Beautifully presented guest house, excellent main road location
2017 Turnover £56,809, 2018 Turnover £101,068 - NET profit £75k+
8 en-suite letting rooms, large private living accommodation
Viewing very highly recommended
This is an excellent opportunity to purchase a well-established and profitable guest house, offering 8 beautifully prepared en-suite letting rooms, plus private accommodation in Aberystwyth, Dyfed.
Aberystwyth is a historic market town, administrative centre and holiday resort within Ceredigion, West Wales. It is located near the confluence of the rivers Ystwyth and Rheidol. Since the late 19th century, Aberystwyth has also been a major Welsh educational centre, with the establishment of a university college there in 1872. The business enjoys a large amount of custom from the university from lecturers who travel or guest speakers, parents and holiday makers.
This fantastic traditional guest house is located on a prominent main road position close to the sea front, within a large number of quality residential dwellings and other small businesses.
Having successfully operated since our clients established the business in 2001, this business has over the years become very highly renowned and earned itself an excellent reputation for offering the best bed and breakfast facilities and has earned the AA Gold 4 star rating.
The business operates from a highly visible single fronted detached premises, which is presented to an excellent standard with an excellent range of fixtures and fittings to go with the sale.
This is a thriving and lucrative business, which is run by the owners 50 weeks of the year and enjoys high occupancy levels throughout the year. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or family that have the opportunity to assist the business to continue to thrive.
There is scope within the business. Currently one of the letting rooms is occupied by a family member and one of the two private double bedrooms could easily be turned into a letting room, generating additional turnover for the business. There is potential for opening an additional two weeks of the year as the business currently only trades 50 weeks a year.
This is a first class excellent business opportunity with fantastic scope for future growth. A viewing is therefore highly recommended to avoid disappointment.