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Guest House Business In Whitley Bay For Sale

Whitley Bay, Tyne and Wear
Asking Price:
£299,950
Sales Revenue:
£60,000
Cash Flow:
Available on request

• Turnover circa £60,000 per annum.
• Sought after location in town centre.
• Registered for 22 persons (7 bedrooms).
• Attractive 3 storey property in good order.
• 12 bedrooms plus lounge and breakfast room.
• Potential development opportunity.
• FREEHOLD OFFERS OVER £299,950
• REF: NE404

Property information

Property:

Freehold

Location:

The property is located on the main route running down from the town centre towards the seafront and in an area where there are a number of other guesthouses and small hotels.

Premises Details:

Comprises a mid terraced 3 storey property.

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Placed reluctantly on the market as they wish to raise funds in order to invest in another opportunity.

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