The Times, 12/03/2021 | Stacks Property Search and Acquisition

To B&B or not to B&B. Why buying a B&B could be this year’s smart move.

Quoting James Greenwood of Stacks Property Finders

James Greenwood of Stacks Property Search has seen “a number” of B&Bs coming on to the mainstream market. “Many good B&B businesses rely on business income to finance borrowing and their lives have suffered terribly,” he says. “For those whose reserves have finally dried up, selling is the only remaining option. This, coupled with the fact that there’s a shortage of stock generally, means that buyers looking for family homes are considering a small B&B business as a good alternative. “For buyers this window may be short,” he warns. Given that these businesses will be reopening from May, “there will be strong demand from people keen to travel in the UK.”

Read the full story here

If you are interested in buying a property in Gloucestershire, Monmouthshire and Cardiff, please contact James / 01594 842880 / jamesgreenwood@stacks.co.uk

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