Motel Accommodation Near Bicester Oxfordshire Public House For Sale

Business description

Village location close to Bicester in North Oxfordshire. Alo convenient M40 & large commercial catchment area. Established pub with bar, games room, dining room & 8 x bedrooms plus newly built 16 double/twin bedroom motel block to high specification, all with en-suite bathrooms with further 10 bedrooms under construction. Net takings in year ended 30/4/2011 £500,616 with forecast takings of £550,000/600,000 in current year with further potential to be exploited. Planning permission granted for further 8/10 additional bedrooms, conference suite & sports complex including swimming pool. Large car park and gardens. Great business development opportunity. Leasehold @ £350,000 or Freehold @ £2,500,000.

Property information

Property:

Freehold

Lease terms:

For sale freehold or on a new lease

Living accommodation:

Extensive accommodation - full details upon application.

Location:

Village location yet convenient Oxford, Bicester & M40.

Business Operation

Expansion potential:

Strong demand has warranted recent expansion of bedroom accommodation with potential for further growth.

Other information

Financing available:

Subject to status

Leasehold asking price:

£350,000 (Furniture / Fixtures included)