9 bedroom hotel for sale

Five Rise Locks HotelBeck Lane,Bingley,BD16

613 sq. m. | £949,950

Property Description

Commercial information

  • Business for sale
  • 6,598 sq ft (613 sq m)

Key features

  • REF: 2250
  • FREEHOLD
  • HOTEL

Full description

Tenure: Freehold

LOCATION
Five Rise Locks Hotel is located in Bingley, West Yorkshire.

This family-run business is tucked away in a residential area but is still within easy distance of Leeds, Bradford, Bronte Country & the Yorkshire Dales. The hotel is situated high up in Bingley looking out over the beautiful valley. The business is ideally located close to the town centre only approximately a 15 minute's walk away and around the same distance from Bingley train station.

The area of Bingley has many places of interest including National Media Museum, Alhambra Theatre, Little Germany, Bronte birthplace at Thornton, Harrogate, Haworth and Bronte Country, Worth Valley Railway where the famous Railway Children was filmed, Leeds, Saltaire World Heritage Site, Salts Mill Saltaire, Skipton and the Dales, Bolton Abbey, The Five Rise Locks, RHS Garden Harlow Carr, East Riddlesden Hall National Trust, Eureka Children's Museum, The Yorkshire Dales, Embsay Steam Railway, Bradford Museums and Galleries, Baildon Moor and Shipley Glen and Ilkley and Ilkley Moor.

Bingley is a market town in the metropolitan borough of the City of Bradford, in West Yorkshire. It is situated on the River Aire and the Leeds and Liverpool Canal. The town has a population of approximately 22,500. Local travel links include Bingley railway station in the town centre and Leeds Bradford International Airport, which is located 10 miles from the city centre. The B6265 (Main Street), connecting Bingley to Keighley, runs through the town centre.

BUSINESS
Hilton Smythe is delighted to welcome to the market this thriving hotel and restaurant business in Bingley, West Yorkshire. The business was established in 1980s and has been in our client's careful ownership since 2008. The business is only now being offered to the market due to our clients` desire to take a well-deserved retirement. The business is open 7 days a week and generates a turnover in the region of £210,000 per annum, with a gross profit of approximately £147,000.

Five Rise Locks Hotel is a superb award winning high quality hotel and restaurant. The business has excellent reputation and great reviews on the popular websites Trip Advisor and Bookings.com, as well as having a certificate of excellence on Trip Adviser, the business is especially renowned for service, friendliness, excellent cuisine and hospitality.

The hotel is well maintained and cared for by our clients, The 9 bedrooms are fitted to a very high standard with superb individually styled décor and high quality furnishings. Fully modernised to the highest standards but still retaining charm and character. All Rooms were refurbished in January 2013.

All the bedrooms have en-suite bathrooms, access to free wireless internet access, selection of books, 2000 watt hair dryer, trouser press, direct dial telephone, flat screen digital HDTV with Freeview channels, free car parking, Hospitality Tray with choice of fruit tea, coffee, tea, de-caffeinated coffee, hot chocolate and biscuits.

The award winning AA Rosette restaurant is very popular and is fitted to a very high standard. The restaurant has a perfect food and hygiene rating of 5 stars. The business host many different events such as receptions and functions, meetings, anniversary parties and wedding parties. The restaurant is presented to a very high standard, and is equipped with very high quality furniture and decoration.

The building is a former Victorian stone house and is equipped with gas central heating, UVPC double glazed windows, 3 independent boilers, quality carpets, expensive curtains, and colour coordinated bedrooms. Solid bedroom furniture including dressing tables, desk and chairs, all bathrooms and shower rooms are fully tiled, electrics and services are fully compliant with all regulations, excellent décor, all of the bedrooms are large and spacious.

The business has an excellent website in place, the website has a lot of information including, hotel information, restaurant menu's and prices, links to local areas of interest, information on booking rooms and events and photos of the building and rooms, www.five-rise-locks.co.uk.

We feel the turnover could be expanded with promotion of evening dinners and lunches and extension of opening hours of restaurant. Obtaining of civil licence for weddings would also be very beneficial, and converting rooms and owner accommodation to provide extra guest bedrooms is a possibility.

This is an excellent opportunity for a new owner to take this long established and thriving business to the next level; therefore early viewing must come highly recommended.

PREMISES
Large detached Victorian stone building:

Briefly summarising:-

Ground floor:
Lovely spacious entrance hall leading to reception/office.
Quality wooden floor.
Gents & ladies toilets facilities.
Dining room with covers for up to 60.
Dining room is capable of being partitioned to provide facilities for meetings and conferences. Often used for meetings, conferences and receptions including wedding and funeral parties.
Excellent well fitted bar with ample seating including couches and easy chairs.
Large fully fitted and compliant commercial kitchen. New solid floor. Tiled walls. Stainless steel work tops and tables. Fully equipped.
Dish washing area with fitted commercial dishwasher
Utility and laundry room.

Bedroom 8 - lovely large double with en suite shower room
Bedroom 9 - lovely large double with en suite shower room

Access to owners accommodation comprising a fitted kitchen and private lounge on this floor
Private front door entrance.

First floor:
Spacious wide staircase leading to :
Bedroom 1 twin with en suite bath/ shower over
Bedroom 2 twin/double with en suite shower room
Bedroom 3 4 poster bed with en suite bath/shower over
Bedroom 4 single with en suite shower room
Bedroom 5 double with en suite shower room
Bedroom 6 double with en suite shower room

Second floor:
Bedroom 7 double with en suite bath and shower cubicle

Owners accommodation

Includes:

Lounge
Kitchen
2 x bathrooms
4 x bedrooms

Note the owner's accommodation is self-contained with access from behind reception or from private front entrance.
It could easily be converted into letting rooms.

Equipment:
Beds, bedroom furniture, tables, chairs, sofas, fridges, freezers, microwaves, cookers, dishwasher, kitchen equipment

External:
Lovely mature gardens and grounds with lawns , bushes, flower beds and garden furniture
Sun terrace with tables and chairs
Large car park

TENURE
We are advised freehold.

HOURS
The business is open:

Hotel: 24 hours a day, 7 days a week

Restaurant:
Monday - Saturday: 6:30 till 9:15
Sunday - 12:30 - 2

The business also offers to open at dinner time for tables over 6.

STAFF
The business is owner run and managed with the assistance of 2 part time cleaners and washer up and 1 chef.

FINANCIAL PROFILE
The business generates a turnover in the region of £210,000 per annum, with a gross profit of approximately £147,000.


Nearest stations

  • Crossflatts (0.5 mi)
  • Bingley (0.5 mi)
  • Saltaire (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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

  • Crossflatts (0.5 mi)
  • Bingley (0.5 mi)
  • Saltaire (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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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