Hotel/guest house for sale in Mablethorpe, England, United Kingdom LN12

£525,000
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Hotel/guest house for sale

Property description

Business
Please quote reference B06267

CoGoGo is delighted to welcome to the market this stunning, guest house with an enviable reputation.

Victoria Guest House has been trading for over 20 years and been in our client’s careful ownership since 2019, now only being offered to the market as our clients are relocating.

The business has an excellent reputation with guests for the high-quality service and excellent accommodation, which has resulted in a loyal client base and has given the business a lot of repeat trade and word of mouth referrals resulting in bookings from all four corners.

Victoria Guest House is popular with tourists, wedding parties, walkers, businesspeople, one off weekend breaks and contractors.

The business has a choice of 9 en-suite bedrooms, ranging from doubles, twin and family king and super king rooms. They are a 'dog friendly' guest house and have several pet friendly rooms.

Over the last few years, the guest house itself has been very well maintained with a recent renovation costing around £100,000 including jacuzzi and sauna and so can now be found in great condition throughout.

Turnover is generated by offering 9 letting rooms and 1 self-catering apartment.

-free wifi throughout the premises Onsite parking available for guests

-Licenced bar open to residents and non-residents

-Restaurant open to residents and non-residents.

-Serving breakfast and evening meals.

-Also holds several themed nights throughout the year.

-Pool table, darts board, fruit machine and other bar games

There is scope to increase turn over with the introduction of online partner booking sites, perhaps national press marketing to attract and grow the weekend break experience.

This is an excellent opportunity for a new owner to take this exciting business opportunity to the next level.

Viewing is highly recommended to fully appreciate.

Location
Mablethorpe with its glorious sandy beaches, colourful beach huts and fairground is a few miles north of Sutton-On-Sea on the Lincolnshire coastline.

Victoria Guest House is situated on Victoria Road, a short walk from the main town, with its amusements, shops and various places to eat and drink Queens Park with its ride on train, splash park and boating lake is a short walk around the corner. The lovely award-winning beaches are just a short stroll from the guest house.

Premises
Victoria Guest House is located in a substantial, beautifully presented period property that has been tastefully refurbished to a good standard whilst retaining many of the attractive features, with the guest rooms, en-suites, and bathrooms finished to a tasteful standard.

Tenure
Freehold

Hours
The business trading hours are as followed:

Monday to Friday - 08:30am - 21:00pm

Saturday and Sunday - 08:30am - 22:00pm

Staff
The business is ran and managed by 4 part time staff members.

Financial Profile
Financial information available upon request.

Please quote reference B06267

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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