FOR SALE
636470
91033 / Rightbiz
Residential location in Lincolnshire coastal town
6 bedroom, two-storey, end-terrace guest house
Only a short walk to the town centre and train station
Established business - same owner since 2018
Opportunity to convert back into an HMO (STPP)
Recently renovated to a modern standard
LOCATION:
The Regent Guesthouse is situated on Catherine Street in the North Lincolnshire coastal town and fishing port of Grimsby. According to the 2021 census, the town had a population of 85,915. Grimsby is located approximately 17 miles north of Louth, 27 miles east of Scunthorpe, 12 miles northeast of Caistor and 7 miles northeast of the Lincolnshire Wolds Area of Outstanding Natural Beauty (AONB).
The town has a local train station with rail services on Northern’s Sheffield-Cleethorpes line and its Barton-on-Humber line, and East Midlands Railway’s Newark-Grimsby line. Local connections provide links to major cities in the North and Scotland via TransPennine Express. Regular bus services allow travel to the nearby towns of Skegness, Louth, Market Rasen and Immingham. The nearest airport is Humberside International Airport which is located 14 miles east.
The area benefits from a variety of notable landmarks and amenities such as Grimsby Dock Tower (built in 1852), the busy Freeman Street Market, the landscaped People’s Park (with bowling green) and Grimsby Minster (dating from 1114). Also found within the area is a multitude of fuel stations, shopping venues and retail outlets.
The Regent Guesthouse occupies a fully double glazed, two-storey, end terrace, brick building under a tile roof. The property benefits from being in a residential location, only a short walk from Grimsby train station.
TRADE AREAS:
GROUND FLOOR:
Front door with coded SMART lock, into ENTRANCE HALL with laminate flooring and under stairs storage cupboard. COMMUNAL KITCHEN with domestic electric oven and gas hob, two extractor fans, two stainless steel sinks, space for a washing machine and a tumble dryer and an external door to the rear passageway.
LETTING ACCOMMODATION:
GROUND FLOOR: shared SHOWER ROOM, SEPARATE shared WC, TWO TWIN BEDROOMS and ONE FAMILY BEDROOM.
FIRST FLOOR: LANDING with access to a loft hatch, shared BATHROOM, SEPARATE shared WC, ONE TWIN BEDROOM and TWO FAMILY BEDROOMS.
EXTERNAL:
Rear PASSAGEWAY with outside sensor light, bin store and bicycle storage. Note: free 24 hour on-street parking can be found on the adjacent residential streets.
LICENCE:
No Premises Licence is currently held. A purchaser will need to apply to the Local Authority for a licence if they wish to sell alcohol.
SERVICES:
All mains services are connected.
The property benefits from both fire and burglar alarms as well as a 14 camera CCTV security system with TAPO 360 degree motion detection vertical cameras.
Local Authority: North East Lincolnshire Council
Rateable value: £3,000
Historic trade accounts are unavailable. Prospective purchasers must make their own assumptions as to likely trade levels, having due regard to the location and potential of the site.
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 'LINCOLNSHIRE 6 BEDROOM GUESTHOUSE CLOSE TO TRAIN STATION - 91033 / Rightbiz' 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.