Holgate Road, York - £2,600,000 - Freehold

One of the finest guest houses in York, this substantial and highly regarded period property offers an exceptional lifestyle and investment opportunity within walking distance of the railway station and historic city centre.

Currently operating as a successful bed and breakfast, the property comprises a 13 bedroom guest house alongside a spacious two bedroom owners apartment, providing excellent on site living accommodation. In addition, there is a newly constructed detached block to the rear offering three modern self contained one bedroom apartments, significantly enhancing the income potential of the site.

The business has been carefully developed and is well established, generating a gross annual income of approximately £300,000 per annum, with clear scope for further growth as the additional apartments become fully utilised. The guest house has built a strong reputation for its warm and attentive service, welcoming a wide range of visitors including families and dog owners, and benefitting from repeat custom and excellent reviews.

The main building is a handsome Grade II listed property extending to over 5,800 square feet and arranged over multiple floors. It retains a wealth of period features throughout, with well proportioned reception spaces and generous guest bedrooms. The lower ground floor provides additional living and service accommodation, supporting the day to day running of the business.

Externally, the property benefits from a large rear walled garden and a rare advantage within the city, off street parking for approximately 14 vehicles. The detached block of three one bedroom apartments is finished to a modern standard and offers flexibility for holiday lets, serviced accommodation or long term rental, subject to the necessary permissions.

ANTI-MONEY LAUNDERING COMPLIANCE

We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors. These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed. If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks. We use a partner supplier MoveButler, to carry out these checks on our behalf. They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely. There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks.. This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances. Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.

Large Commercial Guest House
18 Bedrooms In Total
Current Gross Annual Earnings Approximately £300,000 PA
Grade II Listed
14 Parking Spaces
New Build Block Of 3 Apartments
Approximately 6665 SQFT
EPC TBC

18 Bedrooms   |   16 Bathrooms   |   4 Receptions