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3 Star 16 Bedroom Hotel In Birmingham West Midlands

Erdington West Midlands
16 en-suite Bedroom Hotel Erdington, Birmingham T/O: £80,000 GP: 70% Close to M6 Ideally located 2 miles from city centre Scope to develop further
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68064
ADVERT IMPRESSIONS : 7,752 TIME(S)

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

LEASEHOLD:

£130,000
 

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BUSINESS DETAILS:

Location
The Dayspring Hotel occupies substantial premises, ideally located on a busy main road in the Erdington area of Birmingham. The business is ideally located being just off junction 6 of the M6 motorway and situated on popular bus routes. The business benefits from ample private car parking to the rear. The hotel is located just 2 miles from the centre of Birmingham and makes an ideal base to visit local attractions such as Aston Villa Football Club, Birmingham City Football Club, Birmingham Wheels Raceway and the International Convention Centre, all of which are within approximately 3 miles. Birmingham International Airport and the National Exhibition Centre are approximately 10 miles away.

Business History
Preferred Commercial is delighted to offer for sale this popular 3-star, 16 en-suite bedroom hotel, which was established by our client in 2006 and which is only now being placed on the market due to our client's wish to relocate. The business operates all year round generating a turnover in the region of £80,000 per annum with a gross profit of 70%. The imposing property boasts gardens to front and a 24 space car park to the rear with remote control electric gates. The business benefits from much repeat custom and many word of mouth recommendations. There is a quality website in place, which offers online booking facilities. All rooms are en-suite and have tea and coffee making facilities and free WiFi access. We feel this represents an ideal opportunity to acquire a thriving 16 bedroom hotel in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £80,000 approx.
GP: 70%

Opening Hours
All year round

Accommodation Details
Substantial three-storey property, with large car park, situated close the motorway junction. Briefly comprising:

Ground Floor
• Entrance porch leading to hallway
• Conservatory/breakfast room with tiled floor, 5 glass topped tables offering 16 covers
• Commercial grade kitchen with microwave oven, grill and gas oven
• Store room
• Guest lounge
• Room 1: Twin room with disabled access, en-suite shower, WC and wash basin
• Room 15: Double with en-suite shower, WC and wash basin
• Room 16: Double with en-suite shower, WC and wash basin
• Room 17: Single with en-suite shower, WC and wash basin

First Floor
• Hallway with ice machine
• Room 2: Single with en-suite shower, WC and wash basin
• Room 3: Single with en-suite shower, WC and wash basin
• Room 4: Twin with en-suite shower, WC and wash basin
• Room 8: Twin with en-suite shower, WC and wash basin
• Room 9: Single with en-suite shower, WC and wash basin
• Room 10: Double with en-suite shower, WC and wash basin

Second Floor
• Room 5: Double with en-suite shower, WC and wash basin
• Room 6: Single with en-suite shower, WC and wash basin
• Room 7: Single with en-suite shower, WC and wash basin
• Room 11: Single with en-suite shower, WC and wash basin
• Room 12: Single with en-suite shower, WC and wash basin
• Room 14: Twin with en-suite shower, WC and wash basin

External
• Garden to front laid mainly to lawn
• Patio area to rear
• Storage shed
• 24-space car park to rear with remote electric gates

Tenure
Leasehold
New lease to be negotiated
Rent: £2,000 per month
   
  FOR SALE
   

REFERENCE:

2739 / RightBiz
   
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