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9 bedroom guest house for sale

West Bridgford, Nottingham

£375,000

Property Description

Full description

Tenure: Freehold

EXCELLENT GUEST HOUSE - NOTTINGHAMSHIRE
Advised annual turnover of 69,000 with good GP returns
Ideal location just outside the city centre of Nottingham
9 bedroom property with public and private areas
Sale price includes all general fixtures and fittings
Early interest and viewing is recommended
Ideal lifestyle change opportunity
Ideal development opportunity
Leasehold option available
Off road parking facilities
Genuine reason for sale
FREEHOLD

Location

This superb freehold guest house has a prime trading location just outside the city centre of Nottingham, standing proud on one of the city's main access roads. The location is ideal, as there is a mass of passing motorists and city visitors on a daily basis. The location also benefits the guests as the city centre is within a short walking distance making it an easy convenience. The Broad Marsh Shopping Centre is under 1.5 miles away and approximately 20 minutes on foot. Nottingham is a hugely desirable business and residential location due to its excellent shopping, fine houses, good schools, NHS services, well maintained parks and many attractions including Old Market Square which is a 22,000 sq/m open space and the largest of its kind in England. The guest house is situated less than 7 miles away from the M1 motorway making visiting and commuting very easy. The business is within easy walking distance of Trent Bridge Cricket Ground, Nottingham Forest and Notts County football clubs with the National Water Sports Centre at Holme Pierrepont just 1.5 miles away.


Business History

Meridian Business Sales are delighted to offer for sale this superb guest house which has a proud history dating back to the early 1980s. Since 2003 it has been owned and run by our client who is only now placing it onto the market due to relocation. The business which is run and managed by our clients with the assistance of staff achieves a very respectable advised annual turnover of 69,000 which is derived from offering accommodation to a wide range of customers throughout the year. The business has always enjoyed excellent levels of repeat trade due to its highly favourable location and ease of access to the city. Our client is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel that this is an ideal lifestyle change opportunity for a couple or individual who is looking for a well placed property situated in a highly desirable area. We would like to urge very early interest in this opportunity as guest houses of this calibre rarely appear onto the market.


Financial Profile

Turnover: 69,000pa
Stock approximately: 200


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

Detached corner property comprising of 6 vehicle front parking, 2-3 rear private parking, 9 total bedrooms private lounge, dining room, bathroom and kitchen. Guest lounge with pool table and dining room with communal rear yard area, all being well presented and appointed throughout, briefly comprising:

GROUND FLOOR
Secure side entrance with reception corridor leading to guest lounge with pool table and seating, dining room with guest dining tables and chairs and breakfast server.

Private owner accommodation - 1 double bedroom, lounge, dining room/office study, bathroom with toilet, bath and wash basin, kitchen and laundry/storage space.

FIRST FLOOR
Reception landing
Bedroom 2 - Triple with en-suite toilet, shower & wash basin
Bedroom 3 - Twin with en-suite toilet, shower & wash basin
Bedroom 4 - Triple standard room
Bedroom 5 - Triple standard room
Bedroom 6 - Twin standard room
Bedroom 7 - Twin standard room
2 x bathrooms with bath/shower

SECOND FLOOR
Reception landing
Bedroom 8 - Triple standard room
Bedroom 9 - Triple standard room
Bathroom with toilet, shower and wash basin

EXTERNAL
Front guest parking for up to 6 vehicles
Additional parking to rear for 2-3 vehicles
Rear patio with dining / seating space

Listing History

Added on Rightmove:
22 June 2011

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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Disclaimer

Property reference 2636. 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 Meridian Business Sales Ltd, Bolton. 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.