Freehold Hotel & Restaurant
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business commitments.
Description HOTEL & RESTAURANT FOR SALE IN WEST MIDLANDS. REF:8572CV. ASKING PRICE: œ1,200,000 FREEHOLD + SAV. The hotel is ideally located n the heart of the West Midlands with many nearby attractions including:- Warwick and Kenilworth Castles, Coombe Abbey Country Park, Coventry and Birmingham Airports, The NEC, Stratford upon Avon, Belfry Golf Course and the National
Agricultural Centre at Stoneleigh. The hotel has approximately 20 car parking spaces in its own grounds and there are numerous on street facilities all around. The area is perfectly placed for all the major motorway networks with the M6 (junction 2), M1 (junction 21), M40 and M69 all nearby.
Advent Business Sales have been instructed to offer for sale extremely well established freehold hotel with exceptionally high occupancy levels. Originally established as a bed and breakfast approximately 20 years ago, it was purchased by our vendor in 2000 and since then he has transformed it into the
magnificent premises it is now. The business is only now being offered for sale to enable our vendor to pursue his considerable other business commitments.
The hotel is on a very sought after location and is often fully booked, due in part to internet bookings and repeat custom. The hotel has 16 en-suite letting rooms, arranged over 2 floors and all with televisions, telephone, tea and coffee facilities, hair dryers and wire less internet. Room rates are from œ45 for a single, œ55 for twin and œ65 for a triple. There is also an excellent 38 cover
conservatory restaurant which caters for breakfasts, lunches and evening meals. An additional 32 can be accommodated in the bar area on busy nights.
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