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Guesthouse In Newcastle Upon Tyne For Sale

Newcastle-upon-Tyne, Tyne and Wear, UK
Asking Price:
£525,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Turnover circa £100,000 per annum.
Sought after location in popular suburb.
Sleeps up to 20 guests.
Attractive 3 storey property in excellent order.
11 bedrooms plus kitchen and breakfast room
Currently run under management.
Rare to the market opportunity.
FREEHOLD Reduced - Offers Over £525,000

Property Information

Property:

Freehold

Living Accommodation:

Currently comprises a small managers facility.

Location:

The business is located in the heart of the sought after suburb of Jesmond, opposite the Cricket Ground and between the main shopping area and the Dene. Jesmond is approximately 1 mile due east of Newcastle City Centre and easily reached by car, public transport or on foot. Jesmond is an affluent area and contains a range of good shops including quality independents as well as the multiples. There are also a number of popular cafes, bars and restaurants. The business benefits from this central location and the guests are a pleasant mix of commercial residents during the week supplemented by a steady flow of weekend visitors.

Premises Details:

The property comprises a corner sited red brick built three storey property. The premises were refurbished in 2008, fully rewired and re-plumbed with the installation of new boilers and water heaters.

Energy Performance Rating:
C  View EPC Graph for this property

Contact North East Commercial

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