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8971DE DERBY FREEHOLD: £825,000 FREEHOLD GUEST HOUSE

Asking Price: GBP 825000
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Business Location: United Kingdom » Derby » DERBY 
Category: Leisure » Hotels & Holiday Accommodation
Description:
Advent Business Sales have been instructed
to offer for sale this delightful guest house.
The building itself is a Victorian mid terrace
and was built in 1901. Originally part of
the premise was the coach house for the
tavern next door. Over the years additions
have been made to bring it to current day
standard.
With over 50 years of trading as a guest
house and with the current vendors at the
helm since 2003, they are pleased to offer for
sale due to imminent plans to relocated.
The premises have been substantially
refurbished by the vendor including a
separate owners accommodation, which
itself is of an impressive size.
The guest house comprises 9 guest rooms,
some of which have en-suite facilities.
Every room has been updated to current
requisite standards.
A complete electrical overhaul has been
carried out to comply with today’s
requirements.
The business has experienced increasing trade
year on year and currently has a 3 star Visit
Britain accreditation.
Staffed by the vendors, a husband and wife
team, care and attention has been injected
into providing excellent service, ensuring
repeat business.
The guest house has its own web site and
has good representation in tourist
information guides.
This is an excellent and exciting opportunity
for any new owner to obtain an attractive
and spacious guest house in Derby city
centre.
REF: 8971DE
 
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Financial Information:  
Annual gross sales: (GBP) 45000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2003
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: 7 days
Reasons for selling:
 sale due to imminent plans to relocated
Market competition and expansion:
 Further advertising would benefit the business considerably. Alternatively application for a change of use to incorporate a medical or dental surgery could be advantageous
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