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Price Reduction, Beautifully Presented, Central Exeter Guest House For Sale

Exeter, Devon, UK
Asking Price:
£670,000
Sales Revenue:
£50K - £100K
Cash Flow:
£50K - £100K

A highly profitable, beautifully presented town centre freehold Guest House, extensively improved.

This easily operated turn-key Guest House is an opportunity not to be missed - early viewings are highly recommended. It would be an ideal acquisition, offering a comfortable home with high income and the opportunity to live in the stunning and historic South West City of Exeter.

Exeter is an extremely popular destination all year round with a strong demand for accommodation.

The business deliberately trades under the VAT level and the business opens to suit current owner who chooses to take 12/14 weeks holiday a year - outstanding future possibilities to increase turnover.

The Guest House benefits from a wealth of passing trade in a prime city centre location close to an abundance of shops, pubs and restaurants and ease of access to a wide range of activities and tourist attractions.

The Guest House is only a few minutes walk from both central train stations and Exeter Bus Station, with the M5 and Exeter international airport being only a short drive away

Excellent owners self-contained accommodation of 2/3 bedrooms, 1/2 reception rooms, bathroom, super private sunny garden.

This long established and recently redecorated/updated Guest House business is reluctantly being placed onto the open market due to ongoing health issues. Early viewings are highly recommended

• Boasting a prime trading location in a bustling all year-round city
• Extremely well presented, with 9 letting rooms for guests, potential to increase turnover
• Well maintained and improved by the current owner
• Stunning, spacious owners’ accommodation and rear owner’s private garden
• Secluded front garden for guests
• Local street parking vouchers available for guests
• Excellent reviews & many repeat guests
• Covid friendly contactless checking in/out system, no reception required
• Solely run by single owner with occasional cleaning help.
• Currently run as room only, could be returned to B&B
• Ideal for transfer – exceptionally well-run Turnkey business


For more information, please contact us by using the form below.

Property Information

Property:

Freehold

Living Accommodation:

Whole of ground floor as spacious owners accommodation.

Location:

Prime Exeter city center location

Premises Details:

9 guest bedrooms, possibility to increase. Sunny guest garden. Spacious attractive owners accommodation with private garden

Business Operation

Expansion Potential:

Closed for approximately 12/14 weeks a year, potential to substantially increase turnover

Reasons for selling:

ill health

Trading hours:

24/7

Years established:
16

Other Information

Website:
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Home based:
This business can be run from home.

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