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Related Ads > Essex Business for Sale > Freehold Guest Houses for Sale > Guest Houses in Frinton on Sea for Sale 

Guest House 7 Letting Rooms Frinton On Sea Essex

Frinton on Sea Essex
BEAUTIFUL LOCATION 2 MINUTES WAK TO SEA FRONT CLOSE TO STATION 7 LETTING BEDROOMS SAME HANDS 11 YEARS £30,000 TURNOVER EXCELLENT PARKING IDEAL FIRST BUSINESS LARGE GARDEN VARIOUS WEBSITES
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 59337
ADVERT IMPRESSIONS : 11,329 TIME(S)

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

ASKING PRICE:

£450000

FREEHOLD:

£450000
 

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BUSINESS DETAILS:

LOCATION:
Paviour Property Services are delighted to offer this extremely well established Guest House, situated in the most sought after Town of Frinton on Sea, Essex. The Guest house is situated in a delightful tree lined road and is literally two minutes walk from the seafront. In fact, one of the rooms has sea glimpses. In addition the Guest House is within easy walking distance of the Station and also the extremely popular Connaught Avenue Shopping Centre.

DESCRIPTION:
The Guest House has been cleverly divided by the current Vendors to enable them to have ample private accommodation. However, this accommodation could be utilised within the business if any prospective purchaser felt inclined.

ACCOMMODATION:
Entrance via double glazed porch leading to part glazed entrance door leading to entrance hall with stairs to first floor landing area, radiator, original coving to ceiling, picture rail, dado rail.

KITCHEN/ BREAKFAST ROOM – 20’ X 15’ max.
Well fitted to include base units with work tops over, wall units, double bowl stainless steel sink unit, new gas boiler for central heating and hot water system (this room is used for preparation and cooking of guest’s breakfasts).

STUDY/OFFICE – 11’ X 9’ approx.
Ideal family room with double glazed French doors leading to garden, window overlooking rear garden, radiator, coved ceiling.

CLOAKROOM:
With low level wc and wash hand basin, linen cupboard and shaver point.

LOUNGE – 15’ x 11’ approx.
French style doors leading to sun lounge, original coving to ceiling, picture rail, feature timber fire surround, radiator.

SUN LOUNGE – 16’ X 14’ approx.
Double glazed windows to side and rear overlooking garden, double glazed door leading to rear garden, radiator, fully tiled bar area.

ALL OF THE ABOVE ACCOMMODATION IS USED BY THE OWNERS

GUEST’S ACCOMMODATION:

DINING ROOM x 15’ approx.
Bay windows to both front and side aspects, comfortable seating for 10/12 covers, serving hatch to kitchen, original coving, tv point, radiator.

FIRST & SECOND FLOOR:
Eight bedrooms including large single room with en-suite shower room. Large single room with wash hand basin. Second large single room with wash hand basin. Bathroom for use of the two rooms without en-suites. Further separate low level wc. Twin room with en-suite shower room. Double room with en-suite shower room. Single room with wash hand basin. Family room with en-suite shower room.
A further double room is currently used by the owners.

OUTSIDE:
Very large rear garden of some 100’ x 40’ approx. Mainly laid to lawn with separate water garden withy pond and fountain, built-in BBQ area. The whole of the garden is un-overlooked.
In addition there is a double length garage which is currently used for storage, a further laundry room with plumbing for washing machine and tumble dryer and a workshop. The front garden is laid to lawn with parking to the side of the Guest House for 4/6 vehicles.

TURNOVER:
We are informed by the Vendors the current turnover is some £30,000 per annum. This figure is achieved working on a 65% occupancy rate. However, the Vendors have recently joined a new website which incorporates Experian.com, Lastminuterooms.com and Laterooms.com, and our Vendors are experiencing a good number of bookings from this site. The are, therefore, fully expectant for their turnover and occupancy rate to increase considerably this year.
Although we cannot say for certainty, we believe this Guest House is the only one of its kind within the seafront area of Frinton on Sea.

PRICE:
We are instructed by our Vendors to offer this most attractive Guest House for sale on a freehold basis at a price of £450,000 offer in excess, to include the goodwill of the business with a fixtures and fittings list to be provided.

AGENT’S NOTE:
It is without hesitation the Vendor’s Agents recommend an early inspection of this spacious Guest House. The business offers many possibilities. Before our Vendors took over this Guest House was licensed and could offer evening meals and alcoholic drinks. However, this licence has lapsed. We would suggest for Summer Holidaymakers evening meals or BBQ’s with a glass of wine would again increase the turnover quite considerably. Ideal business for wife, with excellent second income from husband retaining his job.

VIEWING:
By prior appointment with PPS on 01702 602888.

TERMS:
Each party, Vendor and Purchaser are responsible for their own legal fees. Each party, Vendor and Purchaser, are responsible to pay 50% each of the Landlords costs in assigning the lease.
   
  FOR SALE
   

REFERENCE:

GH/299 / RightBiz
   
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