Business for Sale in SIDMOUTH, Devon GUEST HOUSE

Key Information

Reference

H035405N

Tenure

Freehold

Status

For Sale

Region

Devon

Sector

Guest Houses

Annual Sales

£79,610.00 Exc. VAT

Accommodation

Yes

Business Information

Immaculate GUEST HOUSE, affluent sought after EAST DEVON coastal resort, a detached property with car park, situated in sought after SIDMOUTH, within highly desirable residential/conservation area, host to many prestigious properties, ideally positioned for the beach/seafront, town centre, eating establishments, woodland/riverside walks, South West coastal path, and other attractions, ensures good levels of bookings always held.

A substantial property, the subject of considerable and ongoing refurbishment/investment over the years to reach the current high standard. Offers 8 superior letting rooms, all en-suite, capacity 15, but only trades off 7 rooms to suit vendor’s lifestyle. Additional guest lounge, guest dining room, reception/office, laundry/utility room and cloakroom. Rarely available attached self-contained 3 bedroom owners accommodation, includes stylish modern kitchen/breakfast room, spacious lounge/dining room, and luxury bathroom.

Thriving respected business, same owners 15 years, excellent reviews received, regular/repeat guests, only trades 8 months each year, Sales 2023 £79,610, adjusted Net Profits in excess of £55,000, could easily increase through trading all year round and use of additional letting room boosting income. Viewing recommended to appreciate size, layout, trading position, standard of presentation, and other opportunities available to new owners.

Freehold £685,000 sav Ref: H035405N