Popular Guest House In Great Yarmouth Norfolk | | Great Yarmouth Norfolk | | 7-Letting Room Guest House Great Yarmouth, Norfolk T/O: £27,500 GP: 85% Scope to increase turnover 3 bed owners' accom Recently refurbished throughout Close to beach and all attractions | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69728
ADVERT IMPRESSIONS : 12,794 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £264,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Copperfields Guest House is ideally located on Trafalgar Road in Great Yarmouth. The guest house is surrounded by similar businesses and lies just a minute's walk from the beach, marina and seafront attractions. The town centre and shopping area is also just a short walk away. Great Yarmouth is a popular holiday resort on the Norfolk coast and boasts a wide sandy beach and a wealth of attractions including a sea life centre, wildlife gardens, museums and traditional seaside amusements. The resort is easily accessible by rail or via the A12 and A47 roads. Norwich lies approximately 20 miles to the west.
Business History
Preferred Commercial is delighted to offer for sale this popular guest house, which was established in the 1950s and which has been in our clients' hands since 2004. The guest house is only now being placed on the market due to our clients' other business interests. The business boasts 7-letting rooms each with digital TV, WiFi access and tea and coffee making facilities, and generates a turnover in the region of £27,500 per annum with a gross profit of 85%. The guest house has been completely refurbished within the last 3 years and benefits from a new heating system. There is 2-bedroom owners' accommodation with lounge, kitchen, bathroom and utility room. The business operates on a bed and breakfast only basis and a new owner could introduce evening meals if desired. We feel this is an ideal opportunity to acquire a popular guest house in a desirable seaside resort location. Early viewing must come highly recommended.
Financial Details
T/O: £27,500 approx.
GP: 85%
Opening Hours
All year round
Accommodation Details
3-storey mid terrace guest house offering 7 letting rooms and 2-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Entrance hall
• Breakfast room with 18 covers
• Kitchen with 5-burner hob and oven, exit door
• Owners' lounge
• Owners' double bedroom
• Owners' double bedroom
• Utility room
• Owners' bathroom
First Floor
• Room 2: family room with double and bunk beds and en-suite shower facilities
• Room 3: double with en-suite facilities
• Room 5: family room with double and bunk beds and en-suite shower facilities
• Room 4: small family room with double and single beds and en-suite shower facilities
• Room 6: single with wash basin
Second Floor
• Room 7: single with wash basin
• Room 8: single (currently used by owners)
• Room 9: single with wash basin
• Shower room and WC for use by rooms 6, 7, 8 & 9
External
• On-street permit parking
• Space to rear for 2 x cars, which is rented from the local authority
Tenure
Advised freehold
| | | | | | FOR SALE | | | | | REFERENCE: | 2842 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
