Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Immaculate 5* B&B With Sumptuous Owners Accommodation Licensed For Sale

Richmond, North Yorkshire
Asking Price:
£799,999
Turnover:
£50K - £100K
Net Profit:
£50K - £100K

West Layton Manor B&B occupies the central portion of a grand Victorian manor house, formerly the seat of Lord Rokeby and later a colliery owner' sprawling estate. Now sympathetically divided into a magnificent property the B&B includes the original entrance to The Manor along with some of its grandest features. The truly outstanding Oak staircase being a prime example of this.

The freshly finished remodelling and refurbishment project has crafted a successful business that currently operates as a luxury 5 Bedroom B&B, encompassing a truly sumptuous owners' suite. The property is a thoroughly 5* home, in a very popular location. The Manor itself is in excellent order with attractive running costs facilitated by a Biomass boiler, LED fittings and Business Rate Relief etc. The boiler is protected by parts and labour cover for a further 6 years without fee (other than routine servicing of £150 per annum).

The business is well established, having traded for 3 years with a consistent turnover, operated sub-VAT threshold as a lifestyle business suiting those seeking a great balance. Occupancy rates and turnover prove very attractive (without any dedicated marketing, other than third party booking sites). An efficient and easy to use booking system delivers excellent flexibility in terms of operation / opening. A feature rich and informative website has been carefully crafted as a superb marketing tool.

Throughout the properties major redevelopment, the business has continued to operate on an ad-hoc basis, retaining a market presence whilst achieving attractive occupancy and turnover figures. The market demand is consistent, with the accommodation successfully appealing to luxury and international travellers for holidays as well as those undertaking long distance journeys from East-to-West and North-to-South. The numerous wedding venues, country houses, Catterick Garrison and other surrounding attractions ensure year-round opportunity. The regular - 2018 - Tour de Yorkshire includes a stage/finish in Richmond.

The recent design and formation of "The Manor Suite" broadens the properties appeal with room rates commanding from £130 to £225 per night, plus optional extras such as early check-in and late check-out. Champagne retails at £45 per 75cl bottle. Mini-fridges are fitted in each room and the B&B now benefits from both a premises and entertainment license permitting lucrative alcohol sales. A terrace exists for Champagne afternoon tea for example.

Exclusive use parties currently stay - on a B&B basis - at £744 per night, with the property also boasting planning permission to operate as a small hotel, meaning the owner's accommodation could be let with the potential to add a 6th bedroom (at a rate of £225 per night, or £969 in total). Space exists for a bar, restaurant or an accessible bedroom to be facilitated.

For those looking for a rewarding lifestyle business, the self contained owner's accommodation is a sumptuous suite, fitting for The Manor it boasts a freestanding copper bath, Calacatta Viola Marble (Mandarin Stone) with en-suite shower room and slab marble seat. Couples wash hand basins carved from Calacatta Viola marble adorn the gilded vanity unit. Traditional gold fittings give the suite a truly outstanding feel.

The business is presented with regulatory compliance with a new fire detection system, new emergency lighting system, premises / entertainment license and all relevant business rate valuations etc (Nil payable).

The business also grants attractive / negotiated terms and rates with local suppliers such as farm shops, distributors of fine foods and linen hire companies. These are free of commitment and as such new owners could choose to continue such agreements as they desire. The business operates without direct employees, though it has an experienced local labour market offering a pool of skilled workers.

The business and its outstanding package are truly turnkey, presented with future bookings offering the potential owner a confident start to the forthcoming season. For absolute convenience the owners are open to negotiation on all fixtures and fittings, on a fully flexible basis.

In brief;

Excellent website driving direct bookings (westlaytonmanor.co.uk)
Channel manager online booking system (with access to all major booking sites)
Outstanding and consistent 5* reviews (Booking.com and TripAdvisor etc)
Professional Wi-Fi / data cable installation (recently installed)
Regular and frequent repeat visitors
Fire regulation compliance
Excellent running costs with a maintained biomass boiler and LED fittings throughout.
Training and Support provided F.O.C. by the current owner on exchange (including a complete breakdown of the current operations)
Amendments to the businesses website can be undertaken by the new owner, or with the offer of assistance from the current owner

Still huge potential to build upon the businesses current success.

Sold with vacant possession and no-onward chain. Turnkey for the 2018 Season.

Property information

Property:

Freehold

Living Accommodation:

A luxurious and expansive suite which comprises of a sitting room, bedroom and full marble en-suite bathroom complete with a large freestanding copper bath.

Location:

Ideally situated for Scotch Corner (A1(M)) and the A66 for travellers heading both North-to-South and East-to-West. Within 15 minutes of both historic market towns of Richmond and Barnard Castle. The internationally renowned Bowes Museum just 10 minutes away.

Size in square feet:
6,000
Planning Consent:

Small hotel

Business Operation

Expansion Potential:

Huge potential for future development. Evening meals, champagne afternoon tea, events, bar, mini-bars and the possibility of letting extra rooms is visible. Adding an additional accessible en-suite bedroom on the ground floor would be feasible. Letting of the owners accommodation/suite would generate an additional £225 per night. The three cellars offer ample storage or expansion opportunities.

Competition / Market:

None locally. Other establishments occupy smaller or lesser rated venues or rooms over pubs.

Reasons for selling:

Recently refurnished, now a turnkey lifestyle business.

Trading hours:

Currently run on an ad-hoc basis providing a significant supplementary income.

Employees:
0
Years established:
3

Other Information

Support & training:

Fully comprehensive training will be provided by the current owners. Written manuals regarding the operating of the B&B are provided, including all suppliers and operational aspects.

Website:
Login or register to view link
Related Documents:
Home based:
This business can be run from home.

Contact Seller

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here