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Well Established City Centre Hotel In Manchester For Sale

Manchester, Greater Manchester, UK
Asking Price:
£84,999 Furniture / Fixtures included
Turnover:
£410,000
Net Profit:
Available on request

Well established well known Hotel close to Manchester city centre and the train station, offering 10 guest rooms, a mixture of triple, single and double rooms some with on suite or shared toilet and bathroom facilities.

The current landlords are prepared to offer a long term option for the right people, the hotel is centrally located to capture, overnight guests, and people wanting short or long weekend breaks whilst the potential to capture midweek bookings is also high due to the hotels proximity to the city centre train stations.

The hotel has its own kitchen and bar facilities combined with full alcohol licence, so there are various options, and facilities for any potential client to offer a full food and drinks menu as part of the business, and of course it would be up to the new owner to do as they wish in terms of food, drink, suppliers, along with live music and so on.

Property Information

Property:

Leasehold

Lease Terms:

Leasehold with an annual rental of £84,999.
Turnover: £350,000 per annum (wet sales)
Turnover: £60,000 per annum (dry sales)
Rateable Value: £14,000, Business Rates £4,606 per annum.

Leasehold Rent:

£84,999 per annum

Location:

Manchester City Centre

Premises Details:

Well established Hotel close to Manchester city centre offering 10 guest rooms. A mixture of triple, single and double rooms some with on suite or shared toilet and bathroom facilities.
The hotel has its own kitchen and bar facilities combined with full alcohol licence.

Energy Performance Rating:
E  View EPC Graph for this property

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