Freehold Guest House
Location England
Asking Price Range $250K - $500K
Gross Revenues $52000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description FREEHOLD œ425,000. Advent Business Sales have been instructed to offer for sale these two properties which have been converted to provide a ten listing room guest hose with three reception rooms together with private accommodation for the owners or suitable for a manager.
The properties offer a wide range of uses subject to the necessary planning consents. The vendor informs us that the building has permissions for a variety of uses at it has formerly been an Indian restaurant, a gym, a cafe, a beauty salon and an electrical hardware premises. The property could be converted to flats and has rooms and a courtyard to the rear that could be built upon, subject to planning permission.
The vendor has also informed us that a 'fire risk assessment' has been conducted and the new fire alarm system has been checked. External: The property's main outside space is a fully enclosed rear courtyard garden which is paved for ease of maintenance having raised planters to the perimeter of the space with a good variety of planting. There is outside lighting, water tap and a great deal of space for tables for guest use. To the side of the property is a further more secluded outside space currently used by the owner's pets but would easily convert to a private outside garden space. The vendor informs us that the large TIMBER GARDEN STORE and several garden and picnic tables would be available subject to price achieved. Contact for more information on this Guest House for sale.
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