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10 bedroom guest house for sale

2122. Clarence House, South Parade, Skegness, PE25

£265,000

Property Description

Commercial information

  • Business for sale

Key features

  • Large 3-storey property set in a mid-parade position on the sea front
  • Skegness is a very popular tourist destination
  • Established in 1950 and has 4-star accreditation
  • Boasts 8 en-suite letting rooms, guest lounge, 2-bedroom owners' accommodation
  • Currently trades for 7 months of the year T/O 32,000 per annum GP 90%

Full description

Tenure: Freehold

Location
Clarence House occupies a large 4-storey property set in a mid-parade position in a row of similar properties on the sea front in Skegness, Lincolnshire. There are a number of complementary businesses in the area, which is well-known for holiday accommodation. The property benefits from a small forecourt suitable for parking a single car and there is on-street car parking close by. The business is located close to many tourist activities, with a mini-golf course directly across the road. Skegness town centre is within easy walking distance, where there is a wide range of local amenities available. Skegness is a very popular tourist destination and is well-known for being the first town to open a Butlins resort in 1936. The business enjoys easy access to the local road network, along with the A158 and the A52. The city of Lincoln is approximately 40 miles to the east.

Business History
Preferred Commercial is delighted to offer for sale this 4-star, licensed guest house, which was established in 1950 and which has been in our clients' careful hands since 2001. The business is only now presented to the market due to our clients' wish to retire. The property is well maintained and boasts 8 en-suite letting rooms, guest lounge, 2-bedroom owners' accommodation and courtyard to the rear. Our clients have developed a homely and welcoming atmosphere, which ensures much repeat trade. The business currently trades for 7 months of the year and generates a turnover in the region of 32,000 with a gross profit of 90%. We feel the turnover could be further improved by opening the guest house all year round and by offering lunch and evening meals. This is an ideal lifestyle change opportunity and a chance to acquire a large guest house, which is already popular and which offers further scope for development. Early viewing and negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: 32,000 approx.
GP: 90%

Opening Hours
7 months of the year

Accommodation Details
4-storey mid-parade brick built guest house with 8 en-suite letting rooms, owners' accommodation and CCTV system. Briefly comprising:

Ground Floor
Room 1. Double bedroom with four-poster bed, flat screen TV, hairdryer, hospitality tray and en-suite facilities
Room 2. Twin bedroom with flat screen TV, hairdryer, hospitality tray and en-suite facilities
Room 3. Single room with flat screen TV, hairdryer, hospitality tray and en-suite facilities

Lower Ground Floor
Guest lounge with comfortable seating, bar servery, tables and chairs for approximately 18 covers

Owners' accommodation - comprising:
Kitchen with refrigerator, freezer, microwave oven, dishwasher, 6-burner gas hob, electric oven, griddle, double stainless steel sink unit, and hand wash basin
Lounge
Single bedroom - currently used as office
Dining room
Master bedroom
Shower room with wash basin and WC

First Floor
Room 4. Double bedroom with flat screen TV, hairdryer, hospitality tray and en-suite facilities
Room 5. Twin bedroom with flat screen TV, hairdryer, hospitality tray and en-suite facilities
Room 6. Double bedroom with four-poster bed, flat screen TV, hairdryer, hospitality tray and en-suite facilities
Linen cupboard

Second Floor
Room 7. Family room with double bed, bunk beds, flat screen TV, hairdryer, hospitality tray and en-suite facilities
Room 8. Family room with double bed, bunk beds, flat screen TV, hairdryer, hospitality tray and en-suite facilities
Storage cupboard with shelving
Loft storage

External
Single car parking space to front
Rear courtyard plus private courtyard garden

Tenure
Advised freehold


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

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Disclaimer

Property reference 2122. 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.