Old Established Bed & Breakfast in Shropshire For Sale

Detached property, main road trading position, residential area, 1 mile from train station, 2 miles from conference center Shropshire.

Turnover £ 1,600
Price £800,000

Features

Freehold Old Established Bed & Breakfast

8 Guest rooms

2 Singles (1 en suite with shower other Private Shower room across the corridor)
1 Twin en suite with shower
1 Family en suite with shower
1 Large Single en suite with shower
3 Double Bedroom en suite with shower

Reception Conservatory with adjoining Office.

Dining room seating 12 people.

Kitchen with extractor unit, Cooker (Gas 7-burner), meat fridge, intergrated fridge/freezer, fridge/freezer, 2x microwave, intergrated dishwasher

Laundry room with 2 x washing machine, 2 x tumble dryer.

Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £82,500 p.a.

Staff

The business is at present operated by the Husband & Wife team

Accommodation

THE SELF CONTAINED OWNERS ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

2 large double Bedrooms (1 en suite)
Large Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Conservatory

Outside

Parking spaces for 3 cars to front with additional rear gated Patio Area with Parking spaces for 7 car.

Tenure

FREEHOLD.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £800,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 560,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote