Buy a Freehold Guest House For Sale business for sale in Bognor Regis on BusinessesForSale.com

  • Advert ID: 667420
  • (Seller ref: 10446)

Freehold Guest House For Sale


Location:
Category:

Listed by:

Asking price:
£759,999
Sales revenue:
£30,000
Net profit:
Available on request


Bag a Business is pleased to offer for sale this thriving guest house, which dates back to the 1950s and has been under the proud ownership of our client since 1976. It is now being reluctantly placed on the market as our client wishes to retire. The 3 star, fully licensed hotel is run by our client, with help from a cleaner, achieving a turnover in the region of £30,000 per year. It should be noted that our client is not in the best of health and in previous years Selwood Lodge has taken in excess of £50,000. This is further enhanced by the spacious owners private three bedroom flat and gardens. The guest house has built up an excellent reputation with its guests, many of which come back time after time for its friendly atmosphere and the fact that it has a designated bar and games room. We feel that this opportunity represents an ideal base for a new owner to build upon. Early viewing is strongly recommended.


Property:
Freehold
Living accommodation:
ACCOMMODATION DETAILS Well presented detached premises with gardens. Briefly comprising: GROUND FLOOR Entrance hall with reception Kitchen with a range of wall and base units as well as large centre island Bathroom Laundry room Double bedroom with views over garden Single bedroom Double bedroom with hand basin Owners' private lounge Dining room with 20 covers Guests lounge with large bar Games room Ladies toilets Gents toilets FIRST FLOOR Family room with en-suite Bathroom Double bedroom with en-suite Family room with en-suite Family room with en-suite Single with en-suite EXTERNAL Large gardens laid to lawn Garage Parking for 4 cars
Location:
Selwood Lodge is situated in an extremely popular residential part of Bognor Regis, in West Sussex. The business draws its trade from the many people who flock to the area, which enjoys visitors all year round. Bognor Regis has something for everyone and is famed for its annual Birdman Festival, where human-powered 'flying' machines launch themselves from the end of the pier; a prize being awarded to the one who glides the furthest distance. The town centre is set to see a £100 million redevelopment, which is due to complete in 2013. It enjoys excellent links via the A29 to Dorking to the north, where it joins the A24 to London. This road bisects the main east-west trunk road, the A27, at Fontwell and the A272 at Billingshurst. Also there is the A259, which is the coastal road, running along the south coast from Havant in Hampshire to Folkstone in Kent.

Trading hours:
All year round.

For more information about this business for sale, click the Contact Seller button.

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