Buy a Fantastic Guest House Situated In York City Centre business for sale in York on BusinessesForSale.com

  • Listing ID: 890036
  • (Seller ref: 0283)

Fantastic Guest House Situated In York City Centre For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£669,950 (Furniture / Fixtures included)
Turnover:
£51,000
Net profit:
< £100k


This superbly positioned guesthouse is situated on the outskirts of York’s city centre and is well positioned to enjoy good
access to all the city has to offer.

York is known as the North's spiritual capital for over 2000 years, York is central to Britain's colourful history. Visit the
stunning York Minster, enjoy Stonegate and Shambles shopping and live the York history at the JORVIK Viking Centre,
National Railway Museum and York Castle Museum.

The hotel is currently ran entirely by one owner who runs the business as a lifestyle venture as opposed to pushing the business to its full
potential.
The business has been well established for over 20 years and has had a steady stream of regular customers who have been coming to the
guesthouse on a regular basis for long periods. Many of the visitors to the guesthouse return on a very frequent basis.
Being situated in one of the UK’s most touristic cities offers huge advantages to the business which caters for both tourists and business
users alike.
The guesthouse has an incredible charm to it and still maintains a large number of traditional features including working fireplaces from
when it was built. All the rooms are incredibly spacious and have high ceilings and large windows as standard.
The premises are well fitted throughout to an exceptional standard, being traditionally furnished as well as all rooms having TV’s and tea
and coffee making facilities.
The guesthouse has a 2008 turnover of £51,000.00 which was ran under management. This is easily achieved again with the right input
from enthusiastic and committed new owners. The business also has very low overheads which make the business very profitable.
The guesthouse has only been ran using 3 letting rooms of the 8 in recent years to suit the owners needs, the owner has also been quite
selective regarding who is allowed to stay at the guesthouse.
All of this undoubtedly offers huge potential to increase the number of letting rooms to its maximum as well as offering evening meals etc.
The current owner is reluctantly selling due to other business commitments which mean she cannot put the time and effort into the
guesthouse to ensure it fulfils its immense potential.
THIS IS A FANTASTIC OPPORTUNITY TO RUN A TRADITIONAL AND WELL RAN GUESTHOUSE WITH IMMENSE SCOPE FOR GROWTH IN THE
FUTURE.


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.

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