Built in 1869, this six story Victorian town house has been a small hotel/guest house since at least 1882 and the current owners have successfully run it for 21 years having refurbished it to a high standard throughout. Situated in an elevated position with panoramic views of the harbour and Hillsborough Nature Reserve. The main entrance is on Larkstone Terrace and has an entrance hall leading to a spacious guest lounge and separate bar. The floor below provides the breakfast room, office and kitchen facilities. The whole lower ground floor is utilised as a 2 bedroom owners suite, with lounge and bathroom. The three floors above the main entrance have three guest bedrooms per floor, of which six bedrooms have the stunning sea views and three overlook the entrance. The private suite has gas fired radiator heating and the remaining floors have electric heating. There is parking outside on the main road (there are approximately 40 on street parking spaces along Larkstone Terrace, Hillsborough Road directly at the front of The Collingdale) and the current owners rent 7 spaces in a private car park nearby (an arrangement that may be available to new owners’ subject to agreement).
THE BUSINESS
A well-presented and respected guest house within the town with excellent reviews on TripAdvisor. This is a genuine retirement sale after 21 happy years in the same ownership. Opening from May to September and run by a husband and wife team the turnover is in the region of £85,000 per annum. This is a highly desirable business with sound profits and scope to increase further. The business is for sale fully furnished and equipped excluding personal items as a guest house but could equally be converted to flats (subject to planning permission) or used for multiple family occupation.
AGENTS NOTE
Please note this property is in a conservation area.
