£0 £1000000
£0 £1000000

12 Room Guest House in Seaside Town

Mablethorpe, Lincolnshire

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Sold

£230,000 +SAV

Ref: 14030 F

Freehold

Overview

The business has been operated by the current owners for over 15 years. They are now ready to move on with a new business venture and look to sell.

The Guest house has the benefit of 12 en-suite letting rooms with the potential to expand further. All rooms have been refurbished to a high standard and include flat screen tv’s, tea & coffee making facilities and a microwave oven.

They charge £50 per night for a double and £60-70 per night for a family room with breakfast.

The business is currently operating on a room only basis which would therefore enable a new operator to expand the business further and introduce a breakfast serving and an evening meal option as well as developing the website and social media status.

The guest house once had an enviable reputation as the place to go in the town with multiple pool and darts teams meeting there to congregate around the ground floor bar area.

The business offers an excellent opportunity for an operator to purchase an established guest house within this popular seaside town and either expand the business further or maintain the current operation with the benefit of a good income and an enviable lifestyle by the sea.

Turnover
We are advised the business generates a turnover in the region of £50,000 per annum.





The business is run and managed by the current vendors.

The business is currently operated on a room only basis with guests having keys to enter the premises as they wish.

Situated along Victoria Road just a short stroll away from the centre of Mablethorpe and within a 10-minute walk from the beach. Mablethorpe is a popular holiday destination for family’s and couples alike.

The guest house is easily accessible either by car or on foot and is close to all the main road network links in and out of the seaside town as well as all the towns attractions and amenities.

The location is also just a stroll away from the Mablethorpe Park and is in an ideal location for short and long stay paying guests.

Work is due to start within the area demolishing a large industrial premise, the work is due to last for around 5-7 years; therefore, the guest house should see an increase in guests that are working on the site.

Large detached dwelling located along Victoria Road in Mablethorpe close to Mablethorpe Park.

Twelve en-suite letting rooms with the potential to add more. Fully fitted and functional letting rooms including all the furniture in every room.

Excellent two-bedroom owner’s accommodation, with en-suite facilities and good sized living areas with galley kitchen and outside courtyard.

Fourteen car parking spaces to the rear with on street parking also available and further pay & display options close by.

Main bar area to ground floor, this includes all ancillary devices and bar serving equipment.

Bed linen washing facilities.

Turn key business opportunity in an exceptional location.

Tenure
We are advised the business is being offered on a Freehold basis.

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