AC091-Motel & Bistro Style Restaurant
Advert ref: #838
Category: Leisure -> Hotels & Holiday Accommodation
Location: England -> Midlands -> Lincolnshire
Category: Leisure -> Hotels & Holiday Accommodation
Location: England -> Midlands -> Lincolnshire
Business for sale
Asking Price:
£1,200,000
Turnover:
£500,000
Annual profit:
150k to 199k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
3
Employees:
No
Photos:
No
Ownership:
Other
Business description
Motel & Bistro Style RestaurantConfidentially offered for sale
Ref No: AC091
Location: Lincolnshire
Asking price £1,200,000
Including the Freehold for two properties
With Planning permission granted for 4 extra rooms
Built in the 1800’s as a coaching house this friendly and inviting Motel is situated in a small sleepy village in Lincolnshire, yet just off a busy trunk road. The building has been lovingly refurbished to the highest standards offering a warm welcome to todays travellers.
The current owners bought the business in 1995, and have since restored all of the 5 bedrooms and also created a wonderful mediterranean ambience and atmosphere in the Bistro.
In 2005 the vendors expand the business and purchased the Lodge located directly opposite the Motel thereby gaining an extra five ground floor en-suite rooms, making 12 guest rooms in total.
Private living accommodation adjoins the coach house, which comprises of three double bedrooms, kitchen, lounge, dining room, bathroom, spare room and private secluded garden area.
Recent inspection by the English tourist board, gave the motel accommodation 4 Star Accreditation and 9/10 for the bistro restaurant. The kitchen was awarded ‘Food Business Hygiene Rating’ of 5 Stars.