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12 bedroom semi-detached house for sale
Sea Lane, Sunderland, SR6
£700,000
Sea Lane, Sunderland, SR6
£700,000
Our Summary
- However, it presents significant potential for full-time working owners to increase net profit by saving on wages
- While the current offering is limited to bed and breakfast, there is considerable potential to expand the business by introducing lunch and evening meals for both guests and the general public
Description
Tyron Ash International Real Estate is offering a rare opportunity to acquire a charming boutique B&B in Seaburn, Sunderland, with 12 immaculately presented letting rooms, many of which have been recently refurbished to a high standard. The property boasts stunning sea views and is situated in a prime location, generating a weekly turnover of £3,000 to £3,500. The business is currently operated by the owner and a team of staff, but presents significant potential for full-time working owners to increase net profit by saving on wages. The freehold property spans three floors and includes a ground-floor owner's lounge and office, a breakfast dining room, kitchen, food prep area, and storeroom, as well as an annexe with four guest rooms. With its versatility and potential for expansion, the property may also appeal to investors interested in converting it into apartments, with preliminary discussions already underway with the local planning authority.