Business for Sale in BARRY, VALE OF GLAMORGAN - GUEST HOUSE FOR SALE IN SEASIDE TOWN, VALE OF GLAMORGAN - Freehold: £349,000

Key Information

Ref
H34449J
Type
Hotels Businesses: Guest Houses
Location
Wales: South Wales
Tenure
Freehold
Status
For Sale
Annual Sales
£62,000 Ex Vat
Accommodation
6 Bedrooms
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A long established and recently redecorated/updated Guest House business, only being made available for sale due to our vendor's ongoing health issue and a well earned wish to now retire.

Our vendor trades the business currently as a 5 Bed Guest House with private use of another bedroom for himself. There is a ground floor level Breakfast Room, (former Cafe/Coffee Shop facility) along with owner's Office/Lounge, Shower Room and Stockroom facilities. Externally, to the front of the building a welcoming section with patio/seating is available, whilst to the rear of the property a garden/yard is seen.

Owned and successfully operated by our vendor since 1997 he historically traded as a HMO and with an A3 advised Cafe/Coffee Shop, but for a number of years now has just been offering Guest House facilities, as the local major town and indeed its seaside location duly offers superb opportunities for year round trading.

Our seller advises that he enjoys lots of repeat custom from many satisfied customers and being located just a short walking distance from the waterfront/beach and within reach of the town centre, the business is therefore very well placed to benefit from demand. Having the added bonus of wonderful Cardiff city centre just 15 minutes or so drive away to the east and indeed Cardiff airport also but a short 10 mins appx drive away ot the west.

Sales are seen at appx £62,000p.a. on the accounts year to March, 2020, and for any ambitious and capable new owner there is undoubted scope to develop further upon this solid income level.

With excellent reviews on Tripadvisor, having its own website and also having been recently updated/redecorated to some areas, this opportunity is ripe for any new owner to take over and move forwards.

If you are looking for a manageable sized Guest House located in a historic seaside location in Wales, enjoying good regular income but with scope to develop further, then this opportunity is certainly one to be considered!

EPC Rating: C

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