Well Established And Successful 8 Letting Room Guest House | | Undisclosed Norfolk | | WELL ESTABLISHED AND SUCCESSFUL 8 LETTING ROOM GUEST HOUSE WITH OUTSTANDING ON-SITE SEPARATE OWNERS COTTAGE & EXTERNAL OFFICE BUILDING Projected in current year £105,000pa turnover excluding VAT with growth potential from nearly 3,000 visits per year | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54789
ADVERT IMPRESSIONS : 15,751 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £799,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | WELL ESTABLISHED AND SUCCESSFUL 8 LETTING ROOM GUEST HOUSE
WITH OUTSTANDING ON-SITE SEPARATE OWNERS COTTAGE & EXTERNAL OFFICE BUILDING
Projected in current year £105,000pa turnover excluding VAT with growth potential from nearly 3,000 visits per year
All year round trade particularly from bird watchers, walkers, regular visitors and weekenders
Situated in the heart of North Norfolk in the coastal town of Wells-next-the-Sea
Early viewing highly recommended
4 star VB accreditation
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this superb and well-established, 8 letting room guest house which was taken over by our client in 2005. During which time it has been refurbished and updated, resulting in a significant increase in business. Our client informs us that the current turnover is projected in the current year to be £105,000 pa at a gross margin of 90% this is derived from offering bed & breakfast to the visitors that visit the region on throughout the year, and very occasionally letting the guest house (as a whole house let) to larger self catering groups/families (such as Easter, Christmas & New Year). This is another advantage of the separate on-site owner’s accommodation, allowing time off but still letting all the rooms together. The guest house is currently rated as a 4 star establishment by the tourist board and this accreditation has been renewed recently. The business enjoys a strong reputation for comfort and quality and therefore receives high levels of repeat bookings from its walking, bird watching and North Norfolk loving visitors. Meridian Business Sales recommend early viewing on this business to fully appreciate the quality and scope for growth it offers to the new owners. | | | | | | FOR SALE | | | | | REFERENCE: | 1887 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
