good parking" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

6 bed HMO/B&B with good parking

Chichester, West Sussex, England

  • Freehold Price: £495,000
  • Annual Turnover: £37,000
  • Annual Net Profit: £32,000
Seller Reference: PAX0207218948
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX0207218948
Request Details
Business Description
Previously a successful B&B for 25+ years named Anna's,  the current owners let the rooms to professionals and the property is a licenced HMO.

This 6 bedroomed semi-detached property (left side in photo) would make an ideal investment for letting to professionals either as a resident or live out landlord, or returning it to its prior use as a bed & breakfast. As a B&B it has potential for a substantial income. It would also make a comfortable family home. As a B&B the rooms could accommodate up to 11 people including 2 owners.

The ground floor currently consists of 2 bedrooms, 1 of which is en-suite; lounge; kitchen and conservatory. One of the bedrooms was previously a living room (and is easily converted back), so provides flexibility depending on an owner's requirements.

The first floor has 4 bedrooms (3 of which are en-suite) and a bathroom.

To the rear there is parking for 5 vehicles, plus a garage, a small garden area and patio. The parking area is easily converted back to a larger garden if required.

It is ideally situated for Goodwood, Rolls-Royce, St Richards Hospital and a range of shops.

The sale would include most furniture, fittings and appliances.

Income as an HMO is 36-39k pa gross.
Potential income as a B&B would depend on how many rooms are let and various other factors/personal preferences, but could be in the range 50k-95k pa gross.
Tenure:
Freehold
Is accommodation included?:
Flexible according to owner's needs
Number of bedrooms:
6
Location Details:
Close to town centre, Goodwood and major road networks.
Is this business home based:
Yes
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