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Tower House Guest House, Pontefract, West Yorkshire


Asking Price £600,000

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9
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Overview

9 Bedroom House for sale in Tower House Guest House, Pontefract, West Yorkshire

**VIEWING AVAILABLE TODAY**
Business or HMO Residential Opportunity.
Enfields are delighted to welcome to the market this well-established and busy guest house business, which is ideally located within the popular town of Pontefract, West Yorkshire.
The property would be also ideally suited to an investor who’s looking for an opportunity to own a multi occupancy buy to let.

Guest House Premises
A substantial three storey Victorian premises in a prime trading location, briefly comprising:
Office and reception
6 Individual Guest Rooms with en-suite facilities
Dining room with 12 x covers
Commercial kitchen
Laundry room

Owners accommodation:
Two storey modern premises located to the rear of the guest house. Ideal for owners accommodation or further guest/rental opportunities and briefly comprising:
Lounge
Kitchen
WC
Bathroom
Master bedroom with en-suite bathroom
2 x double bedrooms
Dressing room

The business was established by our client in 2002 and is only now being offered to the market, due to our client’s desire for a well-deserved retirement. The business currently operates for 6 months of the year and generates a turnover in the region of £60,000 to £70,000 per annum according to the 2017, 2018 and 2019 accounts.
Based over 1 year and at 80% occupancy for Bed and Breakfast the turnover is estimated at £165,000 per annum.

Our client offers 6 guest bedrooms on a bed and breakfast only basis. All the guest rooms are en-suite and are larger than most that are offered in the area, and are equipped with shower/bath, towels and robes, luxury toiletries, hairdryers, trouser press and flat screen TVs with DVD and USB points.

The business is a Gold Award winning establishment and Our client offers full English breakfasts or continental breakfasts that have been awarded the Kelloggs Breakfast Award and they are proud recipients of 5 stars (Excellent) in the Environmental Health Scores on the Doors Scheme.
Tower House Executive Guest House has just been awarded the HotelsCombined Recognition of Excellence Award for 2020.
This award is a recognition for consistently achieving the highest standards of customer satisfaction worldwide. The Award is not a ranking list but a group of outstanding accommodations chosen based on a strict set of criteria.
Tower House Executive Guest House received 203 reviews, resulting in an incredible score of 9.7 out of 10. 

The business has built up an excellent reputation within the area for the very high quality of the accommodation and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is massive scope to increase the turnover by extending the opening hours and offering accommodation all year round. A new owner could also embark on a modest marketing campaign to advertise the business. The guest house already has an excellent website in place to promote the business at www.towerhouseguesthouse.com, as well as having excellent reviews on the popular travel website Trip Advisor and a page on the social media website Facebook.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership to take this already thriving business to the next level; therefore, early discussions with Enfields must come highly recommended to avoid disappointment.

Location
Tower House Executive Guest House occupies two adjoining, substantial three storey premises, ideally located within the town of Pontefract in West Yorkshire.

The property is a beautiful Victorian home, which has been restored to its original elegance.

The business is situated on busy Bondgate, which is a main a...

**VIEWING AVAILABLE TODAY**
Business or HMO Residential Opportunity.
Enfields are delighted to welcome to the market this well-established and busy guest house business, which is ideally located within the popular town of Pontefract, West Yorkshire.
The property would be also ideally suited to an investor who’s looking for an opportunity to own a multi occupancy buy to let.

Guest House Premises
A substantial three storey Victorian premises in a prime trading location, briefly comprising:
Office and reception
6 Individual Guest Rooms with en-suite facilities
Dining room with 12 x covers
Commercial kitchen
Laundry room
Read more


Key Info

  • Investor or Business Purchase Opportunity
  • HMO Buy to Let
  • Business or Residential Purchase
  • Six Room Guest House
  • 5 Star Rating and Gold Award
  • Highly Rated Online Reviews
  • High Turnover Year on Year
  • Separate Three Bedroom Detached Accommodation
  • Opportunity for Further Business Expansion
  • Viewing Recommended to Fully Understand Opportunities

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Yr
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Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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