| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 3,925 TIME(S)
BUSINESS REFERENCE : 10239 / RightBiz FREEHOLD HOTEL FOR SALE IN YORKSHIRE | | | | | | Hotel East Riding of Yorkshire T/O: £221,000 GP: 62% Well established business. Main road trading location. 18 guest bedrooms and owners' self comtained flat. Completely refurbished throughout. Freehold: £1,050,000 + SAV | | | BUSINESS LOCATION: | Kingston Upon Hull East Riding of Yorkshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Motels & Hotels | | SALE: | Agent Sale | FREEHOLD: | £1050000 | | | | | | | | | | | BUSINESS DETAILS: | Location
The Carlton Hotel is ideally located on the main Anlaby Road in the busy and thriving City of Hull. The hotel is surrounded by all the local amenities, including banks, bars, shops and restaurants, which have made the Carlton Hotel popular with both the tourist and contractor trade. The City of Hull also boasts good schooling and hospitals and strong road links via the M18 and A164, A165, A1079, A1033 and the A63.
Business History
Bag a Business is delighted to offer to the market this quality hotel, in a prime trading position, in Kingston upon Hull. The Carlton Hotel has been in the careful hands ofour client since 1983 and is now only being offered to the market due to his strong desire to retire. The hotel has recently undergone a total refurbishment programme bringing it to the very high standard it enjoys today. Our client has refurbished the hotel to maximise the potential of new customers that are being attracted by the high levels of investment in the city. These include a new marina, museum, theatre complex and state of the art shopping centre. The hotel's communal areas are also open to non-residents, giving the already impressive turnover a further boost. The current turnover is running at £221,000 per annum with a gross profit margin of 62%. We strongly recommend early viewing of this property to appreciate the quality and the enormous growth potential of this business.
PROPERTY DETAILS
A substantial 3 storey, red brick, city centre hotel, briefly comprising:.
GROUND FLOOR
Main entrance leading to:
Open plan bar with fixed seating, tables, stools and chairs
Central bar with:
4 glass fronted bottle chillers
Back bar with product displays and shelving
Cash register and 12 points of dispense
Bar area is fully carpeted and has halogen lighting
Pool room with fixed seating, tables and chairs
Double doors to dining room with 50 covers
Fully equipped bar
Door to fully fitted stainless steel commercial kitchen
Ladies and gents W/Cs
Disabled W/C
Door to reception area with own entrance
Basement cellar
Self contained owner's/manager's flat with: single bedroom, lounge, kitchen, breakfast room and bathroom
FIRST FLOOR
Landing leading to-
9 double guest bedrooms all en-suite with newly fitted, modern baths and showers
Store room
Separate W/C
SECOND FLOOR
Landing leading to-
7 double guest bedrooms all en-suite with newly fitted, modern baths and showers
2 single guest bedrooms with newly fitted modern showers
EXTERNAL
Car parking to the front of the building for 40 cars
Area to the front of the property for alfresco dining
OPENING HOURS
To suit
FINANCIAL DETAIL
W/T: £4,250 approx
GP: 62%
TENURE
Freehold | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10239 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
