Undisclosed location

Asking price
Turnover £533,000

Business overview

This business is no longer available

Property typefreehold
Net profit£98,000
Property Value£0
Staff yes
Years established21

Business description

This business is no longer available

We have owned the beautiful hotel for over 9 years and it has been established for in excess of 20 years. The hotel is beautifully furnished and we have spared little expense in continuing to improve the quality of the fixtures within the hotel. From the letting rooms with spa baths to the four poster beds and the luxury dining room, the hotel oozes class and a genuine feeling of quality ambience.

The letting rooms are immaculately finished. Some of the rooms offer spacious hot tubs or spa baths and all rooms have been designed and planned to ensure guests enjoy the ultimate in luxury experience.

The business has a solid business model which has proven successful. This includes high occupancy rates with increasing revenue year by year. Importantly when purchasing a business such as this, the actual net profits are pushing £100,000 per annum with huge room for adjustment and increasing. The balance sheet also offers over £100k in fixed assets over and above the freehold value.

We have taken a back seat from the sale including appointing a management team who are now responsible for the running of the hotel. There are currently 4 full time members of staff as well as 12 part time staff.

The potential for development and bottom line growth is vast. There is further scope to really push the restaurant side of the business in order to increase revenue and profit with relative ease.

The hotel has a tremendous reputation both in the UK and abroad, with clients returning year after year. The hotel currently holds a number of top ranking awards such as AA 5 Star, Enjoy England 5 Star, Trip Advisor Certificate of Excellence and the AA Breakfast Award.

As well as organic bookings, the hotel has terrific marketing capabilities through booking.com etc which offer continuous bookings. It also has it's own high class website. The sale price includes the freehold, all assets as well as the significant goodwill.

We are sincere and reluctance to sell but due to ill health the sale is the last option.

Our beautiful property is offers a number of different styles of guest accommodation.
This includes the expansive and well proportioned "house" style letting rooms as well as the more discreet and peaceful cottage rooms situated over the road from the main site.
The hotel has a total of 12 letting rooms all of which offer something different to the others. This varies from a hot tub and spa bathroom to a luxury four poster bed.

The hotel also offers a fantastic dining experience utilising its AA Rosette restaurant which is open to guests.

Within the hotel there are also an open morning lounges which offer relaxing space for guests to enjoy afternoon tea.

Contact seller

Asking price - £1,200,000 turnover - £533,000
Undisclosed location

Business overview
This business is no longer available

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