Hotels and Motels for sale in Gainsborough

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Hotel & Guest Houses

Gainsborough, Lincolnshire, England

  • Freehold Price: £500,000  Price Reduced arrow_drop_down
  • Annual Turnover: £65,000
Seller Reference: 583540
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Business Description
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Seller Reference: 583540
Request Details
Business Description

An outstanding guest house situated in this commanding trading position within this bustling market town near to an upmarket shopping and leisure centre. Ideally situated within easy reach of the popular city of Lincoln, Scunthorpe and Retford. The premises have undergone major refurbishment with no expense spared. Our client sadly runs the guest house on his own and does not do breakfasts or take guests on weekends. The potential here is unlimited and only needs younger, enthusiastic owners to take this to the next level. Annual Turnove £65,000. The whole property is immaculate here – VIEWING IS A MUST, HIGHLY RECOMMENDED. The detached freehold premises are split into two semi detached properties: Left Wing:- Ground Floor reception hall leading to the owners suite, lovely spacious lounge with French windows leading out to the landscaped gardens and patio, superbly fitted breakfast kitchen, utility room, shower room, toilet and wash hand basin. Large double bedroom with bay window. First Floor guest fitted kitchen, guest dining room, Room 4 (a double room with two single beds), Room 6 (family room with double bed and two single beds, this room can be linked to Room 4 via an adjoining door for larger families). Second Floor Room 7 (a double room with two single beds), Room 8 (a double room with a single bed), Room 9 (a triple room with three single beds), Room 9 (a triple room with three single beds). This property also has solar panels generating an income of £1,800 to £2,000 a year and free electric through the day. Right Wing:- Ground Floor Room 11 (family room with a double and a single bed), Room 12 (disabled room with three single beds and walk in wet room). First Floor Room 13 (triple bedroom with three single beds), Room 14 (double bedroom with two single beds), Room 15 (triple room with three single beds). Second Floor Room 16 (double room with a double bed), Room 17 (double bedroom with a double bed), Room 18 (triple room with three single beds). All rooms here are en-suite and with TV’s and the premises enjoy the benefit of a gas central heating system and UPVC double glazed units. Extensive gardens and grounds. Also included within the sale behind the property is land with 17 single garages and two double garages which are all let and returning approximately 15,000 per annum. Owners large triple garage / workshop. EPC Band C.
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