 | Guest House In Tynemouth For Sale TYNEMOUTH, Tyne and Wear, United Kingdom Advert ref: BP062 FINANCIAL DETAILS | Asking price: £925,000 Sales revenue: < £200k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Turnover circa £180,000 per annum.
Tearooms trading weekends only.
7 en suite letting rooms plus owners accommodation.
4 Star English Tourist Council rating.
Excellent High Street “village” location with virtual monopoly.
FREEHOLD £925,000
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GENERAL INFORMATION | Property: Freehold
Location
The virtual monopoly location of the business brings benefits to both aspects of the business with the Front Street position generating high levels of custom for the tea rooms and some walk in trade for the bed and breakfast.
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The Business Partnership - North East | | | |
