Profitable lifestyle business in Beautifull North Wales
|Living Area:||700 m²|
This is a fantastic opportunity to walk into a well-established, very profitable business and home, producing between £90,000 and £100,000 of net profit on an annual turnover of £200,000+. Currently only operated as a lifestyle seasonal business from Mid-March to the end October each year.
This highly profitable freehold award winning 4 Star Guest House boasts a prime location, in a pretty Welsh harbour town popular with tourists, on the outskirts of the Snowdonia National Park North Wales, only 8 miles from Mt. Snowdon, the highest mountain in England and Wales. The area is renowned for its natural beauty, sandy beaches and ancient castles. The famous Italianate village of Portmeirion, a major tourist attraction, is also only 2 miles away. 3 major narrow-gauge steam railways are located just a short walk from the guest house which benefits from a strong and loyal client base of returning customers that has been established over the years.
The property features 13 en-suite bedrooms in the main house, plus an additional one bedroomed attached guest cottage as well as on-site owners’ private one bedroomed accommodation. There is plenty of private parking to the rear of the property. An additional room is presently used as a small osteopathic practice but could be utilised for many other purposes, such as an art studio or hobby room.
The business was established and has been operated by the husband and wife owners for the last 12 years, with the additional assistance of two part-time, seasonal housekeepers. Breakfast is operated as a buffet continental type with fresh healthy foods offered, therefore no cooking skills are required for the daily running of the guest house.
For anybody wishing to expand the scope of this business, there is plenty of potential to develop further, with a full planning permission in place to extend to a 30-bedroom property with full food and drink service on site. Business plans are available to buyers if required.
The property is now on the market through an agent, but the owners are open and flexible to discuss any exchange proposal, being property, land, cash or valuables anywhere in the world. One of the owners has embarked on her new career as an osteopath and the other wishes to semi-retire after a long and rewarding career in the hospitality sector. The owners are open to any suggestions to address individual personal circumstances that would include a straight cash sale, part-exchange with cash either way or a straight swap, subject to valuations.
Looking to swap for: Please note that owners are interested in a straight sale, part exchange or property swap preferable the UK, Germany or an Alpine country but would consider anywhere. Ideal deal would be property value of £400-600,000 and cash difference but full value or even over would be considered with freehold being a preference. Ideal business for expat coming back to an instant easy profitable operation that would have no problem being supported by a bank.
NB: To ensure a smooth transfer, the current owners would be happy to assist the new owners run the business during an initial transitional period if required. Serious enquiries only.
This property is for sale or permanent swap through the owner.Contact the owner of this property
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