25 Bedroom Hotel In South Cumbria | | Undisclosed Cumbria | | Hotel and Restaurant. T/O: £825,000 GP: 75% Cumbria. Huge scope. Well-equipped. Spectacular premises. 25-letting rooms. Function facilities. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69290
ADVERT IMPRESSIONS : 18,841 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £1800000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This hotel occupies a 2-storey imposing building set in its own large grounds, ideally located in a rural affluent town in South Cumbria. The premises benefit from ample private parking and are surrounded by picturesque countryside. The property has easy access to the A-road network and the coast is just a short drive away. The premises lie close to a number of major towns and attractions. The area is popular with commuters due to its rural location and excellent road and rail links across the region. The town is a popular tourist destination and is an ideal base to explore the Lake District National Park.
Business History
Preferred Commercial is delighted to offer for sale this thriving hotel and restaurant, which was established by our clients in 1986 and which is only now offered to the market due to our clients' wish to retire. The hotel occupies an imposing Victorian property which was built in 1872 as a school and renovated into a modern luxury 25-bedroom hotel. The business trades all year round and generates a turnover in the region of £825,000 per annum with a gross profit of 75%. The hotel offers 25 en-suite guest bedrooms, high quality home cooked food, real ale, fine wines and spirits. The business is licenced for weddings, civil ceremonies and caters for corporate events, parties and other functions. Our clients have gained an enviable reputation and are renowned for providing high quality accommodation with excellent customer service. There is scope to increase turnover further by embarking on a modest marketing campaign. The business enjoys much repeat trade and is highly recommended by guests. The premises are fitted to a high standard throughout and have been well-maintained. All letting rooms have been recently renovated and are fitted to the highest standard, with en-suite facilities, flat screen satellite TVs and free wi-fi throughout. Planning permission has been granted, and work has started, to extend the ground floor in order to reposition the restaurant downstairs, allowing the current restaurant to be converted into a further 5 double en-suite bedrooms. A new luxury Bridal / Executive Suite, which overlooks the chapel, will be ready beginning 2012. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £825,000 approx.
GP: 75%
Opening Hours
24 hours a day, 365 days a year
Accommodation Details
Substantial Victorian 2-storey property with 25 letting rooms, restaurant and function facilities, set in mature formal gardens. All bedrooms have en-suite facilities with either bath and/or shower/Jacuzzi. Free wi-fi access throughout. Briefly comprising:
Ground Floor
• Reception area with counter, computer booking system, eftpos facilities and bedroom telephone terminal.
• Seating area with tables and chairs for up to 12 guests
• Chapel suite for weddings and civil ceremonies, accommodates 100+ guests.
• Chapel area for ceremonies
• Bar lounge with 10 points of dispense, including real ale, seating for 40 guests, large screen TV and gas fire.
• Conference / Function suite catering for weddings, presentation evenings, conferences etc. Fully air conditioned and catering for 160+ seated guests. Includes separate balcony area.
• Commercial kitchen with all modern facilities, comprising 12-burner gas hob and 2 x double ovens, griddle, 2 x Hobart combi ovens, 3 x deep fat fryers, 2 x chest freezers and 2 x walk-in chill rooms. Heated serving galley. Staff toilets and changing room.
• 3 x double/twin bedrooms with en-suite facilities, direct dial telephone, flat screen satellite TV, hairdryer and ironing equipment.
• 7 x family bedrooms, sleeping four guests, with en-suite facilities, direct dial telephone, flat screen satellite TV, hairdryer and ironing equipment.
First Floor
• Restaurant area with tables and chairs for 120+ covers, fully air conditioned, LED mood lighting and dumb waiter to kitchen.
• 15 x double/twin bedrooms with en-suite facilities, direct dial telephone, flat screen satellite TV, hairdryer and ironing equipment. Includes Bridal Suite with four-poster bed and en-suite Jacuzzi bath.
External
• Parking facilities for up to 40 vehicles
• Formal gardens for wedding photography
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2805 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
