Hotel for sale

85-87 Newbold Road - S41

£930,000

Property Description

Commercial information

  • Business for sale

Key features

  • Fully licensed hotel with 10 letting rooms with en-suite facilities
  • 2015 turnover £TBC approx
  • Excellent main road location, beautifully maintained
  • Exceptional high end restaurant, viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent opportunity to purchase one of the area’s most prestigious, well established and profitable hotels and restaurants, with excellent potential for sustained and future growth. Buckingham’s Hotel is a fantastic family run hotel offering 10 beautifully prepared, en-suite letting rooms and a top class restaurant, situated in Chesterfield.

?Buckingham’s Hotel provides two intimate and exceptional restaurant options and ten charming rooms for those looking for accommodation. The current vendor offers a unique dining experience, catering for every taste. The hotels ingredients are sourced locally, with vegetables from the hotel’s own allotment and cured meats, cheeses, bread, butter, chutneys, jams and chocolates all produced in the kitchen.

Located in Chesterfield (famous for its Crooked Spire) Buckingham’s is just minutes away from Chatsworth House and is on the eastern edge of the Peak District National Park, making it an ideal base for a holiday in this beautiful part of the UK. Its proximity to the M1 and good railway connections also make it ideal for business visitors.?
www.buckinghams-table.com

Having successfully operated in the town for over 30 years and under current ownership for the last 16 years, this business has over time become very highly renowned and has earned itself an excellent reputation for offering the best bed and breakfast facilities and restaurant and bar services during the evenings.

Due to the nature of the business, the owners benefit from a large number of satisfied customers, therefore attracting repeat trade to both the business and the fantastic restaurant included within the business. The business has a superb secluded dining room with up to 12 covers to go with the 20 covers in the traditional dining room. This business profits from a high number of clubs and meetings over the year.

The business operates from a highly visible 4 storey terraced premises, which is presented to an excellent
standard,

Sales
2015 £TBC.

ACCOUNTS
Current records and accounts can be inspected when viewing.

STAFF
The business is operated by the owners with 2 full time and 2 part time members of staff.

Building External
The business trades from an imposing terraced property occupying a prominent main road position. This property comes with limited parking to the front of this stunning hotel.

Upon entrance to this fantastic property you can find access to the main bar area to the right, a very popular secluded dining room to the left with a main dining area to the rear, where access to the rear gardens can be found.

The fully fitted catering kitchen, preparation area and bar can also be found on the ground level. Access to the owners private 4 bedroom accommodation, living area and kitchen is in the basement of the property where you can also find access to a small games area, as well as the hotels Jacuzzi and steam rooms.

The top 2 floors have an array of different size rooms to choose from, with 6 en-suite rooms on the first floor and 4 en-suite rooms on the top floor. The hotel caters for all sized parties. The property has separate stairwells to gain access to the top floors.


TENURE
This is a freehold business.



We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


SUMMARY
A fantastic opportunity to purchase a highly profitable business, with terrific potential for future growth and improvement. To avoid disappointment, a viewing is highly recommended.


Nearest stations

  • Chesterfield (0.5 mi)
  • Dronfield (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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

  • Chesterfield (0.5 mi)
  • Dronfield (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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.

Disclaimer - Property reference 44807. 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 ALTIUS GROUP LIMITED, Kings. 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.

Map data OpenStreetMap contributors.