Financial Details
Asking price: £495,000
Sales revenue: £44,100
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
We are pleased to have been instructed to offer to the market this very well established guest house, which has been trading for 30 years.

The current vendor has been in ownership for the last 19 years and is reluctantly selling due to impending retirement plans.

The building is quite beautiful and extremely spacious seven bedroom hotel occupying a stunning and imposing freehold period Victorian townhouse built 1848.

The hotel is a well known business with an excellent reputation, having been awarded the prestigious AA diamond in 2006. The business provides accommodation and breakfast facilities for a wide range of professional commercial clients over a five day, Monday – Friday period only.

The hotel is licensed to serve alcohol to residents and offers luxurious en-suite bed and breakfast accommodation for up to 12 paying guests, alongside spacious separate en-suite facilities, providing an excellent standard of living for the owners.

The guest house appears on 2 websites, which furbish it with new clients and its is also supported by the local Best Western who send guest to them if they are full.

Many of the hotels clients return time and time again.

The guest house charges £45 - £55 per night for a single, dependent on room size and £65 for a double.

There is potential to offer evening meals, this could be an excellent bonus to the turnover, also weekend accommodation.

The present owners run the guest house as a life style business and are quite happy with its profitability as it is, a new owner may take a different attitude.

It is very rare that we find a guest house which is in such a splendid state of repair and décor, each room has its own signature and holds its own delights.

The whole house has a warm, welcoming atmosphere and is homely and delightful.

The business is staffed by the owner and 1 part time chambermaid, although this could be run by a husband and wife team only.

There is a secure area to the side of the building with an electric gate with car parking spaces for up to 8 cars.
REF: 9445S
General Information
Home based: This business can be run from home.
Property:Freehold
Living accomodation:First Floor • At top of stairs is the owners bedroom area – this is sited above the kitchen area and is a large double bedroom with a cupboard, separate walk in wardrobe and en-suite bathroom with shower, basin and w/c • Separate w/c with hand basin • 3 bedrooms off a large landing – 1 x double and single with shower en-suite, 1 x double with bathroom en-suite, 1 x single with shower en-suit • Landing leads to a stairway to the second floor Second Floor • Large landing with low storage cupboard and 3 rooms off, comprising of 3 good sized double bedrooms all with shower en-suite External • The house is paved to the roadway, has a side entrance for cars to the rear parking space
Location:Our client’s beautifully kept guest house is conveniently located in an extremely prominent position on the fringes of a market town in north Nottinghamshire, close to the edges of Sherwood Forest.

The town is in easy striking distance, by car, to the M1/A1 motorway and many well visited beauty spots and notable buildings. The town centre is a short walk from the guest house.
Premises Details:The property is a semi detached three storey mid Victorian town house and briefly comprises of:

Ground Floor
• Front door leading to lobby to inner door
• Large hallway with bowed feature window
• Large breakfast room set out for 12 guests
• Spacious lounge with a beautifully crafted bar, serving both draught and bottled beers as well as wines and spirits. There are a number of easy chairs and settees
• Additional sun lounge area, this is a recent addition to the building
• Reception desk
• Beautifully fitted kitchen with stainless steel fittings for easy cleaning. The kitchen has a large table/work surface in the centre and has a dishwasher, large commercial 6 burner cooker with double oven, griddle, extractor hood, microwave, sink and drainer, fridge with deep freeze, dry store cupboard. There is
also a 2 spot aga cooker which is not used but could be if required.
• Small room for private relaxation and also office work, this has a back door to the car park
• Laundry room
• Stairway to first floor
• Beneath stairway is the entrance to the cellar, which is used a s a workshop
All rooms are individually decorated in a highly tasteful manner, have tv and hot drink making facilities.

The guest house has recently been fitted with a brand new boiler.

Run at present as a life style business, the guest house has an excellent reputation and has potential also to add evening meals and to open to guests at week ends. Décor and equipment is to an extremely high standard, upkeep of the property is to the best. This is an ideal husband and wife business and is highly recommended.
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