Buy a 78 Bedroomed Hotel in the Heart of Swansea City Centre For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 668106
  • (Seller ref: 117.13 )

78 Bedroomed Hotel in the Heart of Swansea City Centre For Sale


Location:
Category:

Listed by:

Asking price:
£3,000,000
Sales revenue:
Available on request
Net profit:
Available on request


THE HOTEL
The Hotel has been a fixture in the centre of Swansea since being completed in 1969. It combines a 78 bedroom facility, restaurant, bar, coffee shop and conference facilities.


PROPOSED PLANNING
The current owner has an ongoing planning request for a hotel which includes the removal of the current third floor and adding a new two storey extension. This will provide extra hotel suites and rooms and increase the total floor space to some 4,690 sq m (50,500 sq ft).

Included in the plans are 12 new luxury suites providing one and two bedroomed accommodation and dining room facilities. Included in the plans is a refurbished restaurant to cater for non resident diners and a state of the art fitness centre and spa.


Property:
Leasehold
Living accommodation:
The Hotel is configured on four floor and has a gross internal floor area in the region of 4,018 sq metres (43,000 sq feet). Ground Floor Hallway, Reception Area, Coffee Shop with seating for 40 Covers. First Floor Landing, Commercial Kitchen, Breakfast Room, Restaurant for 50 Covers, Ballroom, Eight Conference Rooms, Bar. Second Floor 15 Single Bedrooms, 11 Double Bedrooms, 14 Twin Bedrooms, 1 Family Bedroom. Third Floor 39 Single Bedrooms, 4 Double Bedrooms, 1 Twin Bedrooms.
Location:
The hotel is located in the heart of Swansea City Centre. It occupies the commercial space above the Quadrant Shopping Centre which links with Swansea’s Central Market and fronts both Oxford Street and Whitewalls. The hotel is surrounded by the many multiple retail and commercial enterprises that inhabit the centre of Wales’s fast growing and second city and the area attracts 50,000 visitors per week. Marks and Spencer, BHS, GAP, Boots, Woolworth’s, Next and all four clearing banks are in the very near vicinity.

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