Magnificent Victorian Guest House Southend Essex For Sale

Business description

LOCATION:
This Guest House is situated in the highly sought after Conservation Area of Southend on Sea, with uninterrupted views across the Bowling Green and only yards from the Cliff Tops with views over the Estuary and the Kent Coast. In addition the Guest House is literally only yards from Southend Town Centre and all the shopping facilities this centre provides.

DESCRIPTION:
The Guest House has been very cleverly designed to accommodate four guest rooms, spread on two floors, with kitchen and breakfast room on the ground floor. The owner’s living accommodation is on the lower ground floor.

The accommodation is as follows – original black and white tiled pathway and steps leading to entrance door and in turn to the entrance hall with stairs to first floor landing area, access to breakfast room with comfortable seating for twelve with views over the Bowling Green, feature tiled fire surround, coved ceiling.

KITCHEN:
Fully fitted in cream units with base units with roll top work surfaces and wall mounted cupboards, built-in five ring hob unit with double oven, two dishwashers and one refrigerator. Views over the garden from the stainless steel sink unit.

LETTING ROOMS:
The letting bedrooms are all on the first and second floors and comprise of two double rooms, one twin room and one family room with double and single bed, so could be let us a twin as well. All of the letting rooms are very tastefully decorated and furnished and all rooms have en-suite shower rooms and all have colour tv’s, tea and coffee making facilities, hairdryer, WIFI.

OWNER’S ACCOMMODATION:
The owner’s accommodation, which is situated on the lower ground floor, comprises of bedroom with en-suite bathroom, separate study area, spacious lounge and a large laundry room/store room.

The private rear garden is some 60-70’ in length (unmeasured), and comprises of crazy paved patio area to the immediate rear of the house and a spacious lawn area, two parking spaces entered from the rear. The garden is south facing.

TURNOVER:
We understand from the Vendor the turnover is some £60,000 per annum, showing the usual excellent gross profit margin this trade produced and we understand the net profit is some 50% of turnover.

STAFF:
The business is run solely by the Vendors with some assistance for cleaning.

TENURE:
This magnificent Victorian Guest House is being sold with the benefit of the freehold.

PRICE:
We are instructed by our Vendor Clients to offer this magnificent Victorian Guest House for sale at the very realistic price of £495,000, to include the freehold property, abundance of goodwill and the quality fixtures and fittings which will remain.

AGENT’S NOTE:
The Guest House is, without fail, one of the most successful Guest Houses within the Southend Borough. We feel the location within the Conservation Area and yet not directly on the sea front, and the many years of establishment, make this Guest House so successful.

In addition our Vendor Client has other property locally and if required there could be further letting rooms available.

Property information

Property:

Freehold