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Well Presented 19 Letting Room Hotel for Sale

North Yorkshire

Freehold : £ 375,995
Turnover : £ 1,442 p.w.

The business is located on a main through road in the town of Redcar which is in Cleveland, North Yorkshire. It is surrounded by numerous complementary businesses, residential properties, public transport etc which attracts people to the area. Redcar is popular with tourists who visit the many leisure facilities and attractions such as ZetlandLifeboatMuseum, KirkleathamMuseum, WiltonCastle and Saltburn Pier which are all close to the town. The nearby towns include Saltburn-by-the-Sea, Brotton and Eston which are all a short drive from the town of Redcar. The town is easily reached through the A66 leading to the A174 giving easy access to tourists and visitors.



WELL PRESENTED 19 LETTING ROOM HOTEL - NORTH YORKSHIRE
Recently refurbished at a cost of £100,000
Genuine reason for sale due to retirement
Early viewing essential to fully appreciate
Situated in the desirable town of Redcar
1 bedroom owners' accommodation
Advised annual turnover of £75,000
Scope for further development
Currently run at a pace to suit
Ideal partnership opportunity
5* Food hygiene rating
FREEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this exceptional hotel which was established 30 years ago and has been in the careful hands of our client since 2007. Our client is reluctantly offering the business to the market due to a desire to take a well deserved retirement. Since our clients took ownership of the business they have run the hotel at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £75,000 which is derived from offering 19 well presented letting rooms as well as a quality and varied breakfast to all who wish to visit. The hotel is extremely popular due to its' and its forward bookings run well into 2015. Our clients have recently carried out a refurbishment, at a cost of £100,000 with a 'no expense spared' approach installing a new roof, central heating system, double glazing and a fully fitted kitchen. This is superb opportunity to purchase a well established business, and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Trades all year round
 
Accommodation: Prominent well signed corner property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:
Reception/welcoming area

Dining room with ample dining tables and chairs for 20 covers

Fully fitted kitchen
Toilet facilities

Owners' Accommodation
Lounge
Bedroom with en-suite

Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite

FIRST FLOOR
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite
Guest bedroom - Single/double/twin with en-suite

EXTERNAL
Garden/patio area with barbeque and seating
Parking facilities
 
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75 Advert ID 44519    Sellers Ref : 3768/BSOL

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