Imposing Detached 12 Bed En Suite Hotel Restaurant For Sale

Business description

IMPOSING DETACHED 12 BED EN-SUITE HOTEL AND RESTAURANT - SOUTH CUMBRIA
Situated on the edge of the Lake District National Park
Early viewing is absolutely essential to fully appreciate
Huge potential for growth and development (STPP)
All fixtures, fittings and hotel furnishings included
Set within one care of its own beautiful grounds
Excellent year round trade and repeat business
Restaurant and superb separate function room
Outstanding reputation for quality and service
Turnover £300,000 with gross profits of 78%
Beautiful owners' accommodation
Bar and two Bar Lounges
Extensive private parking
FREEHOLD



The Business

Meridian Business Sales are delighted to offer to the market this elegant and imposing hotel that has been established since 1986 and has been in our clients' careful ownership for the past 4 years.

After years of hard work, building up a superb reputation and increasing the profitability of the hotel dramatically, our clients now have the opportunity to diversify into other business areas and as such the hotel is reluctantly being offered to the market.

Additionally, it has been a real labour of love for them to restore and renovate the building which now includes 12 en-suite bedrooms, a restaurant, a function room and magnificent bar and lounge areas.

Turnover has increased year on year to a now very healthy level of circa. £300,000 per annum with a gross profit margin of around 78%.

Benefiting from a superb website and being recommended by numerous travel organizations, the hotel enjoys healthy levels of trade all year round catering for tourists and business people alike.

The bar and lounge areas, which include a dance floor, along with the beautifully appointed restaurant and function room all with superb character and features, means the hotel is flexible enough to cater for a whole manner of functions, including weddings and birthday parties to name but a few.

The private living accommodation includes a kitchen diner, lounge bedroom and bathroom. Until recently the owners accommodation included a second bedroom and bathroom, currently being utilised as guest accommodation. If required this space could be easily re-incorporated into the owner's accommodation.

The hotel grounds include a patio area with seating and lawned garden at the front of the hotel, plus 25 parking bays.

There is a superb amount of potential to be capitalised on, building on the reputation so far and further developing the premises itself through extension, or financial turnover by developing under exploited aspects of the business, such as the restaurant. The current owners have offered support and advice to the future owners should it be required.

The business represents excellent value for money, as a hotel and as a potential re-development opportunity. Early viewing is essential to appreciate the full potential of this business opportunity.


Additional Information
There is a 1/3 of an acre of land attached to the back of the hotel that is available by separate negotiation.

Property information

Property:

Freehold

Living accommodation:

Accommodation Key Customer Facilities: Private, on site parking En-suite bathrooms with bath and shower Direct dial telephones Wi-Fi Access Television, digibox DVD in every room Compliments tray Laundry facilities Hairdryer, iron and board on request Room Service Travel Cots Family Rooms Fire and Smoke Alarms Deaf fire warning device First Floor 7 beautifully appointed guest rooms, comprising: - 1 Family Room - 5 Double Rooms - 1 Twin Private Accommodation The owner's accommodation includes a kitchen diner, bathroom, lounge overlooking the hotel grounds and bedroom. Second Floor 5 Guest Bedrooms comprising: - 1 Family Room, sleeping up to 4 - 4 Double Rooms Linen Strore Fully stocked linen store, with loft access. All hotel linen and cleaning accessories to be included within the sale. Loft The building has a substantial loft area for storage purposes.

Location:

The Hotel is set in its own private grounds in a leafy Victorian era suburb in the coastal town of Barrow in Furness, South Cumbria, on the edge of the beautiful Lake District National Park.

Whilst set in its own beautiful grounds, the hotel also enjoys being in a position only 5 minutes from the centre of the town. It is ideally situated for the tourist trade and additionally provides for the discerning business person visiting the numerous industries in and around the area.

Take junction 36 North or South bound on the M6 motorway, then follow signs for Barrow in Furness. If travelling from the West Coast follow the A595 toward Askam in Furness and signs for Barrow thereafter.

As well as being a superb base from which to travel to the beautiful Lake District National Park there are also many local attractions for the visitor to enjoy. Barrow in Furness boasts 4 nationally protected beach areas, including 'Sandscale Haws', famed for it's rare flora and fauna, as well as Furness Abbey, a 700 year old Cistercian Abbey, only ten minutes walk from the hotel.

The world famous Laurel and Hardy Museum is situated a short drive away in Ulverston as is the South Lakes Wild Animal Park, Grizedale Forest and The Aquarium of the Lakes.

To conclude, the hotel is not only beautifully situated to take advantage of trade in and around the local area, but also ideally placed for the proud new owners to take advantage of what would truly be a fantastic lifestyle opportunity.