Business for sale

Business description

Sought after trading position, close to promenade, Lancashire

We are infomred the sales year ending 31st May 2007 showed £177,070 with a gross profit of £127,135 (before wages of £22,345). In our opinion the business offers tremendous potential for further increase in the right hands.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £495,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features Car parking at front and side for approx. 6 cars

Ground Floor entrance to residents lounge. Separate residents bar area.

Dining room with tables and chairs providing seating for 60 persons.

Fully equipped catering kitchen. Washing up room with dishwasher, double sink and drainer.

Partly tiled ladies' and gentlemen's cloakrooms with w.c. and wash hand basin
Disabled cloakroom with w.c. and wash hand basin

Ground floor cellar

2 Twin bedrooms each with en suite shower room with shower, w.c. and wash hand basin
1 Double bedroom with en suite shower room with shower, w.c. and wash hand basin

Stairs to basement comprising:

1 Bedsitting room with en suite bathroom with bath, w.c. and wash hand basin
1 additional Bedsitting room with en suite shower room with shower, w.c. and wash hand basin

Laundry room with 2 commercial washing machines, 1 commercial gas tumble dryer
Freezer room with 3 deep freezes
Storeroom with racking

First Floor
4 Double Bedrooms each with en suite shower room with shower, w.c. and wash hand basin
3 Twin Bedrooms each with en suite shower room with shower w.c. and wash hand basin
2 Single Bedrooms each with en suite shower room with shower w.c. and wash hand basin
1 Family Room (for 5 persons) with en suite shower room with shower, w.c. and wash hand basin

Second Floor
4 Family Bedrooms (each suitable for 3 persons) each with en suite shower room with shower, w.c. and wash hand basin
1 Twin Bedroom with en suite shower room with shower, w.c. and wash hand basin
3 Double Bedrooms each with en suite shower room with shower, w.c. and wash hand basin
2 Single Bedrooms each with en suite shower room with shower, w.c. and wash hand basin

Third Floor
2 Family Bedrooms (each suitable for 4 persons) each with en suite shower room with shower, w.c. and wash hand basin
1 Twin Bedroom with en suite shower room with shower, w.c. and wash hand basin
2 Double Bedrooms each with en suite shower room with shower w.c. and wash hand basin
1 Single Bedroom with en suite shower room with shower, w.c. and wash hand basin

All the rooms are fully furnished, have colour television, hand dryer plus tea and coffee making facilities.

Staff The hotel is at present operated by 2 partners with the assistance of 4 full time and 2 part time staff.

Outside Car parking front and side for approx. 6 cars plus 2 rear yards.

Tenure OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FULLY FURNISHED FREEHOLD LICENSED HOTEL IN THIS SOUGHT AFTER POSITION.

RECOMMENDED FOR EARLY INSPECTION


Reference : H7695