Freehold Hotel With Seafront Location For Sale

Business description

Advent Business Sales is delighted to offer for sale this extremely well established and very popular hotel which has been trading successfully for over 60 years.

The current vendor has owned the hotel since 2002.

Our clients have reluctantly decided to sell due to plans to relocate abroad with early retirement in mind.

Since acquiring the business, the vendors have spent a lot of time and effort in refurbishing the hotel to its present day unique standard and concept.

The hotel’s uniqueness and standard have clearly become a talking point, which has proved extremely beneficial for the hotel.

The hotel has an AA quality standard 3 star rating.
The business runs on the lines of a traditional bed and breakfast, operating with 9 magnificent and well equipped rooms of which the majority have ensuite facilities.

In addition, the ground floor area lends itself beautifully to a 40 cover restaurant area with a fully licensed bar.

There is further capacity to seat a further 16 on the outside patio to the front of the premises, which is elevated to enjoy the panoramic views of the adjacent seafront.

The best kept secret of the hotel is its recipes, which have been passed down in succession of owners.

During the busy months when the restaurant area is in full swing, the bookings are taken well in advance to avoid disappointment.
The hotel has its own web site and naturally has many links including the local tourist board. The owners advertise regularly in hotel and guesthouse publications to further attract customers.
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Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: £3085.66

Living accommodation:

BUSINESS PREMISES The magnificent detached sea view hotel with panoramic views has benefited from extensive refurbishment. The property is brick built and briefly consists of: Ground Floor ? Double doors leading into main reception and restaurant area. Fully licensed bar with seating area ? Large commercial kitchen with a range of ovens, microwaves, grills, sink and storage areas ? Laundry room with 2 washing machines and 1 dryer ? Office, w/c’s ? Store room ? Private relaxation area for owners fitted with Jacuzzi ? Workshop ? Rear fire exit ? Stairs leading for first floor First Floor Landing - Owners accommodation with an ensuite bedroom and lounge Second landing - 1 x family suite with en suite shower - 1 x family suite with en suite bath - storage area Third landing - 1 x double room with bath - 1 x twin room with en suite shower Fourth landing - 2 x family suite – seaview - 1 x single room - seaview External - Raised terrace to the front of the premises with tables and chairs – al fresco dining for 16 people

Location:

Our client is ideally located in Cleethorpes most enviable seafront position, nestled amongst other hotels on the main coastal road which leads to the centre of Cleethorpes. The road on which the hotel is situated consists of a number of leisure and entertainment facilities including stylish bars and restaurants.

A modern amphitheatre is under construction nearby, which will further increase the number of holidaymakers. The area has been a popular destination for many years and with further investment in the area, this will only increase its demand.

The A180 network connects the area to nearby Grimsby where the M180 can be accessed.

Other information

Expansion potential:

There is tremendous scope to further extend the property subject to planning approval to add more rooms, which would be extremely beneficial. The hotels on either side have already been done so, therefore no objections are envisaged.

Trading hours:

11 months a year

Financing available:

Please let us know if you require finance for the purchase of a business.

Contact the seller