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Well Established 6 Bedroomed Guest House for Sale

Essex

Leasehold : £ 50,000

WELL ESTABLISHED 6 BEDROOMED GUEST HOUSE – ESSEX
Recently refurbished – walk in condition
Self contained owner’s accommodation
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD


Business History
Meridian Business Sales are delighted to offer this well established family run guest house which was established by our clients in 1980 and is reluctantly being offered to the market due to our clients desire to concentrate on other business interests. Since the business was established our client has invested time and money in the business and premises to the point where it is full walk in condition. Our client informs us that they currently generate a respectable annual turnover which is derived from offering a quality bed & breakfast service to the tourism market and to travelling business professionals and contractors. The business enjoys a good reputation and relationship with its regular clientele and because of this enjoys high levels of repeat trade together with good word of mouth recommendations and has advanced bookings in place. The business is owner operated and would ideally suit a partnership and could afford a good standard of living. There is scope to open the dining room to non guests which may increase income. The business benefits from a professional website and we would recommend early viewing of this business as this is a superb opportunity to purchase an established business which is a great base to build upon.


Trading Hours: All Year Round
 
Accommodation: Well presented and maintained three storey semi detached Victorian property offering 6 en-suite letting rooms and self contained owners quarters briefly comprising:

GROUND FLOOR
Owners accommodation comprising:
Dining room
Kitchen
Ancillary area
2 x double standard bedrooms

Client dining room

FIRST FLOOR – all en suite
1 single standard bedroom
1 double standard bedroom
1 family standard bedroom

SECOND FLOOR – all en suite
1 single standard bedroom
1 double standard bedroom
1 family standard bedroom

EXTERNAL
Free private car parking for 4 vehicles
Off road parking
Rear garden – for owner use only

 
Tenure: We are advised leasehold
New 10 year lease at £1,200pm rent or 5 year £2,200pm rent


 
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242 Advert ID 48268    Sellers Ref : 4544/BSOL

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