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7 bedroom guest house for sale

2668 Bay View Guest House, Marine Terrace, Criccieth, LL52

£365,000

Property Description

Key features

  • Occupies an ideal location overlooking the sandy beach in Criccieth
  • Criccieth is a popular seaside resort, which lies approximately 5 miles west of Porthmadog
  • T/O: 35,000 GP: 77%
  • Boasts 7 en-suite letting bedrooms and 2 owners' rooms
  • There is a website in place with information about the guest house

Full description

Tenure: Freehold

Location
Bay View Guest House occupies an ideal location overlooking the sandy beach in Criccieth, North Wales. Situated on Marine Parade, the guest house boasts easy access to the beach and the ruins of Criccieth Castle. The town's local amenities, including the railway station, are within easy walking distance. Criccieth is a popular seaside resort, which lies approximately 5 miles west of Porthmadog, 9 miles east of Pwllheli and 17 miles south of Caernarfon. The area is easily accessible via the A497 and the A487, which leads to the A55 North Wales expressway.

Business History
Preferred Commercial is delighted to offer for sale this popular seafront guest house, which was established in 1970 and which has been in our clients' careful hands since 2002. The business is only now being placed on the market due to our clients' wish to retire. Bay View Guest House boasts 7 en-suite letting bedrooms and 2 owners' rooms. At present the business is run at a pace to suit our clients and operates from March to October and generates a turnover in the region of 35,000 per annum with a gross profit of 77%. There is scope for a new owner to increase turnover by opening all year round, offering evening meals and there is the internal configuration to add a further 2 letting rooms if desired. There is also scope to replace some of the single beds with bunks and market the guest house more toward families. There is a website in place with information about the guest house, which we feel could be further developed to offer information about the area and its attractions and perhaps, on-line booking facilities. We feel this is an ideal opportunity to acquire an easily run guest house in such a superb location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: 35,000 approx.
GP: 77%
Huge scope

Opening Hours
March - October
Scope to open all year

Accommodation Details
Substantial 4-storey mid terrace Victorian property overlooking the beach and castle. Briefly comprising:

Ground Floor
Porch leading to reception area
Dining room/lounge/bar with tables and chairs laid out for 20 covers, bay window, bar area with optics display and refrigerator
WC and cloakroom
Owners' lounge
Kitchen with a range of fitted units, non-slip flooring, double oven and gas hob, 2 x microwave ovens, commercial sink, stainless steel preparation surfaces, dishwasher, 2 x toasters and 2 x refrigerators
Utility room with 4 x refrigerators, washer/dryer, door to rear garden

First Floor
Owners' accommodation comprising 2 x double bedrooms with fitted wardrobes, joined by Jack & Jill bathroom with bath, WC and wash basin
Room 1: Twin room with bay window offering sea view, en-suite bathroom with bath, shower, WC and wash basin

Second Floor
Room 2: Double room with en-suite shower, WC and wash basin
Room 3: Double and single room with en-suite bath, shower, WC and wash basin
Room 4: Double and single with sea view and en-suite bath, WC and wash basin
Store room

Third Floor
Room 5: Double and single with en-suite shower, WC and wash basin
Room 6: Double and single with en-suite shower, WC and wash basin
Room 7: Double room with sea view and en-suite bath, shower WC and wash basin
Store room

External
Enclosed patio garden area with external boiler room to rear
Small seating area to front

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

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Disclaimer

Property reference 2668. 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.