Hotel for saleWilson Road, Southend On Sea, Essex, SS1
- 6 Luxury Hotel Apartments
- All Fully Furnished
- Walking Distance Of Stations
- All Apartments Self Contained
- In Popular Conservation Area
- Super Business/Investment Opportunity
Comprising 5 x 1 Double Bedroom and 1 x 2 Bedroom Luxury Apartments, all having their own kitchen/diner, lounge and bathroom/WC. Fully furnished to a high standard and including all kitchen utensils, washer/dryer, microwave, TV with Freeview & Broadband access.
We believe this opportunity has real potential in the hands of a full time operator who has sufficient time to develop the business with a better web presence and more aggressive marketing strategy.
In a popular Conservation area and conveniently located adjacent close to Cliff Gardens and within walking distance of the Railway Station and seafront. Other nearby landmarks include the Cliffs Pavillion Theatre and the Towns vibrant night time Restaurant scene and outstanding shopping centre.
A distinctive building which has been sympathetically converted into 6 luxury Hotel Apartments. These comprise 5 one double bedroom apartments and a larger 2 bedroom apartment. Each is completely self contained with its own Kitchen, Lounge, Bathroom & WC. These rooms provide accommodation of a high standard aimed at professional and business people looking for short to long term quality accommodation.
Turnover for the year ended 5th April 2015 was £43,271 with a net profit of £20,903.
Given the nature of the business, this requires nominal owner input and could easily be run by a well organised Caretaker/Manager, which makes ideal for overseas investors as well as anyone with some Hospitality experience.
The 2010 rating valuation describes the property as 'Self catering holiday unit and premises' with a value of £10,000, resulting in a liability of £4,970.
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