Hermitage Park Hotel, Whitwick Road, Coalville, Leicestershire, LE67 3FA
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Hotel for sale
Key features
- Profitable town centre hotel
- 28 en suite letting bedrooms
- Annualised sales c. £528k, EBITDA c. £157k
- Bar, restaurant & conference facilities
- Close to M1 and A42
- Car park and seating terrace. Energy Rating D
- Christie & Co Ref: 5740656
Description
A characterful property of traditional brick construction under pitched slate roofs, with a steel frame conservatory connecting separate single storey and two storey buildings.
The hotel comprises 28 en-suite letting bedrooms, bar/restaurant and conference room.
Externally, there is car parking for approximately 40 vehicles along with a paved seating terrace with bench seating.
Hermitage Park Hotel is located in the Leicestershire town of Coalville.
Coalville is located 12 miles north west of Leicester, 32 miles north east of Birmingham and 21 miles south west of Nottingham. The town benefits from strong transport links, with easy access to both Junction 22 of the M1 and Junction 13 of the A42.
The hotel is situated in a predominantly commercial area. We are advised a good amount of business is generated from the nearby Stevenson College.
The property briefly comprises:
• Reception with office
• Lamp House conference room
• Bar/restaurant (100)
• Conference/breakfast room with carvery servery (25)
• Commercial kitchen
• Ladies and gents WCs
• Offices
• Stores
Fixtures and fittings are included with the exception of any items that are personal to our client.
Letting AccommodationThere are 28 en suite letting bedrooms, which we understand to be comprised of the following:
• 23 doubles
• 5 twins
There is car parking for approximately 40 vehicles to the front of the premises, along with an enclosed paved seating terrace.
The OpportunityHermitage Park Hotel is a well-established business that benefits from primarily corporate trade during the week and leisure at the weekend. The hotel is run under management and our client visits the site just once per week.
Our client intends to retire from the trade and new, focussed owners will have the opportunity to further develop the business.
The opportunity exists for new hands-on owner operators to further develop the business.
The hotel can host weddings and other private events with a maximum capacity of 120 people.
Management accounts for the year ending 30th June 2024 show revenue of £528,080 and EBITDA of £157,186.
Further trading information will be made available to genuinely interested parties who have viewed the premises.
Confirmation of business rates payable should be obtained from the local authority
RegulatoryPremises licence.
Energy Performance Certificates
EPC 1Brochures
Hermitage Park Hotel, Whitwick Road, Coalville, Leicestershire, LE67 3FA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Loughborough Station8.0 miles
Notes
Disclaimer - Property reference 5740656-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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