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Thriving Guest House In Coastal Town Of Porthcawl For Sale

Porthcawl, Mid Glamorgan, UK
Asking Price:
£485,000
Turnover:
£60,000
Net Profit:
Available on request

RETIREMENT SALE OPPORTUNITY!

A Very nicely presented & easily/well run 12 bed Property/Guest House, situated only a few hundred yards from the waterfront and also very near to the town centre & a most convenient car park in the highly sought after town of Porthcawl in glorious South Wales.

Run by a husband & wife team without any staff and only now coming to market due to a wish by our sellers to retire.

Long established business with excellent Trip Advisor reviews, ideally situated in this busy, year round trading location. Within easy, short walking distance to the seafront as well as the vibrant town centre.

Porthcawl is a bustling, year round town with ample shops, bars etc alongside a highly utilised theatre, lovely promenade, funfair and one of the UK's largest holiday parks, thereby ensuring high levels of visitors all year round.

The Guest House has a total of 12 bedrooms offering a mix of singles, doubles & family rooms, all presented in good, clean order with all the home comforts you would want for your stay. For information.. our sellers currently occupy one of the bedrooms for their own private use, have their own lounge and have recently fully updated the excellent Kitchen.

Easily achieved sales income is advised as heading for circa £60,000 p.a. for recent trading year, and we also have a number of previous years' accounts on file showing similar good levels of declared trading.

Given that there is no online booking facility utilised at present and that no advertising is being undertaken, and with Porthcawl being such a vibrant year round destination, it is felt that new owners could easily improve upon these sales figures if so desired.

Fully equipped and ready for new owners to just walk in and continue trading, this great proposition comes most highly recommended by us at EM&F.

EPC Rating: C

Property Information

Property:

Freehold

Living Accommodation:

Accommodation Included.

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