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Exceptional 9 Letting Room Guest House for Sale

Bangor, Wales-Gwynedd County

Freehold : £ 475,000
Turnover : £ 962 p.w.

The business enjoys a highly sought after and ideal location in Bangor, North Wales. The railway station, city centre restaurants, pubs and shops are all just a few minutes walk. Bangor is a vibrant city, popular with visitors all year round, with excellent cycle routes, walks and sailing facilities near by that attract tourists from all over the world. The Snowdonia National Park is less than an hours drive away with the towns of Porthmadog, Caernarfon and Llandudno easily accessible on the A487 which leads to the main A55 duel carriageway providing North Wales with fantastic links to Chester and the M56 motorway

EXCEPTIONAL 9 LETTING ROOM GUEST HOUSE
Early viewing essential to fully appreciate
Situated in the bustling city of Bangor
Advised annual turnover of £50,000
1 bedroom owners' accommodation
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb guest house which has been established for over 20 years and has been in the careful hands of our clients for the last 6 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the guest house they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £50,000 which is derived from providing welcoming and well presented guest letting rooms as well as offering complimentary breakfasts. The guest house is extremely popular due to its’ location in the business district and its forward bookings run well into 2014. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Trades all year round
 
Accommodation: Well presented semi-detached property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Reception/welcoming area

Dining room with ample dining tables & chairs for approximately 15 covers
Guest Room - Family with en-suite

Owners' Accommodation
Fully fitted kitchen

Office

Storage room

Double bedroom with en-suite

Lounge

FIRST FLOOR
Guest Room - Single standard (Patio/veranda)

Guest Room - Twin standard

Guest Room - Twin standard

Guest Room - Twin with en-suite

Guest Room - Double with en-suite

Guest Room - Family with en-suite

Guest Room - Family with en-suite

Storage area

SECOND FLOOR
Guest Room - Family with en-suite

Guest Room - Double with en-suite
EXTERNAL
Parking to the front for approximately 3 vehicles

Side & rear yard areas

Patio/veranda on first floor

 
Tenure: We are advised freehold
 
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2022 Advert ID 42351    Sellers Ref : 3523/BSOL

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