Thriving 10 Bedroom Bed And Breakfast In Harlech For Sale

Business description

Preferred Commercial is delighted to offer for sale this thriving 10-bedroom bed and breakfast business, which was established in 1975 and which has been in our clients' careful hands since 2004. The bed and breakfast is only now being offered to the market due to our clients' wish to retire. The business opens from Easter to September and generates a turnover in the region of £60,000 per annum with a gross profit of 85%, derived from the letting of 10 en-suite guest bedrooms on a bed and breakfast only basis. We feel the turnover could be further increased by opening the business all year round and embarking on a modest marketing campaign. The business has gained an excellent reputation and enjoys much repeat trade and word of mouth recommendations. There is a website in place advertising the business and services provided with online booking facilities. The premises have been fitted to a high standard throughout and all letting rooms boast en-suite facilities. There is a 40 cover dining room and commercial kitchen and a separate restaurant business is currently being operated by our clients' son. The restaurant opens at lunchtime and in the evening, mainly in the summer season (Easter to September), serving snacks, tea/coffee, pizza and evening meals. 2011 was the first full year of trading and the turnover was approximately £40,000 with a gross profit of 75%. We feel this could be further improved by extending the trading period and opening to the general public, as at the moment, most of the business comes from residents. The restaurant business is included in the sale of the bed and breakfast. This is an ideal opportunity to acquire an already thriving bed and breakfast in such a desirable location and with huge scope for expansion and growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

Estuary Lodge occupies substantial, well-presented, 2-storey detached premises, ideally located in the idyllic village of Talsarnau, Gwynedd. The premises boast ample private parking facilities and are surrounded by picturesque countryside. The property lies on the busy A496, close to local amenities, including a school. There are 2 railway stations within easy walking distance and a bus stop directly outside the premises. The area is popular with tourists, walkers, cyclists and day trippers alike. The premises are easily accessed via the A-road network and the coast is a short drive away. The popular seaside resort of Harlech is 4 miles to the south and home to an extensive range of shops, businesses, amenities and attractions. Penrhyndeudraeth lies approximately 3 miles to the north, while Porthmadog is 6 miles away.

Premises details:

Substantial detached 2-storey bed and breakfast premises with 10 en-suite letting rooms and coffee shop. Briefly comprising:

Ground Floor
• Reception area
• Coffee shop with counter servery, electronic cash register, freezer, 2 x coffee machines and tables and chairs for up to 22 covers
• Dining room/Restaurant with feature fireplace, tables and chairs for up to 40 covers, bar servery, wine chiller and door to overflow restaurant
• Overflow dining area area with tables and chairs for up to 12 covers
• Commercial kitchen with stainless steel work surfaces, 2 x chillers, 2 x 2-deck pizza ovens, salad bar, 8-pot Bain Marie, 3 x microwave ovens, 6-burner range, sink unit, freezer, 2 x refrigerators, 2 x freezers, dishwasher and commercial sink unit
• Utility room with 2 x commercial dryers and 3 x washing machines

First Floor
4-bedroom owners' accommodation:
• Open plan lounge/kitchen/dining room
• Master bedroom with en-suite bathroom with whirlpool bath
• Double bedroom with en-suite shower
• 2 x double bedrooms
• Cloakroom with shower

Letting Rooms
All letting rooms have en-suite facilities and tea and coffee making facilities
• 8 x double/twin bedrooms (with D-link beds)
• 2 x king size bedrooms (one with folding bunk beds)

External
• Large car park to front
• Covered smoking area
• Rear garden with chicken coups and patio

Business Operation

Trading hours:

Easter till September