Freehold Guest House For Sale

Business description

Bag a Business Ltd is pleased to offer to the market this thriving, 9 bedroom guest house, which was established in 1972 and has been in the careful hands of our client since 2002. Ashtrees Guest House is only now being placed on the market as our client is relocating to France. During our client's ownership the guest house has undergone a considerable refurbishment programme, bringing it to the high standard it enjoys today. It is run on a bed and breakfast basis with the turnover being deliberately kept below the current VAT threshold, although we are advised that in our client's opinion the business has potential to take in excess of £100,000 per year. The guest house has been awarded 3 stars by the AA, as well as having a 3 diamond rating. It also has WiFi access. We feel that this opportunity represents an ideal base for a new owner to build upon, perhaps by offering evening meals. Our client has a second guest house in Cambridge called Mowbray, which is also on the market with Bag a Business Ltd. Early diuscussions are strongly recommended.

Property information

Property:

Freehold

Living accommodation:

ACCOMMODATION DETAILS Well presented three storey premises. Briefly comprising: GROUND FLOOR Owners' lounge/bedroom Owners' bathroom Dining room with 6 tables Kitchen with range of wall and base units Double bedroom with en-suite Twin bedroom with en-suite FIRST FLOOR Family room, triple with en-suite Shower room WC Double bedroom with en-suite Double bedroom with en-suite Twin bedroom with en-suite Single bedroom with wash basin Single bedroom with wash basin SECOND FLOOR Single bedroom with wash basin EXTERNAL Garden laid to lawn Front gardens Car park

Location:

Ashtress Guest House occupies a highly visible position, on a roundabout, on a main road in the historic City of Cambridge. It has ample guest parking in its own private car park. There is a good mix of complementary shops and businesses close by, as well as the world famous University and Addenbrookes Hospital. The business draws its trade from people who travel to Cambridge either for business or pleasure, as well as those who are staying in the city whilst visiting students or relatives. Ashtrees Guest House has a good mix of English and Foreign guests, many of which book through the business's own website. The business is just a short distance from the city centre and has good access for the train station and Cambridge Airport. Nearby is the M11 motorway, which links to the M25 motorway and goes directly to Stansted Airport.

Other information

Trading hours:

As required