Freehold Hotel, Restaurant & Nightclub
Location United Kingdom
Asking Price Range $2.5M - $5.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training The current owners will provide full business familiarisation, training and handover to ensure a smooth transfer of the business to new owners, though as the business has a very capable structured team in place it is not thought that this will need to be
Reason for Sale Genuine retirement sale.
Description Royal Lion Hotel for Sale
Freehold Hotel, Restaurant & Nightclub or Development Site
For Sale or Lease
A richly furnished 19th century building with panoramic sea views
Ref.AC340
Location Tenby, Dyfed, SA70 7EU South Wales
Asking Price œ 2,000,000
This is an opportunity to acquire a freehold hotel in a truly stunning cliff top location with panoramic sea views. It is situated in a very desirable destination town close to many attractions, areas of interest and outstanding natural beauty.
The hotel has been owned by the present owners for some twenty years, and although it is in need of some restoration it presents a fantastic opportunity for a buyer, either to build the business or to convert the freehold into 16 luxury apartments with fantastic views, plus 5 commercial units on the ground floor.
The property is centrally located with one of its walls being part of the ancient City Wall. The area is also under-going significant investment: next door McCarthy & Stone are building 40 retirement apartments and around the corner Premier Inn is building a hotel with 70 rooms.
The hotel provides accommodation in 21 ensuite rooms with a further 9 rooms that are currently not renovated.
On the ground floor there is circa 4,500 square feet of space comprising, reception, a magnificent 60 seat dining room, two licensed bars and kitchens and storage. The basement is circa 1,000 square feet in area and would be perfect for either a nightclub or licensed bar.
Across the road and only a few paces away are 60 pay & display car spaces available for guests of the hotel.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
