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The Old Mill Hotel, Toll Bridge Road, Bath, BA1 7DE

Guide Price
£3,000,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 35 ensuite bedrooms, bar & restaurant
  • Superb waterside location on the River Avon
  • Recently refurbished and fully managed
  • Opportunity to further develop trade
  • Gardens and car parking
  • Good turnover and profit margins
  • Christie & Co Ref: 3440648

Description

Description

The Old Mill Hotel is a delightful former mill come hotel. Sitting on the banks of the River Avon, it's in a truly tranquil location. A full service hotel offering 35 recently refurbished ensuite lettings rooms, a bar, and restaurant and meeting facilities - it's of good proportions.

Externally the hotel has ample parking for a number of vehicles and enjoys a superb outdoor set-up with terrace and garden overlooking the river and countryside beyond.

The hotel has enjoyed some fantastic trade over recent years and provides strong operational profit margins and makes an excellent investment.

Location

what3words: ///locker.hush.stir

Located in Batheaston, a stones throw away from the city centre of Bath, this delightful hotel sits tranquilly on the edge of the River Avon. Bath is a major tourist destination and is famous internationally for its stunning architecture, historic prominence, and world class attractions. The city draws some four million visitors annually, drawn to popular sites such as The Roman Baths, Pump Rooms, Bath Abbey, the many festivals, or to simply enjoy the city’s many shops, bars, and restaurants.

The city has good transport links with trains available at Bath Spa (London Paddington 1hr 30mins) and the M4 junction 18 is only eight miles away.

Internal Details

Internally, and on entering the hotel up stone steps, you're greeted by a refurbished reception area. You then come to the restaurant which is situated on the first floor and is an L shaped room with a fully functioning bar to one end and a dining area. It is partially glazed of construction and offers fabulous views out onto the river and countryside. On the ground floor is a further bar/restaurant area, with double doors out onto a terrace and access to the gardens, again with a functioning bar in situ. A fully equipped commercial kitchen is present with up to date appliances. Furthermore, there is a conference room along with cloakrooms.

Fixtures & Fittings

Trade fixtures & fittings will be included in the freehold sale, those items personal to the current owners may be excluded. Please contact the selling agent for clarity.

Letting Accommodation

The hotel provides 35 comfortable ensuite rooms. All have been refurbished to a very high standard with TVs, tea and coffee making facilities, air conditioning and Wi-Fi. The ensuites have modern fittings and provide a mixture of bath/showers. 27 rooms are based within the main hotel spread across three floors, the other eight are located in a motel-style block within the grounds.

External Details

Externally, there is ample parking for a number of vehicles at the hotel. The gardens are mostly to the rear and are terraced which enjoy views over the river and countryside beyond. They provide a perfect spot for alfresco dining and drinking on a summer's evening.

The Opportunity

This is a fantastic opportunity to acquire a successful business on the outskirts of Bath. Having been operating for a number of years and with a recent refurb to boot, this hotel still has the opportunity to increase on the offering currently provided. A wonderful setting and a fabulous hotel, it is an opportunity to not to be missed.

Trading Information

Trading information can be obtained via the selling agent.

Tenure

Freehold

Energy Performance Certificates

EPC 1

Brochures

The Old Mill Hotel, Toll Bridge Road, Bath, BA1 7DE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bath Spa Station2.1 miles
  • Oldfield Park Station2.8 miles
  • Freshford Station4.3 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 3440648-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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