Hotels and Motels for sale in Cumbria

View the "Project Pearl - Cumbria" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £2,250,000 Price Reduced Annual Turnover: £1,050,000
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Business Description
• Income of £1,050k in the year ended 30th September 2014 generating an adjusted EBITDA of £144k
• Scope to increase income and profitability through development, expansion and additional marketing
• 27 en-suite bedrooms
• Function suite licensed for 300 guests

The opportunity offered is the acquisition of Project Pearl, a charming 18th century country house hotel located in Cumbria. The business was purchased by the current owners in 1981 and has enjoyed significant investment to ensure a high standard of facilities are available. Please call Alistair Watt on 0131 3140660 for further information.

The opportunity offered is the acquisition of Project Pearl, a charming 18th century country house hotel located in Cumbria. The business was purchased by the current owners in 1981 and has enjoyed significant investment to ensure a high standard of facilities are available.

* Income of £1,050k in the year ended 30th September 2014 generating an adjusted EBITDA of £144k

* Wedding and conference facilities

* 27 en-suite bedrooms

* Function suite licensed for 300 guests

* Integral part of the local community

* Significant scope for development and expansion with planning permission already in place

* Large amount of development ongoing in the area

* Scope to increase income and profitability through development, expansion and additional marketing
Tenure: Freehold

Listed by: Kings Business Transfer
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KBT43293
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