Sovereign Business Transfer are delighted to market this extremely rare freehold and highly profitable and unique management run, 3 star Hotel, bar (freehouse) and restaurant, which is conveniently situated in South Yorkshire close to the M1.
The current owner has built this business to be the success it is today, boasting a net turnover of over £800,000.
For over twenty years the present owner has developed a number of revenue streams in the business, the 42 bedroomed hotel currently runs at over 90% capacity with a large number of longer stay and repeat customers. It also accommodates a very successful Wedding and Events trade which brings in local customers beneficial to both the restaurant and bar areas.
The restaurant and bar have become very popular in their own right, home to a number of its own sports teams, the bar attracts local clientele who also enjoy varying entertainment throughout the week and an excellent menu choice from the restaurant, including the very popular Roast diners.
Along with the large building footprint the hotel also benefits from a large car park which accommodates over 50 vehicles.
The building has two bars, one large function room, licensed for 220 with its own separate bar, two good sized kitchens, a smaller function room used for breakfasts and meetings and an attractive, enclosed outside area with seating for around 50 people.
This business is very unique due to the importance that has been placed on energy efficiency. A lot of time and money has been invested into creating a building that has an astonishing B rating for energy performance. Along with numerous other energy saving features, the property has a 130kw ETA Biomass boiler that provides heating and hot water to the whole building. Furthermore, the boiler attracts additional revenue from the Government’s Renewable Heat Incentive scheme. The only requirement for natural gas is for cooking. This building really has been developed with the future in mind
The business is run completely by staff, many of which have been employed for a number of years, all the bars use ‘Idraught’ software for complete control of stock and wastage and also ‘Welcome anywhere’ software for hotel bookings. The hotel is also featured on all the usual booking sites.
Due to the efficiency and profitability we truly do not expect this business to be on the market for long.
Business ID: 2920
Annual Net Turnover Circa £800,000 (Under Management)
State Of The Art Energy Efficiency Programme Implemented
Steady 90% Occupancy Levels
42 Bedroom Hotel with Vast Scope For Further Development
Prime High Visibility Road Position With Ample Secure Parking
Viewing Highly Recommended
