Bed & Breakfast for sale in Walthamstow

Walthamstow, London, UK


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This business is marketed by

Ranson UK Ltd View more business for sale by this agent

Established bed & breakfast business - FOR SALE/FREEHOLD

Key Features
Bed & Breakfast 
11 rooms available
En-suite bathroom in every room 
Annual income of £75,000
Net profit £25,000 to £30,000
Parking for 3 cars
Open 7 days a week

Description
Ranson UK is delighted to present this bed & breakfast business on Blackhorse Road. This business started in 1986 and the current landlord has been running this bed & breakfast since 2005. The property consists of 11 rooms in total – 3 single rooms, 7 double rooms and 1 family room. All rooms are fully fitted and include en-suite bathrooms. The property includes kitchen, storage room and rear parking for 3 cars. We have been advised by our client that the current income is approximately £75,000 per annum and the net profit £25,000 to £30,000. 

The property is located on Blackhorse Road close to Total petrol station and Blackhorse Road Baptist Church. The closest stations are Blackhorse Road station is 0.5 miles and St James Street train station 0.2 miles. The area is easily accessible by car via A503 and A1006

Accommodation
Total accommodation size: Over 5,000sqft approx

Freehold
£1,100,000

Legal Fees/Cost 
Each party is to bear their own legal cost.

Rates
We have been advised by our client that the current business rates payable are £2,448. However, all interested parties are encouraged to make their own enquiries with Borough of Waltham Forest.

Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057


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business information

Sale price: Price on application
Status: Available
Sectors:
Bed & Breakfasts
Guest Houses
Hostels
Hotels and Motels
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