Home :: Search :: Results :: Detailed View

Chester. CH2 3JG

Property Details
Agent Ref No: CHE100415
Category: Business for Sale
Business Type: Hotel & Holiday Accommodation
Offer Type: Offers in the region of
Price: £875,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2012-05-24
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading

B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

The Business Partnership is pleased to offer for sale a family run 12 bedroom private hotel. Placed on the market after 21 years of ownership due to retirement. •Freehold

The Business Partnership is pleased to offer for sale a family run 12 bedroom private hotel. Placed on the market after 21 years of ownership due to retirement.

The business is closely and effectively supported by certain key members of staff. The quality of the business and the support staff are such that the owners are now effectively in semi retirement and most years are able to leave the business and travel abroad for several months.

Another key attribute of the business is the facility provided by the high specification commercial kitchen. In the past this has been used to operate a thriving outside catering business. The kitchen being accessible from the rear of the premises means that this activity can be conducted with no disruption to the mainstream business. Although this activity is now discontinued there is known to be an ongoing demand for the service and in the owners’ opinion could be revived quite readily to produce a significant additional revenue stream
•Freehold

Located in Chester

Premises Details:
This is a very impressive property dating from 1832, in a very sought after residential area of Chester approx a mile from the City Centre. The property was formerly two separate residents which have been combined to provide the present extensive letting accommodation.