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13 bedroom guest house for sale

Symonds Yat, HR9

£110,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

B&B IN BEAUTIFUL SURROUNDINGS - HEREFORDSHIRE
Advised annual turnover of 131,693 with good GP margin
12 letting rooms and 1 bed owners' accommodation
Early viewing essential to fully appreciate
Ideal husband and wife opportunity
Well known and popular business
LEASEHOLD


Location

This fabulous 12 letting room bed & breakfast is located on the banks of the River Wye in the village of Symonds Yat East, the business fronts the river and is well known for its stunning views and location. Symonds Yat East is a quaint and picturesque village about five miles west of Ross on Wye in the county of Herefordshire. It has been a popular tourist destination for holiday makers for many years offering activities such as canoeing and kayaking down the rapids, boat trips, a maze and country pubs and is conveniently situated for Hereford, Gloucester, Monmouth, Cheltenham and Chepstow and enjoys excellent road links to Cardiff and South Wales.


Business History

Meridian Business Sales are delighted to offer to the market this well presented bed & breakfast which has been established since the 1970's and in the careful hands of our clients since 2008. The only reason this rare opportunity is being offered to the market, is due to our clients desire to concentrate on other business interests. Since our clients took ownership of the business they have ensured the business is well presented and maintained giving any new owner a true turnkey opportunity. Our clients inform us that the annual turnover currently runs at 131,693 with good profit margins, which is derived from offering excellent bed & breakfast facilities to all who wish to visit. The bed & breakfast is extremely popular due to its location and its forward bookings run well into 2012. This is superb opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 120,000pa
Stock approximately: 1,000


Tenure

Leasehold
Original length: 10 years
Remaining: 7 years
Rent: 40,000pa


Opening Hours

Trades all year round


Accommodation

Detached property in an elevated position over looking the River Wye, briefly comprising:

Ground Floor
Private driveway leading to detached property set in its own grounds with secure entrance leading to:

Reception, fully equipped kitchen and utility area, well presented bar with ample seating space and toilet facilities.

2 double bedrooms with en-suite

Suite One - Kitchen/diner, lounge, double bedroom and bathroom

Suite Two - Kitchen/diner, lounge, double bedroom and bathroom

First Floor
1 single room with en-suite
7 double rooms with en-suite

Owners Accommodation
Lounge, kitchen and bedroom with shower in room and a separate W/C

External
Car park for 10 vehicles, beautiful gardens and terrace over looking the River plus seating area and feature pond.

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 2735. 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.