Hotel Business For Sale In Whitby North Yorkshire

Whitby, North Yorkshire
Price: £ 160,000
Seller Reference: 4024
Asking Price: £160,000
Net Profit: Undisclosed
Sales Revenue: £135,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold

Business Summary

Preferred Commercial is delighted to offer for sale this popular hotel, which is ideally located on the desirable Royal Crescent in Whitby. The business is only now being placed on the market due to our client’s wish to retire. The Avalon Hotel operates all year round and generates a turnover in the region of �135,000 per annum. The property boasts 23 en-suite letting rooms, most of which have recently been refurbished and many with sea views, along with owners’ accommodation and a 32 cover dining room, and commercial kitchen. There is a quality web site in place offering on-line booking facilities. The business benefits from an excellent reputation with many good reviews on travel web sites such as TripAdvisor, and there is much repeat custom. At present the business is operated on a bed and breakfast only basis, offering scope for a new owner to introduce evening meals and possible a lunchtime menu. We are advised that there is an alcohol licence, which is currently not utilised. The freehold of the property is also available, by separate negotiation – see our reference 4023. We feel this is an ideal opportunity to acquire a popular and well established hotel in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

Popular hotel, which is ideally located on the desirable Royal Crescent in Whitby. The business is only now being placed on the market due to our clie...

Property Infomation

  Property: Leasehold
 
  Lease Terms: Leasehold.
Original length: 10 years
Remaining: 9 years
Rent: �25,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial period property offering 23 en-suite letting rooms over 5 floors, with bar, restaurant and owners' accommodation. Briefly comprising:

Lower Ground Floor
� Commercial kitchen
� Wash up area
� Dry store
� Room with refrigerators/freezers
� Laundry
� Dining room offering 32 covers
� Private double bedroom with en-suite facilities

Ground Floor
� Reception
� Office
� Residents' lounge
� Owners' private lounge
� Private double bedroom
� Room 2: Single with en-suite facilities
� Room 4: Double with en-suite facilities
� 2 x WCs

First Floor
� Room 12: Double with en-suite facilities
� Room 14: Double with en-suite facilities
� Room 18: Superior double with en-suite facilities
� Room 11: Family room with en-suite facilities
� Room 15: Double with en-suite facilities
� Room 19: Superior double with en-suite facilities

Second Floor
� Room 22: Family room with en-suite facilities
� Room 24: Single with en-suite facilities
� Room 26: Twin with en-suite facilities
� Room 28: Family room with en-suite facilities
� Room 21: Family room with en-suite facilities
� Room 25: Single with en-suite facilities
� Room 27: Twin with en-suite facilities
� Room 29: Family room with en-suite facilities

Third Floor
� Room 32: Family room with en-suite facilities
� Room 34: Double with en-suite facilities
� Room 36: Twin with en-suite facilities
� Room 38: Family room with en-suite facilities
� Room 31: Family room with en-suite facilities
� Room 35: Twin with en-suite facilities
� Room 37: Twin with en-suite facilities
� Room 39: Family room with en-suite facilities

Attic
� Flat comprising lounge and bedroom with large en-suite facilities

External
� Double garage to rear
� Private parking space to rear
� 2 private courtyards
� Boiler room
� Small garden area to front
� Small paved area to front
 
  Location: The Avalon Hotel is ideally located on the desirable Royal Crescent on the West Cliff of Whitby, opposite the Pavilion. Whitby is a historic fishing port, dating back to the Middle Ages and became popular with tourists in Victorian times. Today Whitby is a busy tourist destination all year round, boasting a wealth of attractions and regular music festivals and events. The East Cliff is dominated by the ruins of Whitby Abbey, which helped inspire Bram Stoker's Dracula. The town also boasts connections with Captain Cook, who learned his trade at Whitby. Whitby Jet was mined by the Romans and Victorians, who fashioned the stone into popular jewellery. The nearby cliffs offer a wealth of fossils and dinosaur footprints are visible on the beach. The town lies at the mouth of the River Esk in North Yorkshire, approximately 20 miles north of Scarborough and 26 miles southwest of Redcar.

Other Details

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