| | | TRULY BEAUTIFUL FREEHOLD HOTEL | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 7,442 TIME(S)
BUSINESS REFERENCE : 2098 / RightBiz | | | | | | TRULY BEAUTIFUL FREEHOLD HOTEL Large 4 bedroom self contained owner accommodation Advised turnover £200,000 PA with good GP returns | | | BUSINESS LOCATION: | Telford Shropshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Motels & Hotels | | SALE: | Agent Sale | FREEHOLD: | £749995 | | | | | | | | | | | BUSINESS DETAILS: | TRULY BEAUTIFUL FREEHOLD HOTEL
Large 4 bedroom self contained owner accommodation
Advised turnover £200,000 PA with good GP returns
Early interest and viewing is highly recommended
Ideal lifestyle change opportunity business
Prime location situated in Telford
Excellent levels of repeat trade
Free of tie alcohol licence
12 en-suite letting rooms
FREEHOLD
Location
This truly exceptional hotel has an ideal location in Redhill, Telford which is just off the M54 and has a mass of nearby attractions and amenities. The town centre of Telford is less than 10 minutes drive away (2.5 miles) which offers a large display of well known high street retail outlets and banks coupled with entertainment venues and attractions. The hotel is also ideally placed at the heart of Telfords enterprise estates which have many large corporate head offices and regional distribution centres, attracting a large amount of travelling business people and workers from across the UK. Other neighbouring attractions include the famous Ironbridge Gorge, once described as "the most extraordinary district in the world", the Ironbridge Gorge is a remarkable and beautiful place to visit today. There are ten award winning museums spread along the valley beside the River Severn which runs through the area. Other attractions include the Telford International Exhibition Centre, Weston Park Stately Home and RAF Cosford and Air Museum all within 10 minutes drive of The Oaks. Shrewsbury also lies on the River Severn and has over 660 historic listed buildings including several examples of timber frame buildings dating back to the 15th and 16th century. Telford is a very popular business and residential hot spot due to its fine housing, excellent shopping facilities, good schools, NHS services, easy access public transport and welcoming local community. The area also offers some truly beautiful open countryside which does attract visitors from all over the UK. The location also benefits from being very easily accessed via the M54 motorway which connects to the M6 making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional freehold hotel which was first established by our clients in 1989 and are only now placing it onto the market due to their strong desire for semi-retirement. The business which is run and managed by our clients achieves a very respectful advised annual turnover of £200,000 PA. This is derived from offering a very high standard of guest accommodation coupled with a popular restaurant dining facility and fully licensed free of tie bar. The property can only be described as beautifully presented throughout with 12 en-suite letting rooms and very rare 4 bedroom self contained living accommodation including living room, family style kitchen and bathroom. Other areas to the property include a lounge bar, restaurant with bar and sizable function room which couples as a restaurant extension. Our clients have gone to considerable expense and effort on the presentation and fixtures for the business which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. The business has always enjoyed excellent levels of repeat trade with many of the regular customers visiting for many years. The hotel also sees a healthy amount of new visitors from good word of mouth recommendations and from the highly visible trading location. We feel that this opportunity offers a new owner an excellent lifestyle change opportunity and we urge early interest and viewing.
Financial Profile
Turnover: £200,000pa
Gross profit: 63%
Stock approximately: £4,000
Tenure
We are advised freehold
Opening Hours
Trades all year round
Accommodation
The property is a substantial detached hotel premises incorporating lounge bar, restaurant/bar area, function room/further restaurant, 12 en-suite letting bedrooms, manager’s office/accommodation plus 4 bedroom owner’s accommodations.
The sizable ground floor commercial area comprises of the main lounge bar, a modern function room/restaurant with bar with adjoining WC facilities, function room/further restaurant and fully fitted commercial kitchen area.
First floor has 12 letting bedrooms providing a range of single, double and family sized accommodations all being en-suite.
Second floor provides an office/management accommodation above the letting bedrooms
The rear of the property incorporates the owners living accommodation, provided over 2 floors. The ground floor has a double bedroom with en-suite, bathroom, further double bedroom, large family style kitchen and lounge, stairway via the living room provides first floor bathroom and additional 2 bedrooms.
(All measurements are approximate and in meters)
Ground Floor
27.36 Sqm Lounge bar
52.55 Sqm Restaurant/bar area
28.95 Sqm Function room/further restaurant
Disabled toilets
Baby changing area and adjacent ladies and gents toilets
Commercial kitchen
Beer cellar
Staff toilet and laundry area
Walk in fridge/wash area and preparation area
First Floor Guest Accommodation
12 letting bedrooms all being en-suite
(Linen cupboard incorporated)
Second Floor
Office/management accommodation, living room, bathroom, kitchen and office/bedroom 1
Owners Accommodation
6.4 x 4.9 Bedroom 1 - Double with en-suite.
3.0 x 3.5 Bedroom 2 - Double with fitted wardrobes.
Family bathroom with toilet, hand wash basin, bath and shower.
4.51 x 4.51 Kitchen with fitted cupboards, worktops and sink.
4.55 x 4.53 Lounge with patio doors to rear private gardens and beautiful countryside views.
1.9 x 1.8 Utility
4.0 x 2.8 Office
First floor
4.55 x 3.61 Bedroom 3 - Double
3.08 x 4.51 Bedroom 4 - Double
External
The hotel benefits from a substantial car park facility to the front and side of the property with gardens and children’s play area.
There is a substantial external covered smoking shelter with wooden decked areas offering additional lounging and dining space.
The private owner’s accommodation has its own courtyard with additional gardens and parking space. | | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 2098 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
