This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

30 bedroom hotel for sale

Avon

£985,000

Property Description

Full description

Tenure: Freehold

Ref 2627 - EXCELLENT FREEHOLD HOTEL WITH FREE OF TIE BREWERY LICENCE
Advised annual turnover of £303,687 with good gross profit returns
Neighbouring business for sale The Royal Complex (Ref: 2628)
Early interest and viewing is highly recommended
Ideal investment and development opportunity
30 bedroom hotel with free of tie licensed bar
Ideal trading location in Avonmouth, Bristol
Sale price includes all fixtures and fittings
Huge scope for future growth
FREEHOLD


Location

This excellent freehold hotel has an ideal trading location in the highly desirable area of Avonmouth which is in Bristol. The hotel stands proud, neighbouring the Avonmouth Railway Station and the entrance to the shopping district. The location is ideal as it has a wealth of neighbouring business; ports and attractions, easy access to shopping and entertainment facilities, whilst being only a stone’s throw away from two major motorway links. Avonmouth is located at the mouth of the River Avon, on its north bank and on the Severn Estuary. The large ports Avonmouth Docks and The Royal Portbury Dock are situated in the area. The area is home to several large chemical manufacturing plants and a gas fired power station with a good selection of corporate businesses. The hotel sits less than 8 miles away from Bristol city centre and due to its many motorway links, has easy access to Newport, Cardiff, Weston-super-Mare, Swindon and Gloucester. Motorway links to the M49 and M5 are less than 1 mile away and these connect to the M4 in less than 8 miles making visiting and commuting very easy.

Business History

Meridian Business Sales are delighted to offer for sale this excellent freehold hotel which has a proud history dating back to the early 1800s. Since 2001 it has been owned and run by our client, who is only now placing it onto the market due to his strong desire for retirement. The business, which is run and managed with the assistance of staff, achieves a very respectable advised annual turnover of £303,687, which is derived from offering guest accommodation services to a wide range of customers throughout the year. The hotel has a large free of tie bar and dining facility coupled with an entertainment area. It also has a connecting café/diner coupled with function and meeting room facilities. Our client has gone to considerable expense and effort on the properties presentation and he is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. The property has a wealth of potential and redeveloped usages, which gives a new owner endless options for the property’s configuration and future use, subject to planning. We would like to urge very early interest in this opportunity as properties of this calibre rarely appear onto the market. Our client also has a neighbouring opportunity on the market The Royal Complex (2628) additional information is available from Meridian Business Sales Ltd.


Financial Profile

Turnover: £303,687pa
Gross profit: 71%
Stock approximately: £8,000

Tenure

We are advised freehold

Opening Hours

Trades all year round


Accommodation
Well presented 4 storey property with lobby, reception, restaurant bar, computer room, cafe/diner, male, female and disabled toilets, hotel bar, stage with dance floor, commercial kitchen, laundry room, guest kitchen, 10 + storage rooms, cellars, management offices, 30 guest bedrooms mostly en-suite, 4 employee bedrooms, external yard and flat roof, briefly comprising of:

GROUND FLOOR
Lobby to hotel reception with welcoming booking area and computer systems.

Restaurant/bar, fitted with pumps, spirit displays and chillers.

Computer room with PC systems and work space.

Cafe/diner with fitted kitchen plus 2 seating areas for high cover occupancy.
Male and female toilets

Hotel bar, large open plan area with fitted serving bar, fixed seating, traditional tables and chairs.

Fully fitted stainless steel commercial kitchen with preparation area

Stage and dance floor connecting to hotel bar

Dressing room with shower and toilet

Male, female and disabled toilets

Guest bedroom with en-suite with disabled access.

BASEMENT
Cellar with storage and hotel laundry.

Additional cellar with bathroom with toilet, management and staff offices, 10 storage rooms of various sizes (many different future uses) plus yard and covered yard areas.

FIRST FLOOR
Reception landing leading to:

Meeting/function room with bar

14 guest bedrooms part en-suite, part with access to separate bathroom(s)

Bathrooms and shower rooms

Kitchen with fitted worktops, wash basin, cupboards and drawers

Storage cupboards
Flat roof access

SECOND FLOOR
Reception landing leading to:

14 guest bedrooms part en-suite, part with access to separate bathroom(s)

Bathrooms and shower rooms

Storage cupboards

THIRD FLOOR
Reception landing leading to:

1 guest bedroom with en-suite

4 employee bedrooms

Additional storage rooms

Bathrooms and shower rooms

EXTERNAL
To the front - External seating space, free of charge roadside parking plus neighbouring large communal car park.

To the rear - Yard areas with storage space




Listing History

Added on Rightmove:
10 February 2012

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

How much will it cost me to call the number displayed on the site?

The cost of your call will vary depending on your landline or mobile phone provider and the number called. Please check with your network provider for potential costs.

Disclaimer

Property reference 2627. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.