4 bedroom hotel for sale

Crescent Place, Whitby, YO21

£425,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

EXCEPTIONAL SELF CONTAINED HOLIDAY FLATS
Early viewing highly essential to fully appreciate
Long established and highly reputed business
Situated in the coastal resort of Whitby
Well appointed and presented throughout
Advised annual turnover of 32,000
Scope for further development
Genuine reason for sale
4 self contained flats
FREEHOLD


Location

These beautifully presented holiday lets are located close to the sea front in the popular tourist destination of Whitby, in North Yorkshire, it is in a high footfall position ideal for a business of this nature. Whitby is a town and civil parish in the Scarborough district of North Yorkshire. It has featured in many television dramas and most famously in Bram Stoker's novel Dracula. Whitby is popular for general tourists but in particular with walkers and cyclists, the famous Magpie restaurant is within a short distance of the business and the popular golf course is also within a 2 minute drive. Whitby is reached easily via the A171, A169 and the A174 linking the town with nearby Scarborough, Middlesbrough and Pickering, the A1M provides access to the UK's wider motorway network.


Business History

Meridian Business Sales are delighted to offer for sale this superb business which has been established for over 30 years and has been in the careful hands of our clients since 2000. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. 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 32,000 which is derived from the letting of well presented self catering apartments to all who wish to visit. The apartments are extremely popular due to its' location in the business district and its forward bookings run well into 2014. 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 this business is not to be missed.


Financial Profile

Turnover: 32,000pa


Tenure

We are advised freehold


Accommodation

Well presented 4 storey property, briefly comprising:


FLAT 1 (Basement/Ground Floor)
Secure entrance leading to:
Lounge with bed settee
Fully fitted kitchen
Bathroom
Shower room
2x bedrooms
Utility area
FLAT 2 (Ground Floor)

Secure entrance leading to:

Studio apartment

Open plan lounge, bedroom and fully fitted kitchen
Shower room

FLAT 3 (First Floor)

Secure entrance leading to:
Lounge with double studio couch
Fully fitted kitchen
Shower room
Bedroom


FLAT 4 (Second Floor)

Secure entrance leading to:

Lounge
Fully fitted kitchen
Bathroom
2x bedrooms
Utility area
EXTERNAL

Rear yard
Outhouse used as utility area

Nearest stations

  • Whitby (0.3 mi)
  • Ruswarp (1.4 mi)
  • Sleights (2.6 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 & Street View

Nearest stations

  • Whitby (0.3 mi)
  • Ruswarp (1.4 mi)
  • Sleights (2.6 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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