Popular Six Bedroom Guest House In Pwllheli For Sale

Business description

POPULAR 6 BEDROOM GUEST HOUSE - PWLLHELI
6 letting rooms with 2 bedroom owners' accommodation
Sea view location in popular North Wales tourist area
Turnover £55,000 per annum and very profitable
Early viewing recommended to fully appreciate
Business offers complete lifestyle change
Potential for en-suite conversions
Strong levels of repeat business
Ideal investment opportunity
Close to all local amenities
Outstanding reputation
FREEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this well established, well known and highly regarded business that was founded over 20 years ago. This well placed guest house has been in our clients careful ownership for the past 3 years and is only now being offered to the market due to our clients' family commitments. The business has a huge amount of potential with the chance to convert at least 2 rooms into en-suites at little cost, a possible loft conversion, the introduction of evening meals and to create a website which would modernise the marketing and advertising. The business comes with future bookings well into the next year owing to its excellent reputation. Boasting 6 letting rooms, all of which have televisions and tea/coffee facilities, this pleasantly appointed and profitable guest house also offers 2 bedroom owners' accommodation with spacious lounge. The business trades all year round and turns over a healthy £55,000 pa achieving a 90% gross profit. The guest house currently holds a 1* Welsh Tourist Board accreditation. This is unique opportunity to acquire a highly regarded business that offers a complete lifestyle change, in a desirable region of North Wales, with very little competition within the town and early viewing comes highly recommended.

Property information

Property:

Freehold

Living accommodation:

Substantial 3 storey, double fronted end-terrace town house with 6 letting guest rooms and 2 bedroom owners accommodation, briefly comprising; GROUND FLOOR Entrance, hallway, dining room offering 6/8 covers with large double glazed bay window, furniture, gas fireplace and breakfast bar. Owners accommodation: Lounge, kitchen with fitted units and appliances, utility room, large double bedroom with adjoining shower room to rear of the property and master bedroom with large double glazed bay window to the front. FIRST FLOOR Double room with wash basin. Family room (double & single beds) with wash basin and a view over the bay Double room with wash basin and view over the bay Well appointed guest 3 piece bathroom with shower. WC SECOND FLOOR Single room with wash basin. Family room (double & single beds) with wash basin and a view over the bay Twin room (2 single beds) with wash basin Attic: storage space EXTERNAL - Rear yard with storage shed

Location:

The business enjoys a highly sought after and ideal location in Pwllheli, on the Lleyn peninsular, North Wales. Near to the centre of the popular tourist town, the guest house is aptly named owing to the beautiful views of Cardigan Bay. The railway station, town centre restaurants, pubs and shops are all just a few minutes walk away and the business benefits hugely from the large free car park opposite. Pwllheli is a vibrant town, popular with visitors all year round, with excellent cycle routes, walks and sailing facilities near by that attract tourists from all over the world. The Lleyn peninsular boasts lovely beaches, a busy marina and harbour and lies within an area of outstanding natural beauty. The Snowdonia National Park is less than an hours drive away with the towns of Porthmadog, Caernarfon and Bangor easily accessible on the A487 which leads to the main A55 duel carriageway providing North Wales with fantastic links to Chester and the M56 motorway