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Freehold Guest House For Sale In Boston, Lincolnshire

Boston Lincolnshire
Guest House Lincolnshire T/O: £40,000 GP: 80% Well established and highly regarded business. Two detached properties with 8 letting rooms in total plus spacious owners accommodation. Huge potential to increase turnover further.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 10884
ADVERT IMPRESSIONS : 22,546 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Guest Houses
SALE: Agent Sale

FREEHOLD:

£525,000
 

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BUSINESS DETAILS:

Amberglobe is delighted to offer to the market this excellent bed and breakfast establishment, which was established by our client in 2001 and is only now being placed on the market due to his wish to retire. The business, which is run solely by a husband and wife partnership, generates an annual turnover in the region of £46,000 with a gross profit margin of 80%. It comprises of two detached properties and is currently run as a bed and breakfast offering excellent accommodation and stunning countryside veiws, with huge scope for further growth. The business enjoys high levels of repeat custom from tourists, contractors and walkers and due to its ideal location it is well placed to capture a high degree of passing trade. The flexibility of the two properties mean that a new owner can increase the number of letting rooms to further enhance the already impressive turnover. Early viewing is highly recommended to appreciate not only the quality, but the huge potential it has to offer.


PROPERTY DETAILS
Two brick built, 2 storey, detatched properties occupying a half an acre plot (B & B acre and owners' accommodation acre), briefly comprising:

GROUND FLOOR
Main bed and breakfast building
Main entrance leading to inner hall with linen closet
Dining room with 12 covers
Fully fitted modern kitchen
Double en-suite bedroom
Family room with en-suite facilities
Staircase leading to first floor landing

FIRST FLOOR
3 en-suite double/twin bedrooms
2 en-suite single bedrooms
All bedrooms are tastefully decorated and in excellent condition

BUILDING TWO GROUND FLOOR
Owner's accommodation
Main entrance leading to inner hall & staircase to first floor landing & hall
Fully fitted quality breakfast kitchen with appliances
En-suite double bedroom
Brick built conservatory with laminate floors and air conditioning
Self contained double/twin letting room with en-suite facilities and disabled access
Integral garage housing the boiler

FIRST FLOOR
2 double bedrooms with master en-suite
Office/ 3rd bedroom
Fully fitted family bathroom
Lounge/dining area (approx 373sq ft) currently used as bedroom

EXTERNAL
Parking for 20 cars
Double garage
Patio area to the back of owner's house
Large enclosed garden to owner's house
Front lawns to bed and breakfast accommodation
Gravel driveway

FINANCIAL DETAIL
W/T: £885 approx
GP: 80%

OPENING HOURS
As required

TENURE
Freehold
   
  FOR SALE
   

REFERENCE:

10218 / RightBiz
   
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