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Guest Houses and B&Bs, North Yorkshire

£699,950

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

8 bedroom guest house for sale

Key features

  • Eight letting rooms but only six used at present
  • Impressive and deceptively spacious three storey building with potential for further development
  • Located in one of the most sought after locations in York
  • Easily run by husband and wife team

Description

GUEST HOUSE (EIGHT LETTING ROOMS, ONLY SIX USED) in York for Sale.

Ernest Wilson are delighted to bring to market this long established Guest House occupying a prime trading position just a few minutes’ walk from the walled city in this pleasant suburban site. The business has been successfully operated by our clients since 2005 and is offered for sale as they look towards the next chapter of their lives. Weekly turnover £2,000. The business trades over 48 weeks per year and currently over limited capacity of using only six of the eight letting rooms - massive potential for younger enthusiastic new owners to utilise more of the property to further boost trade. Our clients used to offer breakfast to guests however since COVID this service has no longer been offered - there is an under-utilised dining room on the ground floor - new owners could re-introduce meals or alternatively convert this large room in to an additional letting room (subject to any necessary consents). The owner’s private accommodation would also be ideal for use as a self-contained apartment / AirBNB style let if not required by the new owners as living accommodation.

The substantial and imposing mid-terrace premises are arranged over four floors, occupying a prime trading position with easy roadside parking and comprise. Ground Floor entrance hall with magnetic door release, under-utilised / former dining room. Access to the owner’s private accommodation comprising lounge, kitchen, bathroom and double bedroom, surrounding a private and enclosed courtyard - access for bin storage via private passageway.

First floor provides three double rooms (two en-suite), private bathroom plus office which was formally a single bedroom with en-suite.

Second floor provides three double rooms, all en-suite

Third floor accessed via spiral staircase provides an additional en-suite room which is presently used as additional private family accommodation. EPC Band C.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

Notes

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Disclaimer - Property reference 590528. 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 Ernest Wilson & Co Limited, EW Leeds. 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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