Compton, Leek, Staffordshire, ST13

The historical market town of Leek is located in North Staffordshire on the edge of the Staffordshire Moorlands. It borders the counties of Derbyshire and Cheshire. The Green Man Guesthouse is located in an area of high footfall on the edge of Leek town centre, home to an array of independent and larger retail businesses. Notable attractions in the area include Rudyard Lake Steam Railway and Alton Towers, whilst the Peak District National Park and the Staffordshire Moorlands offer stunning scenery, walking and cycling routes.

Leek has good motoring links, being situated at the junction of the A53 and the A523 which provide easy access to the nearby towns of Stoke-on-Trent (and the M6) (12 miles), Macclesfield (13 miles) and Buxton (12.5 miles).

The Green Man Guesthouse, formerly a public house dating back to the 19th century, is set over two storeys of brick construction under a pitch slate roof and has two purpose-built letting accommodation buildings to the rear and side of the main house. The property's site is 9,580 square feet.

The Green Man Guesthouse is a 3 star bed and breakfast which has been operated by our clients since 2014. They have now decided to sell due to retirement. The property sits in a prime location on the edge of Leek town centre and is popular with walkers and cyclists visiting the area. It also hosts guests who are attending weddings at local venues and visitors to Alton Towers theme park.

The business is well established and enjoys excellent reviews on Tripadvisor, Booking.com and Google. Its year-round occupancy levels are in the region of 57% and room tariffs range from £55 - £110 per night.

The business does offer potential for further growth through the conversion of the owner's accommodation in the main building to create additional letting rooms. The business could also offer evening meals. More extensive marketing may increase occupancy levels still further.

We are advised net sales are in the region of £86,000 per annum with full trade accounts available upon request and with the consent of our clients.

FREEHOLD £750,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.