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£595,000
BURY ST EDMUNDS, Suffolk, Located in Suffolk Market Town
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Price:
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Contact:
01302 849101
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Description:
Located in Suffolk Market Town close to town centre, long established business, good turnover, building plot for 2/3 bedroom bungalow by separate negotiation. VIEWING HIGHLY RECOMMENDED.
DETAILS
LOCATION
This business is located in the Suffolk market town of Bury St Edmunds. Bury St Edmunds is situated off the main A14 trunk road close to the County Town of Ipswich. Bury St Edmunds is a highly sought after area and is currently undergoing extensive development including residential and commercial development. The area offers an excellent town centre shopping facility with an excellent further range of amenities, educational establishments, etc. It is our opinion that this location offers an excellent business opportunity.
BUSINESS PREMISES
The premises consists of 10 bedrooms of which currently 6 are used for guest accommodation. In addition there is a another small room which is currently used as a store room but could equally be used as a bedroom number 11. The premises are split into two at the present time with the owners occupying the west wing of the premises and the guest accommodation situated on the right wing. The guest accommodation consists of 6 en-suite bedrooms of which all have the facilities that you would expect from a 2 star AA rated guest house. The private accommodation consist of 4 bedrooms, private lounge measuring 6.64m x 3.07m, and a private kitchen/dinner measuring 5.96m x 3.02m. To the rear of the private accommodation there is a conservatory measuring 5.49m x 3.07m. At the rear of the property there is a garden area of which we are informed that this has full planing permission for a 2 bedroom bungalow. Please note that the present owners have commenced work on the bungalow and therefore the planning permission is now open ended (available by separate negotiation). To the side of the premises there is access with a car park for approximately 8-10 vehicles. We are informed that the building was extended in approximately 1991 and meets all health, safety and fire regulations.
BUSINESS
The business trades as a traditional Guest House offering accommodation and breakfast. The present owners have been in situ since 1988 and are now ready to retire. The business has a Two Star AA Rating and a range of clients including contractors, tourists particularly horse racing enthusiasts attending New Market races. We are informed that there is an extensive range of repeat business and recommendations and the business is fairly unopposed in the local area. Further financial information will be supplied to serious applicants after viewing the property.
RATES
Potential purchaser's should contact the local authority in order to establish the current rateable value and charges.
Property Type:
Single-Family Houses
For sale by:
Agent/Broker
Phone:
01302 849101
Posted:
Contact:
01302 849101
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Let me know if you have any questions. – Adams & Co
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More About this Listing: BURY ST EDMUNDS, Suffolk, Located in Suffolk Market Town
BURY ST EDMUNDS, Suffolk, Located in Suffolk Market Town is a Houses for Sale at 2 Newmarket Road in Bury St. Edmunds SFK. Find other listings like BURY ST EDMUNDS, Suffolk, Located in Suffolk Market Town and listings near 2 Newmarket Road by searching Oodle Marketplace for Houses for Sale in Bury St. Edmunds SFK.
BURY ST EDMUNDS, Suffolk, Located in Suffolk Market Town is a Houses for Sale at 2 Newmarket Road in Bury St. Edmunds SFK. Find other listings like BURY ST EDMUNDS, Suffolk, Located in Suffolk Market Town and listings near 2 Newmarket Road by searching Oodle Marketplace for Houses for Sale in Bury St. Edmunds SFK.