Downtown Bed & Breakfast For Sale

www.GlobalBX.com

Listing ID: 700118788

Listing Title: Downtown Bed & Breakfast For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=118788

Industry: Hotels and Holiday Accommodation

Industry Segment: Guest Houses / Bed and Breakfast

Country: Hungary

State / Province:

Area

City: Budapest

Asking Price Range: $250K - $500K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2008

Number of Employees: 1 - 3

Business Description:
Downtown Bed&Breakfast for sale in Budapest, Hungary In the heart of Budapest, next to the West Railway Station, there is an 8 room en-suite downtown b&b for sale. It is located on the first floor of a very authentic, 100 years old Budapest mansion. It has a bespoke website, and is rated by the local authorities as three stars. The Guest House currently benefits from repeat business and is utilised by several international web hotel search companies. All year round tourist destination. The design and outlook follows the modern mainstream,although it is a very impressive combination of the old architecture and the trendy facilities. The rooms are unusually spacious in all dimensions thanks to the classic designers. The ceiling is 3.6m high and the average size is 25sqm./room! The guestrooms are all en-suite(5 with shower,3 with bathtub),and all are equipped with flat-screen tv,and refrigerator. The size of the property is 251sqm. It may be split to 3 separate flats in case of need. The property has very unique layout and features to be used either as a flat or a B&B. Probably this is one of the reason why there are only a few competitors on this market in Budapest. Why is it a prosperous investment? The real estate is located in the center,next to the main boulevard. It is full of restaurants , shops, theatres, bars. The green spot on the Danube river, called Margarate Island is within a reach. It is beloved as a sport,relaxation and cultural place. There is a high demand on flats and apartments in this area. The revenue from the b&b activity is very promising. The property was fully refurbished in August 2008. The current owner will provide a complete handover service including training and contacts within the industry. The price: 350.000 Euro (Furniture/Fixtures and Inventory/Stock included) Email or call:+36705984982



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