Charming Grade II listed property/business, enjoying a central location in this historic town. The home has been in existing ownership for 35 years, has a CQC “Good” rating in all five categories and offers 95% single bedrooms, all having ensuite facilities. The business is management operated, produces a fee income close to £27,950 per week with 95% occupancy.
There is valuable existing planning permission to convert an existing building into further fully compliant bedrooms each with ensuite.
Operating profit for the last financial year to 31.03.23 circa £500,000. Management accounts for last 6 months only showing trading profit of £285,000.
Ideal opportunity for either a first-time buyer or an existing operator looking to expand in this most attractive location.
- Asking Price:
- £2,950,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
