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AC153-Freehold Eighteen Bedroom Hotel

Asking Price: GBP 1600000
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Business Location: United Kingdom » Swansea » Swansea, West Wales 
Category: Leisure » Hotels & Holiday Accommodation
Description:
Freehold Eighteen Bedroom Hotel
West Wales

Ref.AC153
Location Swansea, West Wales
Asking Price £ 1,600,000
This beautifully located hotel sits in a one and a half acre site in a small valley surrounded by period houses and the local church.

Since its purchase the owners have completely refurbished the property with each of the eighteen bedrooms having its own colour scheme and en suite bathroom. A unique feature of the three executive suites is the inclusion of a Jacuzzi bath in the bedrooms.

The family chalets sit behind the main hotel and are ideal for people wanting a little more space for young children.

The fully landscaped gardens to the rear of the premises offer an area of peace and tranquility while the gardens to the front of the hotel are laid out with tables and benches where guests can enjoy a drink and a bar snack.

There is adequate parking for approximate thirty cars.

The whole hotel has been recently redecorated giving it a warm and inviting atmosphere for residents and non residents alike.

The Hotel is a free house and has been awarded an AA Rosette and prides itself on the level of cuisine. The fulltime chef, who will stay with the hotel, sources all produce locally and the restaurant has earned an enviable reputation in the locality and is now a popular local dining spot.
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
Reasons for selling:
Having spent five years building the business up to its present successful status the two directors have decided to retire.
Market competition and expansion:
The hotel has actively promoted its services, which has resulted in a balanced and consistent occupancy of circa sixty per cent. The business does have a website which is updated weekly with the latest offers and news of changes to the A La Carte Menu. It advertises through the local tourist boards and in a regional magazine which has a distribution of around one hundred thousand copies.
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