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Reference H7853

Large 5 Storey Guest Houses in North Wales For Sale

Large 5 Storey Guest Houses in North Wales For Sale
Large 5 Storey Guest Houses in North Wales For Sale Buy a Large 5 Storey Guest Houses in North Wales For Sale Sell a Large 5 Storey Guest Houses in North Wales For Sale Large 5 Storey Guest Houses in North Wales For Sale for Sale Large 5 Storey Guest Houses in North Wales For Sale for Sale Large 5 Storey Guest Houses in North Wales For Sale for Sale Large 5 Storey Guest Houses in North Wales For Sale for Sale

Register to see map and to make an appointment Mid terraced property. Well located sea front promenade position, close to pier, main shopping street running parallel to rear, conservation area, GWYNEDD, NORTH WALES.

Turnover 2,116
Price 525,000

Features

Large Victorian 5 Storey Guest House Long Leasehold Property 999 Years, 886 Years Remaining Ground Rent 5 Pa

Grade II listed building

Patio garden to front

11 en suite letting bedrooms

Steps to upper ground floor with reception hall & reception desk

Dining area with timber floor providing seating for 18 persons

Guest Lounge, carpeted, leather chairs & sofas

Fully equipped commercial kitchen

Letting accommodation
Situated on the first, second & third floors 4 en suite rooms
6 Double rooms
3 twin rooms
1 family room
1 small double room

Turnover

We are advised turnover year ending April. 2019 showed 110,000. Bed & Breakfast only.

Staff

Operated by a husband & wife team.

Trading Hours

Operated 9 months. Closed for the whole of December & January.

Accommodation

Private accommodation located on the lower ground floor, comprising:

2 Bedrooms
Bathroom
Living room
Dining room with door to garden
Kitchen

Outside

Private garden to rear with lawned area & patio

Tenure

Long leasehold having 999 years 886 years remaining at a ground rent of 5 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4 YEARS

Price

TO INCLUDE THE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 525,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 367,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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