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INVESTMENT OPPORTUNITY FORMER GUEST HOUSE EXCELLENT VALUE DOMESTIC OR COMMERCIAL

Lincoln, Lincolnshire
Freehold Price:
£350,000
Status
FOR SALE
Advert ID
222250
Reference
EA9821 / Rightbiz

This is a fantastic INVESTMENT opportunity to purchase a former Guest House in the vibrant historic city of Lincoln. Beautifully positioned with stunning views, this high standard guesthouse has been under the same successful ownership for over 23 years.
With good attention to detail and a real home from home experience this freehold property only closed its doors to business September 2018
This 5 bedroom all en-suite traditional Guest House plus good sized owners accommodation is flexible for both commercial and domestic use.
Due to health reasons our client has instructed Adams and Co to complete a quick sale.
An early viewing is highly recommended to appreciate the opportunity on offer.
Offer in excess of £350,000

Fixture and fittings by Separate negotiation 

Listing Details
Freehold Price: £350,000
Tenure: Freehold
Location: Lincoln, Lincolnshire
Sector: Bed And Breakfast, Hotels, Investment Properties
Financials
Annual Turnover: £57,205
Annual Net Profit: £20,000
Key Features
  • Established Business
  • Prime Location
  • With Accommodation
  • Accounts Available
  • Potential for Alternative Use
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: EA9821 / Rightbiz
What's nearby
Within 1 milei:
Fab Vintage (Clothing Store)
Supersave (Convenience Store)
Supasave (Store)
Lagat (Point Of Interest)
J E Sills & Sons Ltd (Insurance Agency)
Healthy Appetites (Meal Takeaway)
The Dandy Lion Alehouse (Bar)
Gotham Games (Movie Rental)
Figgerz (Cafe)
The Little Lincoln Cafe (Cafe)
Listing Statistics
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Find out more about the business by contacting the seller