Well Presented Guest House In Cockermouth For Sale

Business description

WELL PRESENTED GUEST HOUSE
Advised annual turnover of £68,000 with good gross profits
Early interest and viewing is highly recommended
Situated in the historic town of Cockermouth
1 bedroom owners' accommodation
Scope for further development
7 en-suite guest bedrooms
Walk-in condition
Four star gold
FREEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this 7 letting room guest house which has been established since 1986 and in the careful hands of clients since 2006. Our clients are reluctantly offering the business to market due to their desire to take well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients advise us that the annual turnover currently runs at £68,000 with good gross profit margins, which is derived from offering well presented letting rooms and bed and breakfast facilities to all who wish to visit. The business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Property information

Property:

Freehold

Living accommodation:

Well presented and maintained terrace property, briefly comprising of: GROUND FLOOR Secure entrance to hallway leading to: Bedroom 1 Double bedroom with oiled oak floor, fitted wardrobes and en-suite toilet, wash basin, bath and separate shower. Dining/breakfast room Fully fitted kitchen with wall and base units, stainless steel gas range double oven with filter canopy over plus under stairs pantry. FIRST FLOOR Bedroom 2 Double bedroom with maple floor, built-in wardrobes and en-suite toilet, wash basin and shower cubicle. Bedroom 3 Double bedroom with exposed stone wall, built-in wardrobes and en-suite toilet, wash basin and shower cubicle. Bedroom 4 Double bedroom with exposed stone wall, built-in wardrobes and en-suite toilet, wash basin and shower cubicle. Bedroom 5 Double bedroom with exposed stone wall, built-in wardrobes and en-suite toilet, wash basin and shower cubicle. SECOND FLOOR Bedroom 6 Double bedroom with sky light, built-in wardrobes and en-suite toilet, wash basin and shower cubicle. Bedroom 7 Double bedroom with exposed stone wall and en-suite toilet, wash basin and shower cubicle. Owners’ Accommodation ‘L’ shaped lounge with interconnecting kitchen and dining area. Double bedroom with maple floor, built-in wardrobes, sky light and en-suite toilet, wash basin and shower cubicle. EXTERNAL Parking to the rear of the property

Location:

This superb guest house is located in a prominent position just a short stroll away from the town centre of Cockermouth in Cumbria. Cockermouth is a market town, having excellent facilities including an exciting range of independent and national retail outlets, a good selection of restaurants and public houses, primary and secondary school facilities, leisure centre and hospital. The town lies just 32 miles from Junction 40 of the M6 and is within easy commuting distance of the business areas of the west coast including Sellafield. The town is also just a short drive away from the attractions of the northern Lake District tourist areas. Cockermouth is reached easily via the A66, junction 40 of the M6, Penrith is approximately 30 miles away providing access to the UK’s wider motorway network.

Business Operation

Trading hours:

Trades all year round