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7 bedroom guest house for sale

Mount Pleasant South, YO22


Property Description

Full description

Winner of Certificate of Excellence from 2011 and each consecutive year to-date
Scope to further develop the business - 3 phase electric installed in 2010
High amount of regular and repeat trade for 2016 and 2017
Situated in the desirable village of Robin Hood's Bay
Well established and highly reputed business
Ranked number 7 of 29 on TripAdvisor
Advised annual turnover of 70,000
9.5 rating on
Genuine reason for sale
Walk in condition

This superb bed and breakfast is situated in the desirable village of Robin Hood's Bay, Whitby, North Yorkshire. The business is surrounded by residential properties, same business types, leisure facilities and much more which are all beneficial for the business. The beach and the old village are just a 5 minutes walk away from the bed and breakfast. The village is situated five miles south of Whitby and 15 miles north of Scarborough on the coast of North Yorkshire. The village connects to the A171 allowing access to Whitby and Scarborough. Robin Hood's Bay is the eastern terminus of Wainwright's Coast to Coast Walk, it is also on the coastal section of the Cleveland Way, a long distance footpath. This village is easily reached via the B1447 making commuting easy for anyone who wishes to visit.

Business History
Meridian Business Sales are delighted to offer to the market this family run bed and breakfast which was established by our clients in 1998. The only reason this brilliant business is being offered to the market is due to our clients desire to take a well deserved retirement.

Since the business was established our clients have built up a strong reputation within the local community and beyond and as such have a high level of regular and repeat trade alongside good word of mouth recommendations due to the warm welcome provided.

Our clients inform us that annual turnover currently runs at 70,000 which is derived from offering clean, quiet and comfortable accommodation alongside a delicious breakfast menu.

A full English breakfast is served in the dining room. All guests are offered a fresh seasonal fruit salad and a choice of cereals. Cooked breakfast consists of free range eggs, local handmade pork sausages, bacon, Mushrooms and much more. Vegetarian and gluten-free options are available also a continental breakfast.

The bed and breakfast comprises of 7 en-suite letting rooms. All rooms have a flat screen TV/ DVD, hairdryers, free WiFi connection, generous hospitality trays and packed lunches on request.

Our clients request a non-refundable deposit of 30 per room which is required to be received within 5 days to confirm bookings. They offer 3 nights for the price of 2 or 4 nights for the price of 3 Sunday - Thursdays between November and the end of March. There is a minimum 2 night stay on Bank Holidays, School holidays, Valentines weekend and Victorian weekend.

Our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. They have invested time and money into the business and premises to the point where it is in full walk in condition. A large extension was built onto the side of the house in 2008, adding a further 2 double
bedrooms, bathroom and the existing kitchen was extended. Currently used as owners accommodation, this part of the house could easily be converted into a private two bed flat with separate access from the side of the house.

The business has been run at a pace to suit our clients lifestyle, meaning that there is scope for a future purchaser to further develop the business by introducing evening dining to increase the turnover.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this tremendous business is not to be missed.

Financial Profile
Turnover: 70,000pa

We are advised Freehold

Opening Hours
7 days a week (except Christmas)

1893 Victorian semi-detached property briefly comprising:

There is an extension on the ground floor which is currently used as owners accommodation.
2 x double bedrooms
1 x large lounge for owners use only with open coal/ log
Kitchen area
Dining room which is used to serve clients breakfast

Client accommodation:
2 x double en-suite bedrooms
2 x single en-suite bedrooms

2 x double en-suite bedrooms
1 x single en-suite bedroom
Two of the double rooms can be used as twin bedrooms and two of the single bedrooms have 3ft beds and ensuite shower rooms.

Outside seating area at the front of house Secure storage for cycles etc.
in the private walled back yard Side driveway - parking for 1 car

Listing History

Added on Rightmove:
19 April 2016

Map & Street View

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