14 Letting Bedrooms (11 en suite)
Spacious 2 bed Owner’s Accommodation
Small Private Car Park + parking permits.
TripAdvisor ‘Certificate of Excellence’
The property is a Grade II Listed Georgian former gentleman’s residence which trades as a profitable bed and breakfast business and enjoys magnificent sea views from many of the rooms including the dining room. There is partial central heating from a new boiler and hot water tanks. New ‘eco’ electric heaters to the 2nd and 3rd floors for flexibility and economy.
A well established business which has been in the present hands since 2015 and has been run by two proprietors and part time staff. The business is that of a traditional bed and breakfast guest house and reviews by guests are well above average.
The business is well publicized and a good level of repeat trade is enjoyed.
The agents have inspected accounts for the year ended March 31st 2019 and a turnover of £108,218 ex vat, was achieved. The proprietors have endured some ill health and other family matters have shortened the trading year. The agents conservatively project that a turnover of approximately £140,000 could be taken in new hands. However, there is an outstanding opportunity to increase the turnover further through better marketing and additional investment to increase tariffs.
Price: Only 195,000 - FIXED PRICE - NO OFFERS – Realistically Priced for an early sale
Is accommodation included?:
New 60 Year Lease Available
Is this business home based: