14 bedroom guest house for sale

Tenure: Freehold

Location
Greyburns Guest House is located in a prominent and highly desirable trading position approximately 150 yards from the beach at the Lincolnshire resort of Mablethorpe. The large Queens park holiday area, which has a boating lake, paddling pool, tennis courts, crazy golf, bowling green and a play area for smaller children, is within 50 yards of the guesthouse. It is ideally based for the town centre and all of its shops and facilities, as this again is only 100 yards away. As you can see, this guest house could not be better placed for all that Mablethorpe has to offer for its guests.

Business History
Preferred Commercial is delighted to offer for sale this thriving and highly regarded guest house in such a prime trading location. Greyburns has built up an enviable reputation throughout the region, generating a large customer base and much repeat trade. Greyburns have a sizable contract, with a national coach company, to supply accommodation to their drivers. The business is currently run by our client, who wishes to sell due to retirement. Currently the guesthouse operates on a bed and breakfast basis only but still achieves a turnover of £100,000 and a gross profit of 65%. Therefore there is infinite scope to develop the turnover further, by offering evening meals and opening the bar in the evenings. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
A/T: £100,000 approx.
GP: 65% approx.

Opening Hours
All year round

Accommodation Details
Double fronted. Two-storey property in a prominent corner position. Briefly comprising:

Ground Floor
• Outer entrance hall
• Inner reception area
• Kitchen and laundry room
• Kitchen storeroom
• Dining room with 34 covers leading on to a lounge/TV area with soft seating and a bar area
• Room 15 - Family room with en-suite facilities
• Room 16 - Family room with en-suite facilities
• Room 14 - Twin room with toilet
• Private bedroom with toilet and shower

First Floor
• Room 1 - Double room
• Room 2 - Family room
• Room 3 - Family room
• Room 4 - Double room
• Bathroom
• Room 5 - Single room
• Room 6 - Single room
• Shower Room
• Private Bedroom
• Shower room
• Room 7 - Double room
• Room 8 - Double room
• Room 9 - Single room
• Room 12 - Family room with en-suite facilities
• Room 13 - Double room with en-suite facilities

External
• Parking for 10 cars
• Bin area
• 2 large storage sheds

Tenure
Advised freehold