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Two Town Centre Guest Houses With 22 Rooms For Sale

Stoke-on-Trent, Staffordshire
Asking Price:
£995,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
£50K - £100K

Property 1: A beautiful Victorian, 15-room guest house (plus proprietor’s room) and
Property 2: a 7 bedroomed house next door which was previously used as an overspill to the guest house. Ideally located in the heart of ‘The Potteries’ – within the busy town centre of Hanley in the ‘cultural quarter’ near to many clubs, pubs, restaurants and theatres (Regent Theatre, The New Vic and Victoria Hall) and only 10 minutes from the M6 motorway. Hanley is currently undergoing massive investment and development including a proposed 3,500 seater arena to be located only yards from the guesthouse. Alton Towers is approx. 30 minutes’ drive away.
Many of the Victorian features such as coving and high ceilings have been retained providing a spacious feel. All rooms have large TV’s, tea/coffee making facilities, mini-fridges, microwaves and crockery. Full CCTV throughout. Sale is due to retirement of the landlady who has been running the guesthouse for the past 40 years.

Property 2 needs still needs some renovation work although a full rewire (including installation of a fire alarm system) and plastering have already been completed.

If interested, please contact the seller through the form on this page.

Property Information

Property:

Freehold

Living Accommodation:

Proprietor lives in a bedroom next to the kitchen.

Location:

The Guest House is located in Hanley City Centre

Premises Details:

2 properties next door to each other:

Property 1) 15 bed victorian style guesthouse.
Room layout:
7 family (single & double beds) - 6 of these are en suite
3 twin
3 double
1 treble
1 single

Property 2) 7 bedroom property in need of some renovation. Can be used in conjunction with the guesthouse or kept separate.

Business Operation

Expansion Potential:

The two properties could be joined together (currently detached) to create a larger premises. Plenty of opportunity for modernisation, improvement and marketing.

Reasons for selling:

Retirement (landlady is now 80)

Trading hours:

24/7 365 days per year

Employees:
2
Years established:
40

Other Information

Support & training:

Would provide full training and support for as long as it takes until the new owner is confident.

Furniture / Fixtures value:
£50,000 - included in the asking price

Contact Information

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