8 bedroom guest house for sale

Park Avenue,Skegness,PE25

£249,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

7 LETTING ROOM GUEST HOUSE - LINCOLNSHIRE
Early viewing essential to fully appreciate
Situated in the tourist resort of Skegness
Advised annual turnover of 5,000
Scope for further development
1 bedroom owners' apartment
Genuine reason for sale
In need of modernising
FREEHOLD


Location

This superb bed & breakfast is located on a quiet tree lined street in the popular and thriving resort of Skegness in Lincolnshire. The guest houses position is ideal for all that Skegness has to offer being only minutes walk to the award winning seafront gardens plus the numerous resort attractions to include seafront theatre, crazy golf and many more. A further 3 minutes walk is the centre of Skegness where a wide variety of entertainment and shops can be found. The business is surrounded by a wealth of complimentary shops, hotels and guest houses all of which bring high tourist numbers to the resort. Skegness and the surrounding resorts and villages have strong road and rail links with mainline train station and the A52 and A158 trunk roads.


Business History

Meridian Business Sales are delighted to offer for sale this superb guest house which was established around 30 years ago and has been in the careful hands of our clients for the last 15 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 5,000 which is derived from offering welcoming bed & breakfast services to all who wish to visit. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 5,000pa


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

Well maintained 3 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to

Comfortable lounge area for guest

Dining room with ample tables and chairs for 14 covers

Guest bedroom 1 - Double room with en-suite

Toilet with wash basin

Owners' Apartment
Lounge
Dining room
Fully fitted kitchen
Double bedroom
Bathroom

FIRST FLOOR
Guest bedroom 2 - Twin room with en-suite
Guest bedroom 3 - Double room with en-suite
Guest bedroom 4 - Double room with en-suite
Guest bedroom 5 - Double room with en-suite

SECOND FLOOR
Guest bedroom 6 - Double room with en-suite
Guest bedroom 7 - Double room with en-suite

EXTERNAL
Parking for up to 7 vehicles
Rear paved garden area with shed

Nearest stations

  • Skegness (0.5 mi)
  • Havenhouse (3.7 mi)
  • Wainfleet (5.4 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.

Street View

Nearest stations

  • Skegness (0.5 mi)
  • Havenhouse (3.7 mi)
  • Wainfleet (5.4 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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