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BUSINESS REFERENCE : 1522 / RightBiz SUPERBLY APPOINTED 14 BEDROOM GUEST HOUSE | | | | | | SUPERBLY APPOINTED 14 BEDROOM GUEST HOUSE - CUMBRIA 11 letting rooms (depending upon private usage) 7 en-suite (planning consent for further en-suite facilities) | | | BUSINESS LOCATION: | Carlisle Cumbria UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Golf Courses | | SALE: | Agent Sale | FREEHOLD: | £625000 | | | | | | | | | | | BUSINESS DETAILS: | SUPERBLY APPOINTED 14 BEDROOM GUEST HOUSE - CUMBRIA
11 letting rooms (depending upon private usage) 7 en-suite
(planning consent for further en-suite facilities)
Much sought after, central trading location in Carlisle
Gross turnover circa £90,000pa
Adjusted net profits in excess of £50,000
Bed and breakfast only
High levels of repeat custom
Superbly appointed Victorian guest house with private parking
Excellent standard of living accommodation
Exceptional features & character
Beautifully appointed throughout
Full gas central heating
New hot water tank & condensing boiler system
Awarded 4 Stars guest accommodation VisitBritain Scheme
Recommended by the Lonely Planet & Let's Go travel Guides
FREEHOLD
ASKING PRICE
£625,000 Plus SAV
Ref: 1522
Location
A Grade II listed Victorian property situated within a conservation area of historic Carlisle, just a short walk away from the city centre and just a ¼ of a mile from the main line train station.
The business enjoys a superb location not only for people visiting the area for pleasure, but also provides an ideal base for those visiting Carlisle on business & who desire a relaxing & comfortable retreat in a beautiful property with comfortable rooms full of character & with great facilities.
This superb location is close to a wide range of shops, restaurants, bars & other amenities & is only 500 yards from the Hadrian's Wall Heritage Trail. It is an ideal base for exploring the Cumbrian Way, the beautiful Lake District National Park & Scottish Borders.
Carlisle is the largest settlement in Cumbria, and is ideally placed for visitors from both the North and the South, its position at the juncture of the M6/A74 which progresses into the M74 means that Carlisle is often a popular 'stop off' point for the cross border England to Scotland (and vice versa) traveller. This truly is a superb and very appropriate location for a business of this nature.
As well as these busy motorway routes, many important trunk roads either begin or terminate in Carlisle, including the A6 to Penrith (historically the main road South), the A595 to Western Cumbria, the A69 to Newcastle-upon-Tyne and the A7 to Edinburgh.
Carlisle is located approximately 55 miles West of Newcastle-upon-Tyne, 70 miles North of Lancaster, 90 miles South of Glasgow, 95 miles South-West of Edinburgh, 120 miles North-West of York, and 305 miles North-North-West of London.
Business History
Meridian Business Sales are delighted to offer to the market this superb guest house, established in the 1970's and lovingly renovated over the last 4 years.
The business has enjoyed a year on year increase in trade through a strong level of repeat business & exceptional Internet exposure. Catering for the discerning tourist, traveller or business person, this delightful guest house enjoys a gross annual turnover of circa £90,000 with adjusted net profits exceeding £50,000 derived from bed & breakfast trade only. (before depreciation, finance & repairs)
This enviable level of trade has been achieved with only partial year round opening. Due to Carlisle's impressive and diverse commercial aspects as well as its year round tourist trade, there is certainly scope to further increase takings should a new owner wish to exploit this as yet, un-tapped year round opportunity.
The present owners, who are offering the business for sale to allow them to concentrate on other business interests, know only too well that further substantial profits can be achieved through year round opening & building on the foundations and groundwork, care and attention they have tended upon this business. Not only with regards to the beautiful renovation work they have completed, but also on the success of the business and their enviable reputation.
The work carried out, both on the exterior & interior is of the very highest standard & fits beautifully with the history, character & prestige of such a beautiful building. Coupled with the fact that substantial and superbly appointed owners living accommodation is available, and with the further potential in unrealised income streams that can be achieved, early viewing is absolutely essential to appreciate this superb lifestyle business.
Financial Profile
Gross turnover circa £90,000pa
Gross Profit 80%
Adjusted Net Profit £50,000
Tenure
We are advised freehold
Accommodation
Accommodation Summary
Exceptional, centrally located, Grade II listed, end terraced, Victorian guest house, with 11-14 guest rooms, (depending on private usage) 7 of which boast en-suite facilities, with superb owners living accommodation & private parking.
Accommodation - Ground Floor
From the magnificent Victorian tiled entrance hall, with an ornate cast iron balustrade to the stairway comes the superbly appointed guest lounge with feature windows to 2 sides, high ceiling, complete with ceiling rose & cornice work & feature fireplace. The dining room is at the end of the large hallway and seats up to 16 and is again decorated to a very high standard. To the right of the dining room is the large fully equipped kitchen with quality modern wall & base units, double sink, new Britannia 6 burner fitted gas hob, separate Bosch electric double oven, integral fridge & dishwasher, hot water urn, large commercial toaster and fitted hand basin.
Following on down the steps is the laundry room with various fridges & freezers, wall & base units, storage cupboards, commercial washer & dryer. Off the main hall is the owners accommodation which is exceptional & comprises of, private lounge, office/storage room, cloakroom, fully tiled separate WC, private door entrance, large double bedroom with en-suite shower room, entrance & stairs leading to the lower ground floor and a further large double bedroom, hallway, office computer room & bathroom with shower.
Accommodation - First Floor
Leading from the stairs are the guest bedrooms (all with chair(s), TV, welcome tray and clock radio) and various ancillary areas, as follows:
Room 3 Single with vanity basin (private use at present)
Room 4 Twin with vanity basin & planning consent for en-suite shower room
Room 5 Single with vanity basin & planning consent for en-suite shower room
Room 6 Family en-suite with double, single and fold away bed and LCD TV
Guest shower room & WC's
Room 7 Double with en-suite shower room & LCD TV
Room 8 Single with vanity unit & LCD TV
Room 9 Single with en-suite shower room & fire escape route
Storage cupboard
Accommodation - Second Floor
Room 10 Family room with double & single bed and vanity unit
Room 12 Family room with double and 2 single beds, vanity unit & under eaves storage & linen cupboard
Room 14 Family en-suite with double and single bed & LCD TV
Room 16 Twin with en-suite shower room
Room 18 Single with vanity unit & fire escape route
Storage cupboard
Guest shower room with WC & vanity unit
Accommodation - External
Private car park to the side of the building
Secure rear garden/parking area | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1522 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
