Guest House for Sale in Preston Lancashire - Whitburn House Hotel with 16 Furnished Rooms
Preston, Lancashire
- Status
FOR SALE
- Advert ID
640381
- Leasehold: Price on Application
- Rent: £25,800 (£2,150 per month)
- Turnover: On request
- Profit: On request
Key Features
Business Details
Hotel Guest House for sale in Preston Lancashire
Whitburn House Hotel for Sale
Whitburn House Hotel presents an excellent opportunity for a passionate owner to take over a well-established and growing business. This family-run guest house features a tidy appearance and a warm, inviting atmosphere, making it an appealing choice for guests.
The hotel has been successfully trading for the last two years, building on a foundation of many years of operation under various owners. The current owner has managed the business since 2017 and is selling due to the relocation to a larger hotel in the city center while another similar business awaits. Financial accounts are available for review.
The guest house boasts 16 fully furnished rooms of high quality, ready for immediate operation. In addition to the property itself, the area is filled with amenities including shops and restaurants, enhancing its attractiveness to potential customers.
Having been a recognized namesake in the local hospitality scene for over 40 years, Whitburn House has recently undergone refurbishment and is open to the public. There is significant potential for further marketing through online booking agents, which could drive even greater occupancy and revenue.
Currently, the guest house has three dedicated employees, ensuring smooth operations. Additionally, it benefits from an established online presence on platforms like Booking.com, which aids in reaching a wider audience.
This leasehold opportunity is available at an asking price upon request, with an annual rent of £25,800. This sale presents a promising venture for someone ready to invest in a thriving hospitality business.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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