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20-Year Established Beautiful Guest House For Sale in Mablethorpe Lincolnshire

Mablethorpe, Lincolnshire
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  • Status

    FOR SALE

  • Date Submitted:

    05/07/21

  • Advert ID

    279278

  • Reference

    B06267 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £525,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Beautiful Guest House For Sale

Business
Please quote reference B06267

Hilton Smythe is delighted to welcome to the market this stunning, guest house with an enviable reputation.

Victoria Guest House has been trading for over 20 years and been in our client’s careful ownership since 2019, now only being offered to the market as our clients are relocating.

The business has an excellent reputation with guests for the high-quality service and excellent accommodation, which has resulted in a loyal client base and has given the business a lot of repeat trade and word of mouth referrals resulting in bookings from all four corners.

Victoria Guest House is popular with tourists, wedding parties, walkers, businesspeople, one off weekend breaks and contractors.

The business has a choice of 9 en-suite bedrooms, ranging from doubles, twin and family king and super king rooms. They are a 'dog friendly' guest house and have several pet friendly rooms.

Over the last few years, the guest house itself has been very well maintained with a recent renovation costing around £100,000 including jacuzzi and sauna and so can now be found in great condition throughout.

Turnover is generated by offering 9 letting rooms and 1 self-catering apartment.

-FREE WIFI throughout the premises Onsite parking available for guests

-Licenced bar open to residents and non-residents

-Restaurant open to residents and non-residents.

-Serving breakfast and evening meals.

-Also holds several themed nights throughout the year.

-Pool table, darts board, fruit machine and other bar games

There is scope to increase turn over with the introduction of online partner booking sites, perhaps national press marketing to attract and grow the weekend break experience.

This is an excellent opportunity for a new owner to take this exciting business opportunity to the next level.

Viewing is highly recommended to fully appreciate.



Location
Mablethorpe with its glorious sandy beaches, colourful beach huts and fairground is a few miles north of Sutton-On-Sea on the Lincolnshire coastline.

Victoria Guest House is situated on Victoria Road, a short walk from the main town, with its amusements, shops and various places to eat and drink Queens Park with its ride on train, splash park and boating lake is a short walk around the corner. The lovely award-winning beaches are just a short stroll from the guest house.



Premises
Victoria Guest House is located in a substantial, beautifully presented period property that has been tastefully refurbished to a good standard whilst retaining many of the attractive features, with the guest rooms, en-suites, and bathrooms finished to a tasteful standard.



Tenure
Freehold



Hours
The business trading hours are as followed:

Monday to Friday - 08:30am - 21:00pm

Saturday and Sunday - 08:30am - 22:00pm



Staff
The business is ran and managed by 4 part time staff members.



Financial Profile
Financial information available upon request.

Please quote reference B06267



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Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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