Status: For Sale
Tenure: Freehold
Turnover: £77,730
8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location8 Bedroomed Guest House In Great Location
£449,950 + SAV

8 Bedroomed Guest House In Great Location

For Sale
  • Reference: 12424 H
  • Location: Tenby, Pembrokeshire
Hilton Smythe welcomes to the market Pen Mar Guest House. This family run guest house was originally established in 2007 by our clients. The husband and wife team are now looking to sell the business due to the desire to take a well-deserved retirement.

This is a large guest house close to the coast, locally located between Tenby and Saundersfoot. The guest house lets out its 8 rooms to many tourists at a reasonable cost. They also offer a breakfast service this includes tasty hot full English breakfasts served in the large 22 cover dining area. This is a highly popular service for the customers, preparing them for their busy day site-seeing.

The current turnover for the business is an advised £78,000 per annum with a gross profit of 80% as per 2016 accounts. This is a healthy turnover that could be increased.

The business receives a generous amount of trade from walkers and tourists that visit the area. The location means that this business is busy all year round. Our clients currently run the business at a steady pace and so with a hands on approach with the new owner, there could be a significant increase in turnover.

The business is rated 2nd out of 56 best B&B in Tenby on the nationally recognised platform TripAdvisor.

The business has a useful website which promotes the area well. There are photos of the guest house and also a booking system. This allows for customers to choose a date for a visit and also shows the prices of the different days available. The rooms can also be booked via sites such as Booking.com and Laterooms.

The guest house consists of different room types such as, double en-suite, family en-suite and twin en-suite rooms. Each room is well-equipped with a range of facilities such as TV, hair dryer, coffee facilities and more. Customers are also free to ask for extras, there is no request too big for our here to help clients. There are some excellent reviews on review sites such as TripAdvisor. The customers have added raving reviews about our clients and the guest house itself. With over 170 excellent reviews, this truly is a high quality business.

The premise includes an owner's accommodation, this is separate from the letting rooms, making this a perfect opportunity for a family looking to relocate to this beautiful location. Hilton Smythe highly advise early viewing of this coastal guest house, in order to take in the full potential.

TENURE

We are advised the business is Freehold.

HOURS

The business opening hours-

Run at a steady pace all year round.

STAFF

The business is run and managed by our clients.

FINANCIAL PROFILE

The business generates a turnover in the region of £78,000 per annum.
Gross profit 80% as per 2016 accounts.

OTHER

Pen Mar Guest House is located in Tenby, Pembrokeshire.

The guest house is situated just a short walk from the coast. This is a beautiful area with fantastic scenic views. There are many walks to take, the biggest attraction is the Pembrokeshire Coastal Path. This path runs from St Dogmaels to Amroth in the South. This is an outstanding walk with fantastic photo opportunities, and amazing wildlife.

The beach is approximately just a short 5 minute drive away. There is also the option to walk, using the laid out paths, the Pembrokeshire Coastal path is a short 5-10 minute walk away from the business. There are several guest houses, bed and breakfasts and caravan parks in the area to meet the demand of custom. This is a popular tourist location and is a must for walkers.
The premise was a former Italian restaurant and has been transformed into a successful 8 bedroomed guest house. There is a large parking area to the front and side of the property. The premise has a substantial sized garden with a double garage, for either parking or storage.

On entrance you are welcomed by the reception area. The door to the right heads into the communal living area. This is a great sized room with three large sofas and two other seat. In this room there is a cabinet which is used to promote flyers for local attractions.

From the reception area there is access to the kitchen and dining room and bar area. The dining room is large with around 22 covers; there is space for more. The bar area is in the dining room, there are stools and the bar is complete with alcohol dispensers. Through here is the access to the owner's accommodation.

Room 1:
Double bedroom with en-suite

Room 2:
Family room - double bed and bunk beds with en-suite

Room 3:
Double bedroom - en-suite

Room 4 (2 Rooms):
2 Part Family room - one room with double bed - one room with twin room and connecting En-suite in the double bedroom

Room 6 (2 Rooms):
2 Part Family room - one room with double bed - one room with twin room and connecting En-suite in the double bedroom

Room 7:
Double room with En-suite

Room 8:
Ground Floor Twin Room En-suite

Room 9:
Double bedroom En-suite

Owners accommodation

Ground Floor-
Kitchen with tiled floors, is well presented. Equipment includes- oven, two microwaves, fridge/freezer, additional fridge, built in cupboard units, 6 hob gas cooker/oven
Back door, small corridor with storage shelf to the left.
Courtyard with access to garden.
Living room, great size patio doors to courtyard
Downstairs bedroom/storeroom - could be anything currently a gym with built in units and en-suite shower room.

First Floor-
Single bedroom/office
Large double bedroom
WC & Shower room
Storage cupboard with washing machine

Contact us today for more information

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