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Guest House Morecambe Lancashire For Sale

Morecambe, Lancashire, UK
Asking Price:
£289,950 Furniture / Fixtures included
Turnover:
£55,000
Net Profit:
Available on request

Sovereign Business Transfer is delighted to have the opportunity to market this 10 bed guest house with spacious private living accommodation, in the heart of Morecambe, Lancashire. Each room features a television, free tea and coffee making facilities as well as an iron and hairdryer. Most rooms have a private bathroom with toiletries and towels included. The remaining rooms have sharing bathroom facilities although these are often occupied by family groups.

The guest house boasts a prominent location with panoramic views close to Morecambe Bay and is situated just a few minutes’ walk from the promenade. The beautiful seafront with sandy beach is also accessible only 100 yards from the business. Morecambe lies approximately 3 miles from the historic city of Lancaster and is just a 30 minute drive to the Lake District.

The resort has benefited from substantial regeneration in recent years, with the new promenade, and offers a relaxing break for tourists. Lancaster City Council has also recently approved the redevelopment of the derelict Frontierland site in Morecambe centre, which will introduce a new retail park and in turn will bring in firstly contractors and then tourists and local trade. There are also many festivals and events throughout the year, such as the Kite Festival, 50’s Festival and Jazz Festival, which draw huge numbers to the resort, which is easily accessible via both the A6 and M6 and also boasts a train station with links to Lancaster, Preston and Leeds. With the Lake District so close by, the guest house also attracts avid hikers and walkers.

This relatively easy to run lifestyle business has low overheads and would suit an enthusiastic owner operator who could build upon the already respectable takings and therefore further increase the overall profits. Viewing is therefore highly recommended.

Business ID: 2801
Annual Turnover Circa £55,000.00 With Scope To Achieve £200,000+
10 Letting Rooms With Both En-suite & Shared Bathroom Facilities
Awarded No.2 Out Of 25 B&B’s in Morecambe On TripAdvisor (Verified 21/07/20)
Beautifully Presented Throughout With Extensive Recent Refurbishment
“Certificate of Excellence” from Tripadvisor and 9.1/10 on Booking.com (Verified 21/07/20)
Located 100 Yards From The Beach & Promenade Just 10 Minutes Away
5* Food Standard Agency Rating

Property Information

Property:

Freehold

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