5 bedroom guest house for saleYork Road, Bridlington, East Riding Of Yorkshire, YO15
1,541 sq. m. | £499,950
- Business for sale
- 16,587 sq ft (1,541 sq m)
- ref: 12995 B
- 5 Self-Catering Holiday Apartments
Location, Location, Location
Bridlington is a thriving seaside town on the East Coast of Yorkshire. This is a popular tourist location due to the great beaches, harbour and town amenities. The stunning Spa Theatre within the town attracts many popular artistes and entertainments throughout the year which brings in visitors many of whom wish to stay and make a short break. The newly opened £25m Leisure World offers a wide range of leisure and sports facilities including a stunning pool together with slide pool, climbing walls together with all the usual sports facilities and classes. Bridlington Old Town is popular with visitors especially following the re-make of the Dad's Army film which used several locations. Bempton Cliffs newly opened RSPB visitor centre is also very popular with visitors. Flamborough lighthouse, Filey Brigg and YWT Living Seas Centre are also just a short drive away. The Tourist Information Centre is just a short walk away from the apartments.
Bridlington town centre is just a short walk from the apartments. The town is filled with a variety of businesses and has all amenities including a cinema, bowling alley, cycle hire. There are many bars, restaurants and cafes in the town as well as a choice of supermarkets for self-catering customers. The two beaches and cliff top walks are well looked after and very popular with visitors. The historic harbour offers other amenities with pleasure boat trips on the famous Yorkshire Belle, speedboat rides or a trip along the coast on the Pirate Ship.
The town has its own train station within walking distance or a short taxi ride away. This has direct lines to Hull, Scarborough, Sheffield and Doncaster and connections across the country. The town also has its own bus station with bus stops on the main road close by, with regular daily routes. This is great for tourists who are looking to explore different parts of the Great British Coastline and market towns.
There are two main A-roads in Bridlington, the A165 and A614 which run to surrounding towns and also connect to the M62 motorway.
Fed up of the rat race, commuting to work through heavy traffic? Fancy a change of lifestyle, a better work/life balance and a change of scenery? Would you like to live at the seaside and be your own boss? Then here's your chance to achieve all this.
For sale, this period property comprises 5 self-contained flats. Set over six floors the property is currently configured to provide a large, spacious, duplex apartment currently occupied by the owners together with an additional four bright and airy self-contained holiday apartments providing a year-round income.
The apartments have all been recently modernised and renovated to a high standard and are all fully equipped and furnished for use as self-catering holiday lettings. Currently operating at just 40% occupancy and providing an annual income of £30k. Easy to run with low overheads together with the capacity to increase occupancy this is a great opportunity for a whole new change of lifestyle.
Situated close to the North Beach, Bridlington with sea views from all apartments these are very popular and highly regarded holiday lettings with high levels of repeat business from highly satisfied customers. With excellent 5 star reviews on Trip Advisor these are considered some of the best holiday apartments in the area.
Donnybrook Holiday Apartments is a six-storey property built in 1896, with excellent seafront views. The property is in keeping with the architecture of the town and looks like the traditional seaside property. There are steps leading up to the entrance from the street.
The entrance hall is spacious, bright and welcoming, with stairs up to the holiday apartments. To the left of the stairs is a secure door, this is access to the owner's accommodation.
The owners' accommodation is set over 2 floors, ground and lower ground floor. The ground floor comprises of a large farmhouse-style dining kitchen; large, period living room with bay window; utility room and a toilet. This could easily be converted back to a letting apartment. Stairs lead down to the lower ground floor accommodation.
The lower ground floor is made up of two large double bedrooms; an office/single bedroom; bathroom with shower and a boiler room. The lower ground floor enjoys underfloor heating. Again, this could be converted into a contained apartment for further letting.
The first-floor apartment has a living room with dining area. There is a fireplace in the centre of the longest wall. A separate kitchen is just off the living room. To the right of the living room are a good sized double bedroom and a separate bathroom with shower. All fixtures and fittings, furniture and kitchen appliances including crockery and cutlery and bed-linen are also included.
Apartment 4 has an open plan kitchen, dining and living room with a sofa bed allowing a group of 4 to stay comfortably. There is a good sized double bedroom and bathroom with shower. Again, all fixtures and fittings, furniture and equipment are included.
An exact replica of apartment 4, apartment 5 has an open plan living room and kitchen with a sofa bed. There is a good sized double bedroom and bathroom with shower. Allowing a group of 4 to stay comfortably. Again, all fixtures and fittings, furniture and equipment are included.
Apartment 6 has an open plan living room and kitchen, with all furniture, equipment and accessories included. It has a double bedroom and bathroom with a shower. Overlooking the sea, there are spectacular views from this apartment.
At the rear of the property is car parking for the owners, plus a bin store with driveway access along the left-hand side of the building, from the front.
We are advised the business is being sold as a Freehold opportunity.
The business is open all year round. They offer a minimum two-night stay, checking in at 2pm and checking out at 10am.
The business is run and managed by our clients.
The business generated a turnover in the region of £20k per annum based on two letting apartments; currently generating approximately £30k based on three letting apartments and expected to generate £40k when the fourth letting apartment comes on stream.
The owners' accommodation (if not required as living accommodation for the new owners) would be an extremely popular holiday let as it can accommodate up to 8 people in its current configuration and has ground floor access. Alternatively, it could be divided into two separate units to provide 2 additional letting units.
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