B&B for sale in Burnley Lancashire with spacious owner's quarters and growth opportunities
Burnley, Lancashire
- Status
FOR SALE
- Advert ID
656219
- Reference
591729 / Rightbiz
- Call Agent:
- Leasehold: £395,000
- Turnover: £48,761 (£938 per week)
- Profit: Not Applicable
Business Details
Guest Houses and B&Bs For Sale in Burnley
BED AND BREAKFAST in Burnley for Sale.An exceptional opportunity to acquire a long-established and highly regarded freehold bed and breakfast occupying a prominent corner position within a densely populated residential area of Burnley. The business has been successfully owned and operated by our client since 2010 and is now reluctantly offered for sale due to impending retirement.
The Ormerod enjoys an excellent reputation for its warm hospitality, cleanliness and outstanding breakfasts, benefiting from a loyal customer base, repeat trade and strong word-of-mouth recommendations. The business is particularly well regarded online, holding a Tripadvisor Travellers' Choice Award and an impressive 4.6 / 5 rating from nearly 50 reviews, placing it amongst the most highly rated guest accommodation establishments in the area. Guests consistently praise the welcoming owners, comfortable and immaculately presented rooms, peaceful atmosphere and "outstanding" breakfast offering.
Currently operated on lifestyle hours, the business provides an excellent platform for growth. Significant scope exists for new owners to increase occupancy levels, expand marketing activity, accept additional bookings and introduce evening meals for both residents and non-residents, creating an additional revenue stream from the established customer base.
The substantial freehold premises comprise two adjoining properties and provide well-presented guest accommodation together with spacious owner's accommodation. Facilities briefly include:
Residents' lounge, breakfast room, kitchen, eight letting bedrooms currently in use, one additional guest bedroom currently not utilised.
Guest Accommodation
Room 1Twin/Family Room with shower
Room 2Twin Room with shower
Room 3Double Room with shower
Room 5Double Room with shower
Room 6Double Room with bath
Room 7Single Room with bath
Room 8Double Room with shower
Room 9Single Room with shower
Room 10Single Room with shower (currently not in use)
Room 11Single Room with shower (currently incorporated within the owner's accommodation but previously let as a guest room)
Owner's Accommodation
The private living quarters comprise two double bedrooms, a comfortable private lounge and bathroom facilities. One of the owner's bedrooms was formerly utilised as guest accommodation and could readily be reinstated as a letting room, if required.
Externally there is the owners’ garage and a charming terraced garden area.
Independent online reviews regularly highlight the property's exceptional value for money, spotless presentation, comfortable accommodation and friendly hosts, with many guests returning year after year and actively recommending the business to others. The quality of the breakfast offering is a particular feature, frequently receiving outstanding feedback from guests.
A rare retirement sale of a proven hospitality business with an enviable reputation, substantial owner's accommodation and clear opportunities for future growth.
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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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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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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.
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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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