11 bedroom guest house for sale

Southport

£375,000

Property Description

Full description

Tenure: Freehold

SUPERB WELL PRESENTED GUEST HOUSE
Located in a residential area in the popular tourist destination of Southport
Current turnover £60,893 with high gross profits
3 bedroom owners’ private accommodation
Outstanding award winning reputation
8 guest letting rooms (7 en-suite)
Scope for further development
Prime corner trading location
Open to part exchange
Recently reduced
FREEHOLD



Location
This superb freehold 8 letting room guest house is located just off the B245 in a substantial corner plot in the popular tourist destination of Southport. It is set in a quiet residential area of the town surrounded by beautiful tree lined streets. Southport is known as England’s classic resort, it is a popular seaside town in the Metropolitan Borough of Sefton, Merseyside. It has long been known for it’s famous Royal Birkdale Golf Course, it’s popular annual flower and air shows and for the architectural beauty of the main shopping area which is situated on Lord Street. Southport is reached easily and has good road access provided via the A585 the A59 and the A570. The town lies approximately 16.5 miles to the north of Liverpool and 14.8 miles to the west/southwest of Preston, Manchester and the Lake District National Park are both within 1 hours drive. Southport is served by the M58 and M6 motorways providing wider access to the UK’s motorway network.


Business History
Meridian Business Sales are delighted to offer to the market this superb 8 letting room guest house which has been established for over 50 years and has been in the careful hands of our client for the previous 13 years. The only reason this excellent opportunity is being offered to the market is due to the unfortunate ill health of our clients. Since our clients took ownership of the business they have built up an outstanding reputation for the quality of their accommodation and standard of service, indeed they were runners up in the Ambassador awards in 2007 for Proprietor of the Year and the have been awarded a Visit England ‘Breakfast Award’ for the last two years, for the quality of their breakfasts. We are informed of an annual turnover of £60,893 with high gross profits which is derived from the lettings of their guest rooms. Our clients currently provide no evening meal service and only a limited bar service providing great scope for any prospective purchaser as due to ill health the business is now run at a pace to suit our client’s needs. The business has been awarded 3 stars by Visit Britain and enjoys a high percentage of repeat and regular visitors. Our clients are currently investing in a new website with full site optimisation that any new buyer would benefit from. The business enjoys a superb, substantial corner plot location with ample private parking with stunning landscaped gardens and is only a 10 minute leisurely walk to Southport’s main Lord Street and all of it’s attractions. Our clients feel the current owners’ accommodation is in need of refurbishment and therefore reduced their asking price from £449,000 to help cover this cost. They are also open to part exchange offers. This is an excellent opportunity to purchase a well established business with an outstanding reputation with great scope for improvement and as such early viewing is highly recommended.


Financial Profile
Turnover: £60,893
Stock approximately: £500


Tenure
We are advised freehold


Opening Hours
Trades all year round


Accommodation
Large semi-detached corner plot briefly comprising:
Secure entrance from private car park leading to welcoming entrance/hallway.

Residents lounge with fully licensed bar

Beautifully presented 16/20 cover dining room.

Staircase to first floor
Door access to office

Door access to rear of bar in residents lounge.

Fully fitted kitchen
Utility room

Storage area
Toilet

Access to rear yard

Door access to basement which is used as owners’ private accommodation.

Basement
2 x double bedrooms.

1 x single bedroom/additional office area.

Private lounge.

Main bathroom.

Small kitchen.

Storage cupboard.

Further external access.

First Floor
Room 1 - Double/twin with en-suite.
Room 2 - Double bedroom.
Shower room designated for room 2.
Room 3 - Double/twin with en-suite.
Spacious storage cupboard.
Room 4 - Double room with en-suite.
Room 5 - Double room with en-suite.
Stairs to second floor.

Second floor
Room 6 - Double room with en-suite.
Room 7 - Family room with en-suite.
Room 8 - Family room with annex and en-suite.

External
Beautifully landscaped gardens.
Private car park for 10 vehicles.
Rear private yard area.
Fire escape to first and second floors.


Nearest stations

  • Southport (0.7 mi)
  • Meols Cop (1.2 mi)
  • Birkdale (1.7 mi)
Distances are straight line measurements from centre of postcode

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

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map

Nearest stations

  • Southport (0.7 mi)
  • Meols Cop (1.2 mi)
  • Birkdale (1.7 mi)
Distances are straight line measurements from centre of postcode

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

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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