FREEHOLD HOTEL & LICENSED RESTAURANT
Price:
Freehold - £999,995
Location:
Wiltshire , Swindon
FREEHOLD HOTEL & LICENSED RESTAURANT
Exceptional grade II listed property offering open countryside views
Advised turnover £200,000 PA with high GP returns
Early interest and viewing is highly recommended
Situated in the countryside just outside Swindon
Ideal lifestyle change opportunity
Scope for further development
FREEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional freehold opportunity which has a proud history dating back to the 1970’s. Since 1990 the business has been owned and run by our client who is reluctantly placing it onto the market due to health reasons. The business which is managed by our client achieves a very respectful (advised) annual turnover of £200,000. This is derived from offering a very good standard of guest accommodation coupled with a popular restaurant and bar. Both the restaurant and hotel benefit from substantial repeat trade from local business and private clientele. The property also offers sizable conference facilities in its main dining area which is very popular with businesses in and around Swindon. The property can only be described as well presented throughout with many original features and a wealth of character. Our client has gone to considerable expense and effort on the property’s presentation which is a big plus for a new owner as there will be no need for additional funds to be spent for the foreseeable future. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest and viewing of this truly exceptional business.
This exceptional freehold hotel and licensed restaurant, originally a Victorian school built 1859 is located on the outskirts of Swindon, in the rural hamlet of Hook. The hotel benefits from a very quiet countryside location whilst being less than 3 miles away from West Swindon. Lydiard Country Park, at the end of the road on which the hotel is situated attracts large number of visitors both in summer and winter benefiting the restaurant trade. Swindon is a major town with many large national and international companies. It is from these companies that the hotel derives its very lucrative weekly business. Swindon and surrounding areas provide good homes, excellent shopping, excellent schools and NHS services. Swindon has a 55 minute direct rail connection to London, Paddington and Heathrow and Bristol airports are 1 hour away. The weekend and leisure trade is derived from a large number of popular tourist and visitor attractions within easy driving distance as well as major shows an
Grade II listed property offering 12 guest rooms and 1 single staff room or 11 guest rooms and private accommodation. Laundry and housekeeping store. Restaurant with 40/50 covers, bar 30 covers, small rear lounge, secluded courtyard terrace, front lounge (currently used as office) with large front parking facilities, rear gardens and open countryside views at every angle. The property occupies a footprint of just under an acre.
Entrance
Impressive large A framed tiled entrance porch with log storage with double doors into welcoming reception area leading off to the restaurant or hotel bedrooms with views to countryside and rear secluded courtyard. Seating space with reception desk.
Restaurant
Impressive dining hall with high A frame vaulted timber beams under pitched and tiled roof. Large mullioned and transomed windows, original timber floor and fireplace with log burner. Open stair case with balcony to first floor, 40-50 covers with well spaced tables and chairs.
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|