Private Two Star Hotel
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training The handover of the business would be a straightforward issue. The existing manager will remain in post and as such an investor or existing hotelier would find it a very straightforward acquisition to take over.
Reason for Sale The owners have decided to retire.
Description Freehold Private Two Star Hotel for sale.
Ref.AC209
Location Plymouth
Asking Price 1,250,000
This hotel is located within a few minutes walk of the city center and within easy reach of Plymouth Hoe. The imposing Grade Two listed building is over two hundred years old and the character and feel that you would expect from a hotel of this age and standing. Over recent years the building and rooms have been subject to substantial renovation and the purchaser will be acquiring a business requiring little further attention. Every one of the twenty-one bedrooms has been fully redecorated and benefits from an en suite bathroom, coffee and tea making facilities and a flat screen colour television. Guests and non-residents can enjoy a drink in the atmospheric oak paneled bar prior to dining in the restaurant that can cater for circa seventy covers at any one time. The hotel is a free house and has no ties to any suppliers.
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