Well Appointed Guest House For Sale In Prime Great Yarmouth Letting Location | | Great Yarmouth Norfolk | | This is a well presented guest house in a prime letting area of the town 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 : 59443
ADVERT IMPRESSIONS : 16,887 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Bed & Breakfast | | SALE: | Agent Sale | FREEHOLD: | £210,000 | | | | | | | | | | 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 Trafalgar Road which is one of the most popular letting areas of the town. It is just a short stroll to Wellington pier and the promenade which is the town’s premier tourist area known as the Golden Mile. It is also close to all amenities and the town’s main shopping centres.
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 13 years.
The property has been trading as a guest house for over 30 years during which time it has built up a regular client base.
All the rooms have freeview colour televisions, tea and coffee making facilities. Guests staying for three nights or more are treated to a complimentary bottle of wine on arrival.
Additional income is generated through ‘walk-ins’ and long stay contractors during the winter season.
GROWTH POTENTIAL
There is genuine scope to increase turnover through the re-introduction of evening meals which the vendor used to provide.
There is also a fully fitted bar in the dining room and gaining a premises license and stewards license would not only increase turnover but would also enhance the facilities on offer.
STAFF
Owner plus one part time assistant for breakfasts and cleaning during the main holiday season.
SUMMARY
This is a well presented guest house in a prime letting area of the town 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: £23,600/annum
OPENING HOURS:
Year round trading, closed for two weeks in the winter.
PROPERTY DETAILS
A terraced property with the benefit of gas central heating, wired L2 fire detection system and emergency lighting.
Ground floor:
• Entrance hall with reception desk accessible from the owner’s lounge.
• Dining room (16 covers) with bay window to front elevation.
• Bar area (currently not in use).
• Galley kitchen.
• Utility room.
• Rear entrance with access to owner’s parking bay.
Owner’s accommodation:
• Lounge with access to reception desk.
• Double bedroom.
• Bathroom with bath, shower and W.C.
Stairs to first floor:
• Bedroom 1 Double with wash hand basin.
• Bedroom 2 Family en-suite.
• Bedroom 3 Family en-suite.
• Bedroom 4 Double en-suite.
• Bedroom 5 Family en-suite.
• Toilet.
• Shower room.
Stairs to second floor
• Bedroom 7 Small double with wash hand basin.
• Bedroom 8 Small double with wash hand basin.
• Bedroom 9 Small double with wash hand basin.
• Toilet.
External
• Permit parking to front.
• Owner’s parking bay to rear.
TENURE: Freehold | | | | | | FOR SALE | | | | | REFERENCE: | 10923NR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
