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Smiths Hotel, 20-24 Knightstone Road, Weston-super-Mare, Somerset, BS23 2AW

Offers in Excess of
£2,000,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • Sea views & high footfall of passing trade
  • 50 en suite letting bedrooms
  • Lounge, Dining room & Restaurant
  • Bar & Waterfront Lounge
  • Highly profitable
  • Same ownership since 1992. Energy Rating C
  • Christie & Co Ref: 3440506

Description

Description

The Smiths Hotel forms part of a terrace of Victorian villas that have been subject to extensive alterations and extensions over the years.

The property is arranged over three floors comprising 50 en suite letting bedrooms with a passenger lift to all floors. There are five principal areas on the ground floor which combined can accommodate more than 330 guests and that’s not including the large external sea-facing terrace which proves extremely popular in the summer months and can seat a further 180 guests.

Location

The hotel is located in a prime trading position within the town, on the seafront with uninterrupted views of the Grand Pier and Weston Bay’s long sandy beach.

Weston-super-Mare is a renowned seaside resort offering a wide range of attractions making it a popular destination for tourists. It is within four miles of Junction 21 of the M5 motorway whilst the city of Bristol is within 19 miles. Additionally, the town benefits from mainline railway connections.

Internal Details

There are two entrances to the front of the property, one providing access to the reception area and the other to the public areas.

Fixtures & Fittings

All trade fixtures and fittings will be included in the sale and our clients will provide a trade inventory to interested parties.

Letting Accommodation

All 50 letting rooms are en suite and arranged over the ground, first and second floors.

External Details

The property benefits from a large partially coved external terrace to the front which provides c.180 covers. Due to the property’s prominent location attracts custom from the many visitors walking past on route to the beach and town centre.

Adjacent to the terrace is a small car with parking for 15 vehicles, although as there is a Pay & Display car park within 60 metres the area is currently used for additional outdoor seating during the summer months. To the rear of the property is an enclosed courtyard, in the main used for deliveries

The Opportunity

Our client has owned The Smiths Hotel since 1992 and has worked in the industry since 1984, has now made the decision to pursue other business interests. For many years the hotel has proved to be a huge success both from a customer’s perspective and from the year on year growth in revenue and profit.

Although a very established business, the dynamic has changed in recent years moving away from the traditional coach parties to attracting the private leisure market which now makes up over 50% of the current income.

The hotel trades from February through to December with income derived from the bar, restaurant and letting accommodation. The summer months prove extremely popular due to the prominent trading position and a large external terrace. Although and established and profitable business, there are still a number of areas to increase revenue, one of which is the growing number of function requests that our client turns away on a frequent basis.

For further information about The Smiths Hotel, please visit the business website:

Staff

The business operates a full-time General Manager, Assistant Manager, three chefs and a pool of part-time staff.

Trading Information

Further information will be made available on request.

Energy Performance Certificates

EPC 1

Brochures

Smiths Hotel, 20-24 Knightstone Road, Weston-super-Mare, Somerset, BS23 2AW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weston-super-Mare Station0.7 miles
  • Weston Milton Station1.8 miles
  • Worle Station3.1 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3440506-fh. 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 Christie & Co, Hotels. 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.

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