Superb Bed And Breakfast For Sale In Bridlington Town Centre | | Bridlington East Riding of Yorkshire | | A WELL ESTABLISHED AND POPULAR BED & BREAKFAST WITH AN EXCELLENT REPUTATION AND REGULAR AND REPEAT TRADE IN NEED OF SOME MINOR MODERNISATION | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 39979
ADVERT IMPRESSIONS : 25,011 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Bed & Breakfast | | SALE: | Agent Sale | FREEHOLD: | £244950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The current hotelier has owned the business for a number of years, however due to ill health Sandringham House is not run to its full
potential. This does not mean that it is not profitable as it clearly shows excellent profits.
Sandringham House just needs a little bit of TLC, a lick of paint here and there and some minor repairs to bring it up to date. It is
therefore an ideal investment for somebody with entrepreneurial flair and skills to modernise and reap the rewards.
This Bed & Breakfast has been established for a vast number of years, and has changed hands only a few times in its existence. Having a
total of 12 letting rooms, some of which are en suite and arranged in a variety of order, from singles, doubles to family rooms, the Bed &
Breakfast is a perfect size to be easily ran with low maintenance.
As it is situated in a prime location central to the town and its many attractions, the B&B receives large numbers of passing trade from
those tourists who visit and stay in the town without planning ahead, as well as having a large following of regular and repeat clients who
use the B&B on a annual and bi-annual basis.
Offering a very generous room rate in comparison with other B&B’s locally, the business is very competitive from between just £22.00 and
£25.00 per person per night. There is certainly scope to increase this over time.
With a good current annual turnover of over £37,000 (and this being achieved from a below average occupancy level), the business has
true potential to be truly booming.
In this industry the profit margins are high and the overheads are relatively low, which means Sandringham House would be best suited to
a couple who are looking for a new challenge.
There is huge scope for this business and it is anticipated with the right ideas the new owners would be able to increase revenue
significantly. Simply ways to achieved this would be modernise and appeal to a wider market, increase the number of letting rooms,
introduce themed rooms, increase occupancy levels, advertising investments, introducing evening meals and increase the price per person
per night (once modernised).
THIS IS A WONDERFUL RARE OPPORTUNITY TO PURCHASE THE FREEHOLD OF A EXCELLENT BED & BREAKFAST WITH HUGE POTENTIAL TO
DEVELOP WITH LITTLE MODERNISATIONS. | | | | | | FOR SALE | | | | | REFERENCE: | 0331 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
