Portlaoise Bed & Breakfast For Sale

Business description

Recently Reduced from €1,200,000 to €950,000

• Semi-Detached Character Premises
• Spacious and Well Appointed Communal and Ancillary Areas
• Established Reputation and Regular Guest Base for over 30 Years
• Good Consistent Levels of Turnover and Profitability
• Super Lifestyle Opportunity for Husband and Wife Partnership
• Inclusive of 14 Bedrooms and 6 Bathrooms
• Outstanding Freehold Price for Quick Genuine Sale
• Genuine Retirement Sale
• Early Viewing Essential

THE BUSINESS
Stunning Bed and Breakfast for sale. This business enjoys all the considerable commercial and private advantages of its fantastic trading position in the very select town of Portlaoise Co.Laois, this thriving concern currently provides an exceptional standard of Bed and Breakfast accommodation of which there are 14 bedrooms and 6 bathrooms all beautifully decorated to the highest of standards.

This is an outstanding Victorian building of great character, and has also huge development potential to be converted into a series of exclusive office suites which due to such a commercial location would be ideal for any perspective business owner looking to develop/expand. Located nearby are leading legal and accountancy practices, Loais County Council, Department of Agriculture, Laois Shopping Centre and many other shops restaurants and amenities.

The town of Portlaoise is currently undergoing massive commercial rejuvenation with many recent developments and planning permission has been granted from three new shopping centres. Viewing is highly recommended.

FINANCIAL INFORMATION
Current turnover in the region of €50,000 per annum with high profits and huge scope to increase.

PROPERTY DESCRIPTION
This is a substantial and lovingly maintained Semi-Detached Freehold Property. The Business and Private Accommodation of which is arranged as follows:-

Ground Floor 290 Sq.m
Area 1:
A Welcoming hall
Reception room
Toilet/WC
A large dining area and living room
Large kitchen area

Area 2:
2 x Reception rooms
2 x bedrooms
1 x bathroom.

First Floor 290 Sq.m
Area 1:
4 x bedroom (2 ensuite)
1 x bathroom

Area 2:
8 x bedroom ( 4 ensuite)
Linen Storage Room

FIXTURES and FITTINGS
The business is well fitted throughout and a valuable inventory of catering and ancillary trade equipment is to be
included in the sale price.

EXTERNAL
Occupying a prime corner position on a busy main road giving instant recognition, to the exterior the premises are well signed and immaculately presented. Viewing essential.

Property information

Real Estate:

Real Property Included