Superb 9 Bedroom Hotel & Bar For Sale in Skegness- Business 4 Sale .co.uk

Business Summary

Meridian Business Sales are delighted to offer to the market this well established and respected 9 bedroom hotel and bar. The business dates back to circa 1870 and has been in the careful hands of our client for the last 6 years. The only reason our clients are offering the business to the market is due to their desire to take a well earned retirement. Our clients have gone to considerable expense and effort on the presentation of the property and are currently renovating some rooms into en-suites and they are very generously including all fixtures and fittings within in the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our clients inform us that the current annual turnover is £90,000 pa with high profits. This is derived from offering bed and breakfast on an all year round basis and the 60s themed twilight bar is popular with the local residents. Some famous people have stayed at the hotel over the many years and their pictures can be seen on the walls of the bar. The business is owner operated but they do not live on site so it requires 1 part time member of staff and is currently being run at a pace to suit our clients but they have informed us that there is huge growth potential for any new hands on owner. The business enjoys a strong reputation built up over the years from which it enjoys a high level of repeat bookings which is the mainstay of any hotel. This is a superb opportunity, and as such Meridian Business Sales recommends early viewing.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

	Details of Accommodation:	Detached 9 bedroom hotel and bar, briefly comprising: GROUND FLOORSecure entrance leading to:Residents bar with servery and seating areaGuest loungeDining room with 22 coversFully equipped catering kitchenFamily roomTwin roomShower room with shower cubicle, toilet and wash basinToilet and wash basinBathroom with corner bath, toilet and wash basin Owners double bedroom FIRST FLOORLetting roomsFamily roomTwin roomTwin roomTwin roomTwin roomSingle roomDouble roomLanding with airing cupboardShower room with shower cubicle, toilet and wash basin EXTERNALYard with patio and seating areaSide parking for 3 vehicles

	Location:	This well established 9 bedroom hotel and bar stands on a prominent main through road location in the popular seaside town of Skegness in Lincolnshire which is popular for tourists and holiday makers. Its located along the Lincolnshire coast of the North Sea, it is 43 miles (69 km) East of the city of Lincoln. Over the last 5 years Skegness has undergone a full facelift with the local authority spending millions on upgrading the facilities and attracting higher tourism figures to this now quality resort. The area has strong road and rail links via the A16 and A52 trunk roads plus mainline station, making travelling and commuting very easy.

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

Trades all year round

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