| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 88,165 TIME(S)
BUSINESS REFERENCE : AC153 / RightBiz AC153-SWANSEA, WEST WALES-£ 1,600,000-FREEHOLD EIGHTEEN BEDROOM HOTEL | | | | | | Freehold Eighteen Bedroom Hotel West Wales Ref.AC153 Location Swansea, West Wales Asking Price £ 1,600,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Motels & Hotels | | SALE: | Agent Sale | FREEHOLD: | £1600000 | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
This beautifully located hotel sits in a one and a half acre site in a small valley surrounded by period houses and the local church.
Since its purchase the owners have completely refurbished the property with each of the eighteen bedrooms having its own colour scheme and en suite bathroom. A unique feature of the three executive suites is the inclusion of a Jacuzzi bath in the bedrooms.
The family chalets sit behind the main hotel and are ideal for people wanting a little more space for young children.
The fully landscaped gardens to the rear of the premises offer an area of peace and tranquility while the gardens to the front of the hotel are laid out with tables and benches where guests can enjoy a drink and a bar snack.
There is adequate parking for approximate thirty cars.
The whole hotel has been recently redecorated giving it a warm and inviting atmosphere for residents and non residents alike.
The Hotel is a free house and has been awarded an AA Rosette and prides itself on the level of cuisine. The fulltime chef, who will stay with the hotel, sources all produce locally and the restaurant has earned an enviable reputation in the locality and is now a popular local dining spot.
The key features are
Entrance hall with reception area and office.
Wonderfully atmospheric oak panelled lounge bar open to non residents
Dining room with fifty covers and all new fixtures and fittings
Well appointed and immaculate kitchen and preparation room
Laundry room
Spa with Sauna, steam room jaccuzzi, hot bed and indoor swimming pool.
The conservatory restaurant caters for seventy covers and has its own bar. It is located next to the pool which can be covered over to provide an additional fifty covers in an area with an atmospheric starlit ceiling. This area also doubles as a conference room and dance floor and has its own surround sound system and state of the art projection equipment.
All the banquetting furniture, glass and cutlery is owned by the hotel.
Marketing
The hotel has actively promoted its services, which has resulted in a balanced and consistent occupancy of circa sixty per cent.
The business does have a website which is updated weekly with the latest offers and news of changes to the A La Carte Menu.
It advertises through the local tourist boards and in a regional magazine which has a distribution of around one hundred thousand copies.
At peak times of the year they carry out leaflet drops in residential and commercial areas to capture the Christmas and New Years Eve revellers and the rapidly expanding database is farmed for repeat business.
Small coach parties, groups of walkers are all made welcome and the hotel has played host to over a hundred weddings is the last three years. This has been assisted by the presence of an ancient and attractive church within easy walking distance of the hotel. It has naturally also benefitted from the christening parties and funeral wakes that occur in the parish.
Financial profile:
The freehold and business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business has a turnover in the region of £400,000 with adjusted profits showing a figure circa £140,000. All financial details will be made available to prospective purchasers following an initial meeting and viewing of the premises.
Staff
Two directors
One full time chef
One highly valued and professional housekeeper
Receptionist / waiter
Eight part time staff
One part time gardener
Support and Training
A full and seamless handover will be provided for a period to be agreed as part of the overall sales negotiation. It is anticipated that all key personnel will remain with the business if required making the transition from vendor to new owner easy to accomplish.
Reason for Sale:
Having spent five years building the business up to its present successful status the two directors have decided to retire. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AC153 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
