This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

6 bedroom guest house for sale

1952. Aber House, High Street, Barmouth, LL42

£409,995

Property Description

Commercial information

  • Business for sale

Key features

  • Occupies a prominent corner location on the main high street
  • Lies just within the south west corner of Snowdonia National Park
  • 5-letting room guest house established in 2002
  • Currently run at a pace to suit our client
  • There are also 2 lock-up retail units to the side of the property
  • Grade II listed premises have been maintained to a very high standard throughout.
  • Immense scope for future growth and in such a desirable location

Full description

Tenure: Freehold

Location
Aber House occupies a prominent corner location on the main high street in Barmouth, Gwynedd. The guest house is ideally located just a short walk from the railway station, the promenade and wide sandy beach. Barmouth is a popular coastal resort with a picturesque mountain backdrop. The town lies just within the south west corner of Snowdonia National Park and boasts a rich history with shipping and slate industries.

Business History
Preferred Commercial is delighted to offer for sale this 5-letting room guest house, which was established by our clients in 2002 and which is only now being placed on the market due to their wish to retire. At present the business is run at a restricted pace to suit our clients with only 2 of the letting rooms currently utilised and generates a turnover in the region of 35,000 per annum with a gross profit of 58%. There is huge scope for a new owner to increase turnover by utilising all the letting rooms.There are also two lock-up retail units to the side of the property, which are included in the sale. One of the units is currently rented out and the other could be used by the new owner or let out to provide further income. We feel the business would benefit from a modest advertising campaign and perhaps the introduction of a web site. The grade II listed premises have been maintained to a very high standard throughout. We feel this represents an ideal opportunity to acquire a well-established guest house business with immense scope for future growth and in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: 35,000 approx.
GP: 58%

Opening Hours
Open all year round

Accommodation Details
Substantial 4-storey premises situated in a prominent corner location in the heart of the Welsh resort of Barmouth. Briefly comprising:

Ground Floor
Large hallway
Kitchen with a range of fitted wall and base units, tiled flooring, gas hob and oven, dining table and exit door to car park
Dining room with 2 tables offering 8 covers and servery area
Shop 1 with High Street frontage, own kitchenette and WC, currently let at 440 per month
Shop 2 with High Street frontage and door into guest house, could be used by owners or let out

Lower Ground Floor
Self-contained flat briefly comprising:
Lounge
Kitchenette
Double bedroom
Bathroom with shower, WC and wash basin

First Floor
Family room
Double room
WC with wash basin
Owners' accommodation, briefly comprising:
Lounge with feature fireplace
Dining room

Second Floor
Double bedroom
Double bedroom with 4-poster bed
Bathroom with Shower, WC and wash basin
Double bedroom with en-suite

Third Floor
2 x Double bedrooms
Bathroom with Shower, WC and wash basin

External
Car parking for 8 vehicles
Garden to side
Yard to rear
3 x workshops available by separate negotiation

Tenure
Advised freehold

Energy Performance Certificates (EPCs)

To view this property or request more details, contact:

Preferred Commercial, Nationwide

Lower House Farm Mansell Way, Horwich, Bolton, BL6 6JL

0844 871 1484 Local call rate

How much will it cost me to call the number displayed on the site?

The cost of your call will vary depending on your landline or mobile phone provider and the number called. Please check with your network provider for potential costs.

Disclaimer

Property reference 1952. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Preferred Commercial, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.