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(REF: 2291)  18th Century Hotel and Restaurant in Lincolnshire
 
Seller Reference: 2291
B4S Reference: 24685
Asking Price: £690,000
Net Profit: Undisclosed
Sales Revenue:
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Alford, Lincolnshire, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this popular hotel and restaurant, which was first established in 1792 and which has been in our clients' careful hands since 1971. The business is only now being placed on the market due to our clients' wish to retire. The restaurant boasts a 50-cover dining area while the hotel has 16 letting rooms generating an impressive turnover. There is scope to increase turnover further by promoting the function and wedding aspect of the business. The second floor of the property could be converted to further letting accommodation if desired. Our clients have owned the business for 40 years and have constantly invested in enlarging and developing the hotel and restaurant to the truly impressive operation we see today and boasts 3-Star rating with enjoyengland.com. The character building offers all modern day facilities and conveniences and must be viewed to fully appreciate. There is a quality web site in place, which offers information about the hotel and restaurant and offers on-line booking facilities. The Half Moon Hotel was originally four terraced residential properties and also stands on a substantial plot which would make it suitable for redevelopment. We are advised that planning for a residential development would be looked on favourably by the local council. Seldom do such well-established and profitable businesses come onto the market that still offer immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial and historic grade II listed hotel and restaurant premises offering 16 letting rooms, 50-cover restaurant, function room, large car park and garden area. Briefly comprising:

Ground Floor
• Large public bar lounge, recently refurbished, with tables, chairs and perimeter seating.
• Restaurant area laid out for 50 covers
• Reception area
• Large commercial kitchen with 12-burner hob and ovens, 11-pot Bain Marie, stainless steel refrigerators and freezers, preparation surfaces and ice cream maker
• Laundry room, fully insulated and with 3 x commercial washers and dryers
• Spacious function room with bar and stage area, licensed for 60 persons
• Room 15: Family room, suitable for disabled guests, with double and single beds, TV, telephone and spacious en-suite facilities
• Room 11: Double bedroom with TV, telephone and en-suite shower room
• Room 12: Double bedroom with TV, telephone and en-suite shower room
• Room 14: Twin bedroom with TV, telephone and en-suite shower room

First Floor
• Room 1: Large family room with double and 2 single beds, TV, telephone and spacious en-suite facilities
• Room 2: Large single bedroom with TV, telephone and en-suite shower room
• Room 3: Single bedroom with TV, telephone and en-suite shower room
• Room 4: Double bedroom with TV, telephone and en-suite shower room
• Room 5: Large double bedroom with TV, telephone and en-suite shower room
• Room 6: Large double bedroom with TV, telephone and en-suite shower room
• Room 7: Double and single bedroom with TV, telephone and en-suite shower room
• Room 8: Large double bedroom with TV, telephone and en-suite shower room
• Room 9: Large double bedroom with TV, telephone and en-suite shower room
• Room 10: Large family room with double and single and bunk beds, sofa, TV, telephone and spacious en-suite facilities

All rooms have Wi-Fi internet access

Second Floor
• This level boasts a new floor and could be converted into further accommodation if desired, subject to any relevant permissions

External
• Very large car park to side and rear with garage
• Large area of approximately 40 foot x 70 foot, laid to lawn for wedding marquees etc
• 2 x smoking shelters
• Night porter's accommodation with bedroom and bathroom
• Linen store
• Bottle store
• Large external seating area
 
  Location: The Half Moon Hotel and Restaurant occupies a prominent trading location on the main road through the delightful town of Alford in Lincolnshire. The business lies opposite the church and is surrounded by many complementary shops and businesses. Alford is a sought after place in which to live and work and is a typical Lincolnshire town with many thatched roofed buildings and a working windmill. The town lies at the foot of the Lincolnshire Wolds, approximately 13 miles northwest of the popular resort of Skegness and just 7 miles from Mablethorpe. The town boasts easy access to the busy A16, which leads from Grimsby, through Boston to Peterborough.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Sun - Thurs: 11.00am - 11.00pm
Fri - Sat: 11.00am - 1.00am
  Energy Performance Certificate   





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