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63 High St 9 Room Bed and Breakfast Kirkby Stephen CA17 4SH $659,534 ($73,282/Room)



INVESTMENT HIGHLIGHTS
- Natural light
- Kitchen
- WC facilities
EXECUTIVE SUMMARY
The house is a former coaching inn, with many original features as well as the high ceilings and generous apportioned rooms one expects in a Victorian house. It benefits from double glazing, gas central heating and is beautifully decorated throughout.
Currently the property is ran as a successful B&B by Carol Pepper, for the past 25 years. Carol runs the business with family members and is looking to retire and spend more time with grandchildren. Over the past three years the turnover averaged £70,000 - £80,000, under the VAT threshold. This is based on only opening for 6 months from Easter to October. Turnover could easily be increased by extending opening periods, offering evening meals, afternoon teas and further advertising or outside catering.
On the ground floor is a welcoming entrance hall with turned staircase. The large guest lounge and bar area lead through to a beautiful dining room. There is a cosy owners lounge, commercial kitchen, rear hall, cloakroom and purpose built drying room. The first floor has five lovely en-suite lettings rooms, and stairs to a large store/bedroom. On the second floor are a further four en-suite letting rooms.
Externally, to the rear of the house is a large yard, ideal for parking, with access to Faraday Road. There is also a lovely private patio with garden area and lean to stores. Within the rear yard is a detached two bedroom cottage, this is available by separate negotiation and could provide owners accommodation or extra income for The Jolly Farmers.
An excellent family home or lifestyle business.
Currently the property is ran as a successful B&B by Carol Pepper, for the past 25 years. Carol runs the business with family members and is looking to retire and spend more time with grandchildren. Over the past three years the turnover averaged £70,000 - £80,000, under the VAT threshold. This is based on only opening for 6 months from Easter to October. Turnover could easily be increased by extending opening periods, offering evening meals, afternoon teas and further advertising or outside catering.
On the ground floor is a welcoming entrance hall with turned staircase. The large guest lounge and bar area lead through to a beautiful dining room. There is a cosy owners lounge, commercial kitchen, rear hall, cloakroom and purpose built drying room. The first floor has five lovely en-suite lettings rooms, and stairs to a large store/bedroom. On the second floor are a further four en-suite letting rooms.
Externally, to the rear of the house is a large yard, ideal for parking, with access to Faraday Road. There is also a lovely private patio with garden area and lean to stores. Within the rear yard is a detached two bedroom cottage, this is available by separate negotiation and could provide owners accommodation or extra income for The Jolly Farmers.
An excellent family home or lifestyle business.
PROPERTY FACTS
| Price | $659,534 | Lot Size | 0.09 AC |
| Price Per Room | $73,282 | Building Size | 3,628 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1900 |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Building Class | C |
| Price | $659,534 |
| Price Per Room | $73,282 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,628 SF |
| No. Rooms | 9 |
| No. Stories | 3 |
| Year Built | 1900 |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $119.92 | - |
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63 High St
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