Hotel Occupying A Seafront Location For Sale

Business description

Established in excess of 100 years ago, and under the current ownership for the past 6, a traditional Hotel Guest House offering bed and breakfast. Clacton-on-Sea is the largest town on the Tendring Peninsula, in Essex, and was founded in 1871. Situated close to the beach, Pier, Town Centre, Amusements and Station. All rooms have central heatiing along with TV, shaver, various power points and tea and coffee facilities. There is a separate dining room and lounge with TV.

Turnover:
We are informed that the annual turnover from the rooms is in an excess of £60,000. Further income is generated from the bar and evening meals.

Rates:
We are informed that business rates payable of approximately £5,000 per annum

Reason For Sale:
The vendor wishes to re-invest in another building closer to their home.

Legal Fees:
Vendors and purchasers to meet their own legal costs.

Property information

Property:

Leasehold

Location:

Property:
Ground Floor: Entrance hall with reception desk. Dining room with 32 + covers. Lounge with TV, Piano and comfortable sofa's. Bar with additional seating. Activities include Darts and Sky TV. There is also a Beer garden with a patio seating area. Two separate entrances to the large open plan commercial kitchen with a full complement of equipment. Office area with access to the owner accommodation. and has a spacious area for ironing. First Floor: Bathroom & separate toilet. 3 x double bedrooms, 2 x singles, and 1 x family room. Staff flat with lounge, bedroom/open plan bathroom, stairs to kitchen. Second Floor: Shower room and separate toilet. 4 x double rooms, 2 x single rooms, 1 x family room. Single room on half landing.

Business Operation

Employees:

Staff: 2 managers plus casual labour for cleaning and ironing.