Buy a 30 Letting Room Hotel With Two Restaurants In Essex business for sale in Undisclosed on BusinessesForSale.com

  • Listing ID: 803800
  • (Seller ref: 1897)

30 Letting Room Hotel With Two Restaurants In Essex For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£2,500,000
Turnover:
£600,000
Net profit:
Available on request


30 Letting Room Hotel With Two Restaurants In Essex For Sale
Large imposing property standing on a substantial plot
Well established showing good return year on year
Close to local industry and mainline train to the city
£600,000 pa turnover at high gross margins
Our client is selling this hotel with another
Prime main road location
Early viewing essential
Huge growth potential
FREEHOLD


Property:
Freehold
Living accommodation:
A substantial 2 storey brick built hotel with 30 letting rooms and 2 restaurants set on a large plot. Briefly comprising: GROUND FLOOR - Main entrance leading to a reception area with desk & office and inner hall way with Ladies and Gents toilets Chinese restaurant with 50 plus covers (currently let) Full bar with glass fronted fridges, glass washer and glass storage shelving. Full commercial kitchen bespoke for the production of Chinese food Indian restaurant with 40 plus covers (currently let) Full bar with glass fronted fridges glass washer and glass storage shelving 6 letting rooms all are en-suite 1 x single 2 x double 2 x family 1 x twin FIRST FLOOR - Large landing leading to 24 letting rooms all are en-suite with television and tea and coffee facilities 13 x single rooms 5 x double rooms 5 x family/twin rooms 1 x twin room All rooms have a range of quality free standing furniture including wardrobes, side tables and desk. On the first floor is an open courtyard area with decking and planters. EXTERNAL - Large block paved area for parking to both the front and side aspect of the property. First floor open courtyard with decking and planters

For more information about this business for sale, click the Contact Seller button.


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