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Modern And Contemporary Bed And Breakfast For Sale

BATH, Somerset, United Kingdom

Financials

Asking price: £550,000

Sales revenue: £75,000

Net profit: Undisclosed

Fixtures value: £10,000

Stock value: Undisclosed

 

Business description
Very central location and highly profitable business. Easily managed with a high turnover and low outgoings. 5 well maintained letting rooms. Private parking. Modern and contemporary owners living accommodation. Fantastic life style and great location. Close to The Royal Crescent, Thermae Bath Spa and The Roman Baths.

Years established: Six Years

Employees: Run by the owners, no additional employees required.

Trading hours: All Year

Property: Freehold


Living accomodation
Modern and recently extended living accommodation. Comtemporary living room with office area, master bedroom with ensuite bath/shower room, all with under floor heating. Nursery/study, utility room and private courtyard garden. Private access. Parking.

Location
Excellent City Centre location, a busy area for Bed and Breakfasts. Prime position for passing trade. Very close to The Royal Crescent and Circus and just 5 minutes to the new Thermae Spa and Roman Baths. Easy access to Bristol and M4. Bus and train station 10 minutes walk.

Expansion potential
Lots of opportunities to increase the business. Potentially adding en-suites and offering spa packages or themed breaks. Business established for 6 years and has repeat business and corporate trade throughout the week and off-peak season.

Competition / Market
Bath is a year round destination and the new spa is adding to the visitor experience. Network of bed and breakfast owners in the immediate area supporting and helping each other.

Support & training
Full training or assistance offered during handover period.

Reasons for selling
Moving to a larger premises


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