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16 bedroom guest house for sale

Birmingham

£1,200,500

Property Description

Full description

Tenure: Freehold

SUPERB 16 BEDROOM HOTEL - WEST MIDLANDS
Situated on a main road in Erdington, Birmingham
Early interest and viewing is highly recommended
16 guest bedrooms plus owners' accommodation
Sale price includes all fixtures and fittings
Advised annual turnover of 80,000
Scope for further development
Very well appointed property
Ideal trading position
FREEHOLD


Location

This fantastic business opportunity is situated on a prominent main road location in Gravelly Hill Erdington. Erdington is a suburb just 5 miles northeast of Birmingham city centre, bordering onSutton Coldfield, it is a council constituency managed by its' own district committee.

The Dayspring Hotel benefits massively from its surroundings as it has many neighbouring attractions within a short distance including the National Exhibition Centre (NEC), Birmingham Wheels Raceway and not to forget both Aston Villa Football Club and Birmingham City Football Club are with just a 3 miles radius.

Erdington is reached easily via the A38 and A452 with the M6 motorway, junction 6, being just a few miles away which travelling and commuting very easy.


Business History

Meridian Business Sales are privileged to offer to the market this superb 16 bedroom hotel. The business has been established for 5 years when our clients transformed it into what it is today. Our clients have gone to considerable expense and effort on the presentation of the property and are very generously including fixtures and fittings within in the sale price which is a huge plus for a new owner as additional funds will not need to be spent. The hotel is run at a pace to suit the current owner and ran by 1 full time and 2 part time staff.The advised annual turnover is 80,000pa the business does not currently trade all year round giving scope to increase turnover further. Rooms are very comfortable with en-suites, TVs, and tea and coffee making facilities. Residents range from tourists, people visiting relatives and business people. This is a superb opportunity, and as such Meridian Business Sales recommends early viewing.



Financial Profile

Turnover: 80,000pa
Stock approxmately: 300


Tenure
We are advised freehold


Opening Hours

The business does not trade all year round


Accommodation

Well presented 16 bedroom hotel briefly comprising:

GROUND FLOOR
Entrance porch with hallway
Guest lounge and reception
Conservatory / breakfast room with 16 covers
Commercial kitchen
Dry stores
Second Lounge
Owner's Double bedroom
Boiler room


LETTING ROOMS:
Room 1 - Disabled twin, en-suite
Room 15 - Double, en-suite
Room 16 - Double, en-suite
Room 17 - Single room
Shower room with shower, toilet and wash basin

FIRST FLOOR
Room 2 - Double, en-suite
Room 3 - Single, en-suite
Room 4 - Twin, en-suite
Room 8 - Twin, en-suite
Room 9 - Single, en-suite
Room 10 - Double, en-suite
Hallway with ice machine

SECOND FLOOR
Room 5-Double, en-suite
Room 6-Single, en-suite
Room 7-Single, en-suite
Room 11-Single, en-suite
Room 12-Single, en-suite
Room 14-Twin, en-suite

Note: No room 13

EXTERNAL
Rear parking for 28 vehicles (secure with electric gates)
Two wooden storage sheds
Linen / Laundry room
Yard area with seating

Listing History

Added on Rightmove:
28 July 2011

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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Disclaimer

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