Unique Guest House In Staffordshire | | Lichfield Staffordshire | | Popular Guest House, Lichfield, Staffordshire T/O: £27,000 GP: 90% Scope to increase turnover 6-letting rooms Owners' accommodation Planning permission approval Loyal customer base Popular tourist destination | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64444
ADVERT IMPRESSIONS : 8,676 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £470,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Copper's End Guest House occupies prominent detached premises, ideally located near the city centre of Lichfield, Staffordshire. The guest house is situated on the busy A461, close to the A5 and benefits from private parking. There are a variety of shops, businesses and amenities in the vicinity. The city centre, which lies a few minutes away, possesses a wide variety of shops and attractions and is also famous for its medieval cathedral. Lichfield is Staffordshire's premier heritage city with many tourist attractions including Drayton Manor Theme Park and the National Memorial Arboretum, and makes an ideal base for tourists wishing to explore the area. The business boasts easy access to the A-road network and the M6 motorway is within easy reach, while Birmingham International Airport and East Midlands Airport are within easy driving distance.
Business History
Preferred Commercial is pleased to offer for sale this popular guest house, which was established by our client in 1986 and which is only now being placed in the market due to a change in our client's circumstances. The 1930s built property, which was previously 'The Old Police Station', benefits from double glazing and central heating throughout and boasts 4-star rating. There are 6-letting rooms, a spacious resident's lounge, conservatory dining room, newly fitted kitchen and large attractive garden with a patio area. The business also offers owners' accommodation located on-site. The premises are well-equipped to suit the trade and are maintained to a high standard throughout. Our client has developed an excellent reputation and a loyal customer base by offering competitive rates and providing a relaxing and friendly atmosphere. Breakfasts are freshly cooked to order and all ingredients are sourced locally. There is a website in place, which provides information about facilities, location and contact details. The business trades at a pace to suit our client and generates a turnover in the region of £27,000 per annum with a gross profit of 90%. We feel that turnover could be increased by embarking on a modest marketing campaign and by expanding the website to include on-line booking. There is also scope to introduce morning coffee, afternoon tea and evening meals. Our client advises us that planning permission has been approved for further letting rooms. This is an ideal opportunity to acquire a unique guest house, situated in a popular tourist destination and which is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £27,000 approx.
GP: 90%
Opening Hours
All year round
Accommodation Details
1930s detached guest house premises, offering 6-letting rooms and owners' accommodation in a popular tourist destination. Briefly comprising:
Ground Floor
• Entrance porch and hallway
• Guest lounge with exposed beams and electric fire
• Room 1: Double room with en-suite shower and wash basin
• Owners' lounge with exposed beams and electric fire with access to bedroom
• Owners' double bedroom with fitted wardrobes, en-suite whirlpool bath, shower, WC and wash basin
• Dining room/conservatory with wooden tables and chairs
• Kitchen with a range of fitted units, tiled floor, gas hob and double electric oven
• Utility room with WC, wash basin, washing machine and dryer
• Room 6: Twin room with en-suite shower, WC and wash basin. Suitable for disabled use
First Floor
• Room 2: Twin room with built in wardrobes and wash basin
• Room 3: Double room with wash basin
• Room 4: Double room with en-suite bath and shower, WC and wash basin
• Bathroom with corner bath, wash basin, WC, shower and bidet
• Storeroom
Second Floor
• Room 5: Twin room with en-suite shower, WC and wash basin
All guest letting rooms have television, tea and coffee making facilities and free Wi-Fi.
External
• Large double garage to the side with store room
• External brick built store room and office
• Shed
• Rear garden and patio area
• Gravel drive with parking for approximately 8 vehicles
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2520 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
