Business Summary

Key Features:-

25 Bedroom En-Suite Licensed Hotel Substantial Property Adjacent to Town Center Fully Equipped for approx 20 Guests Mainly Detached with Parking for 20 Cars Lift, Central Heating and L2Well Established with 3 Star Visit Britain Accred Consider Part Ex for Smaller Hotel 10/12 Beds up to £250,000Also Available Freehold.

Property Description:-

Accommodation Comprising

Ground Floor
Vestibule entrance hall and stairs; 4 person passenger lift; bar lounge with upholstered seating and fitted bar counter; wc; dining room with 48 covers; kitchen with non slip flooring, stainless steel extraction, double bowl stainless steel sink unit, commercial stainless steel sink unit; utility room with central heating boiler; double en suite letting bedroom. Private Accommodation: 2 double bedrooms (1 with en suite shower and wc); lounge; office; shower and wc;

First Floor
12 en suite bedrooms (5 double, 3 twin, 3 single, 1 triple);

Second Floor
12 en suite bedrooms (5 double, 5 twin, 1 single, 1 triple).

Exterior
Rear and forecourt parking for 20 cars in total.

Business
The business is equipped to cater for 48 guests including 6 burner cooker, grill, hot cupboard, double deep fat fryer, 6 bank toaster, fridge, freezer, etc. A full inventory will be prepared prior to exchange of contracts. The business operates all year round on tariffs ranging from £25 to £35 per person per night on a Bed & Breakfast basis. The vendor confirms turnover levels are in the region of £100,000 full accounts will be made available to interested parties after viewing.

Services
All mains services connected plus 4 person passenger lift, L2 fire alarm, gas and electric certificates and CCTV.

Tenure
Leasehold. New Full Repairing & Insuring Lease with terms negotiable. Commencing rent £25,000. 3 year reviews.

Location
On the Northerly frontage of Reads Avenue between Coronation Street and Park Road adjacent to the Town Center.

Property Details