34 En-suite Bedroom Hotel in Bridlington East Yorkshire
Price:
Freehold - £499,950
Location:
East Yorkshire, Bridlington
Business Type:
Food Service Businesses, Hotels, Pubs
Preferred Commercial is delighted to offer for sale this 34 en-suite bedroom hotel ideally located close to the seafront in Bridlington. Established in 1950, the hotel has been in our client's careful hands since 1972 and is only now being placed on the market due to retirement. The Balmoral Hotel operates all year round and generates a turnover in the region of £420,000 per annum. The hotel boasts a 80 cover guest dining room and a 44 cover restaurant, which serves a 5 course evening meal and is open to non-residents. There is also a separate function room which can cater for approximately 60 persons with its own bar, dance floor and sound and lighting equipment. We are advised that the function room is underutilised and a new owner could introduce entertainment or promote the room for private parties. Included in the sale is a modern minibus, which is used to collect small parties and could be used to offer local excursions. The hotel also offers mobility scooter hire to residents. The Balmoral Hotel boasts an enviable reputation with many repeat customers and benefits from regular coach party bookings. We feel this represents an ideal opportunity to acquire a well-respected and established hotel, with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
The Balmoral Hotel is ideally located just metres from the seafront at Bridlington, East Riding of Yorkshire. The hotel boasts on-street parking opposite and is adjacent to Leisure World indoor leisure and health complex. Situated in the heart of Bridlington, the hotel boasts easy access to all the local amenities, shops and attractions. The town centre and local railway station are within walking distance. Bridlington is a popular resort, situated on the North Sea coast, 17 miles to the south of Scarborough and 40 miles east of York. The area boasts excellent road access with the A614 leading to York and the A615 to Scarborough and Hull to the South.
Substantial 5 storey hotel ideally located close to the seafront and town centre, offering 34 en-suite letting rooms and 1-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Reception area with lift
• Guest dining room for 80 covers
• Restaurant for 44 covers and bar servery
• WCs
• TV room
• Function room for 60 persons,
Lower Ground Floor
• Commercial kitchen
• Dry storage area
• Wash up area
• Laundry
• Still room
• Small office
• Manager's accommodation comprising double bedroom with en-suite facilities, kitchenette and lounge
Guest Accommodation
34 rooms set over 3 floors with lift to each floor, all have en-suite facilities
• 14 x double rooms
• 9 x twin rooms
• 8 x family/twin rooms
• 3 x single rooms
North Yorkshire
£ 750,000
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