Busy Guest House In Hull East Yorkshire | | Kingston Upon Hull East Riding of Yorkshire | | Guest House Hull, East Yorkshire T/O: £78,000 GP: 47% Huge scope Well-equipped Prime trading position | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68712
ADVERT IMPRESSIONS : 12,511 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £419,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
East-Thorpe Guest House occupies substantial 3-storey detached premises, ideally located in a prominent trading position on a busy main road leading into Hull city centre, East Yorkshire. The premises benefit from ample private parking and are surrounded by a densely populated residential area. The city centre is a short distance away and there is a range of complementary shops and businesses close by, including a major supermarket. There are regular buses serving the area, allowing easy access to the city centre. Hull is a large city with a busy port with regular ferries running to Rotterdam and Zeebrugge. The city is a popular residential area and is a desirable place in which to live and work. The business boasts easy access to the A-road network and the M62 is 19 miles away. Bridlington lies 23 miles to the north, while York is approximately 36 miles away.
Business History
Preferred Commercial is pleased to offer for sale this busy guest house, which was established by our client in 2001 and which is only now offered to the market due to our client's wish to retire. The business trades all year round and generates a turnover in the region of £78,000 per annum with a gross profit of 47%. The guest house offers 11 guest bedrooms all equipped with TVs, tea and coffee making facilities and have en-suite facilities. There is also a high quality home cooked breakfast served to residents. The business has an excellent reputation and is renowned for its clean rooms and quality breakfast. The guest house receives much repeat trade from contractors working in the city, along with tourists using the ferry services. We feel that the turnover could be increased by embarking on a modest marketing campaign and perhaps establishing a website with online booking facilities. A new owner could, if desired introduce lunch and evening meals. The premises are well-equipped to suit the trade and have been finished to a high standard throughout. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £78,000 approx.
GP: 47%
Opening Hours
All year round
Accommodation Details
Substantial detached 3-storey guest house premises with parking facilities. Briefly comprising:
Ground Floor
• Hallway with tourist information booklets
• Owners' double bedroom with en-suite facilities
• Owners' lounge
• Kitchen
• Conservatory to rear used as guest breakfast room
• Guest lounge with large TV and 2 x leather sofas
• Room 1: twin bedroom with en-suite shower
• Room 2: twin bedroom with en-suite shower
• Room 3: twin bedroom with en-suite facilities
First Floor
• Room 4: double bedroom with en-suite facilities
• Room 5: family room with 2 x single beds, bunk beds and en-suite facilities
• Room 6: single bedroom with en-suite facilities
• Room 7: double bedroom with en-suite facilities
• Room 8: twin bedroom with en-suite facilities
Second Floor
• Room 9: double bedroom with en-suite facilities
• Room 10: single bedroom with en-suite facilities
• Room 11: double bedroom with en-suite facilities
• Landing
External
• Car parking with spaces for up to 13 vehicles
• Patio to rear with heated smoking area
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2735 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
