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20 Bedroom Hotel And Restaurant In Suffolk

Eye Suffolk
Hotel, Restaurant and Wedding Venue Brome, Suffolk T/O: £300,000 GP: 65% Scope to increase turnover Substantial property 4-acre field and extensive grounds Good reputation
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 59264
ADVERT IMPRESSIONS : 12,845 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Hotels
SALE: Agent Sale

FREEHOLD:

£599,950
 

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BUSINESS DETAILS:

Location
Brome Grange Hotel occupies substantial detached premises ideally located on a busy A-road through Brome, Suffolk. The premises benefit from extensive grounds and private courtyard parking. Brome is a picturesque village surrounded by verdant countryside and lies close to the town of Diss, where there is a range of amenities including shops, bars and restaurants. The business has easy access to the A-road network and is approximately twenty miles north of Ipswich. Cambridge and the M11 motorway lie to the east.

Business History
Preferred Commercial is delighted to offer for sale this long-established hotel and restaurant, which has been in our client's careful hands since 2005 and is only now offered for sale due to a change in our ill health. The hotel occupies a number of buildings including a 16th century tithe barn, which has been beautifully restored and is used primarily for civil wedding ceremonies and wedding receptions. The premises also boast 20 chalet-style rooms, all with en-suite facilities, a lounge bar, a restaurant, a commercial kitchen and a self-contained 1-bedroom cottage. The business also offers a 4-acre field, gardens and parking and there are a number of planning consents in place. Our client has developed a warm and welcoming atmosphere, which ensures much repeat trade and personal recommendations. The hotel, until very recently traded all year round and generated a turnover in the region of £300,000 with a gross profit 65%. The hotel was run at a pace to suit our client, who recently took the decision to close the hotel, due to ill health. We feel that a new owner could easily achieve a turnover at previous levels and with a modest marketing campaign, increase turnover. We feel that this represents an ideal opportunity to acquire a substantial hotel in a ready to trade condition, in such a delightful location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: was £300,000 approx.
GP: was 65%

Opening Hours
All year round - currently not trading

Accommodation Details
Hotel premises with multiple buildings, private courtyard and 4-acres of land, situated in a countryside location. Briefly comprising:

Main Building
Ground Floor
• Reception with wood panelling, original fireplace housing open fire, solid wood reception desk and comfortable seating area
• Lounge bar with beamed ceiling, tables and chairs for approximately 20 people, log-burning stove, solid oak bar servery with 7 points of dispense and wall optics
• Restaurant with tables and chairs for approximately 30 covers
• Restaurant annex used as overflow restaurant seating and small meeting room as required. Planning consent is in place to extend this annex to house an additional 30-40 covers, which could be used as further restaurant space or a separate function room
• Commercial kitchen with 3 x stainless steel preparation tables, 12-burner gas hob, grill, griddle, 2-pan commercial fryer, additional fryer, 2 x microwave ovens, large stainless steel refrigerator, freezer, stainless steel sink unit
• Ladies and gents WCs
• Disabled access WC
• Baby changing room

Lower Ground Floor
• Cellar with associated equipment

First Floor
• Conference room suitable for approximately 20 people
• Owners' accommodation. Self-contained and comprising lounge, kitchen, bathroom and double bedroom

16th Century Tithe Barn
The barn is not a listed building. Planning consent is in place and the foundations laid for a covered shelter attached to the rear of the barn.

• Function room suitable for seating approximately 100 covers and can cater for up to 200 people, solid wood bar with 10 points of dispense and open staircase leading to mezzanine area used for disco equipment and lighting controls
• Commercial kitchen with 2 x 6-burner gas ovens, double door stainless steel hot cupboard, double door stainless steel refrigerator, stainless steel preparation areas, stainless steel trolley, stainless steel sink unit, stainless steel commercial dishwasher, coffee machine, ice machine and small fryer
• Ladies and gents WCs
• Cellar with associated equipment

Guest Accommodation
• 20 chalet-style bedrooms in a variety of twin, double and family rooms, situated around a central courtyard. All rooms are well-maintained and offer en-suite facilities.
• Laundry with washing machines, tumble dryers, kitchenette and WC
• Bridal Suite. Medieval-style room with beamed ceilings and four-poster bed. En-suite facilities including Jacuzzi-style bath, double shower, wash basin and WC

Cottage
• Self-contained cottage with lounge, kitchen, bathroom and large double bedroom

Additional
• Building with 3 x dry storage areas, freezer room with 3 x chest freezers and residential accommodation incorporating lounge, bedroom and shower room

External
• Substantial gardens and courtyards
• Private car parking
• 4-acre field

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2233 / RightBiz
   
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