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12 Bedroom Hotel, Restaurant And Bar For Lease

Haverhill, Suffolk, UK
Asking Price:
£100,000
Turnover:
£200K - £500K
Net Profit:
Under £50K

This established town center hotel, restaurant, and bar in Haverhill, Suffolk is currently on the market. The property features a robust array of amenities, including twelve bedrooms that are all en-suite. Room configurations include two triple rooms, two twin rooms, and six doubles.

In addition to the hotel rooms, there is a currently operating restaurant with seating for up to 100 guests. Moreover, the venue boasts a bar and pub area with a capacity for 50 patrons. There is also a beer garden, making it an attractive location for social and corporate gatherings.

Adding to the convenience and desirability of the property is the car park with capacity for over 60 vehicles. The business, which has been successfully trading for over 200 years, benefits from an attractive and easily transferable lease. The lease, held by a limited company, remains in effect for a period of over 20 years and is an open lease.

Also two rooms managers flat. Also more than 50 car parks behind the hotel.


Just an hour drive from London and 25 mins from Central Cambridge.


The rent for this property stands at £45,000 per annum, with rates at £3,100. Interested parties would need to negotiate a leasehold price, with the asking price currently set at £125,000. The owner is open to negotiation for this well-established, free of tie leasehold. Accounting details are available for potential buyers' consideration. Like the long-established hotel, restaurant, and bar that it encompasses, the location offers a unique opportunity for continued lucrative trade or for a new endeavour in the heart of Haverhill, Suffolk.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Lease remaining 20 years extendable

Leasehold Rent:

£45,000 per annum

Living Accommodation:

Two bedrooms managers flat

Location:

Located in the high Street, in the main Junction.

Premises Details:

12 Bedroom hotel, 100 seated restaurants and 50 seated PUB.

Planning Consent:

C!, A3, A5

Energy Performance Rating:
C

Business Operation

Trading hours:

12 am to 12 PM Monday to Thursday
12 am to 1.30am Fryday, sat and sunday

Employees:
5
Years established:
1920