Guest House Business In South Lincolnshire Town For Sale

Business description

Commercial guest house business for sale located in a fast expanding South Lincolnshire market town, convenient Stamford, Market Deeping & Spalding, income £37,021 p.a, adjusted net profit £19,783 p.a, all B&B trade – scope for evening meals & outside catering, same hands 16 years! Private residential area close to town centre, substantial detached property including 7 letting rooms (all en-suite) plus private accommodation lounge/diner, 3/4 bedrooms, bathroom; also dining room 12 covers, commercial kitchen, gas c/h & private parking for 7 cars. Rare opportunity Freehold £335,000 + stock at valuation Ref 139

Property information

Property:

Freehold

Living accommodation:

Substantial detached property including 7 letting rooms (all en-suite) plus private accommodation lounge/diner, 3/4 bedrooms, bathroom; also dining room 12 covers, commercial kitchen, gas central heating & private parking for 7 cars.

Location:

This freehold Commercial Guest House business for sale is located in a fast expanding South Lincolnshire market town, convenient Stamford, Market Deeping & Spalding. The business is well situated in a predominantly residential area & yet within easy walking distance of the town centre.

Business Operation

Expansion potential:

Scope for evening meals & outside catering.

Trading hours:

Trades all year.

Employees:

None - family run business.

Years established:

Run by the present family for the last 16 years.

Other information

Financing available:

Via recommended panel of banks.

Related documents:

• 
• Additional Photographs ref 139