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11-BEDROOM GUEST HOUSE IN CUMBRIA

BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 9,499 TIME(S)
BUSINESS REFERENCE : 1484 / RightBiz

 

 
T/O: £137,000 approx. 2 bedroom private cottage Close to shore of Lake Windermere

BUSINESS LOCATION:

Windermere Cumbria UNITED KINGDOM

BUSINESS SECTOR:

Leisure, pubs and hotels

TRADE TYPE:

Bed & Breakfast

SALE:

Agent Sale

LEASEHOLD:

£199000 +SAV

ANNUAL RENT:

£21000
   
 
   

BUSINESS DETAILS:

Location
Virginia Cottage is located in the heart of the popular Lakeland town of Bowness-on-Windermere. The guest house lies just 150 yards from the shore of Lake Windermere in a prominent elevated position. The business is close to all major attractions and is surrounded by numerous restaurants, shops and other amenities. Bowness-on-Windermere is one of the most popular towns with visitors and is easily accessible by rail and road, with the main A591 linking Windermere to the M6 motorway.

Business History
Preferred Commercial is delighted to offer this Lakeland guest house, which has been established in excess of 40 years and in the careful hands of our clients since 2002. The business is only now being offered to the market due to our clients' wish to buy a larger property. The guest house boasts 11 en-suite letting rooms and a separate spacious 2 bedroom cottage used as private accommodation. The business trades over 11 months of the year and boasts a turnover in the region of £137,000. The substantial property is maintained to a very high standard and has contemporary bathrooms throughout. Each room is individually styled and boasts TV and DVD players, CD player, refrigerator and complimentary tray. As well as a residents' lounge there is a cinema room for use by guests. We feel this represents a unique opportunity to acquire a leasehold guest house in such an idyllic location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £137,000 approx.

Opening Hours
December to October

Accommodation Details
Substantial period property with separate 2 bedroom private cottage. Briefly comprising:

Ground Floor
• Main entrance to hallway with reception desk
• Residents' lounge and lobby area
• Cinema room
• Private double bedroom with en-suite facilities and dressing area
• Additional front door/fire exit
• Room 12: Double with seating area and en-suite hydrotherapy shower, WC and wash basin
• Dining room with tables and chairs for 22 covers
• Store room
• Kitchen with a range of fitted wall and base units, 2 x 4-burner hobs and ovens and Bain Marie
• Office
• Utility room with double sink, worktops and rear exit door

First Floor
• Room 11: 4-poster double with seating area and en-suite corner bath with shower above, WC and wash basin
• Room 10: 4-poster double with seating area and en-suite shower, WC and wash basin
• Room 1: Double with en-suite shower, WC and wash basin
• Room 4: 4-poster double with seating area and en-suite double size bath, WC and wash basin
• Room 3: Double with en-suite hydrotherapy shower, WC and wash basin
• Room 2: Double with en-suite hydrotherapy shower, WC and wash basin

Second Floor
• Room 8: 4-poster double with seating area and en-suite shower, WC and wash basin
• Room 9: 4-poster double with seating area and en-suite spa bath, WC and wash basin
• Room 5: Double with seating area and en-suite hydrotherapy shower, WC and wash basin
• Suite 6: 4- poster double with seating area, private lounge and en-suite with spa bath and shower above, WC and wash basin

External
• Yard to rear with 2 outbuildings

Cottage
Private accommodation, 3 Crown Villas rented privately for £475 per calendar month. Available to rent by new owners if desired. Briefly comprising:

Ground floor
• Main entrance to hallway
• Lounge
• Dining room open to
• Kitchen with a range of fitted wall and base units
• Utility room

First floor
• Landing
• 2 x double bedrooms with built-in wardrobes
• Bathroom with bath and shower above, WC and wash basin
• Store cupboard

Tenure
Leasehold
Original length: 12 years
Remaining: until 2014 then a further 12 years
Review: every 3 years
Rent: £15,000 per annum
   
  FOR SALE
   

SELLER:

PREFERRED COMMERCIAL LTD

CONTACT:

08448 711 484

REFERENCE:

1484 / RightBiz

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