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EXCELLENT FREEHOLD HOTEL WITH FREE OF TIE BREWERY LICENCE

Price:
Freehold - £985,000
Seller Ref:
2627
Location:

Avon, Bristol

Business Type:

Hotels, Pubs

See Other:
Public houses for sale in Avon
Pubs for sale in Avon
Bed & breakfasts for sale in Avon
Guest houses for sale in Avon
Hotels and motels for sale in Avon
Pubs for sale in Avon
Hotels for sale in Avon
Description:
THE BUSINESS:
EXCELLENT FREEHOLD HOTEL WITH FREE OF TIE BREWERY LICENCE
Advised annual turnover of £303,687 with good gross profit returns
Neighbouring business for sale The Royal Complex (Ref: 2628)
Early interest and viewing is highly recommended
Ideal investment and development opportunity
30 bedroom hotel with free of tie licensed bar
Ideal trading location in Avonmouth, Bristol
Sale price includes all fixtures and fittings
Huge scope for future growth
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this excellent freehold hotel which has a proud history dating back to the early 1800s. Since 2001 it has been owned and run by our client, who is only now placing it onto the market due to his strong desire for retirement. The business, which is run and managed with the assistance of staff, achieves a very respectable advised annual turnover of £303,687, which is derived from offering guest accommodation services to a wide range of customers throughout the year. The hotel has a large free of tie bar and dining facility coupled with an entertainment area. It also has a connecting café/diner coupled with function and meeting room facilities. Our client has gone to considerable expense and effort on the properties presentation and he is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. The property has a wealth of potential and redeveloped usages, which gives a new owner endless options for the property’s configuration and future use, subject to planning. We would like to urge very early interest in this opportunity as properties of this calibre rarely appear onto the market. Our client also has a neighbouring opportunity on the market The Royal Complex (2628) additional information is available from Meridian Business Sales Ltd.
Location Details:
This excellent freehold hotel has an ideal trading location in the highly desirable area of Avonmouth which is in Bristol. The hotel stands proud, neighbouring the Avonmouth Railway Station and the entrance to the shopping district. The location is ideal as it has a wealth of neighbouring business; ports and attractions, easy access to shopping and entertainment facilities, whilst being only a stone’s throw away from two major motorway links. Avonmouth is located at the mouth of the River Avon, on its north bank and on the Severn Estuary. The large ports Avonmouth Docks and The Royal Portbury Dock are situated in the area. The area is home to several large chemical manufacturing plants and a gas fired power station with a good selection of corporate businesses. The hotel sits less than 8 miles away from Bristol city centre and due to its many motorway links, has easy access to Newport, Cardiff, Weston-super-Mare, Swindon and Gloucester. Motorway links to the M49 and M5 are less than 1
Accommodation:
Well presented 4 storey property with lobby, reception, restaurant bar, computer room, cafe/diner, male, female and disabled toilets, hotel bar, stage with dance floor, commercial kitchen, laundry room, guest kitchen, 10 + storage rooms, cellars, management offices, 30 guest bedrooms mostly en-suite, 4 employee bedrooms, external yard and flat roof, briefly comprising of: GROUND FLOOR Lobby to hotel reception with welcoming booking area and computer systems. Restaurant/bar, fitted with pumps, spirit displays and chillers. Computer room with PC systems and work space. Cafe/diner with fitted kitchen plus 2 seating areas for high cover occupancy. Male and female toilets Hotel bar, large open plan area with fitted serving bar, fixed seating, traditional tables and chairs. Fully fitted stainless steel commercial kitchen with preparation area Stage and dance floor connecting to hotel bar Dressing room with shower and toilet Male, female and disabled toilets Gu
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