BUSINESSES FOR SALE
Breadcrumb trail navigation:
- FT Home
- > Jobs & classified
- > Businesses for sale
- > Advert details
Resources
Advert Details
Bed And Breakfast in York For Sale
York, North Yorkshire, United Kingdom
Financials
Asking price: £350,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Cornmill Lodge is a five bedroomed Edwardian terraced house at present used as the only vegetarian/ vegan/ organic guest house in York. The property is close to shops, including a bank, launderette and post-office. There are schools and restaurants nearby.
It really is deceptively spacious, according to guests as well as estate agents, with a floor area of over 2000 square feet.
The property is well decorated and maintained to a high standard.
Years established: 30 years
Employees: 0
Home based: This business can be run from home.
Property: Freehold
Living accomodation
Owners accommodation includes a large lounge with double glazing, a fire-place and gas fire, an office, bathroom, separate toilet and bedroom.
Location
The guest house is situated only fifteen minutes walk from York Minster. It is on a main bus route, with buses every ten minutes to York Station. It has its own off-street parking for up to four cars, a very valuable asset in York.
Expansion potential
We have been trading using three letting rooms, with a maximum of six guests. There is obviously room to expand by using the twin room as a family room and utilising the single room for guests. Also, there is the opportunity to take more non-vegetarians if the buyers provide a full English breakfast.
Competition / Market
There are a few other guest houses on Haxby Road, which means that there is opportunity for passing trade. However, we have been trading as a vegetarian guest house for 8 years, the only one in York.
Reasons for selling
Retirement
Related website: www.cornmillyork.co.uk
Related documents
|
|
||
|
|
|
Sales details |
|
|
||
|
|
|
Floor plans |


