Hotel/guest house for sale in Milton Keynes, England, United Kingdom MK19

£39,995
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Hotel/guest house for sale

Property description

Business
Please quote reference B07625

CoGoGo are delighted to welcome to the market on a leasehold basis, this stunning, well-established guest house business with an enviable reputation. Home Farm B&B has been trading under the careful and meticulous ownership of our clients since 2004 and only now is being offered for sale due to our client’s desire to retire from the industry.

Our clients did lease the business out to a buyer 2 years ago, but is now back in our clients ownership.

Home Farm B&B has an excellent reputation with guests for the high-quality service, excellent accommodation, and delicious breakfast cuisine, which has resulted in a loyal client base of both the business and leisure market, with a lot of repeat trade and word of mouth referrals all resulting in many positive reviews. The business attracts bookings from all over the UK with many of these being repeat visitors due to the quality accommodation on offer.

Over the last few years, the guest house itself has undergone a programme of refurbishment and can now be found in outstanding condition throughout.
The turnover is generated by offering a mixture of 7 letting rooms or 5 letting rooms with owner accommodation all with En suite facilities and benefiting from being tastefully furnished, with the property further benefiting from a breakfast room with feature log burner.

We feel there is scope to increase turnover with an increase in room availability to include weekends and the undertaking of a robust marketing campaign via local press, social media, and further promotion of the dedicated website.

This is a highly desirable turnkey business and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established or for an experienced operator looking for an additional business with the potential for an attractive income stream,

Very rarely do businesses of this calibre come to the open market therefore, early viewings must come highly recommended to avoid disappointment.

Location
The business is located in the Buckinghamshire countryside, situated in the picturesque village of Beachampton, just 15 minutes from Central Milton Keynes Silverstone racetrack, several National Trust gardens, and conveniently located for the National Bowl, Woburn Abbey, Bletchley Park, and Addington Manor Equestrian Centre. Stony Stratford is only 2 miles away and offers a variety of pubs, restaurants and further amenities

Premises
Home Farm B&B is located in a 300+ year old stone built beautiful farmhouse that has undergone a period of refurbishment to an excellent standard over the years, and that just oozes style and sophistication.

On entering the property, you are quickly aware that you have entered a guesthouse setting that is full of contemporary design complimented by quality fixtures and fittings running throughout the property and benefits from 7 lettings rooms all with En suite facilities, breakfasting room with feature log burner and fully equipped kitchen area. The business further benefits from excellent off-street parking and is set in stunning garden grounds.

Tenure
We are advised that this opportunity is being sold on a Leasehold basis, with a new lease to be offered to the new buyer. The rent is £3,500 per month.

Hours
Due to the nature of the business, it is able to operate all year round.

Staff

N/A


Financial Profile
Further financials can be made available upon request.

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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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