63 bedroom hotel for sale

The Rutland Hotel, 452 Glossop Road, Sheffield, S10 2PY

Offers in Region of £2,650,000

Property Description

Commercial information

  • Use class orders: C1 Hotels

Full description

Tenure: Freehold

Situated in the heart of the University area, The Rutland is a large 4 Star city hotel with an outstanding trading location, strong bedroom-led trade and great potential for further business development.

Only about a mile or so from Sheffield City Centre, the hotel not only benefits from the huge amount of commercial and leisure activity generated in this dynamic region, but is also the main hotel in the tremendously busy University area. The various departments of Sheffield University are close by, as is The Royal Hallamshire Hospital, and dental, children's and private hospitals. Indeed, the whole area is bustling with activity and buyers will no doubt appreciate the scope for further development of the business.

The Rutland Hotel was acquired by the current owners in 2002 and whilst they have refurbished the facilities and operate a good class full service hotel, they are the first to admit that they are from a property background with no hotel operational experience. They are now selling to concentrate on their property interests and the sale gives buyers a rare opportunity to acquire a large and superbly located privately owned Sheffield city hotel with great business development potential.

PUBLIC AREAS

Main entrance off Brookfield Road leading in to a spacious reception lounge. To the left is The Dovedale Suite for up to 100 theatre style and 70 dining, with its own bar and service kitchen. To the right is The Edale Suite (50 theatre, 35 dining). The adjacent Panel Room caters for up to 12 board room style or for private dining. Overlooking the garden is The Conservatory Restaurant with up to 40 covers. Through to the dining lounge for up to 40 which leads through to the lounge bar, seating around 25. The hotel also has an entrance off Glossop Road.

LETTING BEDROOMS

63 letting bedrooms (47 double, 3 twin and 13 single) to sleep 113.
11 of the doubles are executive rooms and 2 are suites, all of which have king size bed and lounge area. One of the suites and all of the executive rooms also have sofa beds for additional sleepers.
All rooms have en suite wet room with shower, basin and WC, whilst 9 are fitted with a bath in addition.
All bedrooms have desk space, temperature controlled heating, hairdryer, TV, iron and ironing board and tea and coffee making facilities.
All double rooms have interactive 32" LCD TV with broadband internet access, in-house movies and music.

SERVICE AREAS

Commercial catering kitchen, pot wash, two walk-in refrigerators, chef's office, staff changing rooms and storage areas.

OUTSIDE

Two car parks for around 37 cars, service access area and garden with lawn, terrace and mature shrubbery and trees.

SERVICES

Sheffield City Council (0114) 2734567.
Mains gas, electricity, water and drainage. Gas-fired heating. Air conditioning to the function and meeting rooms.

LICENCE

Premises Licence
Civil Marriage Licence

WEBSITE

www.rutlandhotel-sheffield.com

LISTINGS

Visit England - 4 Star Hotel

TRADE

Management accounts for the year ended June 2016 show turnover 1,144,090 (net of VAT).

Further trading information can be made available to any seriously interested parties after viewing.

PRICE

Offers in the region of 2.65m are invited for the freehold complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.

FINANCE

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.

Nearest stations

  • University of Sheffield (0.6 mi)
  • Netherthorpe Road (0.8 mi)
  • West Street (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Leeds

1 The Broadgate, The Headrow, Leeds, LS1 8EQ

0113 451 0407 Local call rate

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

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • University of Sheffield (0.6 mi)
  • Netherthorpe Road (0.8 mi)
  • West Street (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Leeds

1 The Broadgate, The Headrow, Leeds, LS1 8EQ

0113 451 0407 Local call rate

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

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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