Guest House - Chester - For Sale

Business description

Hoole, Chester
Successful Business
8 En Suite Rooms
Well Presented
Managers Suite
Parking
Freehold




Business History:
Long established Guest House serving breakfast from its well equipped catering kitchen. The vendors have recently undertaken an extensive refurbishment and renovation of the premises, incorporating power showers to all rooms and decorations to a high standard. The vendor now wishes to sell to pursue other business interests.

Business Profile:
The business is run as a Bed and Breakfast with 8 bedrooms, reception / hall, well equipped catering kitchen and breakfast room seating 20. Guest rooms include:-
2 x double. 1 x double with single. 1 x twin or double. 3 x triple or double with single. 1 x double with 3 or 4 singles. There is potential for another en suite room if the manager’s accommodation is converted to a guest room.

Accommodation:-:
All bedrooms are en suite with spacious modern well fitted bathrooms and power showers. The premises have central heating with C.C.T.V. and fire alarmed.

Entrance:
Quarry tiled floor and recessed mat well.

Hall/Reception Area:
Under stairs storage cupboard and spindle banister. Reception desk.

Dining Room:
Built in dresser unit. Attractive bay window. Well presented with seating for approximately 20.

Guest Room No.1.:
Family room with bay window. Carpet flooring. En suite bathroom.

Private Room:
Sash window.

Private Room:
Built-in wardrobes. Overhead storage cupboards. Sash window. Currently used as managers room. En suite bathroom.

Kitchen:
Stainless steel sink & drainer unit, floor cupboards and drawers, work surfaces, wall cupboards, hand wash basin. Side exit. Well fitted/equipped to service breakfasts.

1st Floor Accommodation:

Guest Room No.2.:
Double glazed front window and side bay window. Carpet flooring. En suite bathroom.

Guest Room No.3.:
Double glazed window. En suite bathroom.

Guest Room No.4.:
Built-in wardrobes. Double glazed window. En suite bathroom.

Guest Room No.5.:
Carpet flooring. En suite bathroom.

Annexe:-:

Guest Room No.6.:
Carpet flooring. En suite bathroom.

Guest Room No.7.:
Carpet flooring. En suite bathroom.

Guest Room No.8.:
En suite bathroom. Includes store area.

Laundry Room:

Staff:
1 full time manager, 1 trainee manageress and 2 part time staff.

Rear Yard:
"L" shaped.

Fixtures & Fittings:
The vendor has stated that all fixture and fittings are included in the price. A full inventory will be made available to interested purchasers.

Property information

Property:

Freehold

Lease terms:

Financial Profile:
The vendor has accountant prepared figures for the year ended 2007. The vendor will be pleased to discuss all the financial aspects of the business with interested buyers.

Tenure:
Freehold. Jolley & Co have not examined any title documentation and a buyer must arrange for their solicitor to verify this information.

Uniform Business Rates 2008/9:
Chester City Council have verbally provided the following information: Rateable Value: £9500. Rates Payable: £4133. Small Business Rate Relief may be claimable upon application.

Price:
£695,000 for the freehold property, goodwill, fixture & fittings plus SAV.

Living accommodation:

Accommodation Included.

Location:

Location:
The Guest House is situated on the main approach road to the city from the nearby motorway network. Chester House is situated in a highly desirable area of Chester and within a mile of Chester City centre and its historical tourist attractions. The business benefits from year round trade with visitors to Chester’s heritage and also it’s modern shopping areas including Outlet Village, and its sporting attractions such as Chester racecourse and the famous Chester Zoo as well as accommodating business travellers from its accessible location.

Contact the seller

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