Superb 4 Star Rated Guest House | | Birmingham West Midlands | | SUPERB 4 STAR RATED GUEST HOUSE Well presented detached 8 letting bedroom guest house Close to the NEC and Birmingham International Airport | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 41566
ADVERT IMPRESSIONS : 21,915 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Bed & Breakfast | | SALE: | Agent Sale | FREEHOLD: | £699,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB 4 STAR RATED GUEST HOUSE
Well presented detached 8 letting bedroom guest house
Close to the NEC and Birmingham International Airport
Early viewing recommended to fully appreciate
Turnover £59,000 pa with high gross margins
Ideal location in Marston Green Birmingham
Scope for further development
FREEHOLD
Location
This superb 4 star rated guest house is located in the affluent area of Marston Green in Birmingham. The detached property is located on a tree lined road with large frontage and parking. The business is ideally placed to take advantage of the National Exhibition Centre and the Birmingham International Airport both of which are only a few miles away. Also within 5 miles of the property is one of Birmingham’s larger industrial areas where blue chip named companies can be found all of which provide the area with large visitor numbers. Marston Green is an area that provides the people who live there a quality lifestyle with regards to shopping and recreational facilities plus fine period properties education and hospitals. Marston Green has close links to the larger suburb of Solihull and the historic city of Coventry whilst still being only 10 miles from the centre of the vibrant city of Birmingham. The surrounding area has strong road and rail links via the M6 and M42 motorways plus mainline rail from both Birmingham New Street and Coventry stations.
Business History
Meridian Business Sales are delighted to be able to offer to the market this superb 8 letting room 4 star rated guest house which has been in the careful hands of our clients since 1983. They only now wish to put the guest house onto the market due to their desire to take a well earned retirement. Since our clients purchased the business they have totally renovated the property both to the inside and the gardens to a very high standard, this has helped achieve the 4 star rating. The property is decorated to a high standard with taste and styles giving the business a hotel feel. The fixtures & fittings again are of a very high standard with attention to detail such as china cups and saucers in the rooms for tea and coffee purposes. Our clients over recent years have run the business at a pace to suit their lifestyle and inform us that the annual turnover could be far greater with a new hands on owner. The current turnover of the business is £59,000 pa with a high gross margin. This is derived from offering regular clients a warm and welcoming 4 star guest house experience. The business enjoys all year round trade due to its close proximity to both the NEC and Birmingham International Airport. Meridian Business Sales recommends early viewing to fully appreciate the quality and growth potential of the business.
Financial Profile
Turnover: £59,000pa
Gross profit: 85%
Tenure
We are advised freehold
Opening Hours
Trades all year round
Accommodation
Well presented and maintained 8 letting room detached property standing in large private grounds with double garage and a large open driveway briefly consisting of:-
GROUND FLOOR
Main entrance with UPVC porch leading to the front door and inner hallway.
Large hallway with quality carpet and original Oak panelling to the walls. Central staircase leading to first floor.
1 x Guest lounge with feature fireplace, quality furniture, decoration and carpet plus flat screen TV.
1 x Breakfast/dining room with UPVC windows to three sides and doors to the patio and garden. Wooden floor and a range of quality free standing furniture.
1 x Fully fitted kitchen with base and wall units, ceramic tilling to both wall and floor and fitted appliances to include hob, oven, dishwasher, fridge and door to the garden.
1 x Utility/laundry room with industrial washer and dryer.
1 x Storage room that could be converted to extra owner’s accommodation
2 x Double sized bedrooms off an inner hallway one with full en-suite.
1 x Bathroom with free standing roll top bath, sink and toilet exclusive use to one of the double letting bedrooms.
1 x Owners lounge with feature fireplace, quality carpet and decoration.
1 x Owner’s bedroom suite with quality carpet and decoration.
1 x En-suite wet room with Travertine stone tilling, shower, toilet and wash hand basin.
FIRST FLOOR
Large landing with quality carpet and decoration.
1 x Storage for linen and towels
1 x Boiler room
All rooms having quality carpets and decoration, linen, free standing furniture to include beds, wardrobes, flat screen TV’s, dressing tables and chairs plus en-suite bathrooms with shower.
1 x Twin room with full en-suite
1 x Twin room
1 x Twin room
1 x Double room
1 x Twin room
1 x Double room.
EXTERNAL
Large double garage with up and over doors.
Driveway with entrance and separate exit.
Tarmac and paved frontage with flower borders.
Large patio to the rear of the property.
Patio area with smoking shelter
Large lawned garden with mature shrubs and trees. | | | | | | FOR SALE | | | | | REFERENCE: | 2173 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
