Advert Ref: H.3.1.500.WM

Hotel Complex North Of Wolverhampton For Sale

  • West Midlands, United Kingdom

Price Reduced

Asking price:
£1,200,000
Sales revenue:
£150,000
Net profit:
£90,000
Years established:
24
Employees:
1 F/T manager 1 P/T maid

Photograph of this business for sale

Small 9 bedroom high class country house hotel plus 3 bedroom cottage for owner/manager accommodation. Plus 5 two bedroom letting cottages and a Restaurant (with leasehold income). Set in approx. 3 acres. Within easy access of two motorway junctions. Easily managed business. Owner wishing to sell leasehold but will consider offers for the freehold in excess of £1.5 million. For the leasehold option the owner will be flexible and consider offering a lease for: a) Hotel b) Hotel and Cottages or c) Hotel Cottages and Restaurant. This would be an ideal business for a working couple or partnership

Property:
Leasehold
Lease terms:
Lease terms are negotiable with the Lanlord.
Living accomodation:
A 3 bedroom cottage (two double bedrooms with ensuite). Lounge , Kitchen and wc
Location:
Located just north of Wolverhampton this superbly located business is within easy reach of two motorway junctions.

Expansion potential:
Occupancy of Hotel has scope for improvement. Weddings and functions provide even more scope for enhancement.
Reasons for selling:
Retirement sale
Trading hours:
Mon - Sun
Fixtures value:
Undisclosed
Stock value:
Undisclosed

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