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Succesful Central York Hotel For Sale

York, North Yorkshire
Asking Price:
£900,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Due to retirement a rare opportunity to purchase this very successful 17 bedroom hotel with a 50 seater restaurant and bar. Set in this sought after location only a few minutes walk from York City Centre. The property is presented to a high standard throughout and benefits from gas central heating and comprises; hallway, reception, guest lounge, large dining room with 50 covers (huge potential for restaurant growth), large fully equipped kitchen with store room and coolers, licenced bar plus beer cellar, gents and ladies toilets, office, 17 en-suite letting bedrooms which are either within the main body of the hotel or adjoining annexe to the rear. Attractive courtyard and garden to rear. Parking for up to 15 cars. PRICED TO SELL. An internal viewing is recommended.

Property information

Property:

Freehold

Living Accommodation:

Current owners have managers running the hotel and live off site. Lots of scope for spacious owners accommodation within existing property.

Location:

Prime location on Main Street into York City Centre

Premises Details:

Large period properties with modern accommodation wing to rear

Size in square feet:
8,000

Business Operation

Reasons for selling:

Owners are retiring from business. Owners used to run a successful restaurant within these premises that was open to the public along with events ie weddings. Over last 10 years although still a very profitable business owners decided as a 'lifestyle choice' to reduce there working hours and just to use restaurant for guests and not carry out functions. given its location and own bar huge potential for growth on restaurant and functions.

Years established:
40

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