Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Minehead Guest House For Sale

Minehead, Somerset, UK
Asking Price:
£699,995 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Under £50K

A well-established and highly regarded guest house offering an excellent lifestyle business opportunity, ideally located within a short, level walk of Minehead seafront and town centre.

The Waverley occupies a prime position on Tregonwell Road, a popular hospitality location known for its collection of hotels and guest houses. Minehead is West Somerset’s leading tourist destination and the gateway to Exmoor National Park, with strong year-round appeal supported by Butlin’s Holiday Resort and a wide range of shops and amenities.

This substantial end-terraced property is arranged over three floors and currently offers 9 well-presented letting bedrooms, from a total potential of 11 guest rooms. Eight bedrooms benefit from en-suite facilities, with one having a private bathroom. The accommodation is complemented by generous private owner living space, making it ideal for owner-operators seeking a balanced work-life setup.

The ground floor is accessed via a wide entrance hallway and includes a guest sitting room, separate dining room, open-plan kitchen, and a range of flexible private rooms currently used as bedrooms, lounges, office/function space and an art studio, along with a private shower room. Recent improvements include the installation of five new en-suite bathrooms and redecoration of most rooms.

Externally, the property is set back from the road behind a level lawned foregarden and benefits from a garage and secure gated parking for up to three vehicles. To the rear is a lawned garden with shed, greenhouse and an attractive covered patio area, with inland views towards North Hill.

The business operates seasonally from April through to the end of October and trades deliberately below the VAT threshold, offering clear potential for growth through extended opening periods or increased occupancy. The guest house is run by a hands-on husband and wife team, with family support during peak times.

This is a rare opportunity to acquire a profitable hospitality business, substantial home and lifestyle investment in one of Somerset’s most popular coastal towns.

Property Information

Property:

Freehold

Living Accommodation:

Extensive private owner accommodation incorporated within the property.

Premises Details:

Substantial end-terraced guest house arranged over ground, first and second floors with foregarden, rear garden, garage and private parking.

Size in square feet:
Large multi-storey guest house with up to 11 potential guest bedrooms.
Planning Consent:

Established guest house use. Buyers should make their own enquiries regarding future use or development potential.

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Scope to extend the trading season, increase occupancy or revisit alternative uses, subject to planning. The property previously had planning permission for conversion to apartments, now lapsed.

Competition / Market:

Located in a well-established hospitality area with consistent visitor demand driven by tourism and local attractions.

Trading hours:

Seasonal operation from April to end of October.

Employees:
Owner-operated with family assistance during busy periods.

Other Information

Support & training:

Owners available to provide handover to ensure continuity.

Home based:
This business can be run from home