42 Bed Hotel And Golf Course - Cumbria For Sale in Cumbria- Business 4 Sale .co.uk

Business Summary

The Business
The Hotel is ideally sited to capture the local Business trade, and the quality position and accommodation enhance this. The weekly Commercial / Professional trade is supplemented by agreements with Coach operators who now provide regular tourist trade at weekends, with Coach bookings already taken well into 2010 and beyond. The fact that this is achieved with minimal direct advertising is testament to both the viability and potential of this operation.

Trade
Net turnover for the latest financial year was c£478,000, excluding VAT, with a GP c85%, with excellent net profits shown in the accounts, which are available to seriously interested parties, following a viewing.

Business Premises
A modern purpose built Hotel on just 2 floors, with RAC 3* rating, having an impressive frontage and large footprint and giving maximum convenience for guests. It has 42 double bedrooms, all en-suite, a lift, a non-smoking Restaurant, Bar and an excellent commercial kitchen.

Guest Accommodation
All guest rooms have quality en-suite facilities with bath or shower and have hairdryer, desk/dressing table, telephone with data port, tea/coffee making facilities, Sky TV and central heating radiator.

Externally
Spacious parking areas to front with pedestrian access to the adjoining 9-hole golf course (c17 acres) and 24-bay driving range. The driving range is currently leased out providing a rental income of £15,400 pa.

Confidentiality
Under no Circumstances should you approach the business directly - as staff are unaware.

FINANCE
Finance for this business is available through Adams and Co(Finance). Please call this office for more details. Please remember that all loans are subject to status and survey.

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.

Additional Services
When purchasing a business (particularly for the first time) there are many important issues to consider and organise. With over 50 years experience of the Business Transfer market we at Adams and Co are ideally placed to help purchasers. We are able to arrange competitive finance, insurance, and stock-takers, if required. Please telephone for further information.

THE PROPERTY MISDESCRIPTIONS ACT 1991
Adams and Co have not tested any apparatus, equipment, fixtures and fittings, or services and so cannot verify they are in working order or fit for the purpose. Buyers are advised to obtain verification from their Solicitor or Surveyor. Purchasers must satisfy themselves as to their actual condition prior to purchase. References to the Tenure of a Property are based on information supplied to Adams and Co by the vendor. Adams and Co have not had sight of the title documents. Buyers are advised to obtain verification from their solicitor. All measurements are approximate and intended for general guidance only and should therefore be considered to be 'nominal'.

Property Information

	Property:	Freehold

	Living Accommodation:	No

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

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