Guest House for sale

Loughborough Road,Hathern,LE12

Under Offer 514 sq. m. | £620,000

Property Description

Commercial information

  • Business for sale
  • 5,532 sq ft (514 sq m)

Full description

LOCATION
Leys Guest House occupies substantial detached premises within the village of Hathern in Leicestershire. The property benefits from off-street parking facilities for approximately ten vehicles. Amenities within the village include Hathern parish church, public houses and parks. Hathern is a large village in the Charnwood district of Leicestershire. The village is located in the north of the district, and is just north of Loughborough. The population of the village is approximately 1,800 residents.

The property is ideally located for travelling businessmen, as the East Midlands Airport is just six miles away from the property. Hathern is served by the public transport system with bus stops within easy walking distance of the guest house. The nearest railway station is in Loughborough, approximately 3 miles away. The village is also well served by the A-roads, with the property located just off the busy A6, which links to the vast A-road and motorway networks. Ashby-De-La-Zouch is approximately 11 miles away, Nottingham is 18 miles away and East Midlands Airport is 6 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular guest house business in Hathern, near Loughborough in Leicestershire. The business was established by our clients is 1989 and is only now being offered to the market due to our clients` desire for a well-deserved retirement. The business operates all year round and generates a healthy turnover in the region of 40,000 per annum, with a gross profit of approximately 84%.

Our clients offer 12 en-suite letting rooms and a separate detached bungalow on a bed and breakfast only basis, as well as communal rooms such as the games room. The business has an excellent reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base with a lot of repeat trade and word of mouth referrals.

The premises are very well maintained and decorated to a very high standard. The premises boast a spacious dining room and commercial kitchen. There is also private owners' accommodation with en-suite shower and balcony. Our clients` also have a bar area, which is currently not licenced. We feel there is scope to increase the turnover by embarking on a small marketing campaign to highlight the business and the services offered. There is also scope to offer evening meals and perhaps a selection of beverages.

A new owner could establish a website to promote the business and offer online booking facilities. This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this popular gust house business to the next level; therefore early viewing must come highly recommended.

PREMISES
Large two-storey detached property, with two storey extension and separate one bedroom bungalow, briefly comprising:

Ground floor:

Main property:

Covered entrance porch to main door.
Hall/reception area.
Large dining room with: 20 covers, guest seating area with TV and bar (currently not licenced) and large built-in fish tank.
Owners` lounge area.
Games room with: Pool table, games machines and office area.
Kitchen with: 4 x burner range cooker, griddle, grill with two ovens, floor standing deep fat fryer, fitted wall and base units, washing machine, tumble dryer and boiler.
Pantry with: 2 x upright freezers, refrigerator and small refrigerator.

Extension area with:

2 x WCs.
Shower room with sauna.
Room 6: Four poster double room with sofa bed and en-suite shower.
Room 7: Double with sofa bed and en-suite shower.
Room 8: Twin room with en-suite shower.
Room 0: Twin room with en-suite shower.

First floor:

Room 1: Twin room with large en-suite bathroom with over bath shower.
Room 3: Single or small double with en-suite shower.
Room 4: Family room with double bed, single bed, sofa bed, kitchenette area and en-suite bathroom.
Room 5: twin room with en-suite bathroom with over bath shower.

Owner area:

Double bedroom with en-suite shower and balcony.

Extension area:

Room 9: Double room with sofa bed and en-suite bathroom.
Room 10: Double room with en-suite shower.
Room 11: Double room with sofa bed and en-suite bathroom.
Room 12: Double room with sofa bed and en-suite with Jacuzzi bath.

External:

Separate detached bungalow with lounge, kitchen, bathroom and double bedroom. Externally the bungalow has a carport/covered area.

Large frontage with lawned area and parking for ten vehicles.
Small shed.
Patio area with bench seating.
Private rear yard area.

TENURE
We are advised Freehold.

HOURS
The business is open all year round.

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a healthy turnover in the region of 40,000 per annum, with a gross profit of approximately 84%.

Nearest stations

  • Loughborough (2.6 mi)
  • East Midlands Parkway (4.9 mi)
  • Barrow upon Soar (5.4 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

  • Loughborough (2.6 mi)
  • East Midlands Parkway (4.9 mi)
  • Barrow upon Soar (5.4 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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