Successful Isle Of Wight 20 Bedroomed Detached Hotel For Sale | | Shanklin Isle of Wight | | Successful 20+ bedroomed Hotel with sea views, great location, fully up to date with all safety regulations (see below)-some weeks already fully booked 60% repeat trade-can be expanded in many ways. Private car park. Freehold to buy Successful Isle Of Wight 20 Bedroomed Detached Hotel For Sale is located in Isle of Wight. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 38929
ADVERT IMPRESSIONS : 14,462 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Private Sale | FREEHOLD: | £675.000 ONO | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | We have for sale a very successful 4 star guest accommodation on the Isle Of Wight. Although the Hotel has had its best year since the new owners took over in 2006, there is still lots of scope for more profit and higher turnover as the present owners work on a restricted (their choice) guest choice (eg no children under 12) and yearly term. The Hotel has 20+ bedrooms and has weeks already booked as 60+% is repeat business. At present the owners open April thru to October and Christmas, but can be extended or reduced as required. The owners also stopped taking coach companies but this can also be reintroduced if required. The Hotel has enough rooms to be made into a boutique Hotel or left as is. All legal requirements are fullfilled including new smoke alarm system in all rooms, new fire doors/intrudescent strips on bedroom doors where required, new alarm points, doors etc. The Hotel is being constantly updated by the present owners. Please note when buying an Hotel/Guest House a SWOT analysis etc needs to be drawn up to support your financial loan application and we can help with this (ours is used as a template for others by our financial advisor). Also please note that commercial properties need a higher deposit, plus proof of profits etc- ALL OF WHICH CAN BE SUPPORTED. Its easier to get a commercial loan on a property that is up and running with proven profits. There is a private three bedroomed, lounge/diner and bathroom for the owners or managers. We are in a prime location with easy access to shops, beach, theatre Old Village etc. The lounge, bar and dining room all have sea views - so do some of the bedrooms. There is a private car park for approx 12 cars. The owners will be happy to help the new owners free of charge for a week in order to get the new owners used to running the business if required. We are selling the business due to a family illness. | | | | | | EXPIRED - AWAITING DELETION | | | | | REFERENCE: | 38929 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
