Freehold Hotel in Isle of Man For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this highly regarded family run hotel within Douglas, Isle of Man. The substantial freehold property has been in our clients' careful ownership since 1987. The business is currently run on a part-time basis and is only now offered to the market due to our clients' wish to retire. The hotel has been constantly upgraded to provide an enviable choice of customer facilities, with above average letting rooms throughout. There are 35 letting rooms, all of which are en-suite, which enables the hotel to accommodate a maximum of 60 guests. The business also boasts a bar area with pool room, a 50-cover dining room, separate sun lounge and a spacious commercial kitchen. The owners' accommodation is arranged on the second floor. There is vast scope to increase the turnover, which is currently £124,000, by offering evening meals, a full bar service and opening more months of the year. This is a highly desirable acquisition as businesses of this type pay zero income tax on the Isle of Man. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Freehold

Living accommodation:

ACCOMMODATION DETAILS Large semi-detached Victorian hotel with additional development land to the side. The property hes recently been double glazed and has had a new roof. The property briefly comprising: GROUND FLOOR . Sun room/reception area . Office/manager's office . Bar/pool room with solid wood bar . Spacious fully equipped commercial kitchen . Storeroom . Boiler room . Dining room with 50 covers and heated carvery/breakfast unit . Lounge/TV room with original wood wall panelling FIRST FLOOR . Rooms 1-17 all en-suite . Storage cupboard . Linen cupboard SECOND FLOOR . Rooms 18-28 . Storage cupboard . Linen cupboard Owners' accommodation with: . Large lounge . Master bedroom . Family bathroom THRID FLOOR . Rooms 30-37 . Storage cupboard . Linen cupboard . Loft access EXTERNAL . Raised terrace area to front . Large piece of land to side which is ideal for development or extending the hotel ADDITIONAL INFORMATION All guest room have tea/coffee making facilities and TVs

Location:

The Seaview Hotel occupies an enviable trading position on the famous Empress Drive within Douglas, Isle of Man. The commanding property is on the end of Empress Drive and therefore benefits from clear views of the promenade. The majority of the hotel's rooms benefit from sea views, with many boasting large bay windows. Empress Drive is located directly off Central Promenade, which is the main route from Onchan into Douglas town centre. The busy sea terminal is less than two-minutes drive away.

Other information

Trading hours:

Summer months only

Contact the seller