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• A PROMINENT AA 3-STAR RATED HOTEL LOCATED IN THE CATHEDRAL CITY OF TRURO

Price:
Freehold - £1,950,000
Seller Ref:
B34266
Location:

Cornwall, Truro

Business Type:

Commercial Property, Hotels

See Other:
Hotels and motels for sale in Cornwall
Development sites for sale in Cornwall
Hotels for sale in Cornwall
Commercial property for sale in Cornwall
Description:
THE BUSINESS:
SET IN APPROXIMATELY A 1-ACRE PLOT INCLUDING SOME ESTABLISHED GARDENS AND A SIZEABLE CAR PARK
A TOTAL OF 30 EN-SUITE GUEST BEDROOMS IN THE MAIN HOTEL & ANNEXE
RECEPTION, BAR LOUNGE, 42-COVER DINING ROOM, 2 FURTHER FUNCTION ROOMS
EQUIPPED COMMERCIAL KITCHEN AND SERVICE AREAS
TURNOVER FOR 31/10/08 £509,636 PRODUCING A GROSS PROFIT OF 55%
DEVELOPMENT POTENTIAL SUBJECT TO PLANNING CONSENT
INFORMAL TENDER – FRIDAY 2nd JULY 2010
We have been informed by our client that The Brookdale was purpose-built as a hotel in 1937 and our clients, now wishing to semi-retire, have traded the hotel for approximately 10 years. This imposing 3-star rated hotel offers well-proportioned public rooms including the “Rashleigh” and “Tremorvah” function rooms, reception, bar lounge with access to a 42-cover dining room/further function room and a well-equipped commercial kitchen and service areas. 22 of the 30 en-suite guest bedrooms are located in the main building and the remainder are situated in the annexe, namely Brookdale Lodge. All guests bedrooms are furnished with the required furniture, have the benefit of either an en-suite shower or bathroom and include central heating. Externally, to the front of the hotel are lawned gardens with twin drives providing access to the sizeable car park for approximately 36 vehicles
The hotel trades all-year-round offering either room only, Bed & Breakfast or Dinner Bed & Breakfast tariffs. The trading Profit & Loss Accounts for year ending 31/10/08 show sales of £509,636, producing a gross profit of 55.83%. The business trades with the assistance of 1 full-time Manager, receptionist, chef and head waitress, in addition to up to 7 part-time members of staff. In the normal manner, further information and accounting data will be made available to prospective purchasers subsequent to a viewing appointment.
Location Details:
The Brookdale Hotel enjoys a prominent location on Tregolls Road, leading into Truro city centre. The cathedral city of Truro is Cornwall’s main administrative and commercial centre, boasting an excellent range of shopping, commercial and leisure facilities. The hotel’s convenient city centre location provides all-year-round trade from commercial and tourist related bookings.
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