Superb Holiday Apartments With Sea Views | | Skegness Lincolnshire | | SUPERB HOLIDAY APARTMENTS WITH SEA VIEWS - LINCOLNSHIRE Well established business with high levels of repeat trade Located on the main seafront in Skegness | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 31268
ADVERT IMPRESSIONS : 22,437 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Holiday Flats & Apartments | | SALE: | Agent Sale | FREEHOLD: | £250,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB HOLIDAY APARTMENTS WITH SEA VIEWS - LINCOLNSHIRE
Well established business with high levels of repeat trade
Located on the main seafront in Skegness
£28,000 pa with huge growth potential
Early viewing highly recommended
Scope for further development
Owner's penthouse apartment
FREEHOLD
Location
These superb holiday apartments are located on a quiet tree lined street in the popular and thriving resort of Skegness in Lincolnshire. The properties position is ideal for all that Skegness has to offer being on the main road of the award winning seafront plus being close to the numerous resort attractions which include seafront theatre, crazy golf and many more.
A further 3 minutes walk is the centre of the town 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 be able to offer to the market these superb holiday apartments situated in a seafront location.
The business has been in the careful hands of our clients since 2002 and only now do they wish to put the business onto the market due to their strong desire to take a well earned retirement.
Since our clients took over the business they have embarked a full refurbishment program to all parts of the property and business culminating in a true walk-in and trade opportunity.
Our clients inform us that the current annual turnover is £28,000 with a gross margin of 85% this is derived from offering the holiday apartments to let through the summer season to tourists and contractors.
The business enjoys a strong reputation within the local community and tourists, and therefore has a high level of repeat business. Meridian Business Sales recommends early viewing so as to appreciate the quality and growth potential of this business.
Financial Profile
Turnover: £28,000pa
Gross profit: 85%
Tenure
We are advised freehold
Opening Hours
Hours to suit
Accommodation
Well presented and maintained Victorian 3 storey property, separated into seven quality apartments.
Impressive entrance with inner door to the hall.
Flat 1 - Bedsit lounge with pull down bed, kitchenette with base units and appliances plus en-suite shower room.
Flat 2 - 2x double bedrooms, 1x lounge with bed settee plus shower room with hand basin and toilet.
FIRST FLOOR - Flat 5 - 2x double bedrooms with hand basins, 1x large lounge with bed settee and pull down bed, kitchenette with base units and appliances plus a shower room.
Flat 6 - 1x hallway, 1x large lounge, 1x kitchenette with base units and appliances, 1x double bedroom with hand basin and a shower room with toilet.
SECOND FLOOR - Owners penthouse apartment - Large landing with UPVC skylight, 1x study with built in linen cupboard, 1x large lounge/dining room with a feature fireplace, two bay windows and sea views, 1x kitchen with base and wall units plus built in appliances, 3x bedrooms all double in size plus 1x fully fitted bathroom with 3 piece suite and shower over the bath.
ADDITIONAL FLOOR (Basement) - Flat 3 - 2x double bedrooms, 1x living room with pull down bed, 1x kitchenette with base units and appliances, shower room with cubicle plus toilet.
Flat 4 - 1x living room with pull down bed, 1x kitchenette with base units and appliances, 1x bedroom, 1x shower room with cubicle plus toilet.
EXTERNAL - Paved area to the front of the property, steps up to the main entrance, garage with up and over door, lockable outhouse and a concrete parking area. | | | | | | FOR SALE | | | | | REFERENCE: | 1995 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
