Buy a Motel And Bistro Style Restaurant For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 515732
  • (Seller ref: AC091)

Motel And Bistro Style Restaurant For Sale


Location:
Category:

Listed by:

Asking price:
£1,200,000
Sales revenue:
£84,000
Net profit:
£30,000
Employees:
Apart from the two owners, and their children who help on a part time basis when needed, there are two part time chambermaids who work as and when required.


Built in the 1800’s as a coaching house this friendly and inviting Motel is situated in a small sleepy village in Lincolnshire, yet just off a busy trunk road. The building has been lovingly refurbished to the highest standards offering a warm welcome to todays travellers.

The current owners bought the business in 1995, and have since restored all of the 5 bedrooms and also created a wonderful mediterranean ambience and atmosphere in the Bistro.

In 2005 the vendors expand the business and purchased the Lodge located directly opposite the Motel thereby gaining an extra five ground floor en-suite rooms, making 12 guest rooms in total.

Private living accommodation adjoins the coach house, which comprises of three double bedrooms, kitchen, lounge, dining room, bathroom, spare room and private secluded garden area.

Recent inspection by the English tourist board, gave the motel accommodation 4 Star Accreditation and 9/10 for the bistro restaurant. The kitchen was awarded ‘Food Business Hygiene Rating’ of 5 Stars.

With the advantage of being located in the countryside, the Motel is situated only 20 minutes away from three main town centres and local schools are also within easy reach.

Key Strengths:

The motel is charming with a distinct country feel. The rooms are immaculate, all en-suite and centraly heated, each have tea/coffee making facilities and a TV in the room. Two of the rooms act as family rooms and one room in the Lodge area even has its own private garden area. In all there are 27 beds in both the coachhouse and the lodge. There is ample secure parking for 14 vehicles.

The Bisto serves home cooked food made from fresh local Lincolnshire produce including freshly caught fish from the nearby East Coast fishing ports. There is a small licensed bar area, which stocks ample supplies of beers, wines and spirits for diners to enjoy in the lovely atmosphere.

Location is all important and the Motel is situated on a main “A” road between two busy town centres. It is also only 40 minutes from the East Coast and is also near to a number of tourist destinations and events held throughout the year, this accounts for its wide range of clientel who visit on a regular basis. Both businessmen and tourists alike return on a regular basis as it would be hard to beat the value for money that the motel and bistro offers.


Property:
Freehold
Location:
The premises comprise of three separate units. The Coachouse, Adjoining Private Accomodation and the Lodge.

The 18th Century Coachhouse includes 2 x Double bedrooms and 1 Single bedroom, all en-suite, the Bistro with indoor seating for 36 people and small licensed Bar area. There is a well appointed modern kitchen with a full range of appliances, all of which have been recently tested.

An additional 4 en-suite rooms (2 Double & Two Twin) are accessible via an external staircase situated at the rear of the main building.

Private accomodation includes 3 x Double bedrooms, Bathroom, Spare room and secluded private garden. There is also an extra private parking area for the owners.

At the back of the coachouse adjoining the rear car park there are two outbuildings/garages used as storage areas.

Situated directly opposite the main building is the Lodge, which has five ground floor en-suite rooms (2 x Double & 3 x Twin). One of the rooms comes with its own private patio & garden area. There is also a laundry room with storage cupboards. Private parking is available for 4 guest vehicles outside the lodge. The lodge also has its own integral garage that at present is used for storage.

Competition / Market:
The owners have been involved in running the business for the past 12 years. During that period they have put a huge amount of work into the transformation of the building into the charming and tasteful 18th century coachhouse that it is today. Currently meals and drinks are prepared and served on a ‘guests only’ basis for people staying at the Motel. This leaves a huge opportunity for extra business both during the day, for passing trade, and evenings to attract the local dining trade. Sunday lunch is another potential source of increasing turnover for meals. There is no local competition in the village catering for food. The breakdown for seasonal occupancy is 70% summer and 30% winter. The bistro, as it does not cater for non-residents, is totally dependant on filling the rooms for custom. Therefore, whilst the current owners are happy and comfortable with the amount of bookings, there is scope to increase the business simply with extra marketing to attract outside interest. In the courtyard at the back of the motel are outbuildings which could be converted into extra accommodation. Planning permission has already been granted by the local council for an extra 4 twin/double rooms, the business would be certain to benefit from this extra investment.
Support & training:
The current owners are happy to help on site with a smooth handover and training for a negotiable period of time.
Reasons for selling:
The owners have been working in the business for approximately 12 years and would like to spend extra time with their family. They also have other projects which they would like to pursue.

For more information about this business for sale, click the Contact Seller button.

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