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Established Guest House In Lincolnshire

Skegness Lincolnshire
8-9 Bed Guest House Skegness, Lincolnshire T/O: £30,000 GP: 85% Scope to develop further Ideally located Well presented premises
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 51245
ADVERT IMPRESSIONS : 19,583 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Bed & Breakfast
SALE: Agent Sale

FREEHOLD:

£259,950
 

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BUSINESS DETAILS:

Location
The Kentmere Guest House is ideally located on Drummond Road, which runs parallel to the seafront road in the popular resort of Skegness in Lincolnshire. The business is surrounded by other hotels and guest houses and lies just a short walk from the resort's wide sandy beach. The Kentmere lies less than a mile from the railway station and there is easy road access. Skegness is one of the most popular seaside resorts on the east coast and boasts a wide range of amenities, such as Gibraltar Point, a wildlife reserve, seal sanctuary, a pleasure beach and theatre.

Business History
Preferred Commercial is delighted to offer for sale this popular 8/9 en-suite letting room guest house, which was established in 1960 and which has been in our client's careful hands since 2001. The business is only now being placed on the market due to our client's wish to retire. The guest house offers 2/3 bedroom owners' accommodation with separate private lounge and bathroom. At present, the business generates a turnover in the region of £30,000 per annum with a gross profit of 85%. There is scope for a new owner to increase turnover, by perhaps, offering lunches and evening meals. The premises are maintained and presented to a high standard throughout. The Kentmere benefits from a quality web site, which could be developed further to offer e-booking facilities. We feel this represents an ideal opportunity to acquire a thriving and popular seaside guest house. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £30,000 approx.
GP: 85%

Opening Hours
All year round

Accommodation Details
Substantial guest house premises situated on the popular Drummond Road. Briefly comprising:

Ground Floor
• Main entrance and hallway
• Guest lounge with seating, coffee table and TV
• Room 1: Twin room with en-suite wet room, suitable for disabled guests
• Breakfast room laid out for 20 covers
• Laundry room with washing machine and tumble dryer
• Kitchen, well fitted and equipped with central work surface, water urn, 2 x stainless steel sinks, fryer, dishwasher, refrigerator, hand-wash basin, 2 x cookers, microwave oven, fridge/freezer and 2 x toasters
• Private lounge
• Private bedroom
• Private bathroom

First Floor
• Room 5: Family room with double and 2 x single beds, TV, tea and coffee making facilities and en-suite facilities
• Room 4: Double room with TV, tea and coffee making facilities and en-suite facilities
• WC
• Linen cupboard
• Room 3: Double room with TV, tea and coffee making facilities and en-suite facilities
• Room 2: Double room with TV, tea and coffee making facilities and en-suite facilities
• Room 2a: Twin room with TV, tea and coffee making facilities and en-suite facilities
• Private double bedroom

Second Floor
• Room 8: Family room with double bed, single bed, bunk beds, travel cot, TV, tea and coffee making facilities and en-suite facilities
• Room 7: Double room with TV, tea and coffee making facilities and en-suite facilities
• Room 6: Family room with double bed, single bed, TV, tea and coffee making facilities and en-suite facilities

External
• Yard area to rear
• Car port
• Shed

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

1866 / RightBiz
   
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