SUPERB 12 LETTING ROOM HOTEL

Price:

Freehold - £289,950

Seller Ref:

2281

Location:

East Yorkshire

Business Type:

Hotels

See Other:

Bed & breakfasts for sale in East Yorkshire
Guest houses for sale in East Yorkshire
Hotels and motels for sale in East Yorkshire
Hotels for sale in East Yorkshire

Description:

THE BUSINESS:

SUPERB 12 LETTING ROOM HOTEL - EAST YORKSHIRE
Fantastic location at the heart of Bridlington
Appointed and presented to a high standard throughout
Turnover of £56,000 with great scope for improvement
Superb 2 bedroom owner's private accommodation
10 vehicle car park (unusual for the location)
Early viewing essential to fully appreciate
FREEHOLD

Business History

Meridian Business Sales are delighted to offer to the market superbly presented 12 guest bedroom hotel with 2 bedroom private owners accommodation which has been established for over 35 years and in the careful hands of our client for the past 4 years. Our clients are reluctantly offering the business to the market to due to unfortunate ill health. Since our clients took ownership of the business they have continued to invest money into refurbishing the premises to the point that it now represents a turnkey opportunity for any prospective purchaser. Our clients inform us of an annual turnover of £56,000 which is derived from room lettings. There is substantial scope for improvement as our clients run the business to suit their lifestyle and do not provide a evening meal service or indeed take advantage of the hotels fully licensed bar. The business is also closed in December and January again providing scope for improvement. The business has a superb website which is externally maintained and receives a substantial amount of bookings from its affiliation with Bookings.com. Our clients have an enviable reputation in the area and have large numbers of repeat visitors and contract business bookings, as well as benefiting from the numerous events that are staged in the town including the International darts tournaments and pool events staged at the nearby Spa Theatre. The business would ideally suit a husband and wife partnership providing a good standard of living and as such early viewing is strongly recommended.

Location Details:

This superb 12 letting room hotel is located at the heart of Bridlington's guest house and hotel area. The business is in a prime location and is only 2 minutes walk from the town centre and local bus station and within 5 minutes leisurely walk of the beach and main train station. The business is also superbly positioned to take advantage of the many visitors throughout the year to the locally renowned Spa Theatre which hosts numerous and popular events throughout the year. Bridlington is a popular coastal town in the East Riding Of Yorkshire. It is well known as a popular tourist destination. Bridlington is reached easily via the main A164 and A165 roads and is within a short distance of both Hull and Scarborough. The town is also served by Bridlington Railway Station which is on the Yorkshire Coastline.

Accommodation:

A detached 3 storey hotel enjoying a prime location at the heart of the town's guesthouse accommodation area briefly comprising: GROUND FLOOR - Secure entrance leading to large open plan reception area with split staircase access to first and second floor, stair lift for disabled visitors. Left of entrance lies the beautifully presented residents lounge and separate fully licensed bar. Entrance to superb 24 cover dining room. Owners accommodation: Private spacious lounge area Double bedroom Large 'split' fully equipped kitchen/food preparation area Office area Main double sized bedroom Private bathroom Small conservatory FIRST FLOOR - 8 guest bedrooms briefly comprising 2 single rooms, 1 twin room and 5 double bedrooms (2 with en-suite). 2 separate guest bathrooms and 2 separate guest toilet facilities. Stairs lead to second floor. SECOND FLOOR - 4 guest bedrooms, 2x double bedrooms and 2 x family 'triple' bedrooms. 2 x under eve storage rooms. EXTERNAL - Ample fr