Asking Price £600,000
Enfields are delighted to welcome to the market this well-established and busy guest house business, which is ideally located within the popular town of Pontefract, West Yorkshire.
The business was established by our client in 2002 and is only now being offered to the market, due to our client’s desire for a well-deserved retirement. The business currently operates for 6 months of the year and generates a turnover in the region of £60,000 to £70,000 per annum according to the 2017, 2018 and 2019 accounts.
Based over 1 year and at 80% occupancy for Bed and Breakfast the turnover is estimated at £165,000 per annum.
Our client offers 6 guest bedrooms on a bed and breakfast only basis. All the guest rooms are en-suite and are larger than most that are offered in the area, and are equipped with shower/bath, towels and robes, luxury toiletries, hairdryers, trouser press and flat screen TVs with DVD and USB points.
The business is a Gold Award winning establishment and Our client offers full English breakfasts or continental breakfasts that have been awarded the Kelloggs Breakfast Award and they are proud recipients of 5 stars (Excellent) in the Environmental Health Scores on the Doors Scheme.
Tower House Executive Guest House has just been awarded the HotelsCombined Recognition of Excellence Award for 2020.
This award is a recognition for consistently achieving the highest standards of customer satisfaction worldwide. The Award is not a ranking list but a group of outstanding accommodations chosen based on a strict set of criteria.
Tower House Executive Guest House received 203 reviews, resulting in an incredible score of 9.7 out of 10.
The business has built up an excellent reputation within the area for the very high quality of the accommodation and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is massive scope to increase the turnover by extending the opening hours and offering accommodation all year round. A new owner could also embark on a modest marketing campaign to advertise the business. The guest house already has an excellent website in place to promote the business at www.towerhouseguesthouse.com, as well as having excellent reviews on the popular travel website Trip Advisor and a page on the social media website Facebook.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership to take this already thriving business to the next level; therefore, early discussions with Enfields must come highly recommended to avoid disappointment.
Tower House Executive Guest House occupies two adjoining, substantial three storey premises, ideally located within the town of Pontefract in West Yorkshire.
The property is a beautiful Victorian home, which has been restored to its original elegance.
The business is situated on busy Bondgate, which is a main arterial road leading into the town centre, therefore the guest house benefits from a high volume of footfall and passing trade, as well as a large car park and on-street parking facilities to the front of the premises.
Pontefract is a historic market town in West Yorkshire, it is one of the five towns in the metropolitan borough of the City of Wakefield. According to the 2011 census, the town had a residential population of 30,881. The central market square of Pontefract is well known for the market and the historic architecture that surrounds it.
The town boasts one of England’s greatest castles and is one of the original places where liquorice plants were cultivated. Pontefract is very popular with tourists and visitors, due to the activities offered, such as shopping, horse racing, historic castles,...