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12 bedroom guest house for sale

1986. Abbey Court Guest House, London Road, Carlisle, CA1

£495,000

Property Description

Commercial information

  • Business for sale

Key features

  • Occupies traditional stone-built premises ideally located on a busy high street
  • Centrally located in Carlisle town centre
  • Boasts 12 letting rooms finished to a high standard
  • Has built a loyal customer base and benefits from both tourists and corporate clients
  • T/O 72,500 per annum with huge scope for future growth
  • Adjoining property also available separately

Full description

Tenure: Freehold

Location
Abbey Court Guest House occupies a traditional stone-built property, ideally located on a busy high street in the heart of Carlisle town centre. The premises are surrounded by a large range of complementary shops with many well-known high street businesses in the vicinity. The premises are a five minute walk from the bus and train stations and there is free off-street car parking close by. Carlisle is a popular town with both residents and tourists and has a large number of visitor attractions in the area including Carlisle castle, which is a medieval fortress. Set within a sought-after area, the business is just 2 miles from Junction 43 of the M6 motorway.

Business History
Preferred Commercial is pleased to offer for sale this large, stone-built guest house, which has been operated by our clients since 1983 and is only now presented to the market due to our client's wish to retire. Abbey Court Guest House occupies what were originally two terraced properties. There is a third adjoining property, which could be used to extend the guest house with a further seven letting rooms, and is available separately for 245,000. This additional property currently generates additional income of approximately 12,000 per annum. We have been advised that the properties would be sold together if required. The premises have been newly decorated and are in excellent condition, with new seating and flooring to the dining area, new televisions to all the letting rooms, a new kitchen and new toilets. The roof above the extension has been refurbished and the wiring has been renewed. The property boasts 12 letting rooms which are finished to a high standard. Our client has built a loyal customer base and benefits from both tourists and corporate clients. Carlisle is an ideal base for trips to the Lake District and Hadrian's Wall and the business is well situated to take advantage of tourists looking to stop en-route to Scotland. We feel that turnover could be further improved by introducing evening meals and a modest room service menu to include snacks. Our client already has a web site in place. Early internal inspection and negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: 72,500 approx.
GP: 70%

Opening Hours
All year round

Accommodation Details
Large, stone built 3-storey property with central heating, double-glazing and separate owner's accommodation. Briefly comprising:

Ground Floor
Owner's accommodation incorporating lounge with coal effect gas fire and with CCTV equipment connected to television. Double bedroom with en-suite facilities
Open plan kitchen, dining area and lounge incorporating kitchen area with 2 x integrated refrigerators, 2 x gas hob and ovens, 2 x grills, dishwasher, Bain Marie, 2 x fryers, wall and base units. Lounge area with 2 x sofas. Dining area with table and chairs
Utility room with commercial washing machine, 2 x commercial dryers, domestic washing machine, chest freezer
Office area with desk, chairs, computer and room keys
Dining area with new chairs and tables for 24 covers
Room 1. Twin bedroom with patio doors leading to garden area, wardrobe, drawers, television, hairdryer, hospitality tray and en-suite with walk-in shower, wash basin and WC

First Floor
Room 2. Triple bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Room 3. Single bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Room 4. Twin bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Room 5. Twin bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Room 6. Single bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Room 7. Family bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Bathroom with walk-in shower, wash basin and WC
WC

Second Floor
Room 8. Single room with wardrobe, drawers, television, hairdryer, hospitality tray and en-suite with walk-in shower, wash basin and WC
Room 9. Family bedroom with wardrobe, drawers, television, hairdryer and hospitality tray
Room 10. Single room with wardrobe, drawers, television, hairdryer, hospitality tray and en-suite with walk-in shower, wash basin and WC
Room 11. Family room with wardrobe, drawers, television, hairdryer, hospitality tray and en-suite with walk-in shower, wash basin and WC
Room 12. Double room with wardrobe, drawers, television, hairdryer, hospitality tray and en-suite facilities

Adjoining Accommodation
Adjoining accommodation available separately, briefly comprising:
Room 1. Double room
Newly-fitted bathroom with bath, shower, wash basin and WC
Room 2. Single room with en-suite facilities
Room 3. Double room with en-suite facilities
Room 4. Double room with en-suite facilities
Room 5. Large double room with en-suite facilities
Room 6. Single room with en-suite facilities
Large attic room with en-suite facilities

External
Easily maintained garden forecourt
Garden area to rear
Free off-street parking in the vicinity

Tenure
Advised freehold.
Adjoining accommodation available for 245,000 generating additional income of approximately 12,000 per annum.

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

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Disclaimer

Property reference 1986. 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.