Freehold Seafront Guest House For Sale
Business for sale
Asking Price:
£430,000
Turnover:
£49,922
Annual profit:
£36,000
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: r317City: st leonards, east sussex united kingdom
Net income: 36000
Property: freehold property included
Description
this is a well established concern which has been in the present hands for 6 years and which is now only being marketed as a result of the vendor wishing to retire. Our clients have been awarded 4 diamonds with the english tourist board.
Turnover - £49,922 p.a. @ Gp of 91% and a net profit of £36,000.
Imposing end terrace premises circa 1890. With patio area to front and main entrance to hallway: reception area access to cellar - private lounge: dining room with 21 covers, bar, fully equipped, access to conservatory: kitchen: with quality fitted units 8 burner range and double oven, toaster, 2 dishwashers, boiler, microwave. Laundry area: washer, dryer, steam press. Owners double bedroom: w.c. And shower room: with power shower.
Location and property
these imposing end terrace premises occupy a prominent trading position fronting the a259 arterial road approximately 1 mile from hastings town centre and 100 yards from the beach.
Accommodation
letting accommodation - all rooms have colour televisions, tea and coffee making facilities, shaver points, basins with hot and cold water or shower ensuite. Arranged as follows:landing: with charming stained glass window, sep. W.c. First floor: 2 double rooms ( 1 with shower ensuite) - 2 single bedrooms - 2 family rooms: (with shower ensuites) - shower room: half landing: with stained glass window. Sep. W.c and w/basin. Second floor: 1 single room: 1 twin room: 1 double: with shower ensuite. 1 Family room (double and single ): with shower ensuite. Access to boarded attic area: with potential to convert to 2 more rooms (subject to planning)
Outside - rear garden: terraced lawned areas with flower and shrub borders. Note: the premises are in excellent order throughout and benefit from a newly installed gas fired central heating system. Replacement upvc double glazing has also been installed to most windows.
