4 Star Bed And Breakfast In Shropshire | | Bridgnorth Shropshire | | Bed and Breakfast Bridgnorth, Shropshire T/O: £68,000 GP: 90% Scope to increase turnover Loyal customer base Established business Town center location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61217
ADVERT IMPRESSIONS : 13,658 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Bed & Breakfast | | SALE: | Agent Sale | FREEHOLD: | £799,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Severn Arms Hotel occupies substantial multi-storey premises ideally located on the busy main road leading into Bridgnorth, Shropshire. The business benefits from being close to the town's amenities and is also surrounded by a variety of complementary shops and businesses. The business boasts easy access to the A-road network and the cliff railway, which travels into the town centre. Bridgnorth is a popular tourist destination that lies approximately 12 miles south of Telford and less than 16 miles from Dudley. The M5 Motorway is less than 20 miles to the east and Birmingham lies 25 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy grade 2 listed bed and breakfast premises, which was established in 1960 and has been in our clients' careful hands since 2005. The business is only now offered to the market due to our client's wish to retire. The premises are well-equipped to suit the trade with a large reception area, breakfast room, bar/lounge area and 10-letting rooms. The business benefits from an excellent reputation and holds a 4 star rating with VisitEngland.com. The bed and breakfast has a loyal customer base and enjoys much repeat trade and word of mouth recommendations. There is a high footfall of passing trade from passengers of the railway and from being situated on one of the main roads into the town centre. The premises boast 1-bedroom owners' accommodation with lounge, office and bathroom. The business is currently run at a pace to suit our clients and generates a turnover in the region of £68,000 per annum with a gross profit of 90%. We feel this could be further increased by applying for a general public alcohol licence. This is an ideal opportunity to acquire an already busy bed and breakfast with 1-bedroom owners' accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £68,000 approx.
GP: 90%
Opening Hours
All year round
Accommodation Details
Substantial grade 2 listed bed and breakfast premises. Briefly comprising:
Ground Floor
• Reception area with original Georgian staircase
• Breakfast room with 6 x tables with seating for up to 22 covers
• Bar/lounge with wooden bar with 2 points of dispense and optics display
• Commercial kitchen with stainless steel worktops, 6-burner range, grill, double sink unit, coffee machine, dishwasher, refrigerator and freezer
First Floor
• Bathroom with shower, WC and wash hand basin
• Room 1: Single bedroom with wash hand basin
• Room 2: Single bedroom with wash hand basin
• Room 3: Double bedroom with en-suite bathroom with shower, WC and wash hand basin
• Room 5: Double bedroom with en-suite bathroom with shower, WC and wash hand basin
• Room 6: Double bedroom with en-suite bathroom with shower, WC and wash hand basin
Second Floor
• Bathroom with shower, WC and wash hand basin
• Room 7: Double bedroom with view over river
• Room 8: Double bedroom with view over river, en-suite bathroom with shower, WC with wash hand basin
• Room 10: Family room with double and 2 x single beds, en-suite bathroom with bath, shower, WC and wash hand basin
• Room 11: Twin bedroom
Cellar
• Room 9: Owners' double bedroom, lounge, office, bathroom with shower, WC, wash hand basin and store room
• Laundry room, heavy domestic washer and dryer
• Cellar with cooler
Annexe
Briefly comprising:
Ground Floor
• Large store room with WC and wash hand basin
First Floor
• Room 4: Double bedroom with en-suite bathroom with shower, WC and wash hand basin
External
• Enclosed courtyard to rear with tables and chairs for up to 20 covers
• Garden can be accessed from stoneway steps
Tenure
Advised freehold
| | | | | | FOR SALE | | | | | REFERENCE: | 2318 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
