8 Letting Room Hotel In Gwynedd | | Bangor Gwynedd County | | Hotel Bangor, Gwynedd T/O: £80,000 GP: 91% Scope to increase turnover Loyal customer base Well-equipped Large grounds Rural location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63031
ADVERT IMPRESSIONS : 6,068 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £1,350,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Swn-Y-Nant Hotel occupies substantial detached premises, ideally located on the A487 junction with the A4087 in Bangor, Gwynedd. The business is surrounded by picturesque countryside and is less than 2 miles from the sea. The premises benefit from ample private parking and are situated on approximately 3 acres of land. The business is located next to a large restaurant and there are a number of bus routes serving the area. Bangor city centre and the railway station are less than 3 miles away and Caernarfon is approximately 5 miles to the south.
Business History
Preferred Commercial is delighted to offer for sale this popular hotel, which was established by our clients in 1987 and which is only now offered to the market due to our clients' wish to retire. The business is run at a pace to suit our clients and trades all year round generating a turnover in the region of £80,000 with a gross profit of 91%. We feel the turnover could be further increased by establishing a website advertising their services and facilities with online booking facilities. There is also the opportunity to extend the premises by establishing 6 further letting rooms, subject to the relevant planning permission being granted. Our client offers 8-letting rooms, which are all finished to a high standard throughout, along with a breakfast menu. The business has an excellent reputation and is renowned for its high quality of service. 4 of the letting rooms are currently let out to the local council at £40 per night. The premises boast 3 separate buildings with 8-letting rooms, 1-bedroom owners' accommodation, commercial kitchen, breakfast area and guest lounge. We feel that this is an ideal opportunity to acquire an already popular hotel huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £80,000 approx.
GP: 91%
Opening Hours
All year round
Accommodation Details
Substantial premises with 3 separate buildings set in 3 acres of land. Briefly comprising:
Main Building
Ground Floor
• Breakfast area with tables and chairs for up to 12 covers
• Bathroom with shower, WC and wash hand basin
• Commercial kitchen with a range of fitted units, 6-burner range and doorway to laundry room
• Laundry room with washer and dryer
• Large lounge with feature fireplace, electric fire, and patio doors to rear garden
First Floor
• Owners' double bedroom with walk in wardrobe
• Bathroom with shower, WC and wash hand basin
• Office that could be double letting room
• Room 9: large family room with double bed and 3 x single beds, table TV and tea and coffee facilities
Self-Contained Building
• Room 1: family room with double bed and 2 x single beds, wardrobe, refrigerator, TV and en-suite bathroom with bath, WC and wash hand basin
• Bathroom with bath, WC and wash hand basin
• Room 2: single bedroom with wash hand basin
• Room 3: single bedroom with wash hand basin
• Room 4: single bedroom with laminate flooring
• Room 5: double bed and single bed with TV, tea and coffee making facilities and en-suite bathroom with shower, WC and wash hand basin
• Room 6: single bedroom with wash hand basin
Second self-contained Building
• Room 7: double bed, single bed, wardrobe, refrigerator, TV and tea and coffee making facilities
• Bathroom with bath, WC and wash hand basin
External
• Extensive lawn area to rear with patio area and large brick built shed
• Parking with spaces for up to 15 vehicles
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2452 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
