Award Winning Guest House In Tyne & Wear For Sale South Shields, Tyne and Wear, United Kingdom Advert ref: H108NE Business description
Lakey & Co are delighted to offer For Sale this well presented, character Georgian Guest House situated on Beach Road in South Shields. The accommodation is presented to a very high standard and has been significantly upgraded by our clients, to include a jacuzzi room. There are 9 rooms in total,3 of which are currently occupied by our clients,. The business must be viewed internally to be appreciated - definitely not your run of the mill guest house. There is huge potential for future growth from an already growing customer base. The property would also be suitable for alternative uses.
Property: Freehold
Living accomodation
There is ample space for owner accommodation.
Location
This business is situated in a prime location on Beach Road in South Shields close to both the Town Centre and the Sea Front. It also provides ample on and off street parking.
Expansion potential
The business is well positioned to be developed further as our clients currently occupy 3 family rooms for their own use - at least 2 of which could be made available to paying guests by new owners.
Reasons for selling
Our clients wish to pursue ther interests.
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| | Financial details Asking price: £339,000
Sales revenue: £42,000
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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