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Busy 9 Bedroom B&B with 1 Acre Plot For Sale

Leiston, Suffolk, UK
Asking Price:
£775,000
Sales Revenue:
£50K - £100K
Cash Flow:
Available on request

After having the pleasure of starting and running this successful business for 10 years I am looking to sell as I want to start slowing down and not dedicating my life to this business. Leiston in Suffolk is in a prime spot for offering good value accommodation. With a nuclear power station just 3 miles away and being on a popular tourist area, I am busy through the whole year.
Currently I aim my marketing towards contractors working at Sizewell B and surrounding areas, however I also have a large customer base that enjoy visiting the very popular tourist areas of Aldeburgh, Snape Maltings, Southwold, Minsmere and lots more.
However there are major plans in this area for Sizewell C and Friston substation. This means that thousands of contractors will be looking for accommodation for the many many years.
The Guesthouse has 7 rooms:
2 with en suite showers, 4 with en suite toilets & a small single, there is also 2 bathrooms a lounge and kitchenette.
The management accommodation is completely separate (with driveway and own door) and is a very generous 2 bedroom with conservatory and walk in wardrobe and large gardens with vegetable growing area and chicken run.

Property Information

Property:

Freehold

Living Accommodation:

2 bedroom extensive managers accommodation

Location:

We are just on the edge of town. So nice and quiet but less than 5 min walk to the high street

Premises Details:

Gorgeous Edwardian house. Everything from electrics, boilers, roof etc has been installed or replaced in the last 10 years. Please look at my website for more pictures

Energy Performance Rating:
B

Business Operation

Expansion Potential:

There is plenty of room in the loft to install 2 or 3 bedrooms. The garden is also large enough to put a house/further accommodation, all subject to planing consent

Competition / Market:

I have very limited competition, there is 1 other B&B and 1 8 bedroom hotel, the rest of the area is surrounded by very expensive and exclusive hotels/B&B's, I do not compete with these and keep to the lower price scale, which attracts the contractors and have many long term workers staying upto 2 years at a time

Reasons for selling:

retirement

Employees:
0
Years established:
10

Other Information

Home based:
This business can be run from home.

Contact Information

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