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Eight Bedroom Guest House For Sale

York, North Yorkshire, UK
Asking Price:
£699,950
Turnover:
£104,000
Net Profit:
Undisclosed

GUEST HOUSE (EIGHT LETTING ROOMS, ONLY SIX USED) in York for Sale.

Ernest Wilson are delighted to bring to market this long established Guest House occupying a prime trading position just a few minutes’ walk from the walled city in this pleasant suburban site. The business has been successfully operated by our clients since 2005 and is offered for sale as they look towards the next chapter of their lives. Weekly turnover £2,000. The business trades over 48 weeks per year and currently over limited capacity of using only six of the eight letting rooms - massive potential for younger enthusiastic new owners to utilise more of the property to further boost trade. Our clients used to offer breakfast to guests however since COVID this service has no longer been offered - there is an under-utilised dining room on the ground floor - new owners could re-introduce meals or alternatively convert this large room in to an additional letting room (subject to any necessary consents). The owner’s private accommodation would also be ideal for use as a self-contained apartment / AirBNB style let if not required by the new owners as living accommodation.

The substantial and imposing mid-terrace premises are arranged over four floors, occupying a prime trading position with easy roadside parking and comprise. Ground Floor entrance hall with magnetic door release, under-utilised / former dining room. Access to the owner’s private accommodation comprising lounge, kitchen, bathroom and double bedroom, surrounding a private and enclosed courtyard - access for bin storage via private passageway.

First floor provides three double rooms (two en-suite), private bathroom plus office which was formally a single bedroom with en-suite.

Second floor provides three double rooms, all en-suite

Third floor accessed via spiral staircase provides an additional en-suite room which is presently used as additional private family accommodation. EPC Band C.

Property Information

Property:

Freehold