Highly Rated Nottingham Hotel with Growth Potential for Sale
Nottingham, Nottinghamshire
- Status
FOR SALE
- Date Submitted:
12/03/24
- Advert ID
608120
- Reference
B07897 / Rightbiz
- Call Agent:
- Leasehold: £79,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly Rated Hotel For Sale
BusinessPlease quote reference B07897
CoGoGo are delighted to welcome to the market Robin 7, a highly rated Hotel/Guest House in the city centre of Nottingham.
Robin 7 was first established by our client in 2014, building up an excellent reputation and regular customer base.
The business has now come to the open market due to our clients desire to move on to other business ventures.
Robin 7 is a Hotel/Guest House with 6 letting rooms with the potential of a 7th. Each room has its own individual touch and has tea and coffee making facilities. Their rooms are arranged over two floors, and come in a variety of shapes and sizes, as you would expect in grade II listed building. All of the rooms have recently been renovated and are equipped with flat screen TV, radio with alarm clock, a hairdryer, free Wi-Fi in all areas. DeLuxe rooms come with a minibar/refrigerator and Superiore room has a large comfy bed, minibar/refrigerator, sofa, Nespresso coffee machine, bigger working desk with a chair, 32-inch LCD TV, ceiling fan and much more amenities for your comfort.
Robin 7 Lodge City Centre also offers in all rooms complimentary toiletries, towels, coffee & tea, etc. to welcome you to your room, and these are also replenished every day.
Key selling points -
- Well Established
- Scope for further growth
- Handover option available
- Excellent reviews
- Increase advertising and marketing
- Further develop the website
Location
Robin 7 is locate on St James's Terrace in the city centre of Nottingham.
Premises
Independent ground floor entrances to the bar restaurant with mezzanine level dining area in all comfortably sitting 50 people. Good facilities including commercial catering kitchen and ancillary areas, basement storage areas. 6 well appointed letting bedrooms on first and second floors, unused accommodation on the third floor. Reception office on the first floor.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £2,500 per month.
Hours
Due to the nature of the business, it operates all year round via bookings only.
Staff
We are advised that the business is run and managed by our clients.
Financial Profile
Accounts will be made available to genuinely interested parties who have viewed the business.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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