Bed and Breakfast Business For Sale in Cwmbran Gwent
Business Details
Bed and Breakfast Business For Sale in Cwmbran Gwent
Cwmbran, Gwent, Wales
Advert Ref: 3252
Business Description
Preferred Commercial is delighted to offer for sale this busy bed and breakfast business, which was established in 1973 and which has been in our clients' careful hands since 2003. The guest house is only now being offered to the market due to our clients' wish to retire. The business trades as required and generates a turnover in the region of £63,000 per annum with a gross profit of 66%. Springfield Guest House offers 9-letting rooms on a bed and breakfast basis. We feel the turnover could be further increased by embarking on a modest marketing campaign. There is also scope to offer evening meals. The business has an enviable reputation and has a 3-star rating from Visit Wales. The guest house has a loyal customer base and receives much repeat trade. There is a website in place advertising the business and services provided. The premises are well-equipped to suit the trade and have been well-maintained throughout. The property boasts 2-bedroom owners' accommodation with an en-suite bathroom. This is an ideal opportunity to acquire an already busy guest house with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Business Status
Business for sale
Property
Freehold
Location
Springfields Guest House occupies substantial 3-storey semi-detached premises, ideally located in a prominent trading position in an affluent suburb of Cwmbran, Gwent. The premises benefit from ample private parking and are surrounded by numerous residential and commercial properties. The local amenities are nearby, including a school and golf course. The premises boast easy access to the A-road network and the M4 motorway. Cwmbran town centre is 1.5 miles away and possesses a wealth of complementary shops and businesses. The town has excellent public transport links with bus stops and a railway station. Cwmbran is an industrial town, which is home to Burtons Biscuits and Contour Aerospace. Newport lies 4 miles to the south, while Cardiff is 16 miles to the south west.
Premises Details
Substantial 3-storey semi-detached guest house premises with 9-letting rooms. Briefly comprising:
Ground Floor
Owners' lounge, could be converted into a letting room
Guest lounge
Breakfast room with tables and chairs for up to 12
Kitchen with a range of fitted wall and base units
Room 1: standard single bedroom with sink unit
Room 2: standard double bedroom with sink unit
Room 3: standard single bedroom with sink unit
2 x WCs with wash hand basins
First Floor
Room 4: standard double bedroom with feature fireplace and sink unit
Room 5: double bedroom with en-suite shower room
Room 6: double bedroom with en-suite shower room
Bathroom, serving standard letting rooms
Private bedroom with en-suite shower room
Second Floor
Room 7: family bedroom
Bathroom serving room 7
Room 8: twin bedroom with en-suite shower room
Private single bedroom
External
The Pantry: double letting room with en-suite shower room
Laundry room
Garden with patio
Parking facilities for up to 12 vehicles
Double garage
Trading Hours
As required
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Financial Details
Freehold Price: £279,000
Revenue: £63,000 Annum
Net Profit: Undisclosed











