Established Guest House In Derbyshire | | Castle Donington Derbyshire | | Guest House Castle Donington, Derbyshire T/O: £71,000 Scope to increase turnover Loyal customer base Prime location High footfall Well-equipped 1-bedroom owners' accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61881
ADVERT IMPRESSIONS : 9,311 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £695,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Morton Guest House occupies substantial premises, ideally located in the town centre of Castle Donington, Derbyshire. The premises benefit from ample private parking and are close to the town's amenities. There are regular buses running through the area and the railway station is approximately 5 miles away. The business boasts easy access to the A-road network and the M1 motorway is less than 3 miles away. Castle Donington is a small rural town surrounded by many golf courses and is home to Donington Park Race Course and East Midlands Airport is just a short distance away. Derby lies approximately 9 miles away and Nottingham is less than 13 miles away.
Business History
Preferred Commercial is delighted to offer for sale this popular guest house, which was established in 1980 and has been in our clients' careful hands since 2008. The business is only now offered to the market due to our clients' wish to relocate. The premises are well-equipped to suit the trade with 11-letting rooms, all finished to a high standard and including Wi-Fi, Freeview TVs and tea and coffee facilities. The business benefits from an excellent reputation and enjoys much repeat trade and word of mouth recommendations. The premises boast 1-bedroom owners' accommodation with lounge, office and en-suite bathroom. The business benefits from a high footfall from the town and passing trade from the airport. Our client currently offers a small range of food, makes fresh bread and produces honey for guests. The guest house benefits from its own website which has online booking facilities. The business trades all year round but our client keeps income under the current VAT threshold and generates a turnover in the region of £71,000 per annum. We feel turnover could be increased by running the guest house at full capacity, extending the range of food available and offering a lunch time and evening menu. The guest house is offered in a walk-in and-trade condition. The business benefits from a wide range of custom including, East Midlands Airport, Donington Race Track, three local wedding venues, several universities, three large and growing business parks, Alton Towers and passing tourist trade. The business has unusual stability as proven in this poor economic climate. This is an ideal opportunity to acquire an already popular guest house with 1-bedroom owners' accommodation and tremendous scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £71,000 approx.
Opening Hours
All year round
Accommodation Details
Substantial guest house premises with private parking and in a town centre location. Briefly comprising:
Ground Floor
• Entrance hallway
• Breakfast room with 3 x tables with chairs for up to 12 covers and feature fireplace
• Room 11: Family bedroom with double bed, bunk bed, en-suite walk-in wet room, WC and wash hand basin, fitted out with handrails and adjustments to suit disabled guests
• Kitchen with a range of fitted units, 5-burner gas hob, electric oven and 2 x refrigerators,
• Owners' lounge/office area
• Owners' double bedroom with shower, WC and wash hand basin
First Floor
• Bathroom with bath, bidet, shower, WC and wash hand basin. Primarily for the use of the second floor rooms
• Room 1: Recently refurbished double bedroom with storage unit, fold down table/work station, en-suite shower room with WC and wash hand basin
• Room 2: Double bedroom with en-suite shower room with WC and wash hand basin
• Room 3: Recently refurbished double bedroom, fold down table/work station and en-suite shower room with WC and wash hand basin
• Room 4: Twin bedroom with en-suite shower and wash hand basin
• Room 5: Double bedroom with wash hand basin
• Shower room with WC, primarily for the use of rooms 4 and 5
Second Floor
• Room 6: Double or twin bedroom with wash hand basin. This room has zip and link beds so can be either double or twin
• Room 7: Double or twin bedroom with wash hand basin. This room has zip and link beds so can be either double or twin
• Room 8: Twin bedroom with wash hand basin
Cellar
• Currently used as storage
Self Contained Building
Accessed from rear garden
• Room 9: Recently refurbished double or twin room with en-suite shower, WC and wash hand basin. This room has zip and link beds so can be either double or twin
• Room 10: Recently refurbished double bedroom with en-suite shower, WC and wash hand basin
External
• Rear car park with spaces for up to 6 vehicles
• Shed
• Access to owner's accommodation
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2382 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
