Superbly Appointed 5 Letting Room Guest House | | Lincoln Lincolnshire | | SUPERBLY APPOINTED 5 LETTING ROOM GUEST HOUSE - LINCOLNSHIRE Prime position just off the city centre of historic Lincoln £32,306 pa turnover with massive growth potential | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 24896
ADVERT IMPRESSIONS : 24,074 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £250,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERBLY APPOINTED 5 LETTING ROOM GUEST HOUSE - LINCOLNSHIRE
Prime position just off the city centre of historic Lincoln
£32,306 pa turnover with massive growth potential
Early viewing highly recommended
Superbly finished guest house
Huge scope for growth
All rooms en-suite
FREEHOLD
Location
This superb 5 bedroom guest house is located in the historic Cathedral city of Lincoln. The property has a prime location on a quiet road in the centre of a large residential area just of the city centre.
The city is a tourist centre and those who come, do so to visit the numerous historic buildings including the Cathedral, the Castle, the Medievel Bishop's Palace and the specialist shops of Steep Hill and Bailgate.
Lincoln has good road and rail links with main line station and close to the motorway networks of the A1 and the A47 trunk road.
Business History
Meridian Business Sales are delighted to offer to the market this luxurious guest house which was established by our clients in 2006.
The only reason this excellent guest house is being offered to market is our clients desire to take a well earned retirement.
Since our clients took ownership of the business they have undertaken a full refurbishment program to the property to include all rooms, en-suites and communal areas to produce the end result of a stylish walk in and trade business.
Our clients inform us that the annual turnover currently runs at £32,306 which is derived from a mix of travelling business people and tourists for the many attractions of the city of Lincoln.
The business enjoys a high level of repeat business and this is mainly due to the quality of the stay plus our client's flexible attitude to the business.
This is a superb opportunity to purchase a quality lifestyle business that has been renovated to a very high standard and which offers new owners a premium business with massive scope for to develop further.
Financial Profile
Turnover: £32,306pa
Stock approx: £500
Tenure
We are advised freehold
Opening Hours
Hours to suit
Accommodation
Well presented and maintained mid terrace Victorian property over three floors under a pitched slate roof offering 5 letting rooms briefly comprising:-
GROUND FLOOR
Impressive entrance with original floor. Spacious hallway leading to stair access to all floors. To the front of the property is a dining/breakfast room with 12 covers
Owners double bedroom with en-suite facility
Large kitchen that has been fitted with a quality range of wall and floor units plus built in appliances
Utility room and toilet with again fitted units and tiled floor
Stair case leading to first floor
FIRST FLOOR - Large landing with storage cupboard for boiler and linen
1 x double/family room with en-suite, tea and coffee making facilities and a range of quality furniture
1 x double room with en-suite bath and shower, tea and coffee making facilities plus a quality range of furniture
Staircase to second floor
SECOND FLOOR - Large landing with storage room for cleaning materials and linen
1 x twin/double room with en-suite shower room, tea and coffee making facilities plus a range of quality furniture
1 x double room with en-suite shower room, tea and coffee making facilities plus a range of quality furniture
EXTERNAL - Small enclosed garden to the front of the property with on road parking. To the rear of the property is a courtyard garden with parking for one car.
| | | | | | FOR SALE | | | | | REFERENCE: | 1855 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
