Freehold Guest House for Sale in Scarborough

YO11 2AP Scarborough


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This business is marketed by

Hilton Smythe View more business for sale by this agent

BUSINESS
Hilton Smythe welcomes to the market the Esplanade Gardens Guest House.  This family run Victorian traditional bed and breakfast is in a prime trading location and has been lovingly run and managed by our client for the last 8 years and genuinely offered for sale due to our client relocating.
 
This highly profitable guest house offers ten bedroomed accommodation and is tastefully decorated and well presented throughout.  With the benefit of a licensed visitor’s lounge bar serving tasty snacks including freshly prepared paninis, sandwiches and toasted sandwiches.  The breakfast room is stylish with good quality furniture and seating for 26 covers serving breakfast using locally sourced produce.
 
The business is forward thinking and our client has generated new business through its own website www.esplanadegardensscarborough.co.uk and also by advertising on three other popular websites Booking.com, Late Rooms and Eviivo which has helped maintain the business’s sustainability over the years, the advertising has paid dividends with deposits already paid for advance bookings valued at £17,000.
 
This fantastic guest house also benefits from a two bedroomed owner’s accommodation again very well presented and maintained.  It is our client’s meticulous attention to detail and friendly approach which we feel has helped sustain the success of the business and making it one of the most profitable guest houses in Scarborough.


LOCATION
The guest house is located in the popular holiday resort of Scarborough on the North Sea coast in North Yorkshire.
 
Situated on Esplanade Gardens just 200 yards from the cliff lift down to the Spa Conference and Entertainment Complex and just a 15 minute walk to the town centre and fantastic harbour.  Overlooked by Oliver’s Mount and close to the famed Italian Gardens the business is in a fantastic location in this wonderful seaside resort.
 
The area has excellent road links with four major roads the A64, A165, A170 and A171 giving access to the town.  The town also has its own railway station and regular bus services throughout the town and to nearby popular tourist spots of Filey, Robin Hoods Bay and Whitby.

PREMISES
This single fronted Victoria terraced premises briefly comprises:-
 
Ground Floor
Ground Floor entrance porch with door leading to entrance hall, off which are the stairs leading to the first floor, with access to the kitchen and stairs leading down to the breakfast room.
 
Licensed visitors lounge with pine built bar with chiller fridge, draught pumps and optics, comfortable seating and tables, traditional style coving and cornice and fantastic sash bow window.
 
Owner’s lounge/office with sash window, television point, telephone point and coving.
 
Guest double bedroom with ensuite.
 
Lower Ground Floor
Breakfast room stylishly decorated with good quality furnishings for 26 covers, sash bay window, breakfast unit with cupboard under, folding doors to storage area with plumbing for washing machine, hot and cold water supply, communal washing machine, tumble dryer and iron.
 
Two owner’s bedrooms, one with double glazed French doors leading out to the rear yard and fitted cupboards.
 
Modern kitchen with a range of fitted wall and base units, ample work surfaces and tiled walls.  Space for fridge/freezer, space for dishwasher, eight ring gas cooker, two gas boilers serving basement and ground floor, second boiler serving upper floors, tiled walls, built in cupboards and window and door to the side.
 
First Floor
One double room with ensuite
One family room with double bed and single bed with ensuite
One large family room with two double beds, two single beds and ensuite
One single room with shower and hand wash basin
Separate toilet.
 
Second Floor
One double room with ensuite
One large family room, one double bed and one single bed and a set of bunk beds with ensuite.
One single room with shower and hand wash basin
Separate toilet.
 
Third Floor
Attic conversion into one twin room with ensuite and one family room with one double bed and one single bed with ensuite.
 
All guest rooms have ensuite, flat screen televisions with freeview and built in DVD player, tea and coffee making facilities and benefit from gas central heating.

TENURE
We are advised Freehold.
HOURS
The business offers 11 month trading closing in January.
STAFF
The business is run by this successful husband and wife team.
FINANCIAL PROFILE
The highly profitable business reported turnover at £72,893 and a gross profit of approximately 82%.



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business information

Sale price: £319,000
Tenure : Freehold
Status: Available
Sectors:
Bed & Breakfasts
Guest Houses
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