North Yorkshire Hotel & Restaurant For Sale - North Yorkshire, United Kingdom
 
Advert Ref: 16578
 
 
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Business description
The business has been under the ownership of our client since 2004, and has seen significant time and capital investment since this date. A 12 bedroom, fully en-suite hotel that also has an 84 cover dining room and bar and separate conference room; our client has worked hard to develop a strong reputation for the highest levels of service, which has resulted in large volumes of repeat custom.
 
Employees: Our client is active in the business as a full time manager. She is assisted by her mother on a full time basis and a pool of part time and casual staff who are brought in as required.
 
Property
Leasehold
 
Expansion potential
Ample scope exists within the business to be developed still further. Some of these points are detailed below; • Additional advertising and marketing could be undertaken to attract increased numbers of visitors to the hotel and restaurant. • The restaurant could open for lunches and light meals during the day. This could prove especially popular during the summer time as tourists use the road to travel to Scarborough and the East coast. • A wedding license could be applied for to host civil ceremonies, therefore enabling bookings to be taken for meals, rooms and wedding breakfasts also.
 
Reasons for selling
Personal circumstances
 
 
 
 
 
Financial Details
Sales revenue:
£200,000