6 Bedroom Bed And Breakfast In Tenby Pembrokeshire | | Tenby Pembrokeshire | | Bed and breakfast Tenby, Pembrokeshire T/O: £58,500 GP: 88% Huge scope Loyal customer base Much repeat trade Website in place Affluent area | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 73422
ADVERT IMPRESSIONS : 6,684 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £450,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Ivy Bank Guest House occupies substantial 4-storey semi-detached premises, ideally located in the heart of the seaside resort of Tenby, Pembrokeshire. The premises benefit from ample on-street parking and are surrounded by a mixture of residential and commercial properties. The business enjoys a high footfall and much passing trade. The area is well-served by public transport with numerous bus stops and a railway station within easy walking distance. The town's amenities are nearby including schools, a church and a museum. The seafront, harbour and ferry port are both just a short walk away. Tenby is a busy coastal resort, boasting 2½ miles of sandy beaches, restaurants, pubs, cafes and many tourist attractions. Tenby Old Town walls were built in the 13th century as protection against invaders but nowadays the tourist invasion is welcomed. The area is surrounded by picturesque countryside and is a desirable place in which to live and work. The premises boast east access to the A-road network, including the A478 and the A477. Milford Haven is approximately 16 miles to the west, while Haverfordwest lies 18 miles away.
Business History
Preferred Commercial is delighted to offer for sale this 6-bedroom bed and breakfast business, which was established in 1980 and which has been in our client's careful hands since 2006. The bed and breakfast is only now offered to the market due to our client's wish to relocate. The business trades all year round and generates a turnover in the region of £58,500 per annum with a gross profit of 88%, derived from the letting of 6 guest bedrooms on a bed and breakfast only basis. We feel the turnover could be further increased by embarking on a modest marketing campaign. The business has an enviable reputation and receives much repeat trade and word of mouth recommendations. There is a comprehensive website in place advertising the business and services provided with online booking facilities. The premises are well-equipped to suit the trade and have been fitted to a high standard throughout. There is also 1-bedroom owner' accommodation with lounge, kitchen and en-suite bathroom. The property also boasts a spacious breakfast room, which we feel is currently under-utilised and could be used for evening meals. We feel this represents an ideal opportunity to acquire an already busy bed and breakfast with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £58,500 approx.
GP: 88%
Opening Hours
All year round
Accommodation Details
Substantial 4-storey semi-detached 5-bedroom bed and breakfast premises with 1-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Entrance hallway
• Breakfast room with feature fireplace and tables and chairs for up to 12 covers
• Office
• Owners' conservatory
• Owners' lounge with feature fireplace
• Kitchen
• Utility room
• Shower room with shower, WC and wash hand basin
First Floor
• Room 1: family suite comprising single with bunk beds, double bedroom with en-suite shower
• Room 2: double bedroom with en-suite shower room
• Room 3: large family room with double and single beds and en-suite bathroom
Second Floor
• Owners' bedroom with en-suite shower room and walk-in-storage area
• Room 4: double bedroom with en-suite shower room
• Room 5: double bedroom with en-suite shower room
Third Floor
• Attic conversion used as large double bedroom
External
• Front terrace with steps to the front door
• Courtyard to the rear with seating
• Permit parking to the front
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 3018 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
