Large Hotel with 40 Letting Rooms in Plymouth For Sale in Plymouth- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is pleased to offer for sale this family run hotel, which was established by our clients' in 1982. The business is only now being placed on the market due to our clients' wish to retire. The hotel generates a turnover in the region of £340,000 per annum with a gross profit of 50%. The business operates all year round as bed and breakfast accommodation and boasts 3-storey premises with 40-letting rooms, all of which have en-suite facilities. The hotel is highly maintained throughout and is well-equipped to suit the trade. Our clients' have developed an excellent reputation and a loyal customer base, which ensures much repeat trade. The hotel currently has a website in place, which provides information on location, facilities and contact details. We feel that turnover could be increased by introducing internet booking facilities via the website, and perhaps, offering lunchtime and evening meals for guests. This is an ideal and rare opportunity to acquire a profitable business, which is well-equipped and in a 'walk-in-and-trade' condition. Early negotiations with Preferred Commercial must come highly recommended.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

	Details of Accommodation:	A substantial 3-storey hotel, situated in a prominent corner plot and boasting 40-letting rooms. Briefly comprising. Lower Ground Floor • 3 x family bedrooms comprising of 4-beds and en-suite facilities • 2 x family bedrooms comprising of 3-beds and en-suite facilities • 1 x family bedroom comprising of 5-beds and en-suite facilities • 1 x single bedroom with en-suite facilities • 2 x double bedrooms with en-suite facilities Ground Floor • Entrance hall with access via double doors to the ground floor areas with staircase • Lounge bar with serving counter, feature fireplace with casual seating • Dining room with tables and chairs for approximately 50 covers • 2 x WCs • Reception with counter, telephone point, computer and printer • Well-equipped commercial kitchen with 6-burner hob and oven, griddle, dishwasher and microwave oven • Office area with desk, chair and filing cabinets • Private kitchen with fitted units, which is used by the night porter • 1 x bedroom which is used by the night porter • Laundry room with commercial washing machines and commercial dryer • 2 x family rooms with double bed, single bed, small seating area and en-suite facilities First Floor • 5 x family bedrooms with double bed, single bed, small seating area and en-suite facilities • 2 x single bedrooms with en-suite facilities • 5 x double bedrooms with en-suite facilities, one with shower only • 2 x separate WCs Second Floor • 4 x family bedrooms with double bed, single bed, small seating area and en-suite facilities • 3 x single bedrooms • 2 x double bedrooms • 2 x double bedrooms with en-suite facilities • 3 x shower rooms and WC Third Floor • 3 x family bedrooms comprising of 4-beds • 3 x family bedrooms comprising of 3-beds • 3 x single rooms • 3 x shower rooms and 3 x WCs External • Fully secured car park to the rear which holds approximately 14 vehicles

	Location:	Cranbourne Hotel is ideally located in a popular historic holiday destination of Plymouth in Devon. The business is set in a prominent position, just off a busy main road, the B3240. The hotel is situated among similar businesses and is surrounded by a densely populated area. The guest house benefits from ample car parking, nearby shops and restaurants and boasts easy walking distance to the sea front and promenade. The town centre is also just a short walking distance away, which possesses a large variety of amenities and tourist attractions. There are regular buses running through the area and railway station is within easy reach. The location makes an ideal choice for family holidays, quiet breaks, and weekend getaways.

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

Open all year round

Energy Performance Certificate

View Energy Performance Certicate

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