Listed for £695,000
June 26, 2025
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Upon entering, guests are welcomed into a bright and contemporary reception area that flows into a comfortable lounge. This space includes a library of books and DVDs for guest use, as well as a well-stocked honesty bar. The adjacent breakfast room is modern and inviting, with seating for up to sixteen guests. Although the current owners have not made use of the previously approved tearoom licence, the premises offer excellent potential to operate as a daytime café and evening bistro. Behind the dining room is a fully fitted commercial kitchen, complete with stainless steel units, catering equipment and ample storage. There is also a recently installed family bathroom and guest toilet.
On the ground floor, there is also a large ensuite guest room with disabled access, conveniently located near the main entrance. This room has proven popular with a wide range of guests, including families and those with mobility needs. All fixtures and fittings are included in the sale, with the exception of the current owners’ personal items.
The first floor is home to six additional ensuite guest rooms, each one finished to a high standard with a light and airy feel. There are four double rooms, one twin, and one large family room. Every room is equipped with Freeview television and built-in DVD players, hospitality trays, complimentary toiletries, and high-speed Wi-Fi throughout the building. Guests also benefit from access to a first-floor terrace, furnished with deckchairs for outdoor relaxation. Additional storage is available via a rear garage with power and lighting and a large timber shed.
The owners’ accommodation, also located on the ground floor, has been carefully designed to offer comfort and privacy. It includes a vaulted-ceiling lounge, two modern bedrooms, a stylish bathroom, and generous living space, making it ideal for owner-occupiers.
The Southgate B&B is ideally suited to a couple, investor, or lifestyle buyer looking to take over a well-established and profitable business. Despite its ongoing success, the business is currently operated only six months of the year by choice, providing substantial opportunity for growth through extended seasonal trading. Further income could also be generated by activating the tearoom licence and offering evening meals. Since acquiring the property, the current owners have made substantial upgrades including the full replacement of all doors and windows with modern UPVC double glazing and complete redecoration inside and out, ensuring the property is presented to a consistently high standard. This is a turnkey opportunity requiring no immediate investment.
The business currently qualifies for small business rates relief.
Hmrc - Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service.
Epc Grade - EPC GRADE C (58) commercial