Hotels For Sale in East Riding Of Yorkshire
Paid partnerships can play a role in listing order
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Available due to retirement. An excellent opportunity to reopen as a hotel or potential for redevelopment.
- Within the same family ownership for over 40 years
- Prominent Grade II Listed building within Wednesday Market
- Close to Beverley Minster and Toll Gavel
1/1
ibis Hull City Centre is an established, purpose-built hotel located on the western edge of Hull city centre. The property offers 106 en-suite bedrooms alongside open-plan public areas, and benefits from excellent transport connectivity, strong local demand and a secure investment profile.
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The hotel is a detached brick built 3-storey property under a pitched roof with a single storey flat roof extension to the rear. It has 12 ensuite letting rooms, with 3-bedroom owners flat on the top floor and large dining/function room with bar at ground floor level as well as a self-contained one-bedroom flat. Our client is now ready to retire hence offering the property for sale. The business shows consistent levels of net turnover and profits with many customers visiting on an annual basis. The town enjoys strong trade in the summer months with a good steady market for contractors throughout the winter months. Our client has not particularly pushed the function element of the business and potential exists to develop this further. Subject to planning permission, it may be possible to convert the property for other uses such as residential or holiday lets.
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For sale via auction - fees, terms and conditions apply. This substantial property displays some the finest architectural features the Victorian period has to offer & in abundance! Occupying a prominent location on the sought after, Park Avenue & sat handsomely within a large front...
