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50-Bedroom Hotel in North West Of England

Price:
Freehold - £2,300,000
Turnover:
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Seller Ref:
2833
Location:

Lancashire

Business Type:

Food Service Businesses, Hotels, Pubs

See Other:
Restaurants for sale in Lancashire
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Hotels and motels for sale in Lancashire
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Food service businesses for sale in Lancashire
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Hotels for sale in Lancashire
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this 50-bedroom hotel, which was established by our clients in 1998 and which is only now offered to the market due to our clients' wish to retire. The business trades all year round and generates a turnover in the region of £800,000 per annum with a gross profit of 75%. The hotel offers 50 letting rooms, quality home cooked food, real ales, fine wines and spirits, along with extensive function facilities. We feel the turnover could be further increased by embarking on a modest marketing campaign to generate more trade out of high season. The hotel has an excellent reputation and is renowned for its high quality accommodation and friendly service. There is a website in place advertising the business with online booking facilities. The premises are well-equipped to suit the trade and boast an indoor swimming pool and a gymnasium. The property has been finished to a high standard and well-maintained throughout. There is also spacious 1-bedroom managers' flat with lounge, kitchen and bathroom. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
This hotel occupies substantial 3-storey premises, ideally located in a sought-after coastal area in the North West of England. The premises benefit from a prominent trading position, with ample on-street and private parking. There is a wealth of complementary shops, businesses and residential properties in this very affluent area. The public transport links are excellent, with many bus routes and a railway station. The premises boast easy access to the A-road and motorway networks.
Trading Hours:
All year round
Accommodation:
Substantial 3-storey detached hotel premises with 50-letting rooms. Briefly comprising: Ground Floor • Reception area • Lounge area with tables and chairs for up to 40 • Conservatory lounge with sofas and chairs for up to 30 guests • Large restaurant with tables and chairs for up to 180 covers, dance floor, bar servery with 10 points of dispense, 20 x optic displays, 3 x double drinks chillers, electronic cash registers and glass washer • Ladies and gents WCs with wash hand basins • Commercial kitchen with stainless steel preparation areas, 2 x commercial combi ovens, 8-burner gas hob and double oven, 2 x large refrigerators, 2 x chest freezers, double sink unit and wash hand basin • Indoor swimming pool, whirlpool hot tub and loungers • Ladies and gents changing facilities with showers, WCs with wash hand basins • Gymnasium with 3 x treadmills, 3 x exercise bikes, 2 x rowing machines and weights Letting Accommodation • 50 x letting rooms split over first and second
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