Beautiful Four Star Guest House For Sale

Business description

This hotel has the benefit of 14 en-suite bedrooms and has been awarded four star status. It has been under the management of the current owners for over 11 years and has been a hotel for over 40 years.

The current owners have substantially developed this business and created a detached annex containing yet more bedrooms and luxurious private living accommodation. They have also invested a substantial amount of money improving the freehold including new windows, fascias, guttering, insulation etc.

This business is in fantastic condition and is constantly being improved and touched up. All the en-suite bedrooms are decorated to the same high standard.

In addition to the 14 en-suite bedrooms the property also has a lounge/bar area, a dining room as well as a fully fitted trade kitchen. The owners have previously obtained planning permission to extend the dining room to double it's capacity and to provide the opportunity of hosting parties & functions.

With car parking for up to 20 cars, full disabled facilities and a charming rear garden, this business must be viewed to appreciate it's value.

Property information

Property:

Freehold

Living accommodation:

Luxurious living accommodation comprising of: Lounge area with french doors over looking the garden. Separate fully fitted modern kitchen with all the appliances. Stairs to master bedroom with huge en-suite and jacuzzi bath. Second bedroom with it's own bathroom.

Location:

The hotel is located on the main road to the entrance of a very attractive and popular village. It runs parallel to the busy A6 and within easy reach of the M1, East Midlands Airport as well as Leicester & Loughborough

Other information

Expansion potential:

There is a great deal of opportunity to develop food & drink trade as the current owners only provide their offer to the hotel customers. With the restaurant extension, it would provide another valuable income steam for the business

Competition / Market:

Locally the area is well known for it's upmarket restaurants and attracts lots of visitors each week. Other hotels in the area find it difficult to compete with the way in which this business looks after it's customers and provides a homely atmosphere.

Reasons for selling:

The owners have successfully operated this growing business for over 11 years and are planning to retire abroad.

Trading hours:

To suit

Inventory / Stock value:

£2,000