| (REF: 9936B) Freehold 26 Room Hotel With Potential |
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| Seller Reference: |
9936B |
| B4S Reference: |
24299 |
| Asking Price: |
£695,000
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| Net Profit: |
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| Sales Revenue: |
£140,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Undisclosed, West Midlands County, United Kingdom |
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HISTORY
• Originally property of Birds Custard
• Established for 35 years, under current vendor for the past 7 years
• Expansion has seen a number of bedrooms created due to demand
REASON FOR SALE
• Vendor relocating
SERVICES
• Accommodation for guests in up to 26 bedrooms
• Large lounge area with adjacent conservatory capable of providing services for Weddings, Parties, Social and Business events
• Patrons have ability to use kitchen facilities
• Bar area serving alcoholic and non alcoholic drinks
• Bed and Breakfast
• In house cleaning facilities
CUSTOMERS
• A vast range of clientele attracted including local teachers, students, loyal professionals as well as regular repeat private patrons
SUPPLIERS
• Consumables supplied through a variety of trade sources
STRENGTHS
• Very well established
• Excellent visible location close to city centre
• Large capacity of rooms
• Clean, bright and airy rooms
• Large garden area with decking areas
• Loyal and repeat customer base
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
• 9 Double rooms
• 8 Single en-suite rooms
• 2 Single rooms standard
• 2 Single rooms en-suite with shower
• 1 Twin room with shower
• 2 Twin rooms en-suite
• 1 Double standard room
• 1 Family room
• Entrance hall with reception and bar
• Ground floor hall & toilet
• First floor toilet and shower room
• Breakfast/Dining room
• Large lounge
• Conservatory to rear
• Large garden with 2 decking areas
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Location: |
• Highly visible main road position close to city centre
• Densely populated urban location with local retail parks and university
• Perfectly situated to attract both private and professional patrons
• 13 space car park to the front
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• Very little advertising currently undertaken
• Introduction of full food menu
• Introduction of mini bar and room service facilities
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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• As customer demands dictate with 24 hour access through key issued |
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• Currently employing 2 x resident managers, full time
• 1 x cleaner, part time
• Vendor as and when needed
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