B&B sale or change of use to residential
If you currently own premises which you run as a B&B, guest house or small hotel, and are considering your options with regards to its future but feel you need some impartial advice, our property experts can help.
The "Bed and Breakfast" sector in the UK is a £2 billion industry, consisting of over 25,000 small owner-managed businesses. However, with consumers demanding lower prices and even higher standards of accommodation all the time, smaller B&B businesses can easily find themselves being squeezed out of the market.
Perhaps you’re feeling like that and it’s time to review your options?
You have the option of either selling your building and land, or applying to your Local Planning Authority to change the use to residential or commercial. A number of our B&B clients have successfully converted their premises into studio or flatlets.
Either of these options can be complicated which is why we offer a specialist and unbiased service for our clients.
There is also the option of applying for an HMO licence to realise the full potential of the property. Either way, we can help.
Last year a Bournemouth bed and breakfast owner who wanted to retire from the business and move her family into the property had her application for change of use refused by the council.
If you would like a free appraisal or have any queries related to the sale or change of use of your B&B premises, simply call us on 01202 684400 or email us at info@landbuyingexperts.co.uk.
