Buy an Acorn House Hotel business for sale in KESWICK on BusinessesForSale.com

  • Listing ID: 793612
  • (Seller ref: M60633)

Acorn House Hotel For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£895,000
Turnover:
£116,286
Net profit:
£77,350


Offers Around: £895,000 Freehold

Delightful and well positioned Georgian guest house close to popular town centre. 9 en suite bedrooms, lounge and breakfast room. 2 bedroom owners' accommodation with additional rooms. Trading profits £77,350 on B&B based turnover £116,286. This friendly and relaxing Georgian house occupies a delightful and secluded position only a short walk from the centre of Keswick. Built in the 1700s as the retirement home of the owner of The Royal Oak - hence the name - the house is particuarlarly spacious and retains many of its classic original features. All its bedrooms are individually styled including 3 four poster rooms and the property is set in mature gardens with plenty of car parking, an excellent asset in this bustling lakeland town. Keswick - The Queen of The Lakes - stands at the northern end of of Derwentwater in the jaws of Borrowdale - reputed to be England's most beautiful valley. The town is steeped in history, charm and character having museums, galleries and parks as well as The Theatre by The Lake with its all year round program of drama, music and events. This is complemented by its natural beauty as well as its own very succesful calender of events built over the years. The Jazz Festival, Literary Week, film and beer festivals as well as the 3 week Keswick Religious Convention all bring a tremendous number of visitors whose journey to the town is eased by its convenience to the A66 and M6 Motorway. Acorn House was acquired by the present owners in 2002 and during their ownership they have upgraded the bedrooms, replacing much of the soft furnishings as well as refurbishing the owners' accommodation which complements this easily run business. As these improvements have taken shape, so the turnover has steadily increased making Acorn House a highly profitable bed and breakfast business. Having enjoyed their years at Acorn House, the owners are to move to a larger venture.

THE PROPERTY
A traditional lakeland house of rendered walls and under a pitched slate roof, the accommodation is arranged on ground and two upper floors.

PUBLIC AREAS
Lovely conservatory entrance with Victorian tiled floor. Vestibule with mat well. Delightful spacious reception hall with half landing window. Breakfast room to seat 22 with Victorian fireplace and decorative ceiling. Residents lounge with feature window, dado rail and marble fireplace.

LETTING BEDROOMS
9 letting bedrooms to sleep 22 (7 double and 2 twin/family rooms). 3 have en suite bathrooms while the remaining bedrooms have en suite shower rooms. 3 have four poster beds. All letting bedrooms have central heating radiator, colour television, radio/clock alarm, hairdryer and tea and coffee making facilities. Please note there is an additional double bedroom with wash-hand basin and separate bathroom which is not let and is currently used for storage.

OWNERS' ACCOMMODATION
The owners have the benefit of particuarly spacious accommodation which is entirely self contained and comprises of lounge with feature fireplace, 2 double bedrooms with en suite shower rooms, rear entrance and utility/laundry.

STAFF ACCOMMODATION
To the lower ground floor is a substantial bed/sitting room with en suite bathroom and separate kitchenette which can ideally be used as either staff accommodation or additional accommodation for owners.

SERVICE AREAS
Excellent spacious kitchen with a range of modern fitted units, fluorescent lighting, canopy and extraction and larder area.

OUTSIDE
Tarmac driveway to excellent parking area, surrounded by delightful mature gardens with lawn and herbaceous borders framed within mature hedges. Tool store.

2008 LISTINGS
visitBritain - 4 Star Silver Award KTA Guide Cumbria Tourism Guide

SERVICES
Allerdale District Council at Workington. Mains water, drainage, electricity and gas. Gasfired central heating.

TRADE
Certified accounts from the owners' Chartered Accountants in the form of a Trading and Profit and Loss Account show trading profits of £77,350 for the year ended 31 December 2007 on (flat rate VAT registered) turnover of £116,286.

PRICE
Offers around £895,000 are invited for the freehold complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.

DIRECTIONS
Travelling west on A66 take the first signposted route into Keswick. Continue down the hill (The Hawthornes) to the T-junction at the bottom. Turn right towards Keswick, passing over the old railway bridge and the new petrol filling station with the river on your right. As the road rises up and Keswick centre is in front of you, turn immediate left into Southey Street continuing on to the end. Turn right and Acorn House will be seen immediately on the left hand side of the road. M6 Motorway 17 miles, Penrith 18, Windermere 21, Manchester 117 and London 311 miles.

FINANCE
Colliers Robert Barry is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW
All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.


Property:
Freehold

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

related resources

Post your comments and questions in the Forum >>

View all the resources you need to get through the buying process in Don't Dream It. Do It. >>

Other buyers need finance to buy a business like this in Finance Wanted >>

selling your business?

If you own a business and are considering selling, visit our Sell a Holiday Business section.


BusinessesForSale.com recommends
  • HOW TO BUY A GOOD UK BUSINESS AT A GREAT PRICE
  • 100s of strategies & techniques to help you find & buy the right business.
  • Buy a good business for a great price
  • Click here for more

  • BUSINESS ADVICE BUREAU
  • Find the best finance for your business purchase. There is no need to mortgage your house to live your dream. We explore every avenue possible to provide you with the funding you need.
  • Smart Business Finance with Business Advice Bureau
  • Click here for more
  • GET PROFESSIONAL INDEMNITY INSURANCE
  • Professional Indemnity Insurance (PI) is designed to protect your business from financially devastating and often reputation-damaging claims made by dissatisfied clients.
  • More Than
  • Click here for more information

Advertisement


Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: