Traditional Victorian Guest House For Sale In Great Yarmouth |
| Great Yarmouth Norfolk |
| This is a traditional Victorian guest house and one that we believe would appeal to anyone seeking a lifestyle business opportunity in a market that continues to prosper despite the problems with the recent credit crunch. |
| BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59344
ADVERT IMPRESSIONS : 16,251 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £210000 | | | | | | | | | | Add this business advert to your: | | | | | | | |
| | | | | | | BUSINESS DETAILS: | LOCATION
Great Yarmouth is at the centre of a major holiday area and is close to the picturesque Norfolk Broads. It also has a wide industry base, together with a busy port and a heliport that serves the offshore oil and gas industry.
The property is well located in Wellesley Road close to the sea front and the town centre. It is just a few minutes walk to Britannia pier which is the start of the town’s premier tourist area known as the Golden Mile.
BUSINESS HISTORY
Norfolk Business Sales is pleased to offer for sale this traditional guest house which our client is placing on the market in order to retire after running it for 14 years.
The business has been run at a pace to suit the owners for the last few years catering mainly for regular clients.
GROWTH POTENTIAL
There is genuine scope to increase turnover through the conversion of the letting rooms to full en-suite facilities. This would result in fewer letting rooms but it is possible to achieve a turnover in excess of £30,000 per annum with only five en-suite letting rooms.
There is also a fully fitted bar in the lounge and gaining a premises license and stewards license would not only increase turnover but would also enhance the facilities on offer.
STAFF
Owner run establishment.
SUMMARY
This is a traditional Victorian guest house and one that we believe would appeal to anyone seeking a lifestyle business opportunity in a market that continues to prosper despite the problems with the recent credit crunch.
Early viewing is highly recommended.
FINANCIAL DETAILS
T/O: Between £5k and £10k/annum.
OPENING HOURS:
Year round trading, closed for two weeks in the winter.
PROPERTY DETAILS
A mid terrace Victorian style guest house arranged over three floors with the benefit of double glazing throughout and gas central heating to ground and first floors.
Ground floor
• Entrance Hall.
• Guest Lounge/dining room (9.07m into bay x 4.3m).
Rear ground floor (Owner’s Accommodation)
• Lounge (4.73m x 3.64m).
• Kitchen (3.69m x 2.26m).
• Bedroom (3.64m x 3.05m).
Stairs to first floor
• Bedroom 1 Single with wash hand basin (2.98m x 2.06m).
• Bedroom 2 Double with wash hand basin (3.65m x 2.42m).
• Bedroom 3 Family room with wash hand basin (4.18m into bay x 4.13m).
• Bathroom.
• WC.
Stairs to second floor.
• Room 5 Single with wash hand basin (2.73m x 2.43m).
• Room 6 Family room with wash hand basin ((3.76m x 3.74m).
• Room 7 Double en-suite (4.11m x 3.40m).
• Room 8 Double with wash hand basin (2.94m x 2.44m).
TENURE: Freehold.
RATEABLE VALUE: £1,950
BUSINESS RATES: £415 per annum
COUNCIL TAX: Band A for owner’s accommodation. | | | | | | FOR SALE | | | | | REFERENCE: | 10922NR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | |
