11 bedroom Property for sale in Blackhorse Road London E17

Sale Price: £1,200,000

Blackhorse Road London, E17 7BE

Property
11 Bed(s)
-- Bath(s)
Available

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Street Address

Blackhorse Road London, E17 7BE

Property description

Established bed & breakfast business - FOR SALE/FREEHOLD


Key Features
Bed & Breakfast
11 rooms available
En-suite bathroom in every room
Annual income of £75,000
Net profit £25,000 to £30,000
Parking for 3 cars
Open 7 days a week


Description
Ranson UK is delighted to present this bed & breakfast business on Blackhorse Road. This business started in 1986 and the current landlord has been running this bed & breakfast since 2005. The property consists of 11 rooms in total – 3 single rooms, 7 double rooms and 1 family room. All rooms are fully fitted and include en-suite bathrooms. The property includes kitchen, storage room and rear parking for 3 cars. We have been advised by our client that the current income is approximately £75,000 per annum and the net profit £25,000 to £30,000.

The property is located on Blackhorse Road close to Total petrol station and Blackhorse Road Baptist Church. The closest stations are Blackhorse Road station is 0.5 miles and St James Street train station 0.2 miles. The area is easily accessible by car via A503 and A1006


Accommodation

Total accommodation size: Over 5,000sqft approx


Freehold
Offers in Excess of £1,200,000


Legal Fees/Cost
Each party is to bear their own legal cost.


Rates
We have been advised by our client that the current business rates payable are £2,448. However, all interested parties are encouraged to make their own enquiries with Borough of Waltham Forest.


Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
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Property Features :

  • Bed & Breakfas
  • 11 rooms available
  • En-suite bathroom in every room
  • Annual income of £75,000
  • Net profit £25,000 to £30,000
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