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17 Bedroom Hotel With Function Rooms For Sale

Liskeard, Cornwall, UK
Asking Price:
£799,000
Turnover:
Available on request
Net Profit:
Available on request

A substantial 17 en-suite bedroom hotel, located in Liskeard, Cornwall which is ideal for reaching all parts of Cornwall and with beautiful coast and beaches only minutes’ drive away. The property benefits from a very large function room for approx. 200 people, commercial kitchens, meeting rooms, licensed bar / lounge, dining room, one bedroom owner’s accommodation and a large car park for approx. 40/50 vehicles. This successfully owner operated business is placed on to the open market because of retirement and a full hand over will be offered to ensure its smooth transition and continued success. Early viewings are highly recommended.

Location

The property is in the ever-popular market town of Liskeard, Cornwall and a short distance from the town centre. The location is ideal to take advantage of all corners of Cornwall and a 30min drive to the City of Plymouth with access to the A38 motorway. Nearby are bus and mainline train stations which connect to London Paddington and only a short drive away are the beautiful coastal towns of Looe, Polperro, Mavagissey and close by is the ‘Eden Project’

Business

The hotel has been successfully owner operated for many years with a brigade of staff when required. With 17 en-suite bedrooms and such fantastic function rooms, which can cater for both small and large groups of up to 200 people, this has proved to be an invaluable asset in driving the business forward. To the rear is a substantial car park which is the envy of most hoteliers and we, the agents, feel there could even be a possible smaller development opportunity here. The trade is all year round but the bulk of the income comes from 8/9 months per year. Actual trading income figures will be made available following a successful formal viewing.

Accommodation

Entrance over a wide car park to front in through large double doors to:

Reception foyer

5.59m x 3.63m

A large bright and welcoming space with a bespoke reception counter and administrative area behind this.

Door to:

Inner hallway

A spacious area with impressive turning sweeping staircase to upper floors and doors to:

Function room 1

9.86m x 3.83m

A large room which is used for meetings, functions or even as an additional lounge if required.

Bar / lounge

9.23m x 5.38m

A large room with an ornate bespoke bar which is comprehensively equipped and a lovely seating area with both fixed and individual comfortable seating for approx. 50/60 customers.

Dining room

13.82m x 5.36m

A large dining room with many tables and chairs for approx. 60 covers and several large windows to side.

Function room 2

18.36m x 8.95m

A stunning large space which is used for function events, weddings, dinner and dances to name a few possibilities. The floor is commercial grade wood and in the ceiling are several chandeliers and a sound system. There are many large windows to front creating a bright and airy feel.

Bar

11.49m x 3.84m

To one side is a large bar area with an extensive servery counter and to the rear are refrigeration units, sink and drainer and a door to:

Drinks room

A locked room which is ideally situated just off the bar which is used for the storage of alcohol.

Kitchen

10.30m x 8.85m

A large kitchen space which has been extensively equipped with the latest ovens, hobs, grills, refrigeration and a separate area for a through-put commercial dishwasher and storage.

Staff changing / wc

Store 1

3.75m x 1.36m

Store 2

3.95m x 3.58m

Keg room

5.69m x 2.73m

Door to rear and staircase to owner’s accommodation on 1st floor.

1st Floor

Function room 3

5.51m x 4.52m

A lovely room on the 1st floor for meetings but would also be ideal as additional 2 letting rooms or a self-contained apartment.

Letting accommodation

All rooms have recently been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV’s, complimentary beverage facilities, bedside tables, chest of drawers and wardrobe facilities.

All the letting bedrooms are on the 1st floor and all are en-suite.

The room types are as follows.

11 x Double bedrooms.

4 x Family bedroom with a double and single.

1 x Single bedroom.

1 x Family bedroom with double and bunk beds.

Owners accommodation
On the 1st floor there is a one-bedroom apartment with a double room, lounge, kitchenette and separate bathroom. This can be accessed either via the hotel or independently from the rear of the premises. However, should there be a need for larger owner’s accommodation, this could easily be extended by taking one or two letting rooms or converting the function room 3, on the 1st floor.

Outside

Parking

To the front of the hotel is a wide area for both parking and drop off. Whilst to the rear is an additional substantial car park for approx. 40/50 vehicles.

Beer garden

To the rear is a grass enclosed area with tables and chairs for the guests.

Also, there is a smaller grassed area for the staff and access for deliveries.

Fixtures and fittings

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

Services

Main’s gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

Business rates

Please make enquiries on the local valuation website (VOA)
Tenure

Freehold

Viewings

All viewings and enquiries are to be made through the agents, Ware Commercial.

Property Information

Property:

Freehold

Contact Ware Commercial

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