£799,000
Hotel for saleCF24, Cardiff, South Glamorgan
Business
Freehold
About this property
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
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Monthly repayment
£3,996 per month
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