Popular Guest House Business For Sale in Warmley Bristol
Business Details
Popular Guest House Business For Sale in Warmley Bristol
Warmley, Avon, England
Advert Ref: 3261
Business Description
Preferred Commercial is delighted to offer for sale this popular guest house, which has been in our client's careful hands since 2001 and which is only now being placed on the market due to his wish to retire. Ferndale Guest House offers 7 en-suite letting rooms, each with flat-screen Freeview TVs, microwave ovens and tea and coffee making facilities. The business boasts a monopoly trading location, being the only guest house in a 3-mile radius. Operating on a bed and breakfast only basis, the Ferndale Guest House generates a turnover in the region of £72,000 per annum with a gross profit of 65%. We are advised that there are numerous bookings as far ahead as next year. The property is well maintained throughout and offers owners' accommodation in a separate 2-bedroom house. There is scope to increase turnover by utilising booking sites such as LateRooms and Booking.com. The business boasts its own web site, which could be further developed to offer on-line booking facilities. We feel this is an ideal opportunity to acquire a popular 7-bedroom guest house with separate owners' house, in such a sought after location and with scope for further growth. Early viewing is highly recommended.
Business Status
Business for sale
Property
Freehold
Location
Ferndale Guest House occupies a prominent position close to a busy roundabout on the main A420 and ring road, in the Warmley area of Bristol. The property is set back from the road and benefits from ample car parking. There is a fuel filling station close by and bus stops directly outside. The guest house is ideally located for visiting Bristol, which lies 6 miles to the west. The city of Bristol is the largest centre of culture, employment and education in the region and has become a renowned centre for creative media, electronics and aerospace industries. The city is steeped in history and boasts some wonderful architecture. The area is easily accessible via the M4, M32 and M5 motorways and there is the airport less than 10 miles from the guest house.
Premises Details
Substantial 3 storey guest house property with separate 2-bedroom house, ideally located close to the ring road in Warmley, Bristol. Briefly comprising:
Ground Floor
Entrance hallway
Kitchen with a range of fitted wall and base units, 1½ bowl stainless steel sink, electric oven and gas hob with extractor canopy
Utility room with washing machine and tumble dryer
Breakfast room with tables and chairs for 14 covers
Double bedroom with en-suite shower, WC and wash basin
Family bedroom with en-suite shower, WC and wash basin
First Floor
Double bedroom with en-suite shower, WC and wash basin
Double bedroom with en-suite shower, WC and wash basin
Family bedroom with en-suite shower, WC and wash basin
Second Floor
Double bedroom with en-suite shower, WC and wash basin
Double bedroom with en-suite shower, WC and wash basin
Owners' Accommodation
Separate detached 2- bedroom property, briefly comprising:
Ground Floor
Entrance hallway
Open-plan lounge, kitchen and diner
WC with wash basin
First Floor
Landing/study area with balcony overlooking gardens to rear
2 x double bedrooms
Family bathroom with bath, shower cubicle, WC and wash basin
External
Patio area
Lawn
Ornamental pond
Parking for approximately 10 cars
Trading Hours
All year round
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Financial Details
Freehold Price: £580,000
Revenue: £72,000 Annum
Net Profit: Undisclosed













