Initial price	£750,000
27/12/24	£695,000
Price Change	-7.33%

The Southgate Bed and Breakfast Guest House is a charming 7-room property located in the heart of Hunmanby village, North Yorkshire. The business has been transformed from a former pub into a luxurious B&B, with modern en-suite rooms, a commercial kitchen, and a lounge area. The property has received numerous awards, including 5-star ratings on TripAdvisor and Booking.com, and has a high score on HotelsCombined. The business has the potential to increase turnover and profits by operating during the off-season and utilizing the tearoom license. The property includes a modern two-bedroom owner's accommodation, a garage unit, and a large wooden shed. The business is being sold turnkey, with no initial investment required, and the owners are aiming to achieve a target turnover of £85,000 per annum. With its prime location and excellent reputation, this is a fantastic opportunity for a couple, private investor, or regional staycation purchaser to acquire a well-established and profitable guesthouse.