This a well established guesthouse which has been in the same family ownership for over 30 years but has now been placed on the market as they wish to retire.
The business is strong with an increasing turnover and excellent profits and is located in the heart of the sought after suburb of Jesmond, close to the main shopping area and the Dene. Jesmond is approximately 1 mile due east of Newcastle City Centre and easily reached by car, public transport or on foot. This is an affluent area and contains a wide range of shops including quality independents as well as the multiples. There are also a number of popular cafes, bars and restaurants in the area. The guests are a mix of commercial residents during the week supplemented by steady levels of weekend visitors.
The letting rooms are of good quality and the majority are en-suite. The property is currently configured to provide 3 x twin bedrooms, 4 x doubles, 5 x singles and 6 family rooms. There is no owners accommodation allocated at the moment as our client lives off site.
Comprises a three storey end terrace property of traditional brick construction with a pitched slate roof over.
Lounge with fitted bar
Bedroom 17 family room (4) with en-suite
Bedroom 18 family room (4) with en-suite
Bedroom 19 double with en-suite
Bedroom 1 double with en suite
Bedroom 2 family room (4) with en-suite
Bedroom 3 family room (4) with en-suite
Bedroom 4 single
Bedroom 5 single
Bedroom 6 family room (5) with en-suite
Bedroom 7 single with en-suite
Bedroom 8 single
Bedroom 9 double with en-suite
Bedroom 10 twin with en-suite
Bedroom 11 twin
Bedroom 12 twin
Bedroom 14 single
Bedroom 15 triple with en-suite
Bedroom 16 double with en-suite
We are verbally informed that the property is FREEHOLD. Interested parties should seek legal confirmation of this.
Rating D - If you require sight of the Certificate then please get in touch with this office.