Profitable Town Location Guest House & Beautiful Home For Sale

Business description

A rare opportunity to acquire a busy, successful, and long-established Guest House business in a residential/light commercial area of Taunton, the County Town of Somerset.

Offering the best of both worlds - the convenience and accessibility of a town location; and a property full of character which attracts guests and brings them back time and time again - a winning combination for year-round trade.

An opportunity to live and work in a delightful historic property, yet with the benefits of being close to the amenities and communication links of Somerset’s busy county town.

Profitable business; 8/9 bedroomed house; Flexible accommodation; Huge outbuilding with potential.

A substantial house on an extensive plot with very flexible accommodation and currently operating as a successful and profitable Bed & Breakfast/Guest House with 7 en-suite letting rooms. Awarded 4 Stars with a Silver Award by VisitBritain. Offered for sale fully equipped as a going concern for immediate income, to include the business website which currently has a Page 1 placing on Google.

Excellent and spacious 2 bedroomed owners' accommodation.

A stone and brick outbuilding of around 1300 sq.ft (120sq.m) ground floor area offering the potential for a second business on the site, or as an adjunct to the main house/existing business, or for conversion to self-contained accommodation.

Building Plot with full planning permission included.

A comprehensive information package, including floor plans and site map, is available. To request a copy by post or email please let us know via the "Contact Seller" button.

In the present market conditions we would consider perhaps accepting a residential property in part-exchange for this business. Naturally, this would depend on valuation, location, etc., but, should you feel that there is any potential for pursuing a part-exchange deal involving your present property, please do let us know.

Property information

Property:

Freehold

Living accommodation:

The owners’ accommodation is principally in an extension, built in 1997, which stands between the business areas and the barn. Currently it is arranged as a very spacious bedroom and a bathroom on the ground floor, plus a double bedroom, bathroom, and storeroom/potential kitchenette on the first floor. This extension was designed with flexibility in mind. There is direct external access and the ground floor could be rearranged to form a living room and kitchen thereby creating a self-contained unit. Off the main kitchen there is a sitting room/office for the owners.

Location:

A former Farmhouse, situated on the north-western edge of Taunton, 1½ miles from the centre of the town and the railway station. The farmland was developed around 25 years ago, and the premises are now an “oasis” with modern residential or light commercial development on all sides. There is a frontage (and signboard) onto Bindon Road, which is a through road and bus route. The vehicle entrance is in Speke Close, which is a residential cul-de-sac. Taunton’s western relief road (Silk Mills Road) is at the end of Bindon Road, and the main A358 route to West Somerset is about half a mile away. Local shops are within five minutes walk. Junctions 25 and 26 of the M5 Motorway are both 10-15 minutes away by car.

Other information

Expansion potential:

The huge barn offers considerable scope for business use, subject to necessary consents. It could potentially be used as the base for a second business, to provide additional accommodation for the B&B/Guest House, or to provide units of self-contained accommodation such as serviced apartments.

Opportunities exist to increase revenue by establishing a bar and offering evening meals, or, indeed, upgrading the business to a boutique hotel.

Included in the asking price is a small adjoining plot of land on which full planning permission has been granted for the construction of a 3 bedroomed detached house.

Taunton itself is entering a period of rapid development, with an on-going project aiming to create over 7000 new jobs, more than 2000 new homes in the town centre, and at least 18000 new homes across the whole of Taunton.

Competition / Market:

Taunton is officially acknowledged as having a shortage of overnight accommodation within the town area. There is limited competition from B&Bs with 2 or 3 bedrooms on the periphery of town and a small number of traditional Guest Houses on the approach roads.

Support & training:

The present owners would be happy to assist during a handover period.

Reasons for selling:

Retirement.

Website:

www.yallands.co.uk