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8572CV WEST MIDLANDS F\H£1200000 HOTEL & RESTAURANT
Asking Price:
GBP 1200000
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Business Location:
United Kingdom » Birmingham » WEST MIDLANDS
Category:
Leisure
»
Hotels & Holiday Accommodation
Description:
THE BUSINESS
Advent Business Sales have been instructed
to offer for sale extremely well established
freehold hotel with exceptionally high
occupancy levels.
Originally established as a bed and breakfast
approximately 20 years ago, it was
purchased by our vendor in 2000 and since
then he has transformed it into the
magnificent premises it is now.
The business is only now being offered for
sale to enable our vendor to pursue his
considerable other business commitments.
The hotel is on a very sought after location
and is often fully booked, due in part to
internet bookings and repeat custom.
The hotel has 16 en-suite letting rooms,
arranged over 2 floors and all with
televisions, telephone, tea and coffee
facilities, hair dryers and wire less internet.
Room rates are from £45 for a single, £55 for
twin and £65 for a triple.
There is also an excellent 38 cover
conservatory restaurant which caters for
breakfasts, lunches and evening meals. An
additional 32 can be accommodated in the
bar area on busy nights.
The restaurant has regular themed evenings
such as fish and steak nights.
The bar area has a real log fire which gives
the whole area a very cosy feel.
For sporting events the bar also has a large
plasma TV screen.
The extensive commercial kitchen is very well
presented and includes:
Dish wash machine
Ice cream fridge
Walk in freezer & fridge
3 commercial microwaves
Fish chiller
Upright 6 drawer fridge
Coffee perculator
Water boiler
2 deep fat fryers
Potato/veg tumbler
Steam combi oven
Toaster
Grill
Double chip fryer
Grill
6 ring gas cooker with oven under
hot draw servery
single bain marie with 2 servery
Outside is an excellent beer garden which is
ideal for a marquee for weddings. There are
10 garden benches dotted around the garden,
by which is an excellent smoking area which
is fully heated and has 2 leather comfortable
sofas.
There are approximately 20 car park spaces
to the front of the hotel and there is staff
parking to the rear.
Included in the sale is a 4 bedroom detached
house situated a few houses down from the
hotel itself, which is used for staff
accommodation only.
This outstanding hotel achieves an excellent
weekly turnover of approximately £7,000
and there is still scope to increase it further
with development of the site.
OPENING HOURS
Mon – Sun: 6.00am – 12.00 midnight
TENURE: Freehold
We are advised that the annual business
rates are currently: TBC
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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:
Year Established:
2000
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
No of trading hours:
Mon – Sun: 6.00am – 12.00 midnight
Reasons for selling:
The business is only now being offered for sale to enable our vendor to pursue his considerable other business commitments.
Contact Seller Now
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