Status: For Sale
Tenure: Freehold
Turnover: £86,746
Busy Guest House in Helmsley For SaleBusy Guest House in Helmsley For SaleBusy Guest House in Helmsley For SaleBusy Guest House in Helmsley For SaleBusy Guest House in Helmsley For SaleBusy Guest House in Helmsley For SaleBusy Guest House in Helmsley For SaleBusy Guest House in Helmsley For Sale
£899,950 + SAV

Busy Guest House in Helmsley For Sale

For Sale
  • Reference: 13581 A
  • Location: York, North Yorkshire
Hilton Smythe is delighted to welcome to the market this well-established and busy multi-award winning guest house business, which is ideally located within the market town of Helmsley, North Yorkshire.

The current owners, now heading towards retirement of the business, purchased the Carlton Lodge in 1989. Previously a small hotel, the owners downsized in 2002 and have operated it since as an award-winning guesthouse/B&B. At the end of 2016 and early 2017, the owners took an extended break and reopened in March 2017. The last available audited accounts (2015) show a very respectable net turnover of £86,700 K, with a gross profit of approximately 83% on eleven months trading.

Our clients offer 8 cosy well decorated guest bedrooms, 7 en-suite and one double room with a private bathroom, accommodating 15 guests without using extra beds, which comfortably take the occupancy to 17. Naturally, all rooms come with the expected guest amenities, TV, DVD & CD players, DAB radio, hair dryers, I-Phone docking stations and beverage trays, whilst the whole building is Wi-Fi enabled. The bright breakfast room seats guests in comfort, whilst a living flame gas fire adds an ambiance on cooler mornings. The guest lounge offers an open fire with a treasure trove of visitor information, with relaxing seating on which guests sit and absorb the areas remarkable history.

A Premises License is held by the Carlton Lodge, but is not presently promoted or used.

The private accommodation has been developed over the years to allow the owners to raise their family in comfort. Comprising 3 large double bedrooms, a modern house bathroom on the first floor, with a lounge/dining area, private large office and a conservatory on the ground floor. The only shared facility is the well-equipped kitchen, now offering only the breakfast service. The total living area extends to over 400 square metres and is well decorated.

The Carlton Lodge enjoys an enviable reputation in Helmsley. With other B&B's in the town recently downsizing or closing, the Carlton Lodge is almost always the first port of call for those seeking personal owner contact and not the numerical indifference of the Helmsley hotels.

Returning clients provide the backbone of the business and contact is maintained via an active email newsletter and frequent seasonal offers.

Scope to increase business levels at the Carlton Lodge include the provision of increased services, dinner, a bar service and active social media promotion, currently underdeveloped by the current owners. An active website www.cartlon-lodge.com with real time 24/7 online booking present further opportunities, whilst review sites are regrettably currently ignored by the owners.

The opportunity then exists for new owners to take the business to higher levels. Ideally suited to a husband and wife or family team, scope exists to operate further business interests within the premises, as is currently the case. Early contact and discussion with Hilton Smythe is therefore advisable, and we have been informed by our clients that they are prepared to work with the new owners to relay any of their huge experience to the benefit of the purchaser.

TENURE

We are advised Freehold.

HOURS

Whilst an extended 3 months' break was enjoyed in late 2016 and early 2017, the business normally opens for 46/48 weeks of the year.

STAFF

The business is owner run and managed with a cleaner, gardener and part time administrator.

FINANCIAL PROFILE

The business generates a respectable turnover in the region of £86,700 per annum, with a gross profit of approximately 83%, as per the 2015 accounts.
The Carlton Lodge occupies a substantial 2 story building in an elevated position on the eastern edge of the 12th century Market Town of Helmsley. The striking premises circa 1860, benefit from a prime trading position on the A170, ensuring considerable passing footfall. To the east side of the Carlton Lodge there are 10 private parking spaces, with public gardens to the south and private gardens to the west.

Helmsley is a market town within the District of Ryedale and the North York Moors National Park. A walkers' paradise, cycling, both mountain and road, combined with the huge history and heritage of this region, ensure many return visits. The National Park boasts the largest expanse of heather in England and is described as '550 square miles of glorious wilderness waiting to be explored'.

Famous and celebrated local destinations include Riveaulx Abbey, Castle Howard, Flamingo Land, Helmsley Castle, Duncombe Park with a National Bird of Prey Centre and many many more.

Helmsley itself enjoys a variety of decorated businesses, including delicatessens, bookshops, wine shops and exceptional clothes outfitters and a very active business group, winning the Market Town of the Year Award in 2016. A recent Sunday Times article listed Helmsley as one of the Ten Best Places to Live in England. A unique feature of Helmsley is an open air heated swimming pool, one of less than 100 heated outdoor pools today, and currently the subject of a huge refurbishment programme.

As a Market (Friday) Town, Helmsley is approximately 15 miles from other local towns, which was the distance considered as a maximum to drive cattle to and from market. Other local towns include Kirkbymoorside, Malton and Pickering, home of the North York Moors Steam Railway, a massive visitor draw with regular visits from famous steam engines, including the Royal Scot and the Sir Hugh Greasley. Public transport links the town and main line railway stations include Thirsk, Northallerton and York.
Substantial two storey premises, in a prime trading location, briefly comprising:

Guest house with:

• Residents' lounge.
• Dining room with 16 x covers.
• Public WC.
• Twin room with en-suite.
• Double room with en-suite.
• Superior double or family room with en-suite.
• Double room with en-suite.
• Double room with private bathroom.
• Single room with en-suite.
• Superior double or family room with en-suite.
• Double room with en-suite.

Private Accommodation with:

Ground Floor:

• Lounge/dining room
• Conservatory
• Utility room
• Pantry
• Rear store/workshop
• Office
• Cellars X2
• Garden

First Floor:

• 3 Large double bedrooms
• Family bathroom

Shared Facility:

• Kitchen

External with:

• Private parking for 10 vehicles
• South facing front gardens.

Contact us today for more information

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