£0 £1000000
£0 £1000000

Beautiful Guest House For Sale

Mablethorpe, Lincolnshire

< 1-29 >

Enlarge

For Sale

£575,995 +SAV

Ref: B06267

Freehold

Overview

Please quote reference B06267

Hilton Smythe is delighted to welcome to the market this stunning, guest house with an enviable reputation.

Victoria Guest House has been trading for over 20 years and been in our client’s careful ownership since 2019, now only being offered to the market as our clients are relocating.

The business has an excellent reputation with guests for the high-quality service and excellent accommodation, which has resulted in a loyal client base and has given the business a lot of repeat trade and word of mouth referrals resulting in bookings from all four corners.

Victoria Guest House is popular with tourists, wedding parties, walkers, businesspeople, one off weekend breaks and contractors.

The business has a choice of 9 en-suite bedrooms, ranging from doubles, twin and family king and super king rooms. They are a 'dog friendly' guest house and have several pet friendly rooms.

Over the last few years, the guest house itself has been very well maintained with a recent renovation costing around £100,000 including jacuzzi and sauna and so can now be found in great condition throughout.

Turnover is generated by offering 9 letting rooms and 1 self-catering apartment.

-FREE WIFI throughout the premises Onsite parking available for guests

-Licenced bar open to residents and non-residents

-Restaurant open to residents and non-residents.

-Serving breakfast and evening meals.

-Also holds several themed nights throughout the year.

-Pool table, darts board, fruit machine and other bar games

There is scope to increase turn over with the introduction of online partner booking sites, perhaps national press marketing to attract and grow the weekend break experience.

This is an excellent opportunity for a new owner to take this exciting business opportunity to the next level.

Viewing is highly recommended to fully appreciate.

Turnover
Financial information available upon request.

Please quote reference B06267

The business is ran and managed by 4 part time staff members.

The business trading hours are as followed:

Monday to Friday - 08:30am - 21:00pm

Saturday and Sunday - 08:30am - 22:00pm

Mablethorpe with its glorious sandy beaches, colourful beach huts and fairground is a few miles north of Sutton-On-Sea on the Lincolnshire coastline.

Victoria Guest House is situated on Victoria Road, a short walk from the main town, with its amusements, shops and various places to eat and drink Queens Park with its ride on train, splash park and boating lake is a short walk around the corner. The lovely award-winning beaches are just a short stroll from the guest house.

Victoria Guest House is located in a substantial, beautifully presented period property that has been tastefully refurbished to a good standard whilst retaining many of the attractive features, with the guest rooms, en-suites, and bathrooms finished to a tasteful standard.

Tenure
Freehold

Similar Businesses For Sale

7

Well established Public House and Hotel for sale

Swansea, West Glamorgan

£649,995 +SAV

Discover Business

9

Well established Guest House business for sale

Milton Keynes, Buckinghamshire

£39,995 +SAV

Discover Business

8

Well Presented Restaurant and Guest House

Wylam, Northumberland

£585,000 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Matthew Monks

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £575,995 +SAV

    4%
    £172,799
    £403,197
    20 years
    £0

    60 monthly payments of

    £0

    Apply Now

    Representative Example

    Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83


    Rates may differ as they are dependent on individual circumstances. Subject to status.

    Popular business searches in the UK