Nine Bedroom Guest House In Whitley Bay For Sale

Business description

We are delighted to offer for sale this 9-bedroom guest house, which was established in the 1960s and which has been in our clients' careful hands since 1989. The guest house is only now offered to the market due to our clients' wish to retire. The business trades all year round, generating a turnover in the region of £30,000 per annum with a gross profit of 90%, derived from the letting of 9 guest bedrooms. We feel there if huge scope to increase turnover by embarking on a modest marketing campaign and perhaps from the introduction of a website with online booking facilities. A new owner could, if desired, offer packed lunches and evening meals. The guest house has an enviable reputation and is renowned for the high quality of the letting bedrooms. The business generates the majority of its trade from contractors working in the area. The premises boast spacious 1-bedroom owners' accommodation with lounge, kitchen and bathroom. All letting rooms are equipped with TVs and tea and coffee making facilities. We feel this represents an ideal opportunity to acquire an already popular guest house in such a desirable location with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

Santilena Guest House occupies substantial 4-storey premises, ideally located on the outskirts of Whitley Bay town centre, Tyne and Wear. The premises benefit from ample on-street parking and are situated just off the sea front. The town centre is within easy walking distance and boasts a wealth of amenities and complementary shops and businesses. The area is well served by public transport and has numerous bus stops and a railway station. Whitley Bay is a vibrant seaside destination with a thriving nightlife and is popular with tourists and holiday makers of all ages. The premises are easily accessed via the A-road network and the A194(M). Whitley Bay is a highly desirable place in which to live, with excellent road and rail links across the region. Newcastle lies 9 miles to the west, while Sunderland is 14 miles away.

Premises details:

Substantial 4-storey guest house premises with 9-letting rooms and 1-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Guest lounge
• Victorian style vestibule
• Dining room with tables and chairs for up to 19 covers
• Kitchen
• Sitting room
• Utility room with door to back yard
• Room 1: large double bedroom with en-suite facilities

First Floor
• Owners' accommodation with double bedroom, lounge, kitchen and bathroom
• Room 2: twin bedroom with en-suite bathroom
• Room 3: twin bedroom with en-suite bathroom
• Room 4: single bedroom with access to separate shower facilities

Second Floor
• Room 5: single bedroom
• Room 6: single bedroom
• Bathroom serving rooms 5 and 6

Third Floor
• Room 7: twin bedroom
• Room 8: twin bedroom
• Room 9: family bedroom
• Bathroom serving rooms 7, 8 and 9

External
• Small yard to rear

Other information

Trading hours:

All year round