Large Hotel with 40 Letting Rooms in Plymouth
Price:
Freehold - £1,450,000
Location:
Devon, Plymouth
Preferred Commercial is pleased to offer for sale this family run hotel, which was established by our clients' in 1982. The business is only now being placed on the market due to our clients' wish to retire. The hotel generates a turnover in the region of £340,000 per annum with a gross profit of 50%. The business operates all year round as bed and breakfast accommodation and boasts 3-storey premises with 40-letting rooms, all of which have en-suite facilities. The hotel is highly maintained throughout and is well-equipped to suit the trade. Our clients' have developed an excellent reputation and a loyal customer base, which ensures much repeat trade. The hotel currently has a website in place, which provides information on location, facilities and contact details. We feel that turnover could be increased by introducing internet booking facilities via the website, and perhaps, offering lunchtime and evening meals for guests. This is an ideal and rare opportunity to acquire a profitable business, which is well-equipped and in a 'walk-in-and-trade' condition. Early negotiations with Preferred Commercial must come highly recommended.
Cranbourne Hotel is ideally located in a popular historic holiday destination of Plymouth in Devon. The business is set in a prominent position, just off a busy main road, the B3240. The hotel is situated among similar businesses and is surrounded by a densely populated area. The guest house benefits from ample car parking, nearby shops and restaurants and boasts easy walking distance to the sea front and promenade. The town centre is also just a short walking distance away, which possesses a large variety of amenities and tourist attractions. There are regular buses running through the area and railway station is within easy reach. The location makes an ideal choice for family holidays, quiet breaks, and weekend getaways.
A substantial 3-storey hotel, situated in a prominent corner plot and boasting 40 en-suite letting rooms. Briefly comprising.
Lower Ground Floor
• 6 x family
• 1 x single
• 2 x double
Ground Floor
• Lounge bar
• Dining room
• Commercial kitchen • Office
• Private kitchen
• 1 x staff bedroom
• Laundry room
• 2 x family
First Floor
• 5 x family
• 2 x single
• 5 x double
• 2 x WCs
Second Floor
• 4 x family
• 3 x single
• 4 x double
• 3 x shower rooms
Third Floor
• 6 x family
• 3 x single
• 3 x shower rooms and 3 x WCs
North Yorkshire
£ 750,000
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