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AC209 -Freehold Private Two Star Hotel
Asking Price:
GBP 1250000
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Business Location:
United Kingdom » Plymouth » Plymouth
Category:
Leisure
»
Hotels & Holiday Accommodation
Description:
Freehold Private Two Star Hotel
Ref.AC209
Location Plymouth
Asking Price £ 1,250,000
This hotel is located within a few minutes walk of the city center and within easy reach of Plymouth Hoe. The imposing Grade Two listed building is over two hundred years old and the character and feel that you would expect from a hotel of this age and standing.
Over recent years the building and rooms have been subject to substantial renovation and the purchaser will be acquiring a business requiring little further attention. Every one of the twenty-one bedrooms has been fully redecorated and benefits from an en suite bathroom, coffee and tea making facilities and a flat screen colour television.
Guests and non-residents can enjoy a drink in the atmospheric oak paneled bar prior to dining in the restaurant that can cater for circa seventy covers at any one time. The hotel is a free house and has no ties to any suppliers.
Key to the catering success has been the extensive refit of the kitchen. A state of the art extraction system complements new cooking ranges, fridges and preparation areas and creates a comfortable working environment for the chef.
Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
N.A.
Year Established:
2000
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
Number of Employees
:
One manager Associated staff as required
Reasons for selling:
The owners have decided to retire.
Market competition and expansion:
The hotel does have a web site.
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