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Popular Hotel In Southport For Sale

Southport, Merseyside, UK
Asking Price:
£500K - £1M
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

~Executive Summary~

• Three-storey detached property, 200 metres from Southport town centre
• 24 letting bedrooms
• Business acquired 25 years ago
• Good level of core local business trade including wedding and coach business
• Four-bedroom private basement accommodation, kitchen, lounge, sauna, offices, large beer cellar

~Location~

Southport is a North West coastal resort and a fashionable shopping venue for persons from Merseyside and West Lancashire areas. The town is accessible by road, and lies approximately 21 miles north of Liverpool, 16 miles South West of Preston, 37 miles west on Manchester and 12 miles from the M58/M57 motorway intersection, eventually linking with the main motorway network.

The Property is located approximately 200 metres from Lord Street, the main road through Southport town centre and is located on a prominent corner position of Talbot Street. The surrounding properties comprise primarily of mixed private residential properties and guest houses, with all local amenities nearby including the £1.4m redesigned town centre market. Southport has 22 miles of coast for guests to explore including Southport Pier, which is the oldest iron pier in the country, standing for over 150 years. The town hosts numerous events including, Southport’s famous Air Show, British Musical Firework Championships, Southport Flower show, Southport Food and Drink Festival and the Open Golf at it’s world famous golf course.
Description
The Property comprises a substantial detached three-storey plus basement building dating from around 1900. The Property is a brick construction, which has been painted, beneath pitched slate roof coverings. A tarmacadam car park is located to the front and side of the Property and will accommodate approximately 30 vehicles.

~Accommodation~

The accommodation is arranged over three floors including basement and is summarised as follows:
• 24 letting bedrooms (18 en suite/ 1 non-en suite/ 5-part en suite)
• Restaurant/ Function Room (85 seated guests, 100 buffet guests)
• Lounge Bar (30 guests)
• Catering Kitchen, Preparation Areas, Dry Goods Store, Fridge Freezer Stores, Beer Store, Cloakroom
• Ladies, Gentleman and Disabled Access Customer Toilet Facilities
• Reception, Office
• 4-bedroom Manager’s Flat Accommodation
• Staff Overnight Accommodation
• Boiler Room
• Car Parking
• Further and more comprehensive details on request.

We provide a floor-by-floor breakdown as follows:

- Ground Floor:
The main entrance to the Property is to the front leading into an entrance foyer and Reception. The Residents’ Lounge is accessible from this central area and will seat approximately 10 persons by way of upholstered leather seats. The Ladies’, Gentleman’s and Disabled Access Toilet Facilities and Cloakroom adjoin the reception, as does the Residents’ Bar which will accommodate approximately 40 persons and is served by way of a corner wooden bar servery.

The restaurant/ function room is accessible by way of the bar or reception area and will accommodate approximately 120 persons by way of tables and chairs. There is a buffet service area and a central wooden dance floor is located to the centre of the room.
The catering kitchen is fully equipped and operational with a predominance of modern stainless steel equipment, as well as Food Preparation areas, Wash Up, Freezer Storage areas and Dry Goods Stores.

- First Floor:
There are 14 Letting Bedrooms on this floor, 10 of which have en suite facilities. The bedrooms comprise seven doubles and seven twins and one single room.
There is also a Communal Bathroom, Cleaner’s Store and Linen Store.

Second Floor:
There are 8 Letting Bedrooms on this floor, six of which have en suite facilities. These comprise of one double, six twin and single bedroom.
There is also a Communal Bathroom and two Cleaner’s Stores.

- Third Floor:
There are Two En Suite Family Rooms comprising a double, single and bunk beds and also a single bed with two bunk beds.
Staff overnight Accommodation, with lounge sitting area is also located at this level.

- Basement:
The Manager’s Accommodation is located in the basement, comprising of a lounge, four bedrooms, bathroom and kitchen.
An Administration Office and the Beer Store is also located at basement level, as is a sauna.
An independent Boiler providing the hot water and central heating for the basement is located at this level.

The business trades as a family run hotel. There are a number of elements which make up the core business aspects. Whilst primarily the main source of income is derived from the letting accommodation, a significant proportion of income is function trade and all year-round coach work. In terms of the letting accommodation, optimum trading periods are reported to begin at Easter and then run throughout the summer months towards the end of December, with high occupancy levels and reasonable room rates achieved.

P.O.A.

For more information, please contact us by using the form below.

Property Information

Property:

Freehold

Living Accommodation:

The Manager’s Accommodation is located in the basement, comprising of a lounge, four bedrooms, bathroom, kitchen, office space and a sauna.

Location:

Established in 1863, this family run Hotel is situated on busy Street, which lies between the main shopping area of busy Street and the tree lined Boulevards of Lord Street.

Business Operation

Employees:
8
Years established:
25

Other Information

Website:
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