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Bed And Breakfast In Glorious Wye Valley For Sale

Symonds Yat, Herefordshire
Asking Price:
£125,000 Furniture / Fixtures included
Sales Revenue:
£100K - £200K
Cash Flow:
£50K - £100K

Superbly located Bed and Breakfast business in the Wye Valley, between Ross-on-Wye and Monmouth.
Situated on the banks of the River Wye at Symonds Yat East, overlooking the rapids, where the river flows into a steep sided gorge under the famous Yat Rock.
Twelve letting bedrooms and owners flat, established for 50 years in a top tourist destination, ideal for exploring the outdoors.
Easy to operate and manage.
From the doorstep one can enjoy virtually every outdoor pursuit, whether relaxing oneself, or for customers.
Featured in numerous guides with a good Booking.com and Trip Advisor rating.

The current operators are retiring and have run the business at a fairly sedate pace. There is potential for future growth. At the moment the bar and kitchen are not being utilised, and could be used to furnish residents and increase turnover.

The property will be leased, ready to operate as a Bed and Breakfast business immediately from day one. Full redecoration of the exterior, and some interior decoration is currently being undertaken.

All regulations complied with:
Fire Alarm System
Boiler Service
Risk Assessments, etc

Lease
£125,000 ingoing
Annual rent starting at £32,000, rising in steps to £40,000 for the last five years.
Payable monthly in advance.
Chance to relinquish the lease after three and five years, with pro rata ingoing return.
Ten Year Lease or negotiable

This is a lifestyle business that is a fantastic opportunity for the right people.


If interested, please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

Ten year lease, negotiable.

Leasehold Rent:

£32,000-40,000.00 per annum

Living Accommodation:

One bedroom flat.

Location:

Riverside Hamlet.

Premises Details:

12 letting rooms, one flat, detached, ample parking, terrace, lawn.

Energy Performance Rating:
D

Business Operation

Expansion Potential:

Potential for more room income, bar and kitchen for residents.

Competition / Market:

One hotel, one Inn, one small B and B.

Reasons for selling:

End of tenure, retirement.

Trading hours:

To suit personal circumstances.

Employees:
One part time.
Years established:
50

Other Information

Support & training:

Support and advice offered.

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£2,000
Website:
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Contact Information

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