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Advert Ref : H7657

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LICENSED HOTEL

  

Summary:
Reference: H7657
Categories: Hotels and Motels
Bed & Breakfasts
Guest Houses
Holiday Flats-Apartments
Location: Lancashire
Turnover: £ 520 p.w.
Price: £ 159,950 (Freehold)
(Click to Enlarge)

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Location

Spacious terraced property, LANCASHIRE. (Please register to make appointments and view addresses)

Features

The Hotel has Full Gas Fired Central Heating

Ground Floor - Entrance Hall

Dining Room with bar, 4 hand pumps. Tables and chairs providing seating for 26 persons.

Fully fitted kitchen

First Floor -

4 Double Bedrooms each with wash hand basin
Shower Room with shower, w.c. and wash hand basin
Additional shower room with shower
Separate w.c.
2 Family Bedrooms each with en suite shower room with shower, w.c. and wash hand basin

Second Floor

1 Single Bedroom with wash hand basin
2 Double Bedrooms, 1 with en suite w.c. and wash hand basin
Shower room with shower, w.c. and wash hand basin
1 Family Bedroom with en suite shower room, with shower, w.c. (wash hand basin in bedroom)
1 Additional Family Bedroom with en suite shower room with shower, w.c. and wash hand basin
1 Twin Bedroom with wash hand basin

All the bedrooms are fully carpeted and fully furnished

Turnover

We understand the Hotel operates from Easter - November and the turnover is in the region of £27,500 p.a. in our opinion offering tremendous potential for further development in the right hands.

Staff

The Hotel is at present operated by 2 partners and no staff are employed.

Accommodation

The private accommodation -

Basement
1 Double Bedroom with en suite shower room with shower, w.c. and wash hand basin
Additional bathroom with bath, wash basin
Utility Room
Large Storeroom/office

Ground Floor -
Private Living Room

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 9 years full repairing and insuring lease at a rental of £10,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,037 p.a. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £159,950 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Reference H7657

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

             

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  Bed & Breakfasts for Sale in Lancashire
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  Holiday Flats-Apartments for Sale in Lancashire

 


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