Well established Hotel and Wedding Venue business for sale

  • Price: £1,595,000
  • Annual Turnover: £335,751
Derbyshire, England, England
Seller Ref:B07642
For Sale

Well established Hotel and Wedding Venue business for sale

Derbyshire, England, England
Seller Ref:B07642
  • Price: £1,595,000
  • Annual Turnover: £335,751

Overview

Seller Ref: B07642

Description

Business
Please quote reference B07642


CoGoGo are delighted to welcome to the market a highly rated hotel and weddings business in Derbyshire.


The business was originally established over 35 years ago, with our clients taking over ownership in 2017. Since then the owners have fully refurbished and maintained the property to a very high standard. They have worked hard to secure excellent online ratings and reviews, making the business extremely popular and with a regular customer base.


The owners are now looking to retire.


This family owned hotel sits on a 3 acre plot surrounded by stunning countryside. It has a rural location but benefits from close proximity to all main transport links and popular tourist attractions. All of which generate regular income for the business.


The hotel comprises of 12 ensuite bedrooms (includes one with wheelchair access) and a Bridal Suite. These are split over the Hotel and the Annex. Rooms are actively marketed on their own website, Booking.com and Expedia.


In the main hotel there is a lobby area, toilets, Reception area, 20 cover dining room, fully licensed bar with seating, function room and a commercial kitchen.


It is a very popular exclusive event venue especially for weddings. It benefits from a separate Ceremony Room as well as holding a licence to host ceremonies outside.


The function room is also a very flexible space which is also ideal for corporate events.


Included in the sale is a separate 3 bedroom cottage which is an ideal living quarters for the owners or managers.


Key selling points –

  • Over £100,000 recently invested in complete refurbishment
  • Excellent reviews on social media including Google, Booking.com & TripAdvisor
  • Separate living accommodation included which maximises rental opportunities and provides private space away from the business whilst remaining on site
  • Rural location surrounded by stunning countryside views
  • Location is close to all main transport links as well as popular visitors attractions
  • Perfect example of a turnkey business
  • Owners willing to provide a negotiable handover period
  • Excellent scope to develop numerous other strands of income with minimal outlay

Location
The business is located in Derbyshire.

Premises
Main Hotel – Ground Floor

  • Entrance hallway/lobby
  • Toilets
  • Reception area
  • 20 cover dining room
  • Commercial kitchen
  • Bar & seating
  • Function room (capacity 80 seated & 170 evening)
  • Wheel chair accessible ensuite bedroom
  • 2 ensuite bedrooms


First Floor

  • 6 x ensuite bedrooms
  • 1 x Bridal suite


Annex

  • 3 Family ensuite bedrooms
  • 1 Ceremony Room


External –

  • Established well maintained gardens with seating areas
  • Field
  • Out building
  • Double garage
  • 3 car parks

Tenure
We are advised that this opportunity is being sold on a Freehold basis.

Hours
We are advised that this business operates all year round but is not open on a Monday out of choice.

Staff
We are advised that the business has 8 members of staff with extra seasonal workers when required.

Financial Profile
Further financials can be made available upon request.

Is this business relocatable:
No
Is stock included:
NA

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