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Characterful Boutique Bed & Breakfast In Central York For Sale

York, North Yorkshire
Asking Price:
£425,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£50K - £100K
Net Profit:
Available on request

An elegant Victorian three storey, end of terrace 7 bedroom town house set in the highly sought after Bishopthorpe Road area of York, North Yorkshire.

The road was shortlisted for the 'Great British High Street of the Year' Awards in 2014 and won the 'Great British High Street of the Year' award in 2015. It was voted by The Times as "one of the UK's coolest places to live " and has its own dedicated website, www.bishyroad.net. Bishopthorpe Road is a very popular residential area, accessible to the city centre, but with its own, well known parade of independent shops, café-delis and restaurants which hosts regular events and festivals. The location also enjoys excellent pedestrian access to some of York's prettiest green areas including the Knavesmire, Rowntree Park, Millennium Bridge and walks along the River Ouse.

This is a charming, quirky, interior designed guest house with a loyal clientele visiting year after year. This is a fantastic opportunity to run an established guest house which has been operating for over 25 years. The current owner has run it for 13 years.

The property offers over 1726 square feet of well proportioned and versatile accommodation throughout. This south facing house is an end of terrace which makes it a particularly light property in comparison to neighbouring houses and is not overlooked. This is not a through road and is unusually wide for the area.

The B&B currently offers seven guest bedrooms and no communal areas. 5 en-suite rooms and 2 with private shower rooms adjacent to the rooms. There is a kitchen and a large stock room which could be converted to extend the kitchen into a kitchen/dining room or back to a courtyard garden.

There is free guest permit parking directly outside the property and it is a short 10/15 minute stroll into the centre of the city. We are located between the city centre and the world famous York racecourse. Guest love the quiet location, friendly staff, unique, quirky rooms and a continental breakfast delivered to the room.

This really is an opportunity to run a successful, unique bed & breakfast in one of England's prime tourist destinations. Occupancy is near 95% all year round.

There is currently no owners accommodation but this could easily be achieved. The current owner has always rented a home nearby (she has two young children so living off site was preferred) which has worked perfectly well as the property has a digital entry system.

The business has an excellent reputation, consistently achieving 5* reviews on Tripadvisor and Booking.com.

Property information

Property:

Freehold

Living Accommodation:

There is currently no owners accommodation as the current owner has always rented a home nearby which has worked perfectly well.

Location:

A Victorian end of terrace located just off the Bishopthorpe Road area of York, a 10 minute walk from the racecourse and a 10/15 minute walk into York city centre.

Planning Consent:

Planning consent to convert back into a residential property.

Energy Performance Rating:
F

Business Operation

Expansion Potential:

There is potential to extend the current kitchen into a kitchen/dining room. There is also a basement which would make an excellent utility room.

Reasons for selling:

The owner is selling to buy a large Bed & Breakfast with her partner

Trading hours:

24 hours

Employees:
1 housekeeper
Years established:
25+

Other Information

Support & training:

Current owner is happy to have a period of handover regarding booking procedures, hand over of future bookings, website training etc.

Furniture / Fixtures value:
£25,000 - included in the asking price
Inventory / Stock value:
£10,000 - included in the asking price
Website:
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Home based:
This business can be run from home.

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