Award Winning Guest House With Stunning Sea Views For Sale

Business description

This is an extremely succesful and profitable lifestyle business, easily run by a couple with no staff.(see reviews on www.tripadviser.com) Trading to a very high standard the six/seven roomed guest accomodation has achieved Four Stars with a Silver Award. The business primarily provides fabulous traditional bed and breakfast accomodation in its six elegantly and individually decorated guest rooms all of which boast excellent private en-suite facilities.
The building is a substantial and immaculate five storey Regency Townhouse of enormous charm and character which retains many original features. It is often described as a 'Tardis' due to its deceptive size. It is situated in a fabulous position in the sought after Old Town area of Scarborough, in the lea of Scarborough Castle and with stunning views of the harbour and South Bay. Although in a quiet street we are just 3minutes from the sea front.
The property comprises of 6 individually decorated en-suite bedrooms, charming residents lounge with sea views, elegant licenced dining room and bar, washroom, colourful conservatory, large south facing walled garden. New kitchen and white goods.
Tall Storeys has earned an enviable reputation for its quality of facilities and friendly hospitality in the course of many years succesful trading. It is superbly equipped with hand made four poster or half tester beds, chandeliers, beautiful mirrors and lamps, long case clocks, lovely furniture and high quality bedding and mattresses, plus fine china. The accent in all things is quality.
At present the business operates very profitably for just 9months a year, (outside of owners holidays) but due to desirable coastal position derives an excellent income even during winter months. Tall Storeys enjoys much repeat business from its association with the Stephen Joseph Theatre (where Sir Alan Ayckbourn previews all his plays) through its invited entry in the theatre brochure.
This business offers an excellent opportunity for anyone looking for the great combination of a thriving, easily managed and superbly equipped going concern coupled with a charming home in an appealing and desirable coastal setting.
Any new owner wishing to extend the trading period and/or pursue providing evening meals, which are often requested, could considerably increase profitability.

Property information

Property:

Freehold

Living accommodation:

High standard one bedroom owners accomodation. Utility room, lounge, office, lovely en-suite bedroom with french window to garden.

Location:

Fantastic position in the sought after Old Town area of the thriving seaside resort of Scarborough on the beautiful North Yorkshire coast. Overlooking the South Bay there are delightful sea, harbour and castle views. Three minutes walk to beach. Four minutes walk to Scarborough castle and the beautiful St Mary's church and graveyard containing Anne Bronte's grave. Close to excellent restaurants, pubs and theatre.

Other information

Expansion potential:

As previously described there is excellent opportunity for continued growth by trading for extended periods including Christmas and New Year, providing evening meals and introducing non-residents licenced dining, to exploit all year local demand.
The residents lounge could also be converted to another letting bedroom as there are ample sitting areas in the bar and conservatory.
The top floor could easily be converted to a luxurious penthouse suite providing the best views in the house.
Separate holiday cottage close by, sleeps 6 to 8 people, could be made available to greatly increase earning potential.

Competition / Market:

Tall Storeys is located in a residential area with no immediate competition. It provides a niche market for a small family run business providing excellent quality and personal service. Any new owner is inheriting a business which is well known as being a top quality establishment with an enviable reputation and much repeat business.

Support & training:

As desired, any support provided.

Reasons for selling:

Retirement

Trading hours:

to suit owners, at present 9months approx

Furniture / Fixtures value:

£40,000 (included in the asking price)

Inventory / Stock value:

£2,000 (included in the asking price)

Website:

www.tallstoreyshotel.co.uk