Hotel And Wedding Venue With Potential For Change Of Use | | Undisclosed Norfolk | | NORFOLK HOTEL AND WEDDING VENUE WITH POTENTIAL CHANGE OF USE Set in delightful grounds of circa 5 acres 22 en suite rooms/70 cover restaurant/ Lic wedding venue A/T: £414,789 Scope for alternate use FH £1.075M REF: 1129IP | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66181
ADVERT IMPRESSIONS : 18,391 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £1,075,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Village location on the Norfolk/Suffolk border, close to the market town of Diss
Formerly a private manor house and set within delightful grounds approximately 5 acres
Extremely peaceful location ideal for luxury breaks and weddings
Easy access from the A140 trunk road linking Ipswich and Norwich
HISTORY
A Late Georgian front which was completed in 1828, but parts of the building dates back to the early 15 century.
One of the largest houses within the vicinity
Converted to luxury country house hotel accommodation by the vendor at substantial cost
Grade II listed building
Tastefully decorated throughout with 22 individual en-suite guest rooms, two flats, restaurant, bar and public rooms
Recent years have seen growing use as a luxury wedding venue
Good occupancy rates maintained
On going maintenance work as required with premises in generally good order throughout
We have been advised by the vendors that shortly it may be possible to purchase the main building separately without the owners accommodation.
REASON FOR SALE
Retirement
SERVICES
Luxury hotel accommodation for individuals, couples and groups
Full alcohol license
Licensed wedding venue with wonderful ballroom and backdrop for photographs
Corporate and social functions with 4 rooms in varying styles to chose from
Restaurant meals in traditional English style
CUSTOMERS
Predominantly personal customer base
Full wedding service for the bride, groom and guests
Mixed age ranges catered for
Mainly middle and upper income demographic
Discerning
SUPPLIERS
Consumables sourced from a wide variety of trade suppliers
STAFF
TBC
TRADING HOURS
As customer demands dictate
FINANCIALS
Turnover
2011 £414,789
2010 £427,324
2009 £425,804
Room rates vary from £70 to £140 per room per night, bed and breakfast, depending upon room and season
Individual wedding packages are priced according to customer requirements
OVERHEADS
Staff £128,806
Rates £12,083 pa
Heat & light £22,623
PREMISES
A wonderful country house hotel, with Tudor origins, set in approximately 5 acres of delightful Norfolk countryside
Accommodation extends to approximately 16,000 square feet and comprises, briefly:
o 2 entrance halls
o 4 reception rooms
o Ballroom
o Marquee
o Restaurant with approximately 70 covers
o Bar
o WCs
o Fully equipped commercial kitchen
o 22 individually designed guest bedrooms, all en-suite, some with 4 poster beds and Jacuzzis
o 2 self contained flats for use as accommodation by manager or owner or for letting
Delightful grounds and gardens with lawns, lakes and gated entrances to front and rear
Ample guest car parking
STRENGTHS
Superbly presented country house hotel with excellent reputation for weddings
Idyllic setting
Prominent position within the village
Tastefully decorated throughout
Affords the potential for an excellent quality of life within rural Norfolk
Delightful gardens
Excellent website ensuring constant flow of enquiries
SCOPE
Currently run to suit the lifestyle of the vendor
Business development activity is limited at present
Wedding fairs
Development of restaurant which operates on limited hours presently
Alternative use as residential care home (subject to appropriate planning permissions)
Alternative use as health spa (subject to appropriate planning permissions)
Ideal as country headquarters for suitably financed entrepreneur
TENURE
Freehold
Rates £13,382 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1129IP / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
