18th Century Hotel and Restaurant in Lincolnshire
Price:
Freehold - £690,000
Location:
Lincolnshire , Alford
Business Type:
Food Service Businesses, Hotels
Preferred Commercial is delighted to offer for sale this popular hotel and restaurant, which was first established in 1792 and which has been in our clients' careful hands since 1971. The business is only now being placed on the market due to our clients' wish to retire. The restaurant boasts a 50-cover dining area while the hotel has 16 letting rooms generating an impressive turnover. There is scope to increase turnover further by promoting the function and wedding aspect of the business. The second floor of the property could be converted to further letting accommodation if desired. Our clients have owned the business for 40 years and have constantly invested in enlarging and developing the hotel and restaurant to the truly impressive operation we see today and boasts 3-Star rating with enjoyengland.com. The character building offers all modern day facilities and conveniences and must be viewed to fully appreciate. There is a quality web site in place, which offers information about the hotel and restaurant and offers on-line booking facilities. The Half Moon Hotel was originally four terraced residential properties and also stands on a substantial plot which would make it suitable for redevelopment. We are advised that planning for a residential development would be looked on favourably by the local council. Seldom do such well-established and profitable businesses come onto the market that still offer immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
The Half Moon Hotel and Restaurant occupies a prominent trading location on the main road through the delightful town of Alford in Lincolnshire. The business lies opposite the church and is surrounded by many complementary shops and businesses. Alford is a sought after place in which to live and work and is a typical Lincolnshire town with many thatched roofed buildings and a working windmill. The town lies at the foot of the Lincolnshire Wolds, approximately 13 miles northwest of the popular resort of Skegness and just 7 miles from Mablethorpe. The town boasts easy access to the busy A16, which leads from Grimsby, through Boston to Peterborough.
Sun - Thurs:11.00am - 11.00pm
Fri - Sat:11.00am - 1.00am
Substantial and historic grade II listed hotel and restaurant premises offering 16 letting rooms, 50-cover restaurant, function room, large car park and garden area. Briefly comprising:
Ground Floor and First Floor
• Large public bar lounge, • Restaurant
• Reception
• Large commercial
• Laundry room,
• Spacious function room
All 16 letting rooms have en-suite facilities, Wi-Fi internet access, TV and telephone.
Second Floor
• This level boasts a new floor and could be converted into further accommodation if desired, subject to any relevant permissions
External
• Large car park
• Large area laid to lawn for wedding marquees
• 2 x smoking shelters
• Night porter's accommodation with bedroom and bathroom
• Linen store
• Bottle store
• Large external seating area
North Yorkshire
£ 750,000
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