£0 £1000000
£0 £1000000

Stunning Guest House and Tea Rooms and Holiday Cottage for sale

York, North Yorkshire

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Sold

£90,000 +SAV

Ref: B05952

Leasehold

Overview

Please quote reference B05952

Hilton Smythe welcomes to the market Harmony House B&B & Tea Rooms, which opened in 2019. Though the business is thriving, and our clients have thoroughly enjoyed running the Harmony House, the business now comes to the market due to health issues.

This is a very rare opportunity to run a stunning 5-bed luxury Guest House offering bed and breakfast, 1-bed Cottage and Tea Room trading from a very affluent area near York. There are 3 aspects of the business, The B&B Rooms, the Tea Room and the Holiday Let Cottage.

The Tea Room has been a huge success in the village. Our client has been hosting themed nights which have been total sell-outs every time. A very successful guest house and Tea Room business with separate living quarters. Even with the 2020 government restrictions, the Tea Room alone became a huge success on takeaway’s and once a month themed evenings. The cottage is currently advertised through Air B&B with a 5-star rating.

The owner has a dedicated social media page that has a fantastic following and a great platform for advertising.

The property has had a full makeover throughout with nothing to do whatsoever. This business has gone from strength to strength since its establishment.

The commercial lease is protected by the Landlord and Tenant act 1954 which gives you full protection and renewable with 3 years left to run and this is another rarity having the security of tenure.

So, if you are looking for a Lifestyle change to a gorgeous part of the world with excellent schools nearby and shopping then this may be just for you.

It will come fully furnished and ready to continue minus personal belongings. Properties and opportunities like this do not come around often. Therefore, early viewings come highly recommended.

Turnover
We are advised that the business turnover is projected at £130,000 with an 80% gross profit.

Please quote reference B05952

The business is currently owner ran, with the help of 1 part time member of staff.

The tearoom trading hours are currently: -

Monday – Tuesday: Closed
Wednesday – Friday: 10.00-15:00


Saturday: 10:00-14:00

Sunday: CLOSED 

The business is located at Stillingeet, York, prominently situated, with excellent eye-catching signage.

Situated in a stunning location, close to the famous York Racecourse and only 15 minutes into the City of York. Lots of parking

The business is very well presented and maintained throughout, with excellent eye-catching signage.

The main house has 3 letting rooms (can be 4 but the owners’ choose to keep the remaining bedrooms for themselves) all with en-suite, guest sitting room, guest dining room, huge fitted kitchen, utility room, conservatory (which is the tea room part), an enormous garage that can house 6 cars (which the owners use for freezers and storage etc), cottage over 2 floors with lounge, kitchen, bedroom and bathroom.

Assets included in the sale comprise of: -

Kitchen equipment including fridge, freezer, oven and hob, professional griddle Furniture (tables and chairs), External furniture, ample crockery.

Tenure
We are advised that the business is being sold on a Leasehold basis with 3 years remaining at an annual rent of £24,000 per annum. The landlord is offering the property for sale at the end of the 3 year term, this is being offered under seperate negotiation. 

The B&B benefits from residential rates, the owner advises there is no water metre present at the property. 

 

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