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Guest House In Prime Letting Area Close To Sea Front

Undisclosed Norfolk
NORFOLK Guest House In Prime Letting Area Close to Sea Front Living Accomodation Included In Asking Price Scope For Expansion By Taking Website Bookings Evening Meals Could Be Served To Increase Sales Freehold - £225,000 REF 0003 AV
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72681
ADVERT IMPRESSIONS : 11,436 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Guest Houses
SALE: Agent Sale

FREEHOLD:

£225000
 

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BUSINESS DETAILS:

REF: 0003 AV

GUEST HOUSE IN PRIME LETTING AREA CLOSE TO SEA FRONT
LIVING ACCOMODATION INCLUDED IN ASKING PRICE
SCOPE FOR EXPANSION BY TAKING WEBSITE BOOKINGS

LOCATION
• Prime letting area about 500 yards from sea front and entertainment.
• Circa 5 minutes walking distance to town and main shopping centre.
• One of the main roads in and out of Yarmouth and also one of the best for flowers through the
spring and summer months.

HISTORY
Established for over 13 years.

REASON FOR SALE
The business is being reluctantly sold due to the Vendor wishing to retire.

NORFOLK -FREEHOLD: £225,000

CUSTOMERS
• Telephone bookings.
• Regular guests every year.
• Door knockers.

SUPPLIERS
• Local wholesale company – 90% of
stock, which delivers Tuesdays and
Fridays.

STAFF
• Guest house is run by the vendor and
a part time girl who works during the
season.

TRADING HOURS
• 24/7.

FINANCIALS
• TBC.

OVERHEADS
• TBC.

PREMISES
• Gas central heating.
• Car park at rear of premises for
owner.
• Double glazing.
• Small yard at the front of the
business.
• It has 8 letting rooms, 4 en-suites.

ACCOMMODATION
• Included in asking price;
o One bedroom apartment with
en-suite shower and bath
room, lounge and bathroom.

EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
• All included in asking price.

STRENGTHS
• Excellent location on street close to
sea front, town and main shopping
area..
• Central to all amenities, sea front,
town, bus station, train station,
cinema, marina centre, and all sea
front amusements.
SCOPE
• Sales could be increased by the
creation of a website to take online
bookings.
• Evening meals could be served.

TENURE
• Business and freehold property for
sale.
• An Energy Performance Certificate
is available for the premises.

VIEWINGS:
• A non disclosure agreement will
have to be signed and returned
prior to any further information
and viewing.

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
   
  FOR SALE
   

REFERENCE:

0003 AV / RightBiz
   
  Request more information about this business..

ENQUIRIES:

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