13 bedroom hotel for sale

Swindon

£999,995

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

FREEHOLD HOTEL & LICENSED RESTAURANT
Exceptional grade II listed property offering open countryside views
Advised turnover £200,000 PA with high GP returns
Early interest and viewing is highly recommended
Situated in the countryside just outside Swindon
Ideal lifestyle change opportunity
Scope for further development
FREEHOLD


Location
This exceptional freehold hotel and licensed restaurant, originally a Victorian school built 1859 is located on the outskirts of Swindon, in the rural hamlet of Hook. The hotel benefits from a very quiet countryside location whilst being less than 3 miles away from West Swindon. Lydiard Country Park, at the end of the road on which the hotel is situated attracts large number of visitors both in summer and winter benefiting the restaurant trade. Swindon is a major town with many large national and international companies. It is from these companies that the hotel derives its very lucrative weekly business. Swindon and surrounding areas provide good homes, excellent shopping, excellent schools and NHS services. Swindon has a 55 minute direct rail connection to London, Paddington and Heathrow and Bristol airports are 1 hour away. The weekend and leisure trade is derived from a large number of popular tourist and visitor attractions within easy driving distance as well as major shows and exhibitions staged at local venues attracting both international and national visitors. This is a very well presented business situated in one of the UK’s most desirable locations and we urge early interest and viewing in this charming family run hotel.


Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional freehold opportunity which has a proud history dating back to the 1970’s. Since 1990 the business has been owned and run by our client who is reluctantly placing it onto the market due to health reasons. The business which is managed by our client achieves a very respectful (advised) annual turnover of £200,000. This is derived from offering a very good standard of guest accommodation coupled with a popular restaurant and bar. Both the restaurant and hotel benefit from substantial repeat trade from local business and private clientele. The property also offers sizable conference facilities in its main dining area which is very popular with businesses in and around Swindon. The property can only be described as well presented throughout with many original features and a wealth of character. Our client has gone to considerable expense and effort on the property’s presentation which is a big plus for a new owner as there will be no need for additional funds to be spent for the foreseeable future. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest and viewing of this truly exceptional business.


Financial Profile
Turnover: £200,000pa
Gross profit: 80%
Stock approximately: £2,000


Tenure
We are advised freehold


Opening Hours
365 days
24/7

Accommodation
Grade II listed property offering 12 guest rooms and 1 single staff room or 11 guest rooms and private accommodation. Laundry and housekeeping store. Restaurant with 40/50 covers, bar 30 covers, small rear lounge, secluded courtyard terrace, front lounge (currently used as office) with large front parking facilities, rear gardens and open countryside views at every angle. The property occupies a footprint of just under an acre.

Entrance
Impressive large A framed tiled entrance porch with log storage with double doors into welcoming reception area leading off to the restaurant or hotel bedrooms with views to countryside and rear secluded courtyard. Seating space with reception desk.

Restaurant
Impressive dining hall with high A frame vaulted timber beams under pitched and tiled roof. Large mullioned and transomed windows, original timber floor and fireplace with log burner. Open stair case with balcony to first floor, 40-50 covers with well spaced tables and chairs.

Bar
Full of character the bar has high timber beams under pitched and tiled roof, large mullioned and transomed windows, original wooden block floor and fireplace with log burner. The bar has views over the countryside and tables and chairs for 30 covers. Bar complete with all required equipment and installations.

Rear Lounge
Secluded rear room previously headmasters’ office, ideal as a lounge or private dining area.

Ladies/disabled toilet

Gents toilet

Kitchen
Fully fitted kitchen catering for approximately 80 covers per session.

Front Room
Currently used as office and store room with remnants of recent hotel refurbishment but easily restored to lounge or private accommodation.

Ground Floor Guest Accommodation
Bedroom 1 - Double with en-suite toilet, wash basin and bath with over bath shower.
Bedroom 2 - Double with en-suite toilet, wash basin and bath with over bath shower.
Bedroom 3 - Double with en-suite toilet, wash basin and bath with over bath shower.
Bedroom 4 - Double with en-suite toilet, wash basin and bath with over bath shower.
Bedroom 5 - Double with en-suite toilet, wash basin and bath with over bath shower.

Laundry room
Washing machines, ironing machine and dryers. Housekeeping storage

First Floor
Accessed from reception through downstairs hotel corridor up two flight stairwell.
Bedroom 6 - Single with en-suite toilet, wash basin and shower.

Bedroom 7 - Double/quadruple with fold down wall bed and en-suite toilet, wash basin and bath with over bath shower.

Bedroom 8 - Triple with en-suite toilet, wash basin and bath with over bath shower.

Bedroom 9 - Twin with en-suite toilet, wash basin and bath with over bath shower.

Bedroom 10 - Double with en-suite toilet, wash basin and bath with over bath shower.

Bedroom 11 - Double with en-suite toilet, wash basin and bath with over bath shower.

Catering equipment storage room
Calorifier room with two 1600 litre calorifiers and pumps.

Bedroom 12 - Triple with en-suite toilet, wash basin and bath with over bath shower

Bedroom 13 - Single staff accommodation with en-suite toilet, wash basin and shower

Loft Second Floor
Loft, giving large storage space (possibly could be converted to additional accommodation STPP)

Expansion
Within the planning permission granted in 1989 a further 2 bedrooms can be added on the first floor over the existing ladies toilet and rear lounge. (Clarification must be sought from the local planning department)

External Front
Large gravelled front car parking facilities (40), laid to lawn front hotel garden, terrace area with all weather tables, chairs and umbrellas in front of restaurant. Courtyard terrace with access from reception.

External Rear & Side
Enclosed hotel garden laid to lawn accessed from courtyard terrace. Storage areas, timber insulated beer store, enclosed decking area and boiler room lean-to. Laid to lawn area behind bar with excess car park adjoining accessed through a gated ramp.

Services & Rates
Water, drainage, electricity and gas are connected
Rateable value £16,650.00


Nearest station

  • Swindon (4.1 mi)
Distances are straight line measurements

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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