12 bedroom guest house for sale

Tenure: Freehold

EXCEPTIONAL FREEHOLD HOTEL WITH LUXURY LIVING ACCOMMODATION
12 total bedrooms including the private owners living accommodation
Situated in the beautiful Royal Forest of Dean
Advised turnover £70,000 with good returns
Solid trading history since the early 1960s
Sale price includes all fixtures and fittings
Exceptionally well presented throughout
Open country side views at every angle
Luxury private living accommodation
Ideal husband and wife opportunity
Dating back to the 17th century
FREEHOLD


Location
This beautiful freehold hotel is situated in the highly desirable area of Coleford, which is in the Royal Forest of Dean, Gloucestershire. The property is a charming Georgian country house dating back to the 17th century with beautiful open countryside views at every angle and offers a truly desirable country lifestyle. The Royal Forest of Dean has an ancient history dating back to the Iron Age and the Roman Times. After the Norman Conquest it became a royal hunting forest between the River Seven and a Wye Valley on the border of Wales. The whole area offers a wide range of outdoor activities and attractions. The hotel is ideally placed to experience the countryside whilst giving very easy access to a large range of neighbouring villages, towns and cities including Ross on Wye (12 miles), Newant (15 miles), Gloucester (21 miles) and Hereford (25 miles). The hotel also benefits from being very easily accessed via the motorway with the M50 being 14 miles away plus the M4 and M5 both being less than 19 miles away which makes visiting and commuting very easy. This is a beautiful and highly desirable location which offers a very desirable country lifestyle.


Business History
Meridian Business Sales are delighted to offer for sale this exceptional freehold hotel which has a proud history dating back to the 1960s. Since 1993 the business has been run and managed by our clients who are only now placing it onto the market due to their strong desires for semi-retirement. The business which is run and managed by our clients achieves a very respectful advised annual turnover of £70,000 per annum. This is derived from offering a very high level of guest accommodation coupled with a restaurant style food service and a free of tie alcohol bar. The business has always enjoyed excellent levels of repeat trade with many of its visitors frequently coming back year after year. The hotel also sees a good amount of new visitors from word of mouth recommendations, for the highly visible trading location and the businesses exceptionally good Internet website advertising. Our clients have gone to considerable expense and effort on the properties presentation and are very generously including all fixtures and fittings in the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. This is without question a beautiful historic hotel which is situated in one of the UK’s most desirable countryside areas. We feel that this opportunity offers a new owner a wonderful lifestyle change opportunity and would ideally suit a family or a husband and wife partnership. Meridian Business Sales would like to urge early viewing as opportunities in this area and of this quality rarely stay on the market for long.


Financial Profile
Turnover: £70,000pa
Gross profit: 95%
Stock approximately: £2,500


Tenure
We are advised freehold


Opening Hours
Trades all year round


Accommodation
Beautifully presented four storey property comprising of 12 en-suite bedrooms including the private owners living accommodation and large external grounds with secure parking garden areas and secluded owner gardens.

ADDITIONAL FLOOR - The basement cellar, large area with good storage space

GROUND FLOOR - Grand front secure entrance and reception porch with secure front entrance leading to a large welcoming reception area with stairs access, reception desk with payment system and paperwork storage.

Guest lounge with beautiful feature fireplace, front bay window plus a fitted bar with pumps and rear spirit display.

The guest dining room is open plan with 20-25 covers, well spaced tables and chairs, beautiful feature fireplace and front bay window.

From reception corridor is male and female toilets and visitor information area with a leaflet and attraction literature.

Commercial stainless steel kitchen briefly comprising of 12 hob cooker, grill, wash basin, several stainless steel worktops and central stainless steel work island, fridges, freezers, commercial microwaves, storage, shelving plus storage cupboard and external access from kitchen.

Large utility room with washing machine space, storage space, hanging drying area, office area with Internet access also glass and plate storage racking. Additional utility area with fridge and freezer storage.

Private accommodation access door also there is an additional private accommodation entrance from secluded garden. Corridor access to: Bedroom 1 - Large double. Bathroom with toilet, shower and wash basin. Corridor storage cupboard.

Fully fitted kitchen with worktops, wash basin, cupboards, drawers and display shelving. Open plan living room area with dining space and patio doors to large private garden. Stairs accessed from front reception leading to first floor.

FIRST FLOOR - Grand reception corridor with seating lounging area.

Bedroom 2 – Double, en-suite toilet, bath & wash basin (current owner’s accommodation).
Bedroom 3 - Family, en-suite toilet, bath & wash basin.
Large linen storage cupboard and a fire escape door.
Bedroom 4 – Double, en-suite toilet, shower & wash basin, connecting door to neighbouring room.
Bedroom 5 – Double, en-suite bath, toilet & wash basin
Bedroom 6 – Double, en-suite bath, toilet & wash basin
Bedroom 7 – Single, wash basin in room with en-suite toilet and shower.
Fire escape door

Bedroom 7 - Honeymoon/executive suite beautifully presented with large double medieval style décor, genuine 300 year old beams on the ceiling, half tester bed, clover leaf shape en-suite Jacuzzi with toilet & wash basin.

Bedroom 9 – Double, (current owners’ accommodation) en-suite toilet, bath & wash basin

Stairs access to second floor

SECOND FLOOR - Fire escape door
Bedroom 10 – Double, en-suite toilet, bath & wash basin
Bedroom 11 – Family, en-suite toilet, bath & wash basin
Bedroom 12 – Family, en-suite, toilet, bath & wash basin
Open plan loft area currently used for additional owners accommodation (hobby room)

EXTERNAL - Gated front entrance leading to large open plan parking area, single garage and central lawned area with large water feature plus perimeter decorative wall with flowers and lawned area.

To the left - Large private garden area with walkways, lawns, growing area and greenhouse plus a patio area with seating.

To the right - Small secluded garden area with lawns and flower bed.