FOR SALE
628433
Selling my established business due to pursuing a new venture. This opportunity lies in the heart of Sunderland, with city center apartments offering convenient access to key attractions such as the Stadium of Light, the beach, and the marina. The building consists of three floors and each apartment is housed within this single building, exclusive to the owner.
The property features five self-contained apartments and three rentable rooms, bringing in consistent income. Among these are two three-bedroom apartments, two two-bedroom apartments, and a studio apartment. The additional three double rooms each have their own bathroom, while sharing a kitchen. All apartments are equipped with their own bathroom, kitchen, and living space.
This investment includes a well-structured list of bookings extending until September 2025. The nightly rate for apartments ranges from £120 to £200 based on occupancy, while the rooms are available for £49 per night. Currently, the business operates with an occupancy rate of 50 to 75%, generating around £7,000 per month even at the lower occupancy end, with potential for growth.
The property is fully fitted with modern amenities, including comprehensive CCTV systems and ten off-street parking spaces for guests. The sale price is set at £37,500 or the nearest offer, providing a valuable opportunity for those entering the business market or involved in Airbnb services.
In addition to its appealing features, the business enjoys an advantageous location close to numerous amenities including shops and restaurants. All fixtures and fittings are included in the price, making this a complete package for prospective buyers. The current annual rent is £33,600, with a turnover of £84,000.
This is a highly attractive deal, offering instant customer flow through platforms like Booking.com and Airbnb. Thank you for your interest; feel free to contact me for further discussions.
- Modern bathrooms with sleek fixtures.
- Comfortably furnished bedrooms with ample natural light.
- Attractive street-facing exterior with colorful murals.
- Cozy and inviting guest rooms with stylish decor.
- Convenient location with nearby amenities.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Bed & Breakfast for sale ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.