10 bedroom guest house for sale

Craythorne HotelAberdeen Walk,Scarborough,YO11

275 sq. m. | £239,950

Property Description

Commercial information

  • Business for sale
  • 2,960 sq ft (275 sq m)

Key features

  • REF: 2797
  • FREEHOLD
  • GUEST HOUSE

Full description

Tenure: Freehold

LOCATION
The Craythorne Hotel occupies substantial four storey premises, ideally located within the very popular seaside town of Scarborough, North Yorkshire. The property is surrounded by similar businesses, residential properties and retail businesses. The business benefits from a very high volume of footfall and passing trade. All the local amenities are within close proximity and the beach is just a 10 minute walk away.

Scarborough is a popular seaside town on the North Sea coast in North Yorkshire. The town became known as the world's first seaside resort in the 1600's, when the health giving properties of the spa waters were discovered. Scarborough has a wide cultural scene, spread across the town and seafront, which draws people not only from around the country, but from across the world.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Scarborough railway station is just over 5 minutes' walk away. The area is also well served by the A-roads, with both the A64 and A615 being within easy driving distance, which link to the national A-road and motorway networks. Whitby is approximately 19 miles away and Bridlington is 17 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular guest house business in Scarborough, North Yorkshire.

The business was established in the 1950's and has been in our client's careful ownership since 2001. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business operates all year round and generates a turnover in the region of 25,000 per annum, with a good gross profit.

The guest house has ten well-presented letting rooms on a bed & breakfast only basis, which is served in a spacious dining room with approximately 16 covers. The business has built up an enviable reputation within the area for the high quality of the accommodation and the service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel the turnover could be increased by embarking on a modest marketing campaign to promote the guest accommodation and service offered. A new owner could also apply for an alcohol licence and launch a website for the business, which could incorporate online booking facilities.

This is an excellent opportunity for a new owner to take this already well-established business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial four storey premises in an ideal location, briefly comprising:

Ground floor with:

Main entrance with small reception area.
Large guest lounge leading to dining room with 16 x covers.
Owners lounge and kitchen with two larders and utility room.
Door to rear yard with car port and access to owners' sun room.

First floor:

Owners accommodation:

Living room/sun lounge.
Double bedroom.
Bathroom with walk-in bath.

Guest accommodation:

Room 2: family room with en-suite shower.
Room 3: double room with en-suite bath.
Room 4: small double with wash basin.
WC.

Second floor:

Bathroom with shower.
Room 6: large single room with wash basin.
Room 7: family room with bunk beds, WC and wash basin.
Room 8: double room with sofa and wash basin.
Room 9: double room with wash basin.

Third floor:

WC.
Shower room.
Room 10: family room with wash basin.
Room 11: twin room with wash basin.
Room 12: small double.

All business related equipment is in the sale including bedroom furniture, TV's tea and coffee making facilities, linen and bedding, dining room furniture, fitted kitchen with oven, dishwasher, plate warmer, general kitchen equipment and utensils.

Exterior:

Well-presented exterior with small front garden area.

TENURE
We are advised freehold.

HOURS
The business operates all year round.

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a turnover in the region of 25,000 per annum, with a good gross profit.

Nearest stations

  • Scarborough (0.2 mi)
  • Seamer (3.0 mi)
  • Filey (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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 & Street View

Nearest stations

  • Scarborough (0.2 mi)
  • Seamer (3.0 mi)
  • Filey (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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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