Historic Brick Building - 16 Rooms
Location:
Canada
->
Ontario
->
Lucknow
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast
Business Summary
Beautiful historic brick home in small town of Lucknow, 20 min from Lake Huron. Ideal for retirement living or Bed & Breakfast. Landscaped 220' x 118' lot with mature trees and hedges. Built in 1880, now set up to offer independent retirement living and also Bed & Breakfast accommodation.
8 bedrooms, 7 bathrooms, 4500 sf living space, 16 rooms in total on 2 floors. Municipal water and sewer. Oil fired hot water radiant heating. Full unfinished basement with walkout. Major upgrades done. Many possibilities for further development. Close to park, schools and all amenities. Convenient highway access. Property taxes $2,000 for 2005. Asking price $675,000.Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$65,000
Cash Flow:
$55,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: Inquire.
Seller Financing: No
About The Business
Year Established: 1995
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: Retiring.
Photos
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Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast business for sale.
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Print Listing Id: 70043851
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