Delightful Bijou Guest House With Owners Accommodation | | Undisclosed Norfolk | | FREEHOLD DELIGHTFUL BIJOU GUEST HOUSE WITH OWNERS ACCOMMODATION Located in a wonderful coastal resort 8 lettings rooms with owners 3 bed accommodation AA 5 star rating - over 1 acre ground A/T: £146,000 Excellent potential for afternoon teas, weddings & C | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 55986
ADVERT IMPRESSIONS : 18,944 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Bed & Breakfast | | SALE: | Agent Sale | FREEHOLD: | £1,350,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | TO SEE A VIRTUAL TOUR OF THIS BUSINESS, PLEASE CLICK OR GO TO THE LINK BELOW.
http://brochures.i-spy360.com/refno9852nr_418/
LOCATION
Centrally positioned in the select village on the North Norfolk coast
Guest House is within a couple of minutes walk from the sea
The village is a centre for holiday makers and wildlife enthusiasts
Easy access for residents to the many local tourist attractions
HISTORY
Originally built in 1886 as an elegant residence
Still one of the largest houses in the village
Converted to a bijou guest house in 2003 at a cost of approximately £500,000
Tastefully decorated in French colonial style with 8 individual rooms
Loyal and discerning customer base established with high repeat rate
Excellent occupancy rates maintained
AA 5 Guest House rating
Recommended in Michelin Guide 2011
On going maintenance work as required with premises in excellent order
REASON FOR SALE
Vendors wish to retire and enjoy life in the delightful surroundings of North Norfolk
SERVICES
Bed and breakfast accommodation for individuals, couples and groups
Evening meals can be arranged with prior arrangement
Advice and guidance offered on all aspects of a relaxing break in Norfolk
CUSTOMERS
Predominantly personal customer base
Mixed age range
Mainly middle and upper income demographic
High repeat rate at 30% and with 90% occupancy average from May to October inclusive
Seasonal but steady of trade over the winter, especially over Christmas and the New Year
Discerning
Many have an interest in wildlife and walking
SUPPLIERS
Consumables sourced from a wide variety of trade suppliers
STAFF
Run by vendor plus 2 staff with occasional assistance from family members
Could be ideal for husband and wife team
TRADING HOURS
As customer demands dictate
FINANCIALS
Turnover after deduction of VAT
2010 £145,726
2009 £133,495
Net profit for working couple is very substantial
Room rates vary from £70 to £140 per room per night, bed and breakfast, depending upon room and season
OVERHEADS
Staff £41,014
Rates £4,103
Gas/Electric £5,178
PREMISES
A wonderfully presented Victorian residence, with 8 letting rooms tastefully decorated in French colonial style, owners accommodation, and set in over an acre of ground
Ample car parking for owners and guests
Delightful grounds with entrance to front and rear
Entrance hall
8 individually designed guest rooms (7 en suite) on two upper floors
Guests breakfast room with capacity for 16 covers
Fully equipped domestic kitchen with central breakfast bar, electric Aga, and potential for commercial catering
Oil fired burner
Duovac Central Vacuum System
Utility room with 3 commercial washing machines and Aquaflow commercial water heating system
Owners accommodation with 3 double bedrooms and private sitting room and conservatory
Basement area with office and 3 accumulator tanks for hot water
STRENGTHS
Superbly presented and maintained bijou guest house
Prominent position within the village
Very close to the seafront
Tastefully decorated throughout
Established repeat customer base
Affords the potential for an excellent quality of life on the North Norfolk coast
Superb financial performance
Large garden
AA 5 star Guest House Rating
Excellent website ensuring constant flow of enquiries
SCOPE
Currently run to suit the lifestyle of the vendor
Afternoon teas during the summer
Weddings
Development of restaurant
Alcohol license
Use of private conservatory for commercial purposes
Development of business trade
Development of a meeting/conference room
Business development activity
Further tie ins with other establishments in the village
TENURE
Freehold
Rates £4,103 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9852NR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
