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25-Bedroom Hotel in South Cumbria

Price:
Freehold - £1,800,000
Turnover:
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Seller Ref:
2805
Location:

Cumbria

Business Type:

Food Service Businesses, Hotels

See Other:
Restaurants for sale in Cumbria
Hotels and motels for sale in Cumbria
Food service businesses for sale in Cumbria
Hotels for sale in Cumbria
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving hotel and restaurant, which was established by our clients in 1986 and which is only now offered to the market due to our clients' wish to retire. The hotel occupies an imposing Victorian property which was built in 1872 as a school and renovated into a modern luxury 25-bedroom hotel. The business trades all year round and generates a turnover in the region of £825,000 per annum with a gross profit of 75%. The hotel offers 25 en-suite guest bedrooms, high quality home cooked food, real ale, fine wines and spirits. The business is licenced for weddings, civil ceremonies and caters for corporate events, parties and other functions. Our clients have gained an enviable reputation and are renowned for providing high quality accommodation with excellent customer service. There is scope to increase turnover further by embarking on a modest marketing campaign. The business enjoys much repeat trade and is highly recommended by guests. The premises are fitted to a high standard throughout and have been well-maintained. All letting rooms have been recently renovated and are fitted to the highest standard, with en-suite facilities, flat screen satellite TVs and free wi-fi throughout. Planning permission has been granted, and work has started, to extend the ground floor in order to reposition the restaurant downstairs, allowing the current restaurant to be converted into a further 5 double en-suite bedrooms. A new luxury Bridal / Executive Suite, which overlooks the chapel, will be ready beginning 2012. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
This hotel occupies a 2-storey imposing building set in its own large grounds, ideally located in a rural affluent town in South Cumbria. The premises benefit from ample private parking and are surrounded by picturesque countryside. The property has easy access to the A-road network and the coast is just a short drive away. The premises lie close to a number of major towns and attractions. The area is popular with commuters due to its rural location and excellent road and rail links across the region. The town is a popular tourist destination and is an ideal base to explore the Lake District National Park.
Trading Hours:
24 hours a day, 365 days a year
Accommodation:
Substantial Victorian 2-storey property with 25 letting rooms, restaurant and function facilities, set in mature formal gardens. All bedrooms have en-suite facilities with either bath and/or shower/Jacuzzi. Free wi-fi access throughout. Briefly comprising: Ground Floor • Reception area • Seating area for up to 12 guests • Chapel suite, accommodates 100+ guests. • Chapel • Bar lounge for 40 guests • Conference / Function suite for 160+ seated guests. • Commercial kitchen. Heated serving galley. Staff toilets and changing room. • 3 x double/twin bedrooms with en-suite facilities, • 7 x family bedrooms, with en-suite facilities, First Floor • Restaurant area for 120+ covers • 15 x double/twin bedrooms with en-suite facilities, External • Parking facilities for up to 40 vehicles • Formal gardens
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