Guest Houses for sale in Norfolk

View the "FREEHOLD GUEST HOUSE IN WELLS NEXT TO SEA, NORFOLK" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I had an offer for my Cafe Bistro business within 4 days of the advertisement going live on Daltons. 

Beverley Iles (September 2016)
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Freehold Price: £880,000 Under Offer
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Business Description
Wells next the Sea is a popular holiday destination for families in the summer. Older couples and groups, predominantly birdwatchers, cyclists and walkers come throughout the year either as couples or as part of one of the many large and small parties that come to Wells. There is some commercial trade, mainly outside the summer season. The town has a thriving crab, lobster and whelk fishing port and is a popular 'ghilling' destination.

The town has a fine beach with a good number of beach huts adjoining Holkham beach which is widely regarded as one of the finest in the U.K. The town has a number of pubs, restaurants and cafés to support the visiting clientèle.

The Cobblers Guest House is ideally situated some 30 ft above sea level in the middle of the town and is 100 yards from the sea front and less than 300 yards from all the towns many and varied eateries. The Cobblers is an eight bedroomed property with a separate high specification two bed owners cottage in the garden. It has been trading for over thirty years and has built up an enviable reputation and attracts many repeat customers, who obviously enjoy its period appeal and ambience.

THE BUSINESS ITSELF This business presents many options for a new owner. Currently turning over in excess of 100k p.a. with the high G.P. you would expect from this type of business, there is much scope for growth. A working couple could dramatically improve the bottom line as the vendor employs staff. The layout of the property, with the separate owners accommodation, means that the entire property could be rented out for house parties, an option that is currently utilised at Xmas and New Year. Currently providing B & B only, there is scope to offer evening meals. Over the last few years the average has been around 3000 nights covering an eleven month period.

There is an online booking system and the domain name is included in the sale.

ACCOMMODATIONThe main house consists of eight letting bedrooms of which seven are en suite and the eighth has its own private bathroom opposite. Spread over three floors the rooms are of varying sizes. The property is thought to have been built through the wars and as a result the rooms and layout inevitably are of that era. It makes a very suitable guest house but is not suitable for a boutique hotel. On the ground floor is the breakfast room, sitting room, a conservatory and two bedrooms. All bedrooms and the sitting room have digital T.V's. The curtains throughout the property have recently been replaced. The carpets were replaced a few years ago. There are six double rooms (one of which can be three berth) and two singles. Five of the doubles have 'zip and link' to allow for conversion to twin bedded rooms. There are eight off street parking places. The property is currently rated four stars by Visit England and has a breakfast award. As stated earlier, there is a very good percentage of repeat customers and the property will be sold with good ongoing bookings.

The owners cottage was completely refurbished earlier this year and is ideal for either a couple or a couple with one other or a child. It has its own parking space and to the rear is a private decking area for relaxation. The flower beds have been converted into a kitchen garden and boasts a prolific mulberry and fig tree.

There is an insulated plastered garden office with electricity and a workshop – both some 10 x 12 ft. In addition there is a garden shed and a storage shed.

The fire alarm system is inspected every six months and the gas boiler is serviced annually.

Tenure: Freehold

Listed by: Everett Masson and Furby
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