Bed & Breakfasts for sale in Bangor

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Y. MacGregor (Nov 2017)
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Freehold Price: £445,000 Price Reduced
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Business Description
Early viewing essential to fully appreciate
Situated in the bustling city of Bangor
Advised annual turnover of £50,000
1 bedroom owners' accommodation
Scope for further development
Ideal partnership opportunity
Genuine reason for sale

Business History

Meridian Business Sales are delighted to offer for sale this superb guest house which has been established for over 20 years and has been in the careful hands of our clients for the last 6 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the guest house they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £50,000 which is derived from providing welcoming and well presented guest letting rooms as well as offering complimentary breakfasts. The guest house is extremely popular due to its’ location in the business district and its forward bookings run well into 2014. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended as this superb business is not to be missed.
Tenure: Freehold

Accommodation Details:
Well presented semi-detached property, briefly comprising: GROUND FLOOR Secure entrance leading to: Reception/welcoming area Dining room with ample dining tables & chairs for approximately 15 covers Guest Room - Family with en-suite Owners' Accommodation Fully fitted kitchen Office Storage room Double bedroom with en-suite Lounge FIRST FLOOR Guest Room - Single standard (Patio/veranda) Guest Room - Twin standard Guest Room - Twin standard Guest Room - Twin with en-suite Guest Room - Double with en-suite Guest Room - Family with en-suite Guest Room - Family with en-suite Storage area SECOND FLOOR Guest Room - Family with en-suite Guest Room - Double with en-suite EXTERNAL Parking to the front for approximately 3 vehicles Side & rear yard areas Patio/veranda on first floor

Location Details:
The business enjoys a highly sought after and ideal location in Bangor, North Wales. The railway station, city centre restaurants, pubs and shops are all just a few minutes walk. Bangor is a vibrant city, popular with visitors all year round, with excellent cycle routes, walks and sailing facilities near by that attract tourists from all over the world. The Snowdonia National Park is less than an hours drive away with the towns of Porthmadog, Caernarfon and Llandudno easily accessible on the A487 which leads to the main A55 duel carriageway providing North Wales with fantastic links to Chester and the M56 motorway

Listed by: Meridian Business Sales Limited

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