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The Lawns Guest House, 93-97 London Road, Retford, Nottinghamshire, DN22 7EB

£1,050,000

Business rates & charges may apply

Christie & Co, Nottingham
SECTOR
Guest house for sale

Key features

  • Well presented guest house
  • Turnover c. £200,000 with growth potential
  • 18 en-suite letting bedrooms
  • Good sized car park
  • Managers's accommodation
  • Suitable for alternative uses (STP). Energy Rating D
  • Christie & Co Ref: 5740634

Property description

Tenure: Freehold

Description

The Lawns Guest House represents a three-storey property of traditional rendered brick construction under pitched tiled roofs with a single-storey extension to the rear.

The property comprises a well presented 18 bedroom guest house with communal kitchen facilities, an office and ancillary space.

Externally, there is car parking to the front and rear of the premises for approximately 15 vehicles.

Location

The Lawns Guest Accommodation is situated on the A638 London Road in the Nottinghamshire market town of Retford.

Retford itself is located approximately 26 miles east of Sheffield, 30 miles north of Nottingham and 24 miles north west of Lincoln.

The town is ideally located for exploring everything the surrounding area has to offer, including the historic cathedral city of Lincoln, Rufford Abbey and Welbeck Abbey. Retford train station is less than a mile away and provides direct rail access to London.

Internal Details

Occupying 93-97 London Road, the property comprises 18 well presented en suite letting bedrooms, each with television and tea/coffee making facilities. There are two communal domestic kitchens located at ground floor level, along with an office, laundry room and WC.

Additionally, the property has been extended to the rear to provide an additional en suite letting room with kitchenette, which is currently used as manager’s accommodation.

Fixtures & Fittings

We understand that the trade fixtures and fittings are owned outright and will be included within the sale.

External Details

There is a gravelled car park for approximately 15 vehicles. Additionally, there is an enclosed garden area to the rear of the premises.

Owner's Accommodation

There is a letting room with kitchenette, located in the ground floor rear extension, which is currently utilised as manager's accommodation.

The Opportunity

A rare opportunity to acquire a substantial freehold property on the desirable London Road in Retford. New owners will have the opportunity to increase revenue by reviewing current room rates and embracing the current popularity of the UK staycation market.

Trading Information

For the year ended 31st March 2019 the business produced net sales of £197,041. Further trading information will be made available to genuinely interested parties who have viewed the premises.

Energy Performance Certificates

EPC 1

Brochures

The Lawns Guest House, 93-97 London Road, Retford, Nottinghamshire, DN22 7EB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Retford Station0.6 miles
  • Retford Station0.6 miles

About Christie & Co, Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 5740634-fh. 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 Christie & Co, Nottingham. 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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