Hotel/guest house for sale in CF24, Cardiff, South Glamorgan, £845,000

845,000.00

Offer Nr.:
59254787
Type of ad:
for Sale
Property type:
Hotel/guest house
Contact name:
Bruce & Company
Phone(s):
0131 268 9615

* Freehold
* Under its current ownership for 26 years.
* Annual income of £73, 318 with a net profit of £29, 272.
* Very well - presented throughout with a high standard of decor.
* Freehold with owner’s accommodation.
Mayfair Guest House has 11 guest rooms of which 8 are en - suite and offers room
only accommodation in modern, clean and comfortable single, double/twin, and
family rooms at competitive rates. The turnover is maintained below the VAT
threshold at £73, 318 and shows a net profit of £29, 272
There is potential to convert one of the old dining room on the ground floor
back into a dining area, adding breakfasts to the services provided and
increasing prices to suit.
The guest house is an attractive three - storey semi - detached building with a
Welsh stone facia, ground and first floor bay windows a large patioed front
garden with a decorative palm tree and potted box hedging.
Ref: 48409

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)