SUPERB 16 BEDROOM HOTEL - WEST MIDLANDS

Price:

Freehold - £1,399,950

Seller Ref:

2672

Location:

West Midlands , Birmingham

Business Type:

Hotels

See Other:

Bed & breakfasts for sale in West Midlands
Guest houses for sale in West Midlands
Hotels and motels for sale in West Midlands
Hotels for sale in West Midlands

Description:

THE BUSINESS:

SUPERB 16 BEDROOM HOTEL - WEST MIDLANDS
Situated on a main road in Erdington, Birmingham
Early interest and viewing is highly recommended
16 guest bedrooms plus owners' accommodation
Sale price includes all fixtures and fittings
Advised annual turnover of £80,000
Scope for further development
Very well appointed property
Ideal trading position
FREEHOLD

Business History

Meridian Business Sales are privileged to offer to the market this superb 16 bedroom hotel. The business has been established for 5 years when our clients transformed it into what it is today. Our clients have gone to considerable expense and effort on the presentation of the property and are very generously including fixtures and fittings within in the sale price which is a huge plus for a new owner as additional funds will not need to be spent. The hotel is run at a pace to suit the current owner and ran by 1 full time and 2 part time staff.The advised annual turnover is £80,000pa the business does not currently trade all year round giving scope to increase turnover further. Rooms are very comfortable with en-suites, TVs, and tea and coffee making facilities. Residents range from tourists, people visiting relatives and business people. This is a superb opportunity, and as such Meridian Business Sales recommends early viewing.

Location Details:

This fantastic business opportunity is situated on a prominent main road location in Gravelly Hill Erdington. Erdington is a suburb just 5 miles northeast of Birmingham city centre, bordering onSutton Coldfield, it is a council constituency managed by its' own district committee. The Dayspring Hotel benefits massively from its surroundings as it has many neighbouring attractions within a short distance including the National Exhibition Centre (NEC), Birmingham Wheels Raceway and not to forget both Aston Villa Football Club and Birmingham City Football Club are with just a 3 miles radius. Erdington is reached easily via the A38 and A452 with the M6 motorway, junction 6, being just a few miles away which travelling and commuting very easy.

Accommodation:

Well presented 16 bedroom hotel briefly comprising: GROUND FLOOR Entrance porch with hallway Guest lounge and reception Conservatory / breakfast room with 16 covers Commercial kitchen Dry stores Second Lounge Owner's Double bedroom Boiler room LETTING ROOMS: Room 1 - Disabled twin, en-suite Room 15 - Double, en-suite Room 16 - Double, en-suite Room 17 - Single room Shower room with shower, toilet and wash basin FIRST FLOOR Room 2 - Double, en-suite Room 3 - Single, en-suite Room 4 - Twin, en-suite Room 8 - Twin, en-suite Room 9 - Single, en-suite Room 10 - Double, en-suite Hallway with ice machine SECOND FLOOR Room 5-Double, en-suite Room 6-Single, en-suite Room 7-Single, en-suite Room 11-Single, en-suite Room 12-Single, en-suite Room 14-Twin, en-suite Note: No room 13 EXTERNAL Rear parking for 28 vehicles (secure with electric gates) Two wooden storage sheds Linen / Laundry room Yard area with seating