Guest House for sale

Coventry Road,Yardley,Birmingham,B26

£420,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

EXCEPTIONAL FREEHOLD GUEST HOUSE - WEST MIDLANDS
Established by our clients in 1984 (25 years of trade)
Sale price includes all business fixtures and fittings
Advised turnover 30,000 PA with good GP returns
Early interest and viewing is highly recommended
5 guest bedrooms plus owners' accommodation
Ideal location in South Yardley, Birmingham
Excellent presentation throughout
Genuine retirement sale
FREEHOLD


Location

This oustanding guest house is situated in a highly desirable area of South Yardley which is part of Birmingham. The business has an ideal trading location situated on Coventry Road which is a main through road linking the city centre of Birmingham to Solihull, The NEC and Birmingham International Airport. Coventry Road is used by thousands of commuters and city visitors both foreign and domestic on a daily basis resulting in the road having one of the highest levels of passing trade in the city. The surrounding area has an excellent display of upmarket residential homes, large shopping centres, clean and pleasant parks and a good variety of corporate style business. The guest house benefits massively from its surroundings as it is an excellent central position to enjoy the areas many leisure facilities. The guest house also benefits from having easy access to the M6 and M42 motorways which are both less than 5 miles away.


Business History

Meridian Business Sales are delighted to offer for sale this excellent guest house which was first established by our clients in 1985 who after 25 years of service are now looking to retire. The business which is run and managed by our clients achieves a very respectable advised annual turnover of 30,000 which is derived from offering good quality bed and breakfast facilities to a wide variety of customers throughout the year. The guest house has five guest bedrooms (four of which have en-suite facilities) and one single room which has its own neighbouring bathroom. The property also has very good private living accommodation with a large master bedroom with luxury en-suite, private living room with connecting conservatory, family sized kitchen with large utility and rear private gardens. The entire property is exceptionally well presented throughout with our clients going to considerable expense and effort on presentation which has resulted in a truly inviting accommodation which is a pleasure for all who visit. Our clients are very generously including all business fixtures and fittings into the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is without question a beautiful property which is situated in a highly desirable residential area benefiting from a wealth of local attractions and facilities. We would like to advise very early interest in this opportunity as guest houses of this calibre rarely appear on the market.


Financial Profile

Turnover: 30,000pa / Gross profit: 90%
Stock approximately: 200


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

Beautifully presented property briefly comprising;

GROUND FLOOR
Secure front entrance/porch leading to reception corridor accessing: Owners master bedroom with luxury en-suite toilet, shower and wash basin. Dining room open plan with traditional dining tables and chairs. Owners Lounge with feature fireplace and connecting conservatory. Conservatory with seating space, garden views and garden access. Family style kitchen with fitted worktops, wash basin, cupboards and drawers plus panty with storage space. Laundry / utility room with good storage and work space, fridges and freezers. Door access to garden

FIRST FLOOR
Landing accessing, guest room 1 single with wash basin in room; bathroom with toilet and shower; guest room 2 twin en-suite toilet shower and wash basin; guest room 3 family en-suite bath toilet and wash basin

SECOND FLOOR
Landing accessing, guest room 4 twin en-suite toilet, shower and wash basin; guest room 5 twin en-suite toilet shower and wash basin

EXTERNAL
Front off road driveway parking for 4 cars
Rear garden with outside toilet currently used as storage, front paved area with dining / seating space, decorative fencing to lawned area, perimeter flower beds, plants and attractive hedging plus storage shed.


Nearest stations

  • Acocks Green (0.9 mi)
  • Tyseley (1.3 mi)
  • Olton (1.6 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

  • Acocks Green (0.9 mi)
  • Tyseley (1.3 mi)
  • Olton (1.6 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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