Hotel Close To Historic Attractions In Rochester For Sale

Business description

Centrally located hotel close to historical attractions of Rochester. Accommodation on three levels comprises 25 en suite letting rooms, breakfast room, ballroom, lounge bars, reception area, catering kitchens, laundry room. To the outside there is a courtyard and car parking for approx 12 vehicles. New Lease available.

Property information

Property:

Leasehold

Lease terms:

The Hotel is offered on a leasehold basis for a negotiable term. The initial guide range is £75,000 per annum.

Leasehold rent:

£75,000 per annum

Location:

The Royal Victoria and Bull Hotel is centrally located in the Town of Rochester close to the historic Castle and Cathedral. Rochester, along with the adjoining town of Strood, Chatham and Gillingham forms the Medway Towns located in north Kent on the banks of the Medway River.

The area has seen a tremendous amount of development over the past few years on the former naval dockyard and further development is planned for the Rochester area along the banks of the River Medway.

The Hotel is situated in the historic Rochester High Street which benefits from many tourists throughout the year. Tourism is boosted by the two Dickens festivals held in Rochester every year.

Premises details:

The Royal Victoria and Bull is a period Hotel in a mid terrace property building fronting onto Rochester High Street. The reception areas are approached through an archway and there is a central courtyard and car parking facilities to the rear. The property, which is now in need of some refurbishment, has 25 letting rooms arranged on three levels plus ancillary accommodation. There are many original features remaining in the property including the ornate ballroom which adds tremendous character to this Hotel.

The accommodation is arranged as follows:
Ground Floor: Reception area with fully tiled floor, sofa and Chesterfield chairs, office adjoining, sweeping staircase to first floor.

On the other side of the archway is an office and further storage areas which may be capable of being converted to further public rooms or four letting bedrooms.

First Floor: Large residents’ lounge (Medway Room) with fireplaces, fully carpeted, dining tables and chairs and Chesterfields, also utilised for residents’ breakfast room, storeroom off.

Ballroom with fully fitted bar servery with grills, minstrel gallery over, further fireplaces, feature chandelier, fire escape at end, extends to approximately 93 sq. m.
Adjoining catering kitchen.

Queen Victoria suite, en-suite room with large bathroom, four further letting bedrooms.

Laundry room with adjoining offices and stores with conversion potential to letting rooms.

Four office rooms capable of conversion to letting rooms.

Second Floor: Further 22 letting rooms, all en-suite.

In addition there is a manager’s flat with three bedrooms plus three further staff rooms and a bathroom.

Externally: Courtyard area which could be utilised for trade purposes further, car parking for approximately 18 vehicles.

Note: The adjoining Swank Bar and Rochester Bar are excluded from the sale.