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Business Details

Licensed Seafront Guest House in Scarborough

Scarborough, North Yorkshire, England

Advert Ref: 2269

Business Description

Preferred Commercial is pleased to offer for sale this fully licensed, 9 bedroom seafront guest house. The business is now reluctantly being placed on the market due to health reasons. The Victorian premises, built in 1822 boast 9 en-suite letting bedrooms and our clients have spent a tremendous amount of hard work and investment to bring the listed building to a beautiful standard throughout. As a result it is enjoying dramatic increases in sales over previous years and has extensive forward bookings. The Leeway generates a turnover in the region of £67,000 per annum with excellent gross profits. There are new Freeview TVs in all rooms, new showers in most rooms and two new en-suite facilities. There is a large dining room with 20 covers and private owners' accommodation. The addition to the premises of the new kitchen area is designed to allow the business to supply evening meals, not currently reflected in the turnover figures. This represents attractive additional revenue to any potential purchaser. We feel that this represents an ideal opportunity to acquire a well-established sea front guest house, which is truly in walk-in-and-trade condition. Early discussions with Preferred Commercial must come highly recommended.

Business Status

Sold

Property

Freehold

Location

The Leeway Hotel is situated in a most enviable location, with spectacular panoramic sea views overlooking the North Bay, which captures Scarborough Castle and the Yorkshire coast line. The business is situated on Queens Parade, a cliff top row of hotels and guest houses and is surrounded by a densely populated residential community and is close to the town's tourist attractions and amenities. The business benefits from guest car parking for approximately 6 vehicles to the front, nearby bus routes and is also less than 1 mile from Scarborough Railway Station. The location is one of the UK's leading seaside resorts with all year round visitors. It has excellent amenities and leisure complexes close to the main town centre along with Europe's largest open air theatre and Peasholm Park. The business is in a sought after area and is just off the main road, the A165, which leads to the town centre. Nearby are the main access roads to York, Whitby and Bridlington.

Premises Details

Mid terrace 5-storey period property, maintained to a very high standard throughout. Briefly comprising: Ground Floor Spacious residents' lounge with a licensed bar and feature window with sea views Bright and spacious dining room offering 20 covers Lower Ground Floor Private 1-bedroom studio apartment Shower room with WC and wash basin Walk-in wardrobe area New fully fitted luxury kitchen including two cookers First Floor Room 1 - Family/large double or twin room with wardrobe, en-suite shower room and Freeview TV Room 2 - Single room with wardrobe, en-suite shower room and Freeview TV Room 3 - Double room with king size bed, sea view, en-suite shower room and Freeview TV Second Floor Room 4 - Family/large double or twin room, dressing table, wardrobe, en-suite shower room and Freeview TV Room 5 - Single room with sea view, wardrobe, en-suite shower room and Freeview TV Room 6 - Double room with full bay offering stunning sea view, double wardrobe, en-suite shower room and Freeview TV Third Floor Room 7 - Family/large double or twin room, dressing table, wardrobe, en-suite shower room and Freeview TV Room 8 - Double room with sea view, double wardrobe, en-suite shower room and Freeview TV Room 9 - Double room with sea and castle view, wardrobe, en-suite shower room and Freeview TV External Large parking area for approximately 6 cars Rear garden with steps leading from pavement