Hotels and Motels for sale in Bingley

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Beautifully Presented Hotel In Victorian Building - Offers over £750,000

Bingley, West Yorkshire, England

  • Freehold Price: £750,000  Price Reduced arrow_drop_down
  • Turnover: £125,400
  • Gross Profit: £66,424
Seller Reference: B04234
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B04234
Request Details
Business Description
Business
Please quote reference B04234

The business hosts many different events such as:

• Receptions

• Functions

• Meetings

• Anniversary parties

• Wedding parties

The restaurant is presented to a very high standard and is equipped with very high-quality furniture and decoration.

The building is a former Victorian stone house and is equipped with:

• Gas central heating

• UVPC double glazed windows

• 3 independent boilers

• Quality carpets

• Expensive curtains

Colour coordinated bedrooms include:

• Solid bedroom furniture

• Dressing tables

• Desks

• Chairs

• Bathrooms and shower rooms are fully tiled

Electrics and services are fully compliant with all regulations, excellent décor, in all the bedrooms and are large and spacious.

The business has an excellent website in place, the website has a lot of information including:

• Hotel information

• Restaurant menus and prices

• Links to local areas of interest

• Information on booking rooms and events

• Photos of the building and rooms

www.five-rise-locks.co.uk.

The business is currently being ran at a pace to suit as our clients gear up to retire. We therefore, feel the turnover could be expanded with promotion of evening dinners and lunches and extension of opening hours of restaurant.

Obtaining of civil licence for weddings would also be very beneficial and converting rooms and owner accommodation to provide extra guest bedrooms is a possibility.

This is an excellent opportunity for a new owner to take this long established and thriving business to the next level therefore early viewing must come highly recommended.

Location
Five Rise Locks Hotel is located in Bingley, West Yorkshire.

This family-run business is tucked away in a residential area but is still within easy distance of Leeds, Bradford, Bronte Country & the Yorkshire Dales.

The hotel is situated high up in Bingley looking out over the beautiful valley.

The business is ideally located close to the town centre only approximately a 15-minutes’ walk away and around the same distance from Bingley train station.

The area of Bingley has many places of interest including:

• National Media Museum

• Alhambra Theatre

• Little Germany

• Bronte birthplace at Thornton

• Harrogate

• Haworth and Bronte Country

• Worth Valley Railway where the famous Railway Children was filmed

• Leeds

• Saltaire World Heritage Site

• Salts Mill Saltaire

• Skipton and the Dales

• Bolton Abbey

• The Five Rise Locks

• RHS Garden Harlow Carr

• East Riddlesden Hall National Trust

• Eureka Children’s Museum

• The Yorkshire Dales

• Embsay Steam Railway

• Bradford Museums and Galleries

• Baildon Moor

• Shipley Glen and Ilkley Moor

Bingley is a market town in the metropolitan borough of the City of Bradford, in West Yorkshire.

It is situated on the River Aire and the Leeds and Liverpool Canal.

The town has a population of approximately 22,500.

Local travel links include Bingley railway station in the town centre and Leeds Bradford International Airport, which is located 10 miles from the city centre.

The B6265 (Main Street), connecting Bingley to Keighley, runs through the town centre.

Premises
Large Detached Victorian Stone Building.

Ground floor

• Lovely spacious entrance hall leading to reception/office

• Quality wooden floor

• Gents & ladies toilets facilities

• Dining room with covers for up to 60

• Dining room is capable of being partitioned to provide facilities for meetings and conferences.

• Often used for meetings, conferences and receptions including wedding and funeral parties.

• Excellent well fitted bar with ample seating including couches and easy chairs.

• Large fully fitted and compliant commercial kitchen.

• New solid floor

• Tiled walls

• Stainless steel work tops and tables

• Fully equipped dish washing area with fitted commercial dishwasher

• Utility and laundry room

Bedroom 8 – lovely large double with en suite shower room.

Bedroom 9 – lovely large double with en suite shower room.

Access to owner’s accommodation comprising a fitted kitchen and private lounge on this floor.

Private front door entrance.

First floor

Spacious wide staircase leading to:

Bedroom 1 twin with en suite bath/ shower over

Bedroom 2 twin/double with en suite shower room

Bedroom 3 4 poster bed with en suite bath/shower over

Bedroom 4 single with en suite shower room

Bedroom 5 double with en suite shower room

Bedroom 6 double with en suite shower room

Second floor

Bedroom 7 double with en suite bath and shower cubicle.

Owners accommodation

Includes

• Lounge

• Kitchen

• 2 x bathrooms

• 4 x bedrooms

Note the owner’s accommodation is self-contained with access from behind reception or from private front entrance.

It could easily be converted into letting rooms.

Equipment:

• Beds

• Bedroom furniture

• Tables

• Chairs

• Sofas

• Fridges

• Freezers

• Microwaves

• Cookers

• Dishwasher

• Kitchen equipment

External

• Lovely mature gardens and grounds with lawns

• Bushes, flower beds

• Garden furniture

• Sun terrace with tables and chairs

• Large car park

Tenure
We are advised Freehold.

Hours
Hotel: 24 hours a day, 7 days a week.

Restaurant:

Monday – Saturday 6:30 pm till 9:15 pm

Sunday – Closed

The business also offers to open at lunchtime for tables over 6.

Staff
The business is owner run and managed with the assistance of 2 part time cleaners and 1 chef.

Financial Profile
The business generates a turnover in the region of £125,000 per annum, with a gross profit of approximately £66,000.

Please quote reference B04234

 

 

Tenure:
Freehold
Listed by:
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