8 Bedroom Guest House In York North Yorkshire For Sale

Business description

We are delighted to offer for sale this popular guest house, which was established in 1982 and which has been in our clients' careful hands since 1988. The business is only now being placed on the market due to our clients' wish to retire. The Old Vic Guest House boasts 8 en-suite letting rooms and generates a turnover in the region of £60,000 per annum with a gross profit of 75%. At present the business is operated only 9 months of the year offering a new owner scope to immediately increase turnover by opening all year round. Our client also has use of three further en-suite bedrooms, two of which could be used as further letting accommodation if desired. The property has been maintained to a high standard throughout and is truly in a walk-in-and-trade condition. The business benefits from much repeat trade with a wide range of clientele, from holiday makers to contractors. There is a quality website in place which boasts online booking facilities. We feel this is an ideal opportunity to acquire a thriving guest house in such a desirable location. Early viewing must come highly recommended.

Property information

Property:

Freehold

Location:

The Old Vic Guest House is located in a popular residential area on the outskirts of the centre of York. The business is located just off the A19, which runs from the A64 to the city centre, and close to shops and other amenities. The centre of York is easily accessible with a bus route that runs past the end of the road or by an easy walk along the river. York is a popular tourist destination with a wealth of attractions including York Racecourse, the National Railway Museum, York Minster, Jorvik Viking Centre and the famous Shambles.

Premises details:

Substantial 5-storey Victorian premises, with many original features. Briefly comprising:

Lower Ground Floor
• Dining room with inglenook fireplace and laid out for 22 covers
• Kitchen with a range of fitted wall and base units range oven and American style fridge/freezer, 2 x dishwashers and various appliances
• Storeroom with separate laundry room
Staff WC

Ground Floor
• Hallway
• Private lounge
• Large private double bedroom with en-suite facilities

First Floor
• Linen store
• Bathroom with spa bath for use by room 5
• WC for use by room 5
• Room 2: Family room with double and bunk beds and en-suite facilities
• Room 3: Double room with en-suite facilities
• Room 4: Double room with large bay window and en-suite facilities
• Room 5: Single room with wash basin

Second Floor
• Room 6: Single/double room with en-suite facilities
• Room 7: Double room with en-suite facilities
• Room 8: Double room with large bay window and en-suite facilities
• Room 9: Double room with en-suite facilities

Third Floor
• 2 x large double rooms with en-suite facilities, currently used as owners' accommodation
• Access to loft

External
• Yard to rear with space to park one car
• Double garage with power up and over door
• Ample on-street parking

Business Operation

Trading hours:

9 months of the year