Financial Details
Asking price: £750,000
Sales revenue: £50,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
We are pleased to have been instructed to offer to the market this extremely well established hotel/guest house which has been trading successfully for the past 26 years.

The current vendor has been in ownership for the last 6 years and is reluctantly selling due to another major business project.

The customer base is a mixture of approximately 60% corporate and 40% private. Occupancy is at present only at 40/50% due to the vendors other business interest which has forced her to downsize the hotel’s business.

Revenue in recent years has been in the region of £80,000 to £90,000.

The hotel appears on two major booking websites, bookingdot.com and infotel which they are a member of, as well as appearing on Yell.com.

The hotel has 13 letting rooms, all en-suite ranging from singles/doubles/twins/ family and triple.

Rack rates are:
Singles @ £35 to £40 per night,
Twins @ £50 to £55,
Triple @ £70 to £75,
Double @ £50 to £55,
Family @ £75 to £80.

These rates do not include breakfast.

Since the present owner brought the property, approximately £50,000 has been spent on refurbishing a new kitchen, bathroom and added accommodation, office facilities and a gym.

The décor and ambience of the hotel is of a very high standard, as are the facilities and catering equipment.

The business has both alcohol and entertainment licences which could be transferred to a new owner at their own cost.

The hotel has a large lounge and bar with an excellent twenty two cover dining room and a separate lounge for meetings, private parties or additional dining.

There is a generous car park between the main building and the rear annex. Within the annex is a self contained owner’s accommodation with fitted bedroom/ sitting room with wardrobes and a bathroom.

Based on the hotel’s present activity, the business is staffed by one full time employee and two part time employees.







DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Trading hours:As required
Property:Freehold
Location:Our client’s extremely well established hotel occupies a very prominent position only two minutes walk from a major south Staffordshire town centre, five minutes walk from its railway station which has main line links to the capital. The road passing the hotel is a major feeder into the town and gives the hotel excellent exposure to possible guests.

The A5 trunk road is easily accessible leading to the M42 motorway and onto the Midland motorway network. Many local attractions are close to the town and include the National Exhibition Centre, Drayton Manor Park, Twycross Zoo and the Belfry International Championship golf course. The town is close to being halfway between both Birmingham International and East Midlands Airports.
Premises Details:BUSINESS PREMISES
This is a superb late Victorian double bay windowed detached house with converted coach house annexe and briefly comprises:

Ground Floor
• Driveway that leads to car park
• Main entrance to left hand side
• Entrance hall approx 1.80 x 1.66 metres in size
• Good sized reception hall – 4.41 x 3.20 meters – this contains original pine staircase with turned spindles and moulded balustrade to first floor. Telephone point, storage heater, chandelier light fitting, smoke alarm, fire bell and emergency lighting
• Under stairs cupboard with shelving, three phase electricity supply, gas/electric meters and coat hooks
• To the right is a pair of large pine doors leading into the guest lounge and bar area 5.17 x 4.26 metres and 4.08 x 5.22 metres respectively in size
• These areas have long bay windows overlooking the front garden
• The bar is fitted with a Phoenix fridge and has a draught beer tap with spirit/wine measures to its rear
• To the side of the bar is a large dining area with 22 covers, decorative wooden panelling to one wall, original oak fireplace with tiles hearth, chandeliers to the ceiling windows overlooking the side patio and UPVC doors to the exit
• It would be possible to extend the dining room into the patio area increasing its size to 40 covers, subject to the necessary planning permissions. The dining area is 7.12 x 4.40 metres
• Lobby to back door and kitchen
• Leading off the main reception area and opposite the lounge doors is a further
• lounge/dining/conference room measuring 4.84 x 4.10 mtrs, with
tv point, telephone point, emergency lighting, smoke alarm and two central light fittings – this leads back into the lobby area
• Ground floor bedroom with en-suite, which is furnished with a double bed 3.84 x 4.01 metres in size
• Kitchen 5.79 x 4.19 metres – furnished with two inset stainless steel sinks, roll edged work surfaces and central work area. There are smoke alarms, fluorescent lighting, cushion flooring and fully tiled walls.
The area has a UPVC door leading to the side of the property. A wall mounted main Mersey super gas fired combi boiler and steps leading down to a dry cellar with three separate workshop/storage areas. There is also a rear staircase to the first floor

First Floor
• Bay windowed bedroom containing two three feet zip link beds which can be made into a king size double and en-suite. Measuring 4.80 x 4.26 metres
• Second bedroom measuring 5.20 x 4.12 metres – this room can be converted into a conference room to seat ten people
• Guest cloakroom with w/c and hand wash basin
• Third bedroom with four three feet zip linked beds as a family room and en-suite 4.95 x 4.44 metres
• Fourth bedroom furnished with a double bed and en-suite 2.76 x 3.63 metres
• Rear staircase to lobby area near kitchen
• Good sized linen cupboard
• Next bedroom is ‘L’ shaped and has a single bed and en-suite 3.36 x 3.81 metres

• Single room and en-suite 2.74 x 3.99 metres

Coach House Annexe
• This has two separate entrances to the bedroom from the first doorway is a hallway with stairway to first floor landing all with smoke/fire alarms and emergency lighting
• Double room with en-suite 3.54 x 3.52 metres
• Second triple bedroom with one double and one single bed with en-suite 4.56 x3.54 metres
• ‘L’ shaped bedroom with double bed and en-suite 3.68 x 2.35 metres and 3.51 x 1.94 metres
• Fire door leading to airing cupboard with insulated hot water cylinder
• Triple bedroom with three 3ft zip linked beds and en-suite 4.65 x 3.08 meters
• Second carpeted staircase leads to ground floor and large walk in linen store with commercial gas fired water heater
• Laundry room with baxi solo gas fired wall mounted boiler, a commercial washing machine, single drainer stainless steel sink unit, Miele electronic rotary iron, Huebsc commercial calor gas oven in case of electrical failure and Huebsch commercial dryer
• From the first hallway is a fire door leading into the owners flat which briefly comprises of: good sized bed / sitting room, complete bathroom, under stairs storage area

External
• At the front of the main building is an elevated lawned garden area
• Large patio area
• Main drive is to left of building leading to a car park in front of the annexe
• Paved to the roadway at the front

The whole property benefits from double glazing throughout
Expansion potential:This is an ideal business for a husband and wife team either wishing to live on the premises or in separate accommodation. It would be preferable to have hotel/catering experience. The occupancy rate could be increase by: 1. Opening the restaurant up to the general public 2. Convert the property to 8 flats – outline planning has been done for this possibility and although not official, the local council has been spoken to and has shown no objection to the idea
Related documents:PDF document iconSales Particulars

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