Profitable & Charming Townhouse B&B In Tewkesbury For Sale - Tewkesbury, Gloucestershire, United Kingdom 
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Business description
Lovely and charming 8 room B&B with adjoining 3 bedroom owner’s cottage as a separate purchase.
Situated directly across from the famous Tewkesbury Abbey
Busy year round with business and leisure guests
Turnover of approximately 120k -140k per year Years established: 30 plus
Employees: 0
Trading hours: N/A
Property
Freehold Living accomodation
For the right person or couple the hotel has a back office and bathroom which can be used for accomodation. We did this for the first 18 months of ownership to keep costs down. Taking this approach would keep the price of the purchase and necessary downpayment within many more potential purchasers budget. A separate cottage whose rear entrance adjoins the hotel includes a kitchen, lounge, bathroom and three bedrooms. The hotel phone system, alarms and door bell are all wired into the cottage so that the owners know what is happening in the B&B. The cottage is a grade II listed building. See pricing below. Location
Located in Tewkesbury Town Centre, 1.4 miles from Junction 9 of the M5 at the edge of the Cotswolds. Expansion potential
There is enough space in the dining room and lounge to service a small restuarant with a small investment in some additional kitchen facilities. Competition / Market
Premiere Inn and Wetherspoons Lodges Support & training
The owners will provide training to prospective buyers with the length of time to be agreed upon signing contracts Reasons for selling
Current owners want to relocate to the United States This business for sale has a website
www.jessophousehotel.com
Situated directly across from the famous Tewkesbury Abbey
Busy year round with business and leisure guests
Turnover of approximately 120k -140k per year
Employees: 0
Trading hours: N/A
Freehold
For the right person or couple the hotel has a back office and bathroom which can be used for accomodation. We did this for the first 18 months of ownership to keep costs down. Taking this approach would keep the price of the purchase and necessary downpayment within many more potential purchasers budget. A separate cottage whose rear entrance adjoins the hotel includes a kitchen, lounge, bathroom and three bedrooms. The hotel phone system, alarms and door bell are all wired into the cottage so that the owners know what is happening in the B&B. The cottage is a grade II listed building. See pricing below.
Located in Tewkesbury Town Centre, 1.4 miles from Junction 9 of the M5 at the edge of the Cotswolds.
There is enough space in the dining room and lounge to service a small restuarant with a small investment in some additional kitchen facilities.
Premiere Inn and Wetherspoons Lodges
The owners will provide training to prospective buyers with the length of time to be agreed upon signing contracts
Current owners want to relocate to the United States
www.jessophousehotel.com
Financial Details
Asking price:
£675,000
Sales revenue:
£140,000
Net profit:
£114,000
Fixtures value:
£114,000
Inventory value:
£2,000
£675,000
£140,000
£114,000
£114,000
£2,000