Guest house for sale

Glenfaba is a successfully operated and immaculately maintained guest house located a stone’s throw from Douglas promenade that is offered for sale on a turnkey basis including all furnishings, fixture and fittings as well as future bookings.

Purchased and operated as a family-run guest house since 1989, the current owners have decided that it is time to retire from the industry, leaving behind years of happy memories, with books full of positive reviews and feedback from happy customers who enjoyed their stay. Having successfully run the business for such a long time, the owners pride themselves on the high quality maintenance coupled with the impeccable cleanliness of Glenfaba which has helped generate high levels of occupancy and repeat business over the Easter to Autumn season that it is open year on year.

In terms of financials, the owners consistently generated high levels of occupancy in the guest house, which has culminated in impressive levels of turnover and healthy returns each year, this despite only operating for a seven month season. An information pack will be made available to prospective purchasers that will provide financial data, room occupancy levels, details of future booking data and any other relevant information such as room rates.

The property itself comprises 17 guest bedrooms spread out over four floors, with each of the guest bedrooms including its own en suite shower room. The breakdown of the guest bedrooms includes three single rooms, nine double or twin rooms and five family rooms.

Stepping into the property on the ground floor, there is a vestibule which flows into a bright and welcoming hallway with attractive Karndean flooring. At the front of Glenfaba is the dining room, which offers 22 covers. Directly behind this is a well equipped commercial kitchen with a laundry room attached. At the rear of the ground floor is a guest WC followed by hallway door that separates the two guest bedrooms that are used by the family and therefore not currently offered to paying customers. A staircase heads down to the owner’s flat, while a staircase adjacent to the dining room leads to the upper floors.

The layout of the three upper floors is identical, each comprising five en suite guest bedrooms. One bedroom on each of the floors at the front of the property benefits from a large bay window and side sea views. Each of the rooms is tastefully decorated and immaculately presented as well as being well equipped with a wall-mounted TV, tea and coffee facilities and a hairdryer, all of which add up to positive guest experiences resulting often in repeat business.

The lower ground floor is the home of the current occupants. A generous space with its own external access which comprises an open-plan lounge/diner, large galley-style kitchen with equally large utility room that doubles up as an office. Two double bedrooms share a modern Jack and Jill-style bathroom, in addition to which there is a separate WC located at the front of the flat and a boiler room at the rear. There is also a sub-basement that runs underneath the flat offering excellent storage facilities.

Outside, there is a low-maintenance garden area to the front and a yard to the rear which has artificial grass covering and an awning to provide a pleasant and social seating area.

The owners have a further property that can be used as an overflow option. For those seeking additional space they will consider offers on selling Glenfaba in conjunction with the additional property that is located on Douglas Promenade, within very close proximity of Glenfaba. The additional property comprises nine bedrooms, eight of which have en suite facilities as well as a 1-bedroom manager’s flat, all of which are currently fully-occupied on short term leasing arrangements.