Guest Houses for sale in Lincolnshire

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Seven Letting Room Guest House In Skegness For Sale

Lincolnshire, England

  • Price: £249,000
  • Annual Turnover: £5,000
Seller Reference: 3119
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 3119
Request Details
Business Description
7 LETTING ROOM GUEST HOUSE - LINCOLNSHIRE
Early viewing essential to fully appreciate
Situated in the tourist resort of Skegness
Advised annual turnover of £5,000
Scope for further development
1 bedroom owners' apartment
Genuine reason for sale
In need of modernising
FREEHOLD

Location
This superb bed & breakfast is located on a quiet tree lined street in the popular and thriving resort of Skegness in Lincolnshire. The guest houses position is ideal for all that Skegness has to offer being only minutes walk to the award winning seafront gardens plus the numerous resort attractions to include seafront theatre, crazy golf and many more. A further 3 minutes walk is the centre of Skegness where a wide variety of entertainment and shops can be found. The business is surrounded by a wealth of complimentary shops, hotels and guest houses all of which bring high tourist numbers to the resort. Skegness and the surrounding resorts and villages have strong road and rail links with mainline train station and the A52 and A158 trunk roads.

Business History
Meridian Business Sales are delighted to offer for sale this superb guest house which was established around 30 years ago and has been in the careful hands of our clients for the last 15 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 business 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 £5,000 which is derived from offering welcoming bed & breakfast services to all who wish to visit. 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 an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Accommodation
Well maintained 3 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to
Comfortable lounge area for guest
Dining room with ample tables and chairs for 14 covers
Guest bedroom 1 - Double room with en-suite
Toilet with wash basin

Owners' Apartment
Lounge
Dining room
Fully fitted kitchen
Double bedroom
Bathroom

FIRST FLOOR
Guest bedroom 2 - Twin room with en-suite
Guest bedroom 3 - Double room with en-suite
Guest bedroom 4 - Double room with en-suite
Guest bedroom 5 - Double room with en-suite

SECOND FLOOR
Guest bedroom 6 - Double room with en-suite
Guest bedroom 7 - Double room with en-suite

EXTERNAL
Parking for up to 7 vehicles
Rear paved garden area with shed

Property information
Property:
Freehold

Listed by:
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