Bed & Breakfasts for sale in Henley-in-Arden

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Y. MacGregor (Nov 2017)
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Freehold Price: £949,950 Annual Turnover: £69,045
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Business Description
Veritas Business Sales are delighted to offer for sale this well respected Guest House which is located in the highly desirable town of Henley in Arden. The business has been trading for over 50 years and has been in the careful hands of our clients for the past 39 years and is reluctantly being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have sympathetically extended the property on three occasions and continually improved the property to include a new roof and a new retaining wall to the car park to add protection from the River Alne. They have also continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Bridge House attracts a good mix of both private and business guests which include a number of overseas visitors. This is the only Guest House within Henley in Arden and benefits from AA 3 Star accreditation. The business is very much owner operated, requiring no staff members and has an annual turnover of £69,045. Guests book via their own website and from the conventional on-line accommodation booking websites. The National Exhibition Centre attracts many guests as do the abundance of quality restaurants within the town. All rooms are tastefully decorated and benefit from flat screen TVs, tea & coffee making facilities and en-suite bathrooms. Room tariffs range from single room £75 mid-week & £85 at weekends, double or twin rooms are £90 mid-week & £95 at weekends and the family room is £99 mid-week & £110 at weekends. Next morning you can enjoy a traditional cooked breakfast, served with only the finest locally sourced produce, accompanied with fresh juices, yogurts, cereals and tea & coffee. We believe that there is further potential to increase trade should you wish. My clients choose to operate this at a gentle pace to suit their lifestyle and purposely trade below the VAT threshold. They only allow 4 rooms to go onto the booking sites at their own choice. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established lifestyle business which has further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Tenure: Freehold

Number of bedrooms: 1

Accommodation Details:
Owners Self-Contained accommodation Hallway with storage cupboard which has a sealed staircase giving access to bedroom 4. This would create an additional owners bedroom should you need one. Owners lounge (11 ft 11 x 11 ft 11) Owners bedroom (13 ft 8 x 12 ft 4) twin aspect with radiator. Owners bathroom with panelled bath, low-level W/C and pedestal wash basin. Laundry room (8 ft 11 x 6 ft 11) with washing machine (Whirlpool), dryer (Maytag), hot water boiler (Lochinvar), central heating boiler (Baxi solo) and linen storage shelves. Kitchen (12 ft 9 x 11 ft 1) with ceramic tile floor, twin bowl porcelain sink, wall and base units, worktops, gas fired AGA oven with 5 burner hob & hotplate (Rangemaster), built in microwave & oven (Zanussi)and a fridge/freezer & ice-maker (Whirlpool).

Location Details:
This outstanding Guest House is located in the affluent village of Henley In Arden, Warwickshire. Its positioned within a highly visible and prominent location on the cross roads at the main High St (A3400) and Warwick Road (A429). The town has a population of circa 2,500 and is located approximately 8 miles west of Warwick (renowned for its castle), 15 miles south-east of Birmingham and 9 miles North of the Stratford-upon-Avon (most visited tourist within the United Kingdom). Henley is known for its variety of historic buildings, some of which date back to medieval times and wide variety of preserved architectural styles. The one mile long (1.6 km) High Street of Henley is a conservation area.

Website:

Listed by: Veritas Business Sales Ltd

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