Bath hospitality specialist Simon Wells from Colliers International has brought the landmark Aquae Sulis B&B to market, having sold the Ayrlington, Kennard and Griffin in 2014.
Aquae Sulis is a distinctive 14-bedroom Edwardian property on Newbridge Road which is on the market at £1.6m freehold.
The West-based hospitality specialist said: “Aquae Sulis is furbished in the classical English style, which tourists love, and has plenty of space for guests to relax. There is a garden flat within the B&B for the owner-operators’ use, though the property is currently run by staff. It is a profitable asset so mortgage lending for this acquisition should be straightforward.”
“Bath has restrictive parking so free parking at Aquae Sulis is very attractive to guests who are happy to trade parking for the short bus ride into the centre. The bus stop is right outside the front door.”
Simon continued: “With occupancy hitting 98 per cent it is clear visitors are coming to Bath in droves and smart, stylish guest houses are increasingly being seen as great value for money with particular appeal to pension potters looking for the ultimate investment opportunity as well as a change of lifestyle.”
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