Truly Outstanding Freehold Guest House North Yorkshire | | Richmond North Yorkshire | | TRULY OUTSTANDING FREEHOLD GUEST HOUSE - NORTH YORKSHIRE 6 en-suite letting rooms with owners' accommodation Annual turnover of £70,000 with good gross profits | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59785
ADVERT IMPRESSIONS : 20,766 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £699,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | TRULY OUTSTANDING FREEHOLD GUEST HOUSE - NORTH YORKSHIRE
6 en-suite letting rooms with owners' accommodation
Annual turnover of £70,000 with good gross profits
Highly sought after high footfall trading location
Popular and affluent market town of Richmond
Must be viewed to be appreciated
PRICE OPEN TO NEGOTIATION
Grade II listed Georgian property
AA 4 star rated accommodation
FREEHOLD
Location
This outstanding guest house is located on the main road that runs through the centre of Richmond in North Yorkshire. It is surrounded by complimentary commercial concerns which provide wonderful opportunities for passing trade, indeed the business is one of the first guest houses on entering the town which provides a wonderful high footfall trading location. Richmond known as 'The Gateway to the Dales' is a market town and civil parish on the River Swale in North Yorkshire, it is well known as a popular tourist destination it is particularly well known for its castle which attracts visitors from all over the country, other tourist attractions include the Georgian Theatre Royal. Richmond is also known as a popular stop on the coast to coast which attracts walkers throughout the year from all over the world. Richmond is reached easily via the A1608 and A6136, the A1 and A1M provide further access to the UK's wider motorway network.
Business History
Meridian Business Sales are delighted to offer to the market this outstanding freehold 6 letting room guest house which was established by our clients over 6 years ago. The only reason this wonderful opportunity is being made available is due to our client's desire to down size their business with a view towards retirement. Since establishing the business our clients have invested heavily on the premises to the point that they are now in full walk-in condition representing a true turnkey opportunity for any prospective purchaser. We are advised of an annual turnover of £69,300 with good gross profits which is derived solely from the letting of the business' stunning 4 star rated accommodation which provides the potential to increase upon an already very respectable turnover. The business is very much run at a pace to suit our client's lifestyle and they are very selective on which guests they agree to take primarily concentrating on repeat visitors. The business also has a beautifully presented 14 cover dining room which could also be used to offer an evening meal service which is currently not available. The introduction of a licensed bar would also be an option for any new owner. The business currently uses limited advertising and does not use any booking agents which again provides further scope to increase turnover as a more aggressive marketing strategy would be of benefit. Our client's have established a wonderful reputation and benefit from a high percentage of repeat and regular visitors with a very healthy forward order book in place. A superb website is also included in the sale price. This is a marvellous opportunity to purchase a thriving business with great scope for further development and as such early viewing is strongly recommended as this business is not to be missed.
Financial Profile
Turnover: £69,300pa
Stock approximately: £200
Tenure
We are advised freehold
Opening Hours
Trades all year round.
Accommodation
Stunning 3 storey end terrace Grade II listed Georgian property in a highly sought after trading location, briefly comprising:
Ground Floor - Secure entry leading to beautifully presented and spacious hallway with guest reception area leading to residents' lounge immaculate with feature lighting and fireplace, owners' private lounge again beautifully presented with feature lighting and fireplace and a 12-14 cover dining room with walk through access to a superb fitted kitchen. Toilet and stairway leading to first floor owners' private office and access to the courtyard.
First Floor
Guest suite 1 - Double bedroom with en-suite.
Guest suite 2 - King size bedroom with en-suite.
Guest suite 3 - King size bedroom with en-suite.
Stairway leads to second floor.
Second Floor
Guest suite 4 - Double bedroom with en-suite.
Owners' private accommodation
King size bedroom with en-suite, family bathroom and separate toilet.
External - Stunning decked and landscaped courtyard with 2 x self contained guest accommodation rooms, recently fully refurbished, ground floor twin bedroom with en-suite and first floor twin bedroom with en-suite. Storage shed and free parking to front of property.
Websites
www.richmondbedandbreakfast.co.uk
www.rosedalerichmond.co.uk
| | | | | | FOR SALE | | | | | REFERENCE: | 2547 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
