12 bedroom guest house for sale

Grassington Lodge, 8 Wood Lane, Grassington, BD23 5LU

£1,150,000

Property Description

Commercial information

  • Use class orders: C1 Hotels

Full description

Tenure: Freehold

Grassington Lodge is a high quality, contemporary guest house with an exceptionally good trading location. Perfectly situated close to the bustling main street of a true honeypot tourist village, this tremendously popular business is operated on simple lines offering great B&B accommodation in a wonderful setting. There is no need for evening meals or a bar as Grassington has lovely pubs and eateries just around the corner, making Grassington Lodge the perfect business-easily run and highly profitable.

Grassington is situated in the beautiful Yorkshire Dales National Park and is busy year round with tourists who come for the wonderful surrounding walks and the delightful bustling centre with its shops, cafes, pubs and restaurants. Gorgeous countryside abounds for miles in all directions and the delightful towns of Skipton, Ilkley and Harrogate are all an easy drive away. The famous 'Calendar Girls' film was based locally, the magnificent Tour de France passed near Grassington in 2014 putting the area on the international cycling map, and there are idyllic places to visit such as Malham Cove, Bolton Abbey, Fountains Abbey and Aysgarth Falls. All in all the Dales are a huge tourist draw and Grassington and Grassington Lodge are the perfect base.

The owners acquired Grassington Lodge in 2004. They added a large rear extension and have continually invested in the facilities so that now Grassington Lodge is one of the best B&B's in the Dales. The decision to sell after many years at the helm gives buyers a rare opportunity to acquire a superb business in this outstandingly popular tourist village.

THE PROPERTY

Grassington Lodge is an attractive detached stone built property with accommodation arranged on ground, first, second and basement floors.

PUBLIC AREAS

Main entrance from the front terrace via a lobby leading into the reception hall. On the right is the lounge, a delightful front room with open fire. To the left is the breakfast room with a lovely light and airy feel and seating for 18. Straight ahead the reception hall leads to the rear lounge with flat screen television, DVD player, DVD library, additional breakfast dining area for 6 and its own access to the car park via a rear lobby. Lovely oak flooring to all ground floor rooms and the reception hall.

LETTING BEDROOM

12 letting bedrooms to sleep 24 (all double or twin). All have television, DVD player, central heating, hospitality tray and WiFi Internet access. Some also have fridge or drinks chiller.

10 of the bedrooms are in Grassington Lodge of which 9 have en suite facilities and one has it's own private bathroom/wc. The 9 en suites comprise 7 shower room/wc, 1 bathroom/wc and 1 bathroom/wc with bath and large separate shower. 8 of the 10 bedrooms have king size bed, 3 with 6 foot super king, 4 with 5 foot king and 1 with king size sleigh bed. The sleigh bed room has stairs to a separate sitting room with large bath and shower room beyond, making a lovely suite.

Two bedrooms are in an adjacent neighbouring property, Vendale. They are large modern rooms with 6 foot super king beds and en suite facilities, one with shower room/wc and one with bathroom/wc with bath and separate shower. Vendale has its own patio and is accessed via the grounds of Grassington Lodge.

Please note Vendale is not part of the Grassington Lodge freehold, being a superb addition to the business via an informal arrangement which the Vendale owner is happy to continue subject to agreement with the new owners of Grassington Lodge.

OWNERS' ACCOMMODATION

The current owners live out although those wishing to live in can very easily create their own entirely private apartment using the letting suite mentioned above plus one or more adjacent rooms as desired.

STAFF ACCOMMODATION

Grassington Lodge has a double bedroom, single bedroom and a shower room/wc for live-in staff.

SERVICE AREAS

Commercial catering kitchen in the basement with both internal and external access stairs.

OUTSIDE

Front terrace for sitting out, side patio with hedge screening, store shed, and car park with 8 spaces plus room for a couple more depending on parking arrangements.

SERVICES

Craven district council - 01756 700600.
Mains electricity, water and drainage. Gas fired central heating.

LICENCE

Unlicensed. The current owners prefer to operate without alcohol service.

WEBSITE

www.grassingtonlodge.co.uk

TELEVISION PUBLICITY

Channel 4 - Four in a Bed Winner

TRADE

Accounts for the year ended 31 March 2016 show turnover 184,139 net of VAT. Grassington Lodge is a highly profitable easily run bed and breakfast business and the owners report that there is scope to increase trade well over 200,000 net. The business is run by staff and just one of the two owners. Detailed trading information will be provided to seriously interested buyers.

PRICE

1,150,000 for the freehold complete with goodwill and trade contents (according to inventory), but excluding personal items. Stock at valuation.

As detailed in the Letting Bedrooms section, two of the twelve letting bedrooms are in an adjacent property known as Vendale which is not part of the Grassington Lodge freehold ownership. These two bedrooms are a superb addition to the business and the owners of Vendale have indicated that they are happy to continue making them available to Grassington Lodge subject to agreement with the new owners.

FINANCE

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.

Energy Performance Certificates (EPCs)

Nearest station

  • Gargrave (7.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Leeds

1 The Broadgate, The Headrow, Leeds, LS1 8EQ

0113 451 0407 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

  • Gargrave (7.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Leeds

1 The Broadgate, The Headrow, Leeds, LS1 8EQ

0113 451 0407 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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