Buy a Hotel Restaurant And Wedding & Conference Venue business for sale in Undisclosed on BusinessesForSale.com

  • Listing ID: 806065
  • (Seller ref: 1033)

Hotel Restaurant And Wedding & Conference Venue For Sale


Price Reduced

Location:
Category:
Type:

Listed by:


Asking price:
£225,000
Sales revenue:
£330,000
Cash flow:
Available on request

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Preferred Commercial is delighted to offer for sale this thriving and highly regarded Hotel, Restaurant, Wedding and Conference Venue located in such an ideal trading position within North Yorkshire. The business has been established for over thirty years and has built up an enviable reputation throughout the region. The business has two civil wedding licences with a guest capacity for 120 people. The accommodation consists of twelve exceptionally well-presented bedrooms, all with en-suite facilities. The restaurant is split into two areas with the capacity for 60 and 84 covers as well as a traditional servery bar with 12 taps. The property has been meticulously maintained by our clients and has undergone a substantial refurbishment programme, benefiting from a high standard of fixtures and fittings throughout. The private accommodation currently consists of four rooms, including two with en-suite facilities and has the internal configuration to expand if desired. This is a particularly attractive purchase as the conference facilities are renowned throughout the area and are regularly used by a number of high profile corporate organisations. The venue is also popular with film crews, race-goers and pilots, and is well supported for functions and special events from the numerous surrounding towns and villages. This is a unique opportunity to purchase such a highly regarded and sought after business offering infinite scope for the future. Early discussions in confidence with Preferred Commercial must come highly recommended.


Property:
Leasehold
Lease terms:
Original lease length: 25 years
Remaining lease length: 21 years
Review every: 3 years
Leasehold rent:
£43,000 per annum
Living accommodation:
Private Accommodation (Internal configuration to utilise additional rooms if desired). • Double bedroom with en-suite bathroom comprising corner bath, WC, basin. • Lounge with open-plan dining area, office. • Kitchen with dining area, fitted wall and base units. • Bathroom with walk-in shower, WC, basin.
Location:
Hotel/Restaurant/Wedding and Conference Venue located in a picturesque and highly desirable trading position within North Yorkshire. The business occupies substantial two-storey premises set amidst spacious grounds with a large car park and additional overflow parking facilities. It is within an affluent agricultural area, surrounded by outstanding countryside and benefits from stunning views towards the Wolds and the Moors. The area is a haven for visitors and tourists all year round with numerous award-winning attractions in the vicinity. The premises are easily accessible to a number of high profile market towns and are specifically located off a major arterial road through the county, which generates significant additional passing trade. In addition it is within comfortable commuting distance of the major conurbations of York and Teeside and within minutes of the motorway network.
Premises details:
Accommodation Details
Substantial two-storey detached property with 12 letting rooms, set amidst spacious grounds and ample car parking facilities. Briefly comprising:

Ground Floor
• Main Entrance
• Hallway/Lobby/Foyer.
• Reception desk.
• Carvery Room: Open-plan servery bar with 12 points of dispense, hand sink, fitted chiller units, glass washer, wine cooler and Welsh dresser spirit display. Tables, chairs and perimeter seating for up to 84 covers. Wooden flooring, entertainment system, 'Whirlpool' round pool table. Ladies and gents WCs.
• Lounge
• Restaurant with tables and chairs for 40 covers (scope for 60 covers if desired), integral bar with 3 points of dispense, water features, open fireplace
• Additional lounge with separate front entrance.
• Ladies and gents WCs.
• Commercial Kitchen: Well equipped with commercial grade flooring, wipe down walls, stainless steel air extraction system, stainless steel worktops, hot cupboard, 'Rational' oven, charcoal grill, gas fat fryer, 6-burner range and ovens, flat stove, commercial dishwasher, sinks, various refrigerators and freezers, rear exit door.
• Store with rear exit door.
• Ground Floor Cellar with side exterior access and ramp, well equipped with chiller units, ice machine.
Accommodation:
• Room 1: Double bed with en-suite shower room, WC, basin.
• Room 2: Twin beds with en-suite shower room, WC, basin.
• Room 3: Double bed with en-suite shower room, WC, basin.
• Room 4: Twin beds with en-suite shower room, WC, basin and fire exit.

First Floor
• Room 5: Double bed with en-suite shower room, WC, basin.
• Room 6: Double bed with en-suite shower room, WC, basin.
• Room 7: Double bed with en-suite shower room, WC, basin.
• Room 8: Double bed with en-suite shower room, WC, basin.
• Linen Store, Fire Exit.
• Laundry Room with washing machine, tumble drier and Fire Exit.
• Room 9: Family Room with double beds, adjoining bunk bedroom and en-suite bathroom comprising bath with shower above, WC, basin.
• Room 10: Double bed with en-suite bathroom comprising bath with shower above, WC, basin.
• Room 11: Twin beds with en-suite bathroom comprising bath with shower above, WC, basin.
• Room 12: Double bed with en-suite bathroom comprising bath with shower above, WC, basin.
• Fire Exit.
External
• Double gates, perimeter wall, flag poles.
• Patio area with picnic tables.
• Car park with capacity for 36+ vehicles.
• Overflow parking area.
• Front Lawn.
• LPG gas tanks.
• Rear dry goods store with various refrigerators and freezers.

Trading hours:
Open all year

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


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