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6 Private Parking Spaces Central Bath B&B For Sale

Bath, Somerset, United Kingdom

Financials

Asking price: £745,500

Sales revenue: £91,500

Net profit: £54,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Spacious, attractive and light Bed and Breakfast in the centre of historic Bath. Successful business with 4 diamond award from Quality in Tourism, re-assessment pending. Quiet location with large private garden and off-street parking for 6 cars. 6 Bedroom letting rooms (4 en-suite with 2 standard). Homely and comfortable the spacious letting rooms come fully furnished
(inventory available).

Years established: 4

Employees: Run by owners and a flexible part time housekeeper plus casual help as required

Trading hours: All year, at owners discresion.

Property: Leasehold


Living accomodation
Flexible private living accommodation comprising a large bedroom, an office/sitting room, kitchen and bathroom.

Location
Prime location in city centre. On a quiet street next to Royal Cresent. 10 minutes level walk to the new Thermae Bath Spa, Roman Baths and central shopping area. Easy access to local transport network to London or Bristol.

Expansion potential
Potential to increase income by converting 2 standard rooms to en-suite.

Competition / Market
Year round visitors to Bath, a world heritage city, multiple attractions including the new Thermae Bath Spa and close to the Royal Crescent. Business in respected international guidebooks. Diary of future bookings. Repeat bookings. Within a supportive network of local bed and breakfasts.

Support & training
Present owners happy to assist during handover period, includes operating manual.

Reasons for selling
Sale due to family commitments.

Related website: www.elginvilla.co.uk


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