Description
6 Letting Bedrooms – all with own facilities; Comfortable Owners Accommodation; Large Dining Room; Guest Lounge; Car Park for 6
Turnover approx.£83,000 from seasonal opening
Retirement Sale after 17 years
Situation and Description A late Victorian semi detached guest house which is located around 5-10 minutes walk from the town centre and the beach. The property has been extended and comprehensively modernised by the present owners with a new gas boiler for central heating and double glazing. The whole property is immaculate which is recorded in the many excellent reviews – all room have ‘fridges and one now has a private balcony.
The Business – A thriving and well regarded Bed and Breakfast Guest House which has been in the present hands since 2008 and is now available due to retirement.
The agents understand that the building had been a guest house some years before our clients purchased and they saw the potential to re-instate this use. The house was remodelled and extended and originally offered seven letting bedrooms but a larger room has been created from two former rooms and now 6 easily managed rooms are used – ideal for a couple to run with little or no staff required.
Today, the business is highly rated being designated by Booking.Com as ‘Exceptional’ 9.5. and on TripAdvisor 150 of 155 reports are Excellent or Good.
The guest house opens each year at Easter and closes at the end of September and informed turnover for 2025 was approximately £83,310 allowing a buyer to obtain a loan to purchase, subject to status.
There are potentials to increase the turnover to the vat threshold of £90,000 by creating another balcony room with an increased tariff, or increasing the opening period or creating a ground floor letting bedroom from the current guest lounge.
Highly Recommended by The Sole Selling Agents
Price: £650,000 Freehold
EPC: TBN
