10 Letting Room Guest House In Basingstoke Hampshire | | Basingstoke Hampshire | | 10-En-suite Letting Room Guest House Old Basing, Hampshire T/O: £100,000 GP: 70% Modern, recently decorated Ideal location close to motorway Excellent opportunity | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72448
ADVERT IMPRESSIONS : 13,559 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £599,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Old Basing Guest House is ideally located in a prominent trading location on the A30, which runs from London to Lands End. The guest house is just 1.5 miles from junction 6 of the M3 motorway and 2 miles from the centre of Basingstoke. Old Basing dates back to Saxon times and is steeped in history. The nearby town of Basingstoke boasts many modern amenities and attractions and is the home to the head offices of many large organisations, making Old Basing Guest House an ideal choice for business related guests. Old Basing lies 16 miles south of Reading and 46 miles west of London.
Business History
Preferred Commercial is delighted to offer for sale this 10-letting room guest house, which was established by our clients in 2008 and is only now being placed on the market due to their other business interests. Old Basing Guest House offers modern stylish accommodation aimed mainly at the business sector, generating a turnover in the region of £100,000 per annum with a gross profit of 70%. The property has recently been refurbished throughout and all rooms boast en-suite showers, LCD TVs, wireless internet connection, tea and coffee making facilities and hairdryers. The guest house also boasts a spacious private guests' car park. A new owner could increase turnover by embarking on a modest advertising campaign to promote weekend bookings. There is a quality web site in place with on-site booking facilities. We feel this is an ideal opportunity to acquire a popular guest house in such an ideal location with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £100,000 approx.
GP: 70%
Opening Hours
7.00am - 7.00pm 7-days a week
Accommodation Details
Substantial modern detached 2-storey property with loft conversion and parking for 15 vehicles. Briefly comprising:
Ground Floor
• External double glazed porch leading to entrance hall
• Kitchen with a range of fitted wall and base units
• Utility area
• Breakfast room with large LCD TV, leather sofa, breakfast buffet and tables and chairs for up to 20 covers
Letting Accommodation
• 10 bedrooms arranged over 3 floors each with double bed, en-suite shower room, LCD TV, wireless internet access, tea and coffee making facilities and hairdryer.
External
• Private parking for up to 15 vehicles
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2977 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
