Hotel / Motel for sale in Hertfordshire

Hertfordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated on a busy road ESSEX/HERTFORDSHIRE BORDERS

THE OWNERS of this property, which we understand was newly built in 2005 have developed a very successful Bed & Breakfast Business adjudged 4 star/silver award by Visit England Quality & Tourist. We are further advised that the turnover reached almost £56,000 in the 2011 financial year but since then the owners for a number of reasons have allowed the business to ease back to the current estimated turnover in the region of £40,000 p.a.steming mainly we understand from modest advertising, repeat business & recommendations. In our opinion there is terrific potential to develop the business in the right hands.

Charges for Bed & Breakfast:
Single £50.00 per night
Double £60.00 per night

Uniform Business Rates: £2,472 p.a.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED GUESTHOUSE IN THIS SOUGHT AFTER POSITION. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FURNISHINGS in the region of £688,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £688,000
Tenure : Freehold
Status: Available
Sectors:
Bed & Breakfasts
Guest Houses
Hotels and Motels
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