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Well-established Guesthouse With A Brilliant Reputation For Sale

Retford, Nottinghamshire, UK
Asking Price:
£589,995
Sales Revenue:
£55,007
Cash Flow:
Available on request

Business
Please quote reference B05904

Hilton Smythe are delighted to welcome to the market The Barns Country Guest House, in Retford, Nottinghamshire.

This well-established business and well-maintained property has been in our client’s careful hands for many years, is only now being offered to the market, due to our client’s desire to retire. The guest house operates all year round, generating a turnover in the region of £55,000 with a gross profit of £47,000.

Our client offers six letting rooms, all of which are en-suite and immaculately decorated and maintained. All rooms include WIFI, Tea & Coffee making facilities, and a shower or bath. Upon booking our client offers a fully home cooked full English breakfast, which is very popular with the locals. Other option such as yoghurts, continental options, muesli, and cereals are also available.

The business has built up a brilliant reputation with both locals and tourists alike. This is driven by the high quality of the rooms, décor and breakfasts offered, with many customers returning several times a year. The business also has repeat trade from business travellers who have regularly stay in Retford or surrounding towns for work purposes.

The Barns highly boast 4.8 stars on Google, a 9.6 rating on Booking.Com and 5 stars on Trip Advisor, with one review stating it was “Rural Serenity”.

Currently, our client advertises on her own website, Booking.com, Hotels.com & -------.--.--, however, we feel the social media element of the business would attract further custom if this were utilised to its maximum potential. A new owner could explore the option to introduce evening meals to guests or the locals.

Scope to Improve

Maximizing the PR of the business, using more social media, and further booking platforms.
Offering rooms on Air B&B
Hiring further staff to increase turnaround.

This is a fantastic opportunity that is not to be missed. Viewings are by appointment only and all enquiries are to be directed to Hilton Smythe.

Location
The Barns Country Guest House is located in the idyllic market town of Retford, a small scenic and charming village located around 31 miles from the centre of Nottingham.

Retford is banked by the River Idle and has the Chesterfield Canal running through the town centre. It boasts well-preserved historic architecture and breath-taking natural landscapes, making it popular for walkers, cyclists, historians, tourists and day trippers alike.

The property itself is located on a beautiful country lane connecting Retford to the A1 motorway. It is set within picturesque countryside, within easy distance to local public houses, restaurants and supermarkets.

Premises
A large and beautiful property, briefly comprising:
Guest Room One: King Room with a Shower En-Suite, with four poster bed, Television and Tea & Coffee Facilities.

Guest Room Two: Double Room, with a Shower En-Suite, Twin Beds and Tea & Coffee Facilities.

Guest Room Three: Double Room, with a Shower En-Suite, Twin Beds and Tea & Coffee Facilities.

Guest Room Four: Double Room, with a Shower En-Suite, Twin Beds and Tea & Coffee Facilities.

Guest Room Five: Double Room, with a Shower En-Suite, Twin Beds and Tea & Coffee Facilities.

Guest Room Six: Twin Room, with En-Suite Bathroom, with Bath & Shower, Tea & Coffee Facilities, Hair Dryer, Television & a Private working station.

Our client currently lives with the premises and occupies three bedrooms as owner’s accommodation. We feel this accommodation could be used for further guest rooms.

Tenure
We are advised the property is freehold.

Hours
Business currently run all year round.

Staff
Owner run and managed.

Financial Profile
As of the 2018 accounts, the figures were as follows:
Turnover: £55,007 Gross Profit: £46,672

Please quote reference B05904

Property Information

Property:

Freehold

Contact Information

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