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Property Listing Details

Property details

  • 9 bedrooms
  • 8 bathrooms
  • 4 reception rooms

Features

  • Freehold
  • Investor or Business Purchase Opportunity
  • HMO Buy to Let
  • Business or Residential Purchase
  • Six Room Guest House
  • 5 Star Rating and Gold Award
  • Highly Rated Online Reviews
  • High Turnover Year on Year
  • Separate Three Bedroom Detached Accommodation
  • Opportunity for Further Business Expansion
  • Viewing Recommended to Fully Understand Opportunities

Listing view statistics

Last 30 days: 161 page views

Description

**viewing available today**

Business or HMO Residential Opportunity.

Enfields are delighted to welcome to the market this well-established and busy guest house business, which is ideally located within the popular town of Pontefract, West Yorkshire.

The property would be also ideally suited to an investor who’s looking for an opportunity to own a multi occupancy buy to let.

Guest House Premises

A substantial three storey Victorian premises in a prime trading location, briefly comprising:

Office and reception

6 Individual Guest Rooms with en-suite facilities

Dining room with 12 x covers

Commercial kitchen

Laundry room

Owners accommodation:

Two storey modern premises located to the rear of the guest house. Ideal for owners accommodation or further guest/rental opportunities and briefly comprising:

Lounge

Kitchen
WC


Bathroom

Master bedroom with en-suite bathroom

2 x double bedrooms

Dressing room

The business was established by our client in 2002 and is only now being offered to the market, due to our client’s desire for a well-deserved retirement. The business currently operates for 6 months of the year and generates a turnover in the region of £60,000 to £70,000 per annum according to the 2017,2018 and 2019 accounts.

Based over 1 year and at 80% occupancy for Bed and Breakfast the turnover is estimated at £165,000 per annum.

Our client offers 6 guest bedrooms on a bed and breakfast only basis. All the guest rooms are en-suite and are larger than most that are offered in the area, and are equipped with shower/bath, towels and robes, luxury toiletries, hairdryers, trouser press and flat screen TVs with DVD and usb points.

The business is a Gold Award winning establishment and Our client offers full English breakfasts or continental breakfasts that have been awarded the Kelloggs Breakfast Award and they are proud recipients of 5 stars (Excellent) in the Environmental Health Scores on the Doors Scheme.

Tower House Executive Guest House has just been awarded the HotelsCombined Recognition of Excellence Award for 2020.

This award is a recognition for consistently achieving the highest standards of customer satisfaction worldwide. The Award is not a ranking list but a group of outstanding accommodations chosen based on a strict set of criteria.

Tower House Executive Guest House received 203 reviews, resulting in an incredible score of 9.7 out of 10.

The business has built up an excellent reputation within the area for the very high quality of the accommodation and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is massive scope to increase the turnover by extending the opening hours and offering accommodation all year round. A new owner could also embark on a modest marketing campaign to advertise the business. The guest house already has an excellent website in place to promote the business at , as well as having excellent reviews on the popular travel website Trip Advisor and a page on the social media website Facebook.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership to take this already thriving business to the next level; therefore, early discussions with Enfields must come highly recommended to avoid disappointment.

Location

Tower House Executive Guest House occupies two adjoining, substantial three storey premises, ideally located within the town of Pontefract in West Yorkshire.

The property is a beautiful Victorian home, which has been restored to its original elegance.

The business is situated on busy Bondgate, which is a main arterial road leading into the town centre, therefore the guest house benefits from a high volume of footfall and passing trade, as well as a large car park and on-street parking facilities to the front of the premises.

Pontefract is a historic market town in West Yorkshire, it is one of the five towns in the metropolitan borough of the City of Wakefield. According to the 2011 census, the town had a residential population of 30,881. The central market square of Pontefract is well known for the market and the historic architecture that surrounds it.

The town boasts one of England’s greatest castles and is one of the original places where liquorice plants were cultivated. Pontefract is very popular with tourists and visitors, due to the activities offered, such as shopping, horse racing, historic castles, pretty villages and colourful carnivals, making it a great choice for a short break or family day out.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. Pontefract Monkhill railway station is just over half a mile away. The area also has excellent road connections, with the business being situated on the A645, which links to the national a-road and motorway networks. Wakefield is approximately 12½ miles away and Leeds is 17½ miles away.

External with:

Large car park

On-street parking

Tenure

We are advised Freehold

Hours

The business operates for 6 months of the year.

Staff

The business is owner run and managed with 2 x part time staff members.

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Pontefract Monkhill 0.2 miles
  • Pontefract Baghill 0.5 miles
  • Cherry Tree Academy 0.5 miles
  • Holy Family and St Michael's Catholic Primary School, A Voluntary Academy 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Pontefract Monkhill 0.2 miles
  • Pontefract Baghill 0.5 miles
  • Cherry Tree Academy 0.5 miles
  • Holy Family and St Michael's Catholic Primary School, A Voluntary Academy 0.5 miles

Market stats

Sale activity

Average estimated value for a house in WF8:

  • £268,199
  • Price decrease

  • -£7,587
  • (-2.751%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £245,652
  • Properties sold

    68

Rental opportunities

Not known

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Property descriptions and related information displayed on this page are marketing materials provided by Enfields - Pontefract. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Enfields - Pontefract for full details and further information.