Established 9 Letting Room Guest House In Chester | | Chester Cheshire | | Guest House, Chester, Cheshire T/O: £100,000 GP: 85% Scope to increase turnover Well-equipped Loyal customer base 9-letting rooms Large owners' accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 60361
ADVERT IMPRESSIONS : 15,325 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £1,199,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Kings Guest House occupies substantial premises ideally located in a prime position close to the River Dee in Chester, Cheshire. The business benefits from ample private parking and is surrounded by a large residential area. The premises boast easy access to the A-road network and there are regular buses running through the area. The city centre is within easy walking distance and the railway station is less than 2 miles away. Chester is a popular tourist destination and boasts many amenities and attractions including Chester Zoo, Chester Racecourse and the city walls. The M53 motorway is approximately 4 miles away and Liverpool is less than 20 miles to the north.
Business History
Preferred Commercial is delighted to offer for sale this popular guest house, which was established in 1970 and has been in our clients' careful hands since 2001. The business is only now offered to the market due to our clients' wish to retire. The business has an excellent reputation and receives much repeat trade and word of mouth recommendations. The guest house has been given a 4.5 star rating on Trip Advisor by its previous guests. The business is well-equipped to suit the trade with 9-letting rooms all recently refurbished and with en-suite bathrooms and a 2-bedroom self-contained cottage to rear, which is currently let. The premises boast spacious 2-bedroom owners' accommodation with lounge, kitchen, study and private parking facilities. There is a quality web site in place with on-line booking facilities. The business generates a turnover in the region of £100,000 with a gross profit of 85%. We feel this could be further increased by offering restaurant services. The new owner could, if desired, establish a simple marketing campaign to generate more business. This is an ideal opportunity to acquire an already popular guest house with spacious 2-bedroom owner's accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended
Financial Details
T/O: £100,000 approx.
GP 85%
Accommodation Details
Substantial guest house premises with self-contained 2-bedroom cottage to rear. Briefly comprising:
Ground Floor
• Spacious lounge
• Large dining room with tables and chairs to suit
• Kitchen with fitted units
Letting Rooms
To First and Second Floors - all with en-suite facilities
• Room 1: Double bed and single bed
• Room 2: Double bedroom
• Room 3: Family room with double bed and 3 x single beds
• Room 4: Double bed
• Room 5: Single bed
• Room 6: Family room with double bed and 2 x single beds
• Room 7: Double bed and single bed
• Room 8: Double bed and single bed
• Room 9: Double bedroom
Owners' Accommodation
• Large double bedroom with extensive fitted wardrobes and en-suite bathroom with Jacuzzi bath and shower, WC and wash hand basin
• Spacious lounge with feature fireplace
• Modern kitchen with fitted units
• Bedroom/study area
• Cloakroom with seperate WC and wash hand basin
External
• Self-contained 2-bedroom cottage with en-suite bathroom, currently on long term let
• Private parking to front
• Large garden to rear
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2293 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
