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BUSINESS REFERENCE : 1379 / RightBiz EXCELLENT 4* 7 BED GUEST HOUSE - ULVERSTON | | | | | | Prime town centre location in the historic market town of Ulverston Turnover £45,000 per annum and very profitable 7 en-suite letting bedrooms with 2 bedroom owners accommodation Well established, well known and highly regarded business Property appointed and presented to a superb standard throughout Repeat custom built upon outstanding reputation First to view will buy Early viewing essential to fully appreciate FREEHOLD | | | BUSINESS LOCATION: | Undisclosed Cumbria UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £599,950 PLUS SAV | | | | | | | | | | | BUSINESS DETAILS: | Prime town centre location in the historic market town of Ulverston
Turnover £45,000 per annum and very profitable
7 en-suite letting bedrooms with 2 bedroom owners accommodation
Well established, well known and highly regarded business
Property appointed and presented to a superb standard throughout
Repeat custom built upon outstanding reputation
First to view will buy
Early viewing essential to fully appreciate
FREEHOLD
Location
This wonderful business opportunity enjoys a fantastic trading location on a main road in the centre of the town surrounded by a mix of residential and commercial property. Ulverston town centre with many great points of interest including its historic market is only a short walk away and is a haven for shopping & commercial business of all kinds. The town itself has held its market charter since King Edward I granted it in1280. The twice weekly markets, Thursday and Saturday, attract tremendous amounts of tourists from all over the country. With its abundance of traditional, friendly pubs, cafes and restaurants the town provides an excellent base from which to explore the region. With excellent road links to the entire South Lakes Peninsular (A590), the tourist 'hot-spots' of Lake Windermere in the Lake District National Park, Kendal and Lancaster are all a short drive away as is the M6 motorway giving access to the National motorway network.
Business History
Meridian Business Sales are delighted to offer for sale this well established, well known and highly regarded business that was founded over 30 years ago and has been in our clients careful ownership for the past 11 years. This superb opportunity is only now being offered to the market due to our clients' pending retirement. During our clients' tenure, considerable time and monies have been invested in the property to ensure that this beautiful Grade II listed mid terrace townhouse is in walk-in condition yet still retains many of its original period features. Boasting 7 letting rooms, all en-suite and appointed to a high standard, the business richly deserves the 4* Guest House Accreditation it has achieved. With a very large lounge and dining area, well equipped kitchen and separate bar room there is enormous potential for the introduction of evening meals and functions as our clients have chosen to operate it solely on a bed and breakfast basis. The spacious owners' accommodation consists of 2 well presented double bedrooms with private bathrooms, large lounge, office and kitchen. An ideal business venture we feel for those seeking a complete lifestyle change, who with the vision and energy can take the business to the next level. Rarely do such businesses come to the market in this desirable area and therefore early viewing is recommended.
Financial Profile
Turnover £44,556 pa
Gross profit £40,628 pa
Tenure
Freehold
Additional Info
Building was completely re-roofed 3 years ago, all sash windows have been modernised, and new fire detection and alarm system recently installed. The business has its own website www.ulverstonhotels.com
Accommodation
Substantial 5 storey Grade II listed mid terrace townhouse (c1760) with 7 en-suite letting rooms, briefly comprising:
LOWER GROUND FLOOR
2 Extensive cellars (both with front and rear accesses)
GROUND FLOOR
Entrance vestibule. Hallway with reception counter. Guests bar/lounge with a mix of loose and fixed seating. Large dining room with ample seating and many tables, 3 piece suite. Domestic-style kitchen with modern cupboards and work surfaces along with commercial grill, microwave, 2 fridges, freezer, coffee machine, 4 hob electric stove and oven (x2) and 2 dishwashers. Gents WC with ladies WC on landing between Ground and First floor.
FIRST FLOOR
Owners' accommodation of 2 double bedrooms, one with recently fitted 3-piece bathroom and shower and other en-suite. Large lounge adjoining to office and kitchen, store cupboard.
SECOND FLOOR
3 Single en-suite bedrooms, 1 Twin en-suite bedroom and 3 Double en-suite bedrooms. All rooms are equipped with colour TV and tea and coffee making facilities.
EXTERNAL
Yard to rear with 2 outhouses. One is a laundry with tumble dryer and washing machine, 2 fridges and freezer, the other is for storage. Lovely lawn and garden patio area. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1379 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
