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22 Ensuite Bedroom Hotel In Morecambe Lancashire

Morecambe Lancashire
22-en-suite letting room Hotel, Morecambe, Lancashire T/O: £33,000 GP: 85% Run at a pace to suit Well presented Close to promenade Generous 5 bed owners' accom
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 73431
ADVERT IMPRESSIONS : 8,994 TIME(S)

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

FREEHOLD:

£490000
 

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BUSINESS DETAILS:

Location
Glenthorn Hotel is ideally located just 50 metres from the promenade in the popular seaside resort of Morecambe, Lancashire. The impressive five-storey mid-terrace property lies close to the leisure park and benefits from ample free on-street parking directly outside. The town centre, just a short walk away, boasts excellent shopping facilities along with two markets. There is a wealth of attractions in the area and the town is host to a variety of festivals throughout the year. Morecambe lies approximately 4 miles from the city of Lancaster and just 6 miles from the M6 motorway.

Business History
Preferred Commercial is delighted to offer for sale this popular 22 en-suite bedroom hotel, which has been in our clients' careful hands since 2004 and which is only now being placed on the market due to our clients' wish to retire. The hotel is run at a pace to suit our clients and generates a turnover in the region of £33,000 with a gross profit of 85%. There is scope for a new owner to increase turnover by running at full capacity, introducing evening meals and opening the restaurant to non-residents. A new owner could also embark on a modest marketing campaign. The hotel offers a bar area, 60-cover restaurant and games room. There is generous 5-bedroom owners' accommodation to the lower ground floor. There is a comprehensive website in place with on-line booking facilities. The hotel boasts an enviable reputation with good reviews on review websites. We feel this represents an ideal opportunity to acquire a 22-bedroom hotel in such a desirable location and with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £33,000 approx.
GP: 85%
Run at a restricted pace to suit

Opening Hours
All year round

Accommodation Details
Impressive 5-storey mid parade hotel premises, ideally located close to the promenade. Briefly comprising:

Ground Floor
• Reception hallway with reception desk
• Residents' lounge with feature brick fireplace and comfortable seating
• Games room with 2 x electronic games machines, pool table and bay window
• Bar with wooden bar servery, 2-points of dispense, electronic cash register, optics display, perimeter seating, dance floor and raised stage area, integrated sound and light system
• Restaurant/dining room with carpeted floor and tables and chairs for 60 covers
• Ladies WCs
• Gents WCs

Lower Ground Floor
Owners' accommodation, briefly comprising:
• Kitchen with a range of fitted wall and base units, plate warmer, oven, 6-burner hob, electric oven, microwave oven, grill, twin griddle, Bain Marie, double stainless steel sink, commercial sink, twin fryer, 2 x freezers, 2 x refrigerators, commercial dishwasher
• Storeroom
• Linen cupboard
• Cloakroom/cellar
• Children's playroom/further bedroom
• 2 x lounges
• 3 x single bedrooms
• 2 x double bedrooms
• 2 x large bathrooms with bath, shower, WC and wash basin

First Floor
• Room 102: Family room with double and 2 x single beds, en-suite shower, WC and wash basin
• Room 103: Double with en-suite shower, WC and wash basin
• Room 104: Single with en-suite shower, WC and wash basin
• Room 105: King size room with feature bay window and en-suite shower, WC and wash basin
• Room 107: Single with en-suite shower, WC and wash basin
• Room 108: Double with en-suite shower, WC and wash basin
• Room 109: Double with en-suite shower, WC and wash basin
• Room 110: Single with en-suite shower, WC and wash basin
• Room 111: Double and single with en-suite shower, WC and wash basin
• Storeroom
• Shower room

Second Floor
• 2 x storerooms
• Room 202: Double and single with en-suite shower, WC and wash basin
• Room 203: Double with en-suite shower, WC and wash basin
• Room 204: Single with en-suite shower, WC and wash basin
• Room 205: King size room with feature bay window and en-suite shower, WC and wash basin
• Room 208: Family room with double and 2 x single beds, en-suite shower, WC and wash basin
• Room 209: Double with en-suite shower, WC and wash basin
• Room 210: Single with en-suite shower, WC and wash basin
• Room 211: Single with en-suite shower, WC and wash basin
• Room 212: Single with en-suite shower, WC and wash basin

Third Floor
• Room 301: Double and single with en-suite shower, WC and wash basin
• Room 302: Double with en-suite shower, WC and wash basin
• Room 305: Double and single with en-suite shower, WC and wash basin
• Room 306: Double with en-suite shower, WC and wash basin

External
• Seating area to front
• Enclosed rear garden with paved patio area
• Car park for 4 vehicles
• External boiler room

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

3026 / RightBiz
   
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