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Sunderland Seaside 12-Room B&B for Sale with £3K-£3.5K Weekly Turnover & Apartment Conversion Potential

Sunderland, Tyne and Wear
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  • Status

    FOR SALE

  • Date Submitted:

    06/04/23

  • Advert ID

    511332

  • Reference

    588869 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £749,950
  • Turnover: £169,000 (£3,250 Per week)
  • Net Profit: Not Applicable

Business Details

Guest Houses and B&Bs For Sale in Sunderland

GUEST HOUSE / B&B in Seaburn, Sunderland for Sale.

This is a wonderful opportunity to acquire this charming B&B with 12 letting rooms which is immaculately presented and really must be seen to be appreciated. The business is operated by our client and a team of staff and presents fantastic potential for full time working owners to save on wages and generate an increased net profit. Sale due to ill health. Weekly turnover £3,000 to £3,500. The property occupies a prime position facing the sea in this charming seaside resort and north-eastern suburb of Sunderland with its own ten space car park plus ample roadside parking, our clients have invested significantly in the property with many of the rooms having been refurbished to a high standard.

The freehold property is arranged over three floors and comprises ground floor owners lounge and office, bedroom and en-suite - potential to convert this into a residents guest lounge and introduce a bar (due to our client’s religion, no alcohol is served). Breakfast dining room seating 24 in comfort, leading to a patioed area providing an additional 12 to 16 covers. Kitchen and food prep area and store room. Our clients only offer bed and breakfast but there is additional scope to introduce lunches and evening meals both for residents and the general public.

The annexe provides four guest rooms as follows:
BEDROOM 1 (sea view), built-in wardrobes, radiator, en-suite with vanity wash hand basin, low level WC, tiled shower cubicle, extractor fan and radiator.
BEDROOM 2, built-in wardrobes, radiator, en-suite with vanity wash hand basin, low level WC, tiled shower cubicle, extractor fan and radiator.
BEDROOM 3, built-in wardrobes, radiator, en-suite with vanity wash hand basin, low level WC, tiled shower cubicle, tiled floor, extractor fan and radiator.
BEDROOM 4, radiator, en-suite with vanity wash hand basin, low level WC, tiled shower cubicle, tiled floor, extractor fan and radiator.

First floor of the main building provides access to an additional five guest rooms as follows:
BEDROOM 5, radiator, en-suite with shower enclosure with rainfall shower and separate handheld shower, vanity wash hand basin with mixer tap, low level WC, heated towel rail.
BEDROOM 6, radiator, en-suite with tiled shower enclosure with rainfall type shower, vanity wash hand basin with mixer tap, low level WC, extractor fan, heated towel rail.
BEDROOM 7 (sea view), built-in wardrobes, radiator, en-suite with luxury fittings.
BEDROOM 8 (sea view), fitted wardrobes, radiator, en-suite with vanity wash hand basin, low level WC, tiled shower cubicle, extractor fan, tiled walls and floor, extractor fan, outstanding sea aspect.
BEDROOM 9, radiator, en-suite with tiled shower enclosure, vanity wash basin, low level WC, tiled walls, tiled floor.

Staircase to second floor provides access to the additional guest rooms as follows:
BEDROOM 10A, radiator.
BEDROOM 10B, radiator.
SHARED SHOWER ROOM (10A & 10B), wash hand basin with cupboard under, low level WC, separate shower cubicle, extractor fan and radiator.
BEDROOM 11 (sea view), radiator, en-suite with pedestal hand basin, low level WC, separate tiled shower cubicle, original extractor fan and spotlights.
BEDROOM 12 (sea view), built in wardrobe, radiator, en-suite with vanity wash hand basin, low level WC, separate tiled shower cubicle, tiled floor, tiled walls, extractor fan and outstanding sea aspect.

The rooms can be reconfigured between doubles and twins to suit resident booking requirements. Whilst the business trades as a guest house enjoying a wonderful reputation, the property may also be of interest to developers for conversion to apartments and our clients have already made provisional enquiries with the Local Planning Authority regards conversion to six / seven apartments.
EPC Band C.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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