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B&b / Guest House In Suffolk

Lowestoft Suffolk
T/O: £51,000 approx. 6-letting rooms Finished to a very high standard Ideal location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 43192
ADVERT IMPRESSIONS : 18,337 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Guest Houses
SALE: Agent Sale

FREEHOLD:

£540000 +SAV
 

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BUSINESS DETAILS:

Location
The Mill House is ideally located in a prominent position on Bridge Road, a few hundred yards from Oulton Broad, the southern gateway to the Broads National Park. Oulton Broad is a popular suburb of Lowestoft and lies approximately 2 miles from the town centre. Oulton Broad boasts many visitor attractions with a water sports centre and holiday village and is an ideal base from which to explore the Suffolk Heritage Coast. Bridge Road is the main shopping street in the town making all amenities within easy walking distance. Oulton Broad boasts easy accessibility with 2 railway stations and good road links.

Business History
Preferred Commercial is delighted to offer for sale this popular Four-Star Silver Accolade guest house, which was established by our client in 2000 and is only now being placed on the market due to other business interests. The business generates a turnover in the region of £51,000 per annum boasting a high percentage of repeat custom. Clients are made up of a mixture of tourists and business people. This 1850s property has been renovated, by our client, to a very high standard and a sympathetic extension has been added to create further letting rooms. The property sits in approximately a third of an acre of landscaped grounds and is only a few hundred yards from Oulton Broad. The Mill House Bed & Breakfast won the Best B&B 2009 in Tourism in Suffolk Award and has been silver and gold award winner of Lowestoft in Bloom. During 2010 the business has been expanded and now features the Jasmine Tea Rooms and a Holistic Therapy Centre which are available to both residents and the public. Holistic therapy treatments are available by apointment and supplied by a team of highly qualified specialists. We feel this represents an ideal opportunity to acquire a highly regarded and multi-faceted business in such an ideal location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £51,000 approx.

Opening Hours
Closed Christmas and 2 further weeks

Accommodation Details
Victorian Mill House recently renovated and with a sympathetic extension. Briefly comprising:

Ground Floor
• Jasmine tea room/Breakfast room with tables and chairs for 10 covers
• Private lounge and dining room with French windows to garden
• Private bedroom with en-suite bathroom and French windows to garden
• Private lounge and office (suitable for use as 2nd bedroom) with French windows to garden
• Large kitchen with Reyburn and granite work surround supplying gas-fired central heating to original building, 8-burner gas hob and double oven, dishwasher, microwave oven, 2 x sinks, 2 x fridge/freezers and a range of antique pine units
• Utility room with WC

Letting rooms:
• Daisy: Double room with en-suite facilities - currently utilised as Holistic Therapy Suite
• Rose: Single room with en-suite facilities and level access

First Floor
• Sunflower: Double bedroom with shared facilities
• Daffodil: Twin room with shared facilities
• Shower room with WC for the above rooms, normally let as a combination to families
• Meadow: Double room with en-suite facilities
• Lily Suite: family suite with double bedroom and annex with bunk beds and en-suite facilities

All letting rooms have TV, tea and coffee making facilities, toiletries, hair dryers and bathrobes. Free wireless broadband is available to all residents.

External
• Parking for 8 guests and 2 private cars
• Large mature gardens with a variety of garden furniture
• Old stables refurbished to provide twin carports and 2 workshops
• Summer house

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

1599 / RightBiz
   
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