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Station Hotel, Bruton Way, Gloucester, GL1 1DG

£850,000

£390.27 per sq. ft.

Business rates & charges may apply

Savills, Southampton - Licensed Leisure
SIZE AVAILABLE
2,178 sq. ft.
(202 sq. m.)
SECTOR
Hotel for sale

Key features

  • Traditional Hotel Pub Restaurant
  • Excellent position adjacent to Gloucester Railway Station
  • Conversion Potential (STP)
  • Site Area – 0.050 ha (0.124 acres)
  • 21 letting rooms

Property description

Tenure: Freehold

Location
The property is located in Gloucester, a cathedral city and district in Gloucestershire. Gloucester lies on the River Severn, between the Cotswolds to the east and the Forest of Dean to the west, 19 miles (31 km) east of Monmouth and 17 miles (27 km) east of the border with Wales.
The property occupies a prominent position on Bruton
Way (A430) which is one of the main thoroughfares and as the name suggests adjacent to Gloucester Train Station.
The surrounding area is mixed with commercial retail, residential and government buildings such as HM Land Registry and Gloucester Police Station all close by.

Description
The property comprises a detached three storey building constructed in approximately 1880. The
building is built of rendered brick with a pitched tile roof. Fenestration is single glazed and sash in part.
Internally, the ground floor provides a central bar servery with seating areas surrounding. There is a separate restaurant area to the right of the bar. Kitchen and WC facilities are located at the rear. The cellar is at basement level. Letting rooms are then arranged over first and second floor levels. The hotel has a total 21 letting bedrooms (4 singles; 9 doubles; 8 twins).

Planning
Our informal planning enquiries confirm that the premises is permitted as a hotel (Use Class C1). The property is not listed nor is it situated within a Conservation Area.

Premises License
The property has been granted a Premises Licence in accordance with the Licensing Act 2003.

The Business
The Station Hotel operates as a coaching inn providing a variety of rooms which appeal to contractors working in the area on weekdays, couples visiting for weekend breaks as well as tourists visiting the wider area. The room rates for the hotel fluctuate dependent upon the time of year.
We can confirm that financial year end March 2019, the hotel had a turnover in the order of £420,000 (Net of VAT), with a split percentage between accommodation, food and beverage of 50:2:48 respectively. More information on the hotel’s trading performance will be provided to seriously interested parties upon request and status.

Fixtures & Fittings
The fixture and fittings are included and the premises will be sold ‘as seen’ less any personal items.

Rating
The subject property is entered in the 2017 Rating List with a Rateable Value of £28,500.
The National Multiplier for England and Wales for 2021/22 is £0.512.

Tenure
Freehold. The property will be sold as a going concern. TUPE regulations will therefore apply.

EPC
The EPC has been commissioned and will be provided upon request.

Guide Price
Offers are invited in the region of £850,000. It is anticipated VAT will not be applicable.

Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, the preferred purchaser will be required to provide identification and proof of address, prior to exchange.

Viewing
All viewings must be arranged strictly by appointment with the sole agents Savills.

Brochures

Station Hotel, Bruton Way, Gloucester, GL1 1DG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gloucester Station0.1 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 82420-1. 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 Savills, Southampton - Licensed Leisure. 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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