8 bedroom guest house for sale

Wells-Next-The-Sea, Norfolk, NR23

£880,000

Property Description

Commercial information

  • Business for sale

Key features

  • Highly Desirable Seaside Town Location
  • 8 Guest Bedrooms
  • Approximately 100 yards from Sea Front (30 ft Above Sea Level)
  • Enjoys a Great Reputation
  • Much Repeat Business
  • Property and Rooms to High Specification
  • Four Star Rating from Visit England
  • Visit England Award for Breakfast
  • 2 Bedroom Separate Owners Accommodation / Cottage
  • Viewed Highly Recommended

Full description

Tenure: Freehold

Wells next the Sea is a popular holiday destination for families in the summer. Older couples and groups, predominantly birdwatchers, cyclists and walkers come throughout the year either as couples or as part of one of the many large and small parties that come to Wells. There is some commercial trade, mainly outside the summer season. The town has a thriving crab, lobster and whelk fishing port and is a popular 'ghilling' destination.

The town has a fine beach with a good number of beach huts adjoining Holkham beach which is widely regarded as one of the finest in the U.K. The town has a number of pubs, restaurants and cafés to support the visiting clientèle.

The Cobblers Guest House is ideally situated some 30 ft above sea level in the middle of the town and is 100 yards from the sea front and less than 300 yards from all the towns many and varied eateries. The Cobblers is an eight bedroomed property with a separate high specification two bed owners cottage in the garden. It has been trading for over thirty years and has built up an enviable reputation and attracts many repeat customers, who obviously enjoy its period appeal and ambience.


ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY
The main house consists of eight letting bedrooms of which seven are en suite and the eighth has its own private bathroom opposite. Spread over three floors the rooms are of varying sizes. The property is thought to have been built through the wars and as a result the rooms and layout inevitably are of that era. It makes a very suitable guest house but is not suitable for a boutique hotel. On the ground floor is the breakfast room, sitting room, a conservatory and two bedrooms. All bedrooms and the sitting room have digital T.V's. The curtains throughout the property have recently been replaced. The carpets were replaced a few years ago. There are six double rooms (one of which can be three berth) and two singles. Five of the doubles have 'zip and link' to allow for conversion to twin bedded rooms. There are eight off street parking places. The property is currently rated four stars by Visit England and has a breakfast award. As stated earlier, there is a very good percentage of repeat customers and the property will be sold with good ongoing bookings.

The owners cottage was completely refurbished earlier this year and is ideal for either a couple or a couple with one other or a child. It has its own parking space and to the rear is a private decking area for relaxation. The flower beds have been converted into a kitchen garden and boasts a prolific mulberry and fig tree.

There is an insulated plastered garden office with electricity and a workshop - both some 10 x 12 ft. In addition there is a garden shed and a storage shed.

The fire alarm system is inspected every six months and the gas boiler is serviced annually.


THE BUSINESS ITSELF

This business presents many options for a new owner. Currently turning over in excess of 100k p.a. with the high G.P. you would expect from this type of business, there is much scope for growth. A working couple could dramatically improve the bottom line as the vendor employs staff. The layout of the property, with the separate owners accommodation, means that the entire property could be rented out for house parties, an option that is currently utilised at Xmas and New Year. Currently providing B & B only, there is scope to offer evening meals. Over the last few years the average has been around 3000 nights covering an eleven month period.

There is an online booking system and the domain name is included in the sale.


INFORMATION

Our Reference
GH32240E.

Tenure
Freehold.

Viewing
Strictly by appointment only, please call our Norwich Office on (01603) 28 08 73 to make an appointment.

Finance
Finance available to suitable purchasers

Business to Sell or Let?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

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1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Sheringham (14.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F East Anglia, Norwich

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 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

  • Sheringham (14.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F East Anglia, Norwich

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 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.

Disclaimer - Property reference GH32240E. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by EM&F East Anglia, Norwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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