5 bedroom guest house for sale

Galgate, Barnard Castle, County Durham, DL12

Under Offer £69,995

Property Description

Commercial information

  • Business for sale

Key features

  • Fully licensed guest house, excellent tourist location
  • 2015 turnover 49,000 approx
  • Huge potential, beautifully maintained
  • Viewing very highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a well established and profitable guest house, with excellent potential for sustained and future growth. Homelands is a fantastic guest house offering 5 beautifully prepared, letting rooms, 4 of which are en-suite, including the Garden en-suite, in the County Durham town of Barnard Castle.

"Homelands Guest House is situated in the market town of Barnard Castle, within easy reach of the Yorkshire Dales and the Lake District, as well as the cultural and shopping centres of Newcastle and Harrogate. The A1 is just 20 minutes away."
homelandsguesthouse.co.uk

This fantastic traditional guest house is located on a prominent main road position at the very heart of Barnard Castle and within a large number of quality residential dwellings and other small businesses.

Having successfully operated in the town for many decades and under current ownership for 3 years, this business has over the years, become very highly renowned and earned itself an excellent reputation for offering the best bed and breakfast facilities and bar service during the evenings and a very special treat for guests, The Garden En Suite which is a ground floor room at the rear of the garden.

Due to the nature of the business the owners benefit from a large number of satisfied customers, therefore attracting repeat trade to both business and large numbers of annual holiday makers. All services always come with a warm, friendly and a very local smile.

The business operates from highly visible single fronted terraced premises, which is presented to an excellent standard with an excellent range of fixtures and fittings to go with the sale.

Homelands is a thriving and lucrative business, which is run by the owners 12 months of the year, but have a near full occupancy during the summer months. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or family that have the opportunity to assist the business to continue to thrive or consider other business opportunities such as residential avenues.

This is a first class, high turnover, excellent business opportunity with fantastic scope for future growth. Viewing is therefore highly recommended to avoid disappointment.

ANNUAL TURNOVER
2015 - 49,000

ACCOUNTS
Current records and accounts can be inspected when viewing.

STAFF
Operated by the owners.

PROPERTY
Single fronted terraced property occupying a prominent main road position. A small gated entrance takes you through the quaint little front garden area to the front door of this beautiful property. Upon entrance, the main hall leads through to an attractive lounge/dining area, leading to the lounge which offers comfortable seating. The rear of the garden is also where you can locate the fantastic external rental room that is generally fully booked. The fully fitted kitchen, breakfast bar and range cooker can be located to the rear of the property, where a conservatory can also be found.

The upper two floors provide the guest accommodation as well as the owner's accommodation, which consists of five beautifully decorated, fully carpeted bedrooms and central heating, 4 of the rooms are en-suite. All rooms have a TV with digital boxes, a hairdryer and a clock. Three of the rooms are on the first floor and two rooms for the owners are on the second floor. All bathrooms have either a bath and shower or just a shower. One of the rooms benefits from having its own private bathroom.

TENURE
This is a leasehold business with a rental of 1050 monthly with 10 years remaining on the lease.

SUMMARY
A fantastic and rare opportunity to, purchase a highly profitable business with terrific potential for future growth and improvement. To avoid disappointment, viewing is highly recommended.

More information from this agent

Nearest station

  • Bishop Auckland (12.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 station

  • Bishop Auckland (12.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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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