6 Letting Bedroom Guest House |
| Mansfield Nottinghamshire |
| 6 LETTING BEDROOM GUEST HOUSE - NOTTINGHAMSHIRE Well maintained & refurbished 6 bedroom property Quality location in the affluent town of Mansfield |
| BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 37371
ADVERT IMPRESSIONS : 24,353 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £249,000 | | | | | | | | | | Add this business advert to your: | | | | | | | |
| | | | | | | BUSINESS DETAILS: | 6 LETTING BEDROOM GUEST HOUSE - NOTTINGHAMSHIRE
Option to purchase neighbouring garage see Ref 2137
Well maintained & refurbished 6 bedroom property
Quality location in the affluent town of Mansfield
Early viewing highly recommended
Trading at a pace to suit our clients
High levels of repeat business
Scope for further development
Huge growth potential
FREEHOLD
Location
This superb 6 letting bedroom guest house is located on a main road close to the busy and affluent centre of Mansfield. The guest house is idealy placed on the edge of the town centre making this an ideal choice for both holiday makers, day trippers and traveling business professionals alike. Mansfield is a busy residential and industrial town with the cities of Nottingham and Derby just 10 miles away which always brings large numbers to the area which the guest house benefits from. The area has strong road links with the M1 motorway and A60 and A38 trunk roads that links Mansfield to both nearby Nottingham and Derby where mainline train stations can be found.
Business History
Meridian Business Sales are delighted to offer to the market this well established guest house which has been in the careful hands of our clients since 1977. They only now wish to offer the business to the market due to their desire to take a well earned retirement. Since our clients took over the business they have embarked on a full modernisation and refurbishment program culminating in a true walk-in and trade business opportunity. Our clients have advertised and promoted the business to a point where the repeat bookings make up for a large percentage of the current turnover. Our clients inform us that the current turnover is £30,000 pa with a gross margin of 85%. This is derived from offering a warm and friendly service in very pleasant surroundings. The business has over the recent years been run at a pace to suit our clients but they inform us that the demand is high and new hands on owner could quickly increase the turnover and the profits achieving a very good standard of living. Therefore Meridian Business Sales recommends early viewing to fully appreciate the quality and scope for growth of this business.
Financial Profile
Turnover: £30,000pa
Gross profit: 85%
Stock approximately: £500
Tenure
We are advised freehold
Opening Hours
Open all year round
Accommodation
Well presented and maintained detached 6 letting room bedroom brick and rendered guest house over two floors with mature grounds.
GROUND FLOOR
Main entrance leading to a large hall with staircase to the first floor. Large kitchen fully fitted with a range of quality base and wall units, newly fitted 6 burner range and stainless steel extraction unit. Large lounge.
Large dining room currently used for breakfasts fitted with a range of quality furniture
1 x large twin bedroom
Ground floor fully fitted utility room
Large dining/conservatory
Laundry room
Staircase leading to first floor
FIRST FLOOR
Large landing with quality carpet and decoration
1 x Family bathroom with three piece suite.
1 x Double room with sink (owners)
3 x Single rooms with sink, TV and tea & coffee facilities
2 x Double rooms
2 x Shower rooms
EXTERNAL
Large rear garden with patio lawn and mature shrub borders. 1 x Wendy house. | | | | | | FOR SALE | | | | | REFERENCE: | 2136 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | |
