Durham DH1 Guesthouse and Air BnB

Discover a tranquil and self-contained room that offers a private entrance, ensuite bathroom, and a charming garden patio. Nestled in a peaceful cul-de-sac, just a mere ten minutes from Durham city centre, this accommodation is perfect for those seeking relaxation. Guests can enjoy a leisurely walk to Ramside Spa, unwind in the serene garden, or simply relish the calm surroundings. The stay includes complimentary Wi-Fi and parking. The kitchenette is equipped with basic cooking amenities such as a kettle, toaster, microwave, and coffee machine. For longer durations, arrangements can be made to utilise the main kitchen.

Established for two years and entering its third, this guesthouse, owned for three years, has become a favourite among visitors. It is situated near numerous amenities, including vibrant bars, delightful restaurants, Ramside Golf Course, and beautiful country walks, making it an attractive option for potential customers. While there is some competition in the area, the business significantly benefits from a loyal clientele and ample demand.

Investment Potential and Additional Features

This guesthouse is available for sale at an attractive freehold price of £230,000, with a current turnover of £15,000. All stocks are included in the sale, providing a solid foundation for the future owner. The business has shown growth in turnover over the past year, and fixtures and fittings can be included subject to agreement. The decision to sell is driven by a personal desire to support children.

The property boasts a strong online presence, enabling effective marketing and outreach. Additionally, the new owners will receive training opportunities to ensure a smooth transition. With its convenient location and access to local transport services, the business is not only accessible but also situated in a prominent area. Active guest management opportunities abound, and the well-established reputation of the business suggests a trusted service.

Features and Amenities

This guesthouse comes with ample facilities and room for expansion. Attractive features throughout the property enhance its appeal, including beautifully maintained terrace gardens, built-in storage solutions, and a well-presented interior. The business benefits from broadband internet connectivity and established booking and payment systems. There are additional outbuildings available for storage, and the residential aspect of the property is included in the sale. Notably, the business enjoys a rates exemption, ensuring financial benefits for the new owner.

With yearly visitor appeal and proximity to regional attractions, this guesthouse offers a promising investment opportunity in Durham. The potential for Airbnb rentals further enhances its attractiveness, ensuring it remains a sought-after destination for guests both local and from afar.