Freehold Hotel For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this excellent family hotel. The Stuart House has a high standard of decor throughout, with constant updating by our clients, as can be seen by the accounts. The Stuart House has recently been re-awarded its prestigious four star rating. The hotel has been in the careful ownership of our client since 2004 and has grown year on year to its current turnover of £87,500 with a gross profit margin of 80%. The Stuart House offers flexible accommodation, including rooms with a four poster bed, doubles, family rooms and a self contained flat, making it suitable for a wide and varied customer base. All rooms are en-suite apart from one single, which has its own private bathroom across the hall. There is potential to increase the revenue of the business by changing some of the large family rooms into two doubles with en-suite facilities. Scarborough is currently enjoying a large amount of investment in major attractions, for example Lego Land and the North Bay redevelopment scheme. These will bring large numbers of tourists to the area and this can only benefit businesses in the area. We strongly recommend early viewing to appreciate not only the quality of this business, but also the lifestyle change that it offers.

Property information

Property:

Freehold

Living accommodation:

PROPERTY DETAILS A 5 storey, double fronted, Victorian property, briefly comprising: GROUND FLOOR Entrance porch leading to entrance hall. Guest lounge with comfortable seating, television, stone fireplace with electric log effect burner, and sea view Room 1, Sleeping 2. Four poster room with en- suite facilities and sea view Two staircases, leading to lower ground floor and 1st floor Owner's accommodation comprises: Hallway leading to private entrance from Castle Road, Large lounge with brick fireplace, wooden surround and gas coal effect fire, Double bedroom and Family bathroom LOWER GROUND FLOOR Large dining room with 47 covers Bar area, fully licensed, with comfortable seating Ladies & gents W/Cs Storerooms/linen cupboard Fully fitted kitchen with high quality modern units, Belling cooking range with 8 burners and hot plate, waste disposal unit, Lincat deep fat fryer, Lincat water boiler, Newscan dishwasher and Bain-Marie. Wall mounted gas boiler for heating to ground floor flat. Large walk in pantry Laundry room, space for washer and dryer, 2 wall mounted Vaillant boilers providing heating to hotel. Office/bedroom. Shower room/staff bathroom FIRST FLOOR Landing. Room 2, sleeping 4. Large double/family room with en-suite facilities and sea view Room 3, sleeping 4. King size bed and adjoining room with bunk bed with en-suite facilities Room 5, sleeping 1. Single room with private bathroom opposite Room 6, sleeping 2. Twin with en-suite facilities Room 7, sleeping 4. Large double/family room with en-suite facilities and sea view SECOND FLOOR Landing Room 8, sleeping 4. King size bed and adjoining room with bunk bed with en suite facilities and sea view Room 9, sleeping 4. Large double/family room with en-suite facilities and sea view Room 10, sleeping 2. Queen size double or twin with en-suite facilities Owner's 2nd accommodation comprises: Three bedrooms, hallway with sink and storage cupboards and shower room THIRD FLOOR Landing Rooms 11, 12, 14 & 15, sleep 6. King size beds and adjoining rooms with 2 bunk beds with en suite facilities and sea views EXTERNAL Terrace and seating to front with store rooms and sea view Private parking to rear for at least 3 vehicles

Location:

The Stuart House is ideally located in a prime trading position, on Rutland Terrace, in the busy and thriving seaside resort of Scarborough. The position of the hotel on Queens Parade gives the property stunning views of the sea and the whole of Scarborough's coastline. The Stuart House is just minutes away from the beach and ten minutes' from the busy town centre with its many shops cafes restaurants and bars. The property is surrounded by other complementary hotels, all of which attract tourists all year round. The area of Scarborough has strong road links to York via the A64 and Whitby via the A171. The rolling countryside of the North Yorkshire Moors and National Park are also close by.

Other information

Trading hours:

As required