10 bedroom commercial property for saleSubstantial hotel with fine sea views
- LONG ESTABLISHED AND SUCCESSFUL BUSINESS
- WELL MAINTAINED AND RENOVATED THROUGHOUT
- GOOD QUALITY 3 BED OWNERS ACCOMMODATION
- NORTH SOMERSET COASTAL LOCATION
- 10 EN SUITE LETTING ROOMS
- SEA VIEWS FROM MANY ROOMS
Great opportunity to take over an already successful and long established commercial Seaside Hotel business in a highly desirable Somerset coastal location. With 10 letting bedrooms, all with en suites, and good quality 3 bed owners accommodation, the property has been well maintained and renovated throughout. It now has planning agreed in principle to convert the property into 6 or 7 flats.
Our clients have been in ownership since 2000 and to their knowledge the premises has been used as a Hotel since the 1950's. Currently the business offers up to date Hotel accommodation with rooms with en suite facilities, family suites and some rooms with superb sea views. In recent years our clients, who are now wishing to retire, have operated the business at a level to suit, with a turnover below the vat threshold in the region of £60,000 - which nevertheless gives them a comfortable living. The licensed bar and dining facilities within the Hotel are not used now in any way remotely approaching their full capacity; however that potential is there for the next owners if required. It now has planning agreed in principle to convert the property into 6 or 7 flats.
Season - March to October - again more potential here.
The Hotel is situated in Weston Super Mare on the North Somerset coast which is one of the first holiday destinations in the south west accessible from the M5/M4 corridors from the midlands, north and east. The business enjoys a seafront position on Beach Road, close to the Per and Sea Life Centre. The town centr with all is attendant facilities and amenities is within reasonable walking distance (600/700 yards).
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-50796934.html
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 5840603. 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 Red Deer Country, Taunton. 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.
* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.